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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 bandi10on Nov 23, 2023 1:02am
179 Views
Post# 35749588

RE:RE:RE:INTERSECTS AN OUTSTANDING 89.25 METRES OF MINERALIZATION

RE:RE:RE:INTERSECTS AN OUTSTANDING 89.25 METRES OF MINERALIZATION Chuck was positive about the Quebec and SA properties. The news will come after the drill results, as well as the geophysical results come in. The geophysical results will determine the next drill targets on area B3 (copper , nickel, cobalt). The gold results should be here before end of the year, to determine further analysis of next steps on it. As usual he danced around a bit, regarding Morocco, but not concrete enough to be put in a news release. He was enthused about SA diamond potential, but again, waiting on Gov.to give go ahead for next step, which could include possible drilling. No rollback expected, but can't promise 100%., as we have 2,400,000 shares of Juno, now worth approx. 4.4 milion, which could be used as exploration funds. Have 1 milion left for quebec exploration for next year, at this point. I asked Chuck about CD AGM and was told it will be in January sometime. Then i said I hope we will have some good news by then. That is when he got all excited and said, that there would be a news release , shortly, by CD, that would get the Media very excited. I read it after i got home. I asked these questions as I was heading out the door, as I had some prior ngagemnt to get to., so i didn't get to ask about the 43-01. Quebec is exciting, provided the drill results confirm their expectations. As usual they wer guarded about specific info, that has not been released publicly. Oh yes Chuck gave us a big story about he invested big in Dia-Met when it was in the dumps and no one was buying, except him, which is why he made such a fortune on it. I guess he was trying to draw a paralel between MTX and Dia-Met, when they were both on the bottom and encouraging us to be buying, now, when it is so low.
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