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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Cantex Mine Development Corp. is an exploration stage company. Its principal business activity is the exploration and development of mineral properties for commercial mineral deposits, and it is considered to be at the exploration stage. It is focused on its 100% owned 20,000-hectare (ha) North Rackla Project located about 150 kilometers (km) northeast of the town of Mayo in the Yukon Territory, Canada where high-grade massive sulphide mineralization has been discovered. Over 60,000 meters of drilling has defined high grade silver-lead-zinc-germanium mineralization over 2.3 km of strike length and 700 meters depth. It has a 100% interest in four mineral properties in Nevada. It has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Al Hariqah is a near-surface gold deposit located about 130 km northwest of Sana’a, Yemen. The Al Masna’a nickel, copper, cobalt project is located in the Saadah region some 205 km north-northwest of the capital city, Sana’a.


TSXV:CD - Post by User

Post by carter2on Apr 03, 2012 10:33pm
642 Views
Post# 19756131

Talked with you know

Talked with you know

The drills are Turing still in Yemen, things are not as bad there as the news of the going on's in the North and South.  Suwar results are not in from Vale yet, their problem was mostly security reasons.  Suwar still being shopped around.  I remember when China had an interest but Chuck did not want to deal with them as they would have used their own people to mine and Chuck wanted the jobs to go to the locals, this may not be the case anymore and China may come into the mix you just never know.  Nevada data still being looked at by potential JV partners, they have not been to the properties yet as still winter at the higher elevations.  Yukon results almost ready,  with the data from the Yukon Governments' stream sediment samples to guide Cantex to take 2400 samples on other property not yet claimed, you can count on some positive results.  Look for news as early as next week, this should have some more AH results, Yukon grab sample results, and a some information in regards to more staking of property. GLTA going Looooooooooooog on this.

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