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Bullboard - Stock Discussion Forum
Cantex Mine Development Corp
V.CD
Alternate Symbol(s):
CTXDF
Metals & Mining
Industrial Metals & Minerals
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.
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TSXV:CD - Post Discussion
Cantex Mine Development Corp
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•••
Oregonduck
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Post by
Oregonduck
on Dec 16, 2024 6:05pm
Facts Matter
Nystar Clarksville plant in Tennessee is a medium zinc smelter that could supply 80% of the total annual US imports of Germanium and Gallium from China source from their nearby high-grade zinc mines. Currently, there are no other smelters in the US. Trail Smelter in BC processes Germanium from the Red Dog Mine in Alaska and re-imported back into the US.
There are no roads to North Rackla which is 150 km from Mayo, and another 580 km to Skadway Port in Alaska for any shipments of concentrates to Asia for refining.. Korea Zinc is the largest zinc smelter in the world.
Fireweed has road connection to Alaska from its North Canol Road but requires a tote or supply road to its MacMilliam Pass zinc and nearby Tungsten properties.
There is slim to no chance FNNND will approve an access road for Cantex through its heritage pristine land for a new hard-rock mine.
(185)
•••
Waivergod
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Comment by
Waivergod
on Dec 16, 2024 7:37pm
Sounds like ALOT more is needed for the future. This bodes well.
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