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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 Oct 08, 2024 10:45am
96 Views
Post# 36257794

RE:RE:RE:RE:RE:RE:Should be last week of drilling the Yukon

RE:RE:RE:RE:RE:RE:Should be last week of drilling the YukonIf your comment was posted five years ago, I would not have agreed more.  However, given the physical limitations of silicon wrt overheating and the fact that germanium can withstand clocking rates a magnitude faster with less cooling required the outlook for germanium demand is changing.  I don't think the Chinese would make a difference going forward. It's one thing to use silicon chips over germanium chips when an Intel CPU cost three or $400. But when NVDIA is selling processors for fifty thousand or $60,000 per unit, the cost of germanium while expensive is proportionally a fraction of the overall cost and could be justified as a superior substrate material. The past decades had germanium's use relegated to fiber optics, solar panels, and night vision goggles. I suspect the future will be dominated by chip manufacturing which is ever increasing with AI advancements.
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