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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Metals & Mining Industrial Metals & Minerals
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

Cantex Mine Development Corp > A Way to Tipperary
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Post by Oregonduckon May 09, 2024 4:57pm
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Post# 36032177

A Way to Tipperary

A Way to TipperaryChuck has not done any 43-101 to independently prove up tonnage like Fireweed Metals. In addition, FNNND and the territorial Yukon Govt have not completed a Beaver River Land Use Plan. North Rackla is part and parcel of such Plan. No road access has been approved in the last decade for exploration mining projects unless it is an operating mine. Victoria Gold has FNNND blessing bestowed in 2011 and the site is also near existing public roads. Cantex's site is in the remote Wernecke alpine mountains bordering Peel Watershed and considered pristine heritage land. No majors will buy a "Pig in the Poke". There is a reason the stock is selling at pre-discovery level with no value given to North Rackla.

https://emrlibrary.gov.yk.ca/landplanning/beaver-river-land-use-planning-government-of-yukon-priority-planning-issues-and-interests-2020.pdf

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