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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 Nov 03, 2024 7:46pm
119 Views
Post# 36294546

RE:Cantex’s narrow veins deposit

RE:Cantex’s narrow veins depositMr. Oregonduck,  Thank you,  I have now reviewed your post and consider it very misleading in fact and accuracy. You are stating your opinion on the "narrow vein theory". No where in the financial statements does Cantex state that the deposit is uneconomic or economic. That is only subject to future drilling results and the dissemention of the various and sundry compliant technical reports as prescibed by the appropriate corporate and securities laws. i.e. National Instrument 43-101 reports etc.. In regards to Note 4 on the financial statements this is a boiler plate disclaimer note, used for legal liability reasons which is a standard for all mining exploration companies. You seriptiously cite the Novamera company and quote there website regarding their technology used to drill out narrow veins. This is highly misleading as you seem to attrubute the quote to the Cantex financial statements. and ironically you do not refer to their technology which is used to successfully drill out narrow vein deposits. We undersatnd all posters have their respective reasons to manifest there point of view but lets play fair and be in compliance with all rules and regulations and be morally transperant and honest to our fellow posters.
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