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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 givemeabreak1on Jan 15, 2025 7:57am
78 Views
Post# 36404503

RE:RE:Critical Minerals Article

RE:RE:Critical Minerals ArticleHere Is the problem while Zinc is listed as a critical mineral it is not one that is any kind of short supply!  Pretty much anywhere in the earth you punch a hole you hit zinc which is why it is always so cheap and quite often production goes down in countries like Canada.  You have to be able to make money!  As for critical being related to short supply not so much!  While China is the largest producer of zinc in the world Chinese production is not needed in the US!  US and Canada production of Zinc alone is enough to supply total demand of both countries.  That is not to say alot of zinc is not bought from China.  It is no different than oil and gas production!  While the US produces more oil and gas than they in fact use they still purchase oil and gas from other countries such as Canada while exporting some of their own!
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