Cantex Mine Development Corp V.CD

RE:RE:here a stab at the value. - Rare earth.

[pennymaker69]

As for rare earth....

o determine the value of the germanium, we would need to know the current market price for germanium, which can fluctuate depending on supply and demand. As of April 14, 2023, the market price of germanium is approximately $1,200 per kilogram. Based on the average grades reported in the drilling results (795 g/t and 793 g/t), we can estimate that the germanium content is approximately 0.0795% and 0.0793%, respectively.

Assuming the company can recover all of the germanium from the mineralized material, the value of the germanium can be calculated as follows:

• For the six holes with initial results:

  • 795 g/t x 15,000 kg (assuming each hole drilled to a depth of 2,500m and a diameter of 10cm, yielding approximately 15,000 kg of mineralized material per hole) = 11,925,000 grams of germanium
  • 11,925,000 grams x $1.2/gram = $14,310,000

• For the 19 holes with new results:

  • 793 g/t x 15,000 kg = 11,895,000 grams of germanium
  • 11,895,000 grams x $1.2/gram = $14,274,000

• For the GZ zone sample:

  • 1,257 g/t x 15 kg (assuming a small sample size for testing) = 18,855 grams of germanium
  • 18,855 grams x $1.2/gram = $22,626

Therefore, based on the current market price of germanium, the total value of the germanium in the mineralized material at the Cantex Yukon North Rackla project is approximately $28,606,626.