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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 Dec 02, 2022 1:24pm
238 Views
Post# 35146980

RE:Zzzz Yukon..soooooon

RE:Zzzz Yukon..soooooonI'm not sure that most recent round of  money raised was for drilling. Could be for overrun costs from this year's drill program?  Hopefully, it was raised for legal closing costs if a suitor comes forward. This site has been relying on $5-$6 million per year raises to support its annual drill program. Time will reveal all (as Chuck has a controlling interest in the company :( or :) depending on drill results).
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