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 Oct 11, 2024 2:59pm

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Post# 36263109

From Hero to Zeros

One-hit-wonder. Co-discovered Ekati Mine with Blusson. DiaMet shoot to the Moon. Made many millionaires in Kelowna. Friggin' Hero. That was some 30 years ago.

Zeros:
Cantex lost 99 percent of its value since inception.

*Discovered the "Queen of Zebra" gold hoard, now owned by the Houthi in Yemen. Worth zero.

*Nevada gold claims, a bust. Worth zero.

*Rackla "Mount Good", a bust. Worth zero.

*Rackla North Zn/Pb/Ag/Ge Sedex discovery, now owned by First Nation with failure to launch. Worth zero.

Timing is not on your side. Age decaying fast.