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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 piper10on Mar 02, 2001 1:40am
451 Views
Post# 3410221

RE: News

RE: NewsSo,indeed some of the electromagnetic anomalies which Vince Roberts refered to in his Suwar report are beginning to reveal themselves. That to me was the highlight of the NR.I wonder what else will be found because as Vince says that this " Suwar geological/geophysical province" is an " elliptical area centered 30-40 km north of Suwar ". "It is some 250 km long and 100 km wide." That's one big area. It will take time to unfold. As for AH - it's great to see that the estimate will be independently verified. Perhaps all CDNX did was speed up the process. The question for me is who will do the job? WGM perhaps. They certainly have the Yemen experience. Where to drill? My uneducated guess from the last paragraph of the NR is this new find in the " Suwar Project Area ",then AH,leaving the original Suwar for the new JV or partnering association, which ever and Sadah for sometime down the road. P10
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