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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

Post by Gillie88on Aug 25, 2022 10:05pm
308 Views
Post# 34921519

What is it worth?

What is it worth? Question for the group. What does everyone think this discovery could be worth? From all my conversations with the company over the last 2 years they have not wavered from their goal of 20,000,000 tonnes at 15 plus % zinc eq. So if they can prove that out that would give them 3,000,000 plus tonnes of zinc over say 3 km. Chad has always stayed firm from my conversations with him that the goal is 20,000,000 tonnes (or more) making it a proven teir 1 asset. I understand the frustration with the lack on news and communication over the last couple years and the tension some people feel about the company. But if the can prove out over 3,ooo,ooo (or more) tonnes of zinc on this strick what would that make the discovery worth?
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