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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 Oregonduckon Oct 29, 2024 2:54pm
148 Views
Post# 36287315

The Biggest Question Mark

The Biggest Question MarkThe 3-D resource model can confirm the orebody in terms of the strike length, width and depth. However, mining of the bulk sample would confirm the presence of mineralization as predicted in the resource model, and the analytical results by the visual mineralization encountered along the slope. Why Chuck has refused to do a 43-101 is highly questionable. The market believes the narrow widths and the thin sheets of Zn/Pb found made recovery uneconomical. Betting on a long shot horse usually means the horse is no damned good.

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