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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 drew17on May 11, 2004 7:36pm
291 Views
Post# 7472605

RE: 43-101's???

RE: 43-101's???Well I don't know much. Why else would I be involved in CD?lol. Only our B.O.D. would know for sure. Perhaps the BB member who received the original response from KMD on the 27 April may wish to write her back and ask if there were any changes/amendments required to the 43-101's and have they and when were the final versions submitted for approval? (Assuming they have been re-submitted). If I would have to make an educated guess, I would say there would likely be a 43-101 for: 1. The Nevada properties (this 100% deal with Sovereign Gold still has not been approved by the Exchange and the gold bull market has years to run so diversify with more than one country); 2. Suwar (As there was a very good and detailed report done a few years ago by Vince Roberts if I remember correctly and the price of Nickle will continue to be above average IMO); 3. Al Masna (mainly because of the past work done to date and the positive results of the E.M. survey in 2002 and will need drilling to test the responses); and possibly 4. Al Hariqah (Because of the past work but as the property has many inhabitants nearby, it may make more sense to leave this one alone and seek out other possibilities elsewhere. Who knows when we will see the light of day? PP announced in December 2003 and we are now in May! Maybe there was a curve ball or two thrown at the management from the Exchange and slowed up the process.
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