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.

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Cantex Mine Development Corp

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Post by Oregonduckon Jul 19, 2024 5:28pm

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Post# 36140700

North Rackla is doomed

Yukon Mines Minister John Streicker told Thursday’s briefing that the Yukon government had sought more information from the Na-Cho Nyak Dun First Nation, whose territory the mine is on, about their call for a mining moratorium on their lands.

“I don’t speak for the First Nation, but I will share our understanding that following the heap leach failure, the First Nation of Na-Cho Nyak Dun does not want any new mineral claims, licenses, exploration, development authorizations or ongoing mining activities on their traditional territory,” Streicker said.