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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 Massivesulfideon May 04, 2022 4:01pm
198 Views
Post# 34656353

RE:Your Bucket List Stock ??!!

RE:Your Bucket List Stock ??!!Civil War disrupted the Yemen project. My understanding is that it's viable but low-grade gold mine to be profitable once the bullets stop. As far as the Yukon goes, that is perplexing as well. You have one of the greatest geological explorers now working with one of the worlds greatest promoters. So which way does this project go? Do you start releasing some preliminary tonnage reports not 43-101 and pump it or do you find a BHP who just buys it outright at a set price?
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