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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

Comment by Garnairon Jun 22, 2012 10:40pm
322 Views
Post# 20046529

RE: RE: RE: more dilution sort of

RE: RE: RE: more dilution sort of

WCP wants to go full tilt to get the drilling completed, the problem is the safety in Yemen right now. The government is still fighting within its own people for who is to take over the new position of mining. There was someone voted in for this role and the runner up for the position is fighting it. The people in government cant even get along never mind the other terror issues at this time. So all this being said that is the reason the slow drilling process. Things are starting to get better and lets hope for things to calm down. Soon as this happens WCP and Cantex will be full on. Lets all hope for a safe Yemen so we can all get rewarded sooner then later. Remember this is going to be a world class deposit one day lol!!!!

   Garnair.

   

 

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