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 Nov 08, 2024 5:22pm

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Post# 36304054

Tax loss Season

Hit the road...No road, no zinc mine, no nothing. CD had gone into Rackla in 2012 filing a gold claim close to Atac tiger gold discovery. They found no gold. Chuck then filied more claims in the remote North Rackla region for Zn/Pb/Ag. Exploration has yet to confirm economic recovery. In any event, there is zero chance a road access will be granted. Atac found a million onces of gold, but no way of extracting them. Read the commentary below:

https://www.cbc.ca/news/canada/north/tiger-gold-road-mayo-atac-resources-1.4003891

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