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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 Waivergodon Jun 10, 2024 3:55pm
260 Views
Post# 36081546

Stolen from poster on CEO board

Stolen from poster on CEO board It should be clarified that this is distinct from the Zn-Pb-Ag-Ge deposit which is >10Mt so far and in that case, copper is not economic. Rather, it is found in trace amounts and if you, like I have been, log every hole drilled on the deposit so far, will see a small but sustained increase in copper to the NE. The company has stated on multiple occasions that geologically this non-economic indicator is indicative that we're nearing the middle of the deposit. Which, given the high sustained grade and tonnage we're already at bodes extremely well and provides insight into why they are reluctant to do a 43-101 and establish a tonnage which doesn't provide a glimpse of what we (tacitly understand we) actually have. Private companies that have analyzed the data understand this fact though."


Smart guy knows better than you bears
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