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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 tkellyon Jun 27, 2000 12:32am
529 Views
Post# 2121063

RE: attacks

RE: attacksSir Thanksalot, I am well aware of Galactic Resources (I agree - it was certainly a disaster). Robert Friedland is not a geologist He finances mining projects. Since Galactic, he found Voisey's Bay, and you forgot about Fort Knox. Fort Knox is even mentioned in Cantex's own news releases as being an example of a large low grade gold deposit. Are you kidding me about Al Hariquah being a "comparable 4M ounce" deposit? The drilling completed at Al Hariquah to date is only enough to indicate less than 150,000 ounces of gold. It is possible that Al Hariquah will prove up such a deposit with many years of drilling, but let's not get carried away. Chuck Fipke would never say that he has a 4M ounce deposit at this point. And 20M ounces? Come on. tk
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