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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 pennymaker69on Dec 15, 2024 8:07pm
63 Views
Post# 36363457

RE:RE:Does fireweed have approval

RE:RE:Does fireweed have approval
Oregonduck wrote:

carter2 wrote: From the First Nations for an open pit mine?
they might be a little apprehensive after Victoria gold and maybe would prefer Cantex underground option. 

 

FWZ has approval from Ross River FN but not from FNNND to upgrade existing roads at a cost of $100 million. In 2022, they had withdrawn the new access road application pending the passage of the new Resource Road Reg. FNNND has said they would want the signing of the Beaver River Land Use Plan in place in addition to baseline study. 

FWZ is to construct a tailings dam and an ore processing plant on site. The concentrates would be shipped to Skagway Port in Alaska to be transported out to Asia for smelting. 

Cantex would also need to process the ores on site in a tailings pond for concentrates before shipment. They could not simply truck out many millions tonnes of rocks for processing. It has been estimated that Capex would be $1.5 billion plus $120 million for road construction. 

Good luck with the pie-in-sky mine.



LOL maybe CD will just ship the core to FSW smelter for processing. LOL why make 2. when they both can benefit. Makes CD even more likely to be a mine.
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