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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 Concordeon Oct 31, 2024 8:00pm
102 Views
Post# 36291631

RE:Trail Smelter

RE:Trail Smelter At that AGM Chad was responding to a question regarding the the cost to determine the overall Ge significance/metallurgic testing paramaters in relation to the values of all other minerals; Zn, Ag, Pb etc so far drill confirmed at North Rackla. His quick off the cuff answer related to assaying costs re Ge, i.e. (1%) insignificant. With respect to zero value for FWZ Ge , smelters in North America/Global have no precedent in paying miners to refine out the ore value for Ge. they keep it as a bonus. Teck is one of the few North American mining companies that have the ability to refine the by-product Ge and sell to market. But logic dictates that if they purchased and owned the concentrate they would process it and keep the profit. That's why they process the Red Dog Ge concentrate at Trail smelter and avoid third party Ge concentrates.
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