Cantex Mine Development Corp V.CD

Alternate Symbol(s): CTXDF

Metals & Mining Industrial Metals & Minerals

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.

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Cantex Mine Development Corp

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Comment by Gillie88on Dec 20, 2020 6:37pm

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Post# 32149956

RE:RE:RE:RE:RE:RE:RE:RE:RE:news

I think that Cantex's management is being very strategic with this discovery. They have gotten interest from major miners, Chuck keeps buying more shares at a huge discount, the rest of the company still has warrants and options left to exercise. I think they are quietly lining things up so that the discovery is worth as much as possible when they start advertising it more. The coming years are going to be good tothe precious metals and they want to be a part of it.

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