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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 Oregonduckon Apr 11, 2023 12:08am
222 Views
Post# 35387809

Al Hariqah Gold Mining

Al Hariqah Gold MiningChuck previously stated that  Al Hariqah's geology is amenable only to open-pit operation in the arid Yemen desert. No deposit found. Force majeure in effect. Yemen is dead even with conflicts settled.

"...
When we think of mining, water likely isn’t the first thing that comes to mind. But most mining operations require a lot of water, and many are in arid regions in the world. Water is essential for mineral processing, tailings and waste management, and dust suppression. A medium-sized open pit mine may use and recycle eight million gallons of water every day for basic operations."
(citation omitted)

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