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Bullboard - Stock Discussion Forum 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... see more

TSXV:CD - Post Discussion

Cantex Mine Development Corp > INTERSECTS AN OUTSTANDING 89.25 METRES OF MINERALIZATION
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Post by Betteryear2 on Nov 22, 2023 4:35pm

INTERSECTS AN OUTSTANDING 89.25 METRES OF MINERALIZATION

KELOWNA, BCNov. 22, 2023 /CNW/ - Cantex Mine Development Corp. (TSXV: CD), (OTCQB: CTXDF)  (the "Company") is pleased to report that a 89.25 metre intersection of strong mineralization has been encountered at the Main Zone of the silver-lead-zinc-germanium Massive Sulphide project.  The Company also is closing a final tranche of its financing.

CANTEX INTERSECTS AN OUTSTANDING 89.25 METRES OF MINERALIZATION AT ITS NORTH RACKLA DRILL PROJECT AND CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT (newswire.ca)
Comment by bandi10 on Nov 22, 2023 6:23pm
Chuck seemed ecstatic  after the MTX AGM meeting ended and I asked him about CD. He said the Newswire was going to be all over the news release, which I haven't seen then yet. It is BIG, considering previous intercepts. We will have to wait for the lab results.
Comment by CashRus on Nov 22, 2023 10:28pm
Bandi, can you elaborate/clarify a bit please?  I assume that you mean he was excited about CD not MTX? I see from NR that KM spent another $52k for more shares which hasn't happened for a long time.
Comment by bandi10 on Nov 23, 2023 1:02am
Chuck was positive about the Quebec and SA properties. The news will come after the drill results, as well as the geophysical results come in. The geophysical results will determine the next drill targets on area B3 (copper , nickel, cobalt). The gold results should be here before end of the year, to determine further analysis of next steps on it. As usual he danced around a bit, regarding Morocco ...more  
Comment by bandi10 on Nov 23, 2023 1:05am
Sorry about the spelling mistakes, I am tired and not paying attention.
Comment by carter2 on Nov 23, 2023 10:55am
Thanks Bandi you always provide a great recap 
Comment by carter2 on Nov 22, 2023 10:41pm
Bandi did you ask if they would have a 43-101 complete any time soon?