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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

Post by drew17on Jan 02, 2004 10:19am
487 Views
Post# 6834688

Yemen Observer article

Yemen Observer articleFrom the latest edition. Prospects for gold explored in new book By Observer Staff SANA’A - A new book entitled “Gold in Yemen” has been published by engineer Abdul-Hakim Ahmed Othman. The brunt of the book deals with indicators for significant gold deposits in Yemen, their potential benefits to the national economy, and opportunities for investment in the field. The book is aimed at a core of Yemen-based investors who lack experience in this industry. Much attention is given to historical summaries of gold and the geographical distribution of gold and gold producers around the world. The author reviews metals, ores and precipitates as well, along with ways of extracting gold from ore, turning any novice reader into an informed expert and helping generate local enthusiasm for this unexploited industry with very lucrative potential. Yemen’s gold-mining tradition dates back to the kingdom of Sheba, when substantial amounts of gold were extracted from quartz deposits; the industry has since gone extinct, however, despite the fact that numerous untapped gold deposits have been discovered in recent geological surveys, some of them enormous. “Gold in Yemen” includes diagrams, tables, and maps of many of these gold-bearing sites. Taiz-based Abdul-Hakim Othman has worked for long time as head of the Mineral Department at the Geological Survey and has acted supervisor for gold sampling in the field. He has written four other publications in the field of minerals and precious stones.
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