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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 Domino15on Jan 03, 2025 11:36pm
89 Views
Post# 36387151

RE:So this is what I know...

RE:So this is what I know...Good points penny. We definitely need a JV sooner than later. One of many examples why is Chad's comment on the video regarding '"perhaps more importantly is depth extension of mineralization" confirms we need a JV and a drill  able to get below the maxed out 700 meter drill depth that the present drill allows. He said the mineralization was over 20 meters wide at 700 metres.  Who knows how deep this goes? Chuck also mentioned on 2 occasions at the Metalex AGM how Justin and the Liberal government are allowing short selling and keeping mineral stocks down. A federal election is on the horizon so that will take care of that once the Liberals are gone. No idea how much time Chuck and Chad put into this venture but it sure would be nice if they went full bore ahead if they aren't already.  So much talk about this massive sulfide mineralization being discovered and nothing seems to be happening????
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