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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 Sep 05, 2023 10:13am
165 Views
Post# 35619678

RE:RE:interesting article

RE:RE:interesting articleSo, Mr. Lahey where is the problem? Is there any demand at any price? Or is Chuck just biding his time? If the germanium numbers hold up, and the tonnage for the sedex to which the germanium is bound is significant enough, wouldn't a major industrial nation or division of the military want to buy this thing and lock it away? The fact that no drilling will occur this year because of market conditions can only be seen as negative, but not fatal. I think that there are many hoops to jump through still including native approval. But, it's the quantity of germanium holds up, the economic model of extraction should make this a workable mine one day. We should all sharpen our pencils and have our questions fully hashed out ahead of the AGM this year and put their feet to the fire. As long as Chad is still in Quebec, I don't think the North Rackla is even a remote drill site possibility this year.
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