- Cantex Mine Development Corp. (CD) provided an update on drilling of the Main Zone at its North Rackla claim block in Yukon
- Work at its 100-per cent-owned 140 square kilometre project has seen massive sulphides intersected from drilling at pad MZ 52A, while drilling from pad MZ 52 extend to depth
- Hole YKDD22-241 intersected several zones containing massive to semi-massive sulphide mineralization at the extreme northeastern end of the 2.15 kilometre long Main Zone
- Shares of Cantex (CD) were trading steady at $0.275 as of 9:30 am ET
Cantex Mine Development Corp. (CD) provided an update on drilling of the Main Zone at its North Rackla claim block in Yukon.
Work at its 100-per cent-owned 140 square kilometre project has seen massive sulphides intersected from drilling at pad MZ 52A, while drilling from pad MZ 52 extend to depth.
Hole YKDD22-241 intersected several zones containing massive to semi-massive sulphide mineralization at the extreme northeastern end of the 2.15 kilometre long Main Zone.
The most significant of these are from 154.75 to 160.1 metres (5.35 metres) and 183.5 to 189.95 metres (6.45 metres). This last zone is 124 metres vertically below surface.
The company continues drilling at this northeastern end, the Discovery Target, of the Main Zone.
The core has been split and is being shipped to CF Minerals in Kelowna, British Columbia for sample preparation prior to being sent to ALS Chemex in Vancouver for analysis.
Cantex Mine Development Corp. (CD) is a Canada-based exploration stage company.
Shares of Cantex (CD) were trading steady at $0.275 as of 9:30 am ET.