Cantex Mine Development Corp. is pleased to report that Cantex is presently drilling on its North Rackla claims. The first hole drilled at a -45° inclination into the Main Zone of the silver-lead-zinc-germanium mineralization encountered a 7.8 metre intersection of strong massive sulphide from a depth of 82.5 metres . Cantex is pleased to report such an outstanding intersection on its first hole. Drilling continues. About [...]
Cantex Mine Development Corp. announces that, further to its news release of September 20, 2023 announcing a private placement , the Company closed the first tranche of the Offering on October 17, 2023 and has received $921,365 by the issuance of 1,424,550 flow through units and 1,900,000 non flow-through units . FT Units were issued at $0.30 per FT Unit and Units were issued at $0.26 per Unit; each FT Unit is comprised [...]
Cantex Mine Development Corp. is pleased to announce that Crescat Capital LLC , in association with renowned geologist, Dr. Quinton Hennigh, is committing to an investment of up to $1,500,000 of a $5,000,000 non-brokered private placement. "We are delighted to welcome Crescat as a strategic shareholder," said Charles Fipke, Chairman of Cantex. "Crescat's investment is a strong endorsement of our North Rackla project in [...]
Cantex Mine Development Corp. would like to announce that it is continuing with its previously announced private placement. An additional extension has been received and the final closing will be on or before September 17, 2023. Signed, Charles Fipke Dr. Charles Fipke, CM Chairman Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release [...]
Cantex Mine Development Corp. would like to announce that it is continuing with its previously announced private placement. The final closing will be on or before August 17, 2023. Signed, Charles Fipke Dr. Charles Fipke, CM Chairman Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Information set forth in this news release includes [...]
Cantex Mine Development Corp. is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports Germanium China has announced that it will be restricting exports of germanium to the United States and western markets starting August 1, 2023. China supplies 83% of the world's germanium and provides the US with half of its supply. Prior to this [...]
Cantex Mine Development Corp. announces that, further to its news release of April 28, 2023 announcing the closing of the first tranche of its private placement , the Company has been advised by the TSX Venture Exchange that it has received a 30-day extension of the Offering from the date of this news release. Signed, Charles Fipke Charles Fipke Chairman of the Board FORWARD LOOKING STATEMENTS: Certain of the statements [...]
Cantex Mine Development Corp. announces that, further to its news release of April 17, 2023 announcing a private placement , the Company has closed the first tranche of the Offering and has received $1,268,500 by the issuance of 1,601,351 flow through units and 2,112,500 non flow-through units . FT Units were issued at $0.37 per FT Unit and Units were issued at $0.32 per Unit; each FT Unit is comprised of a flow through [...]
Cantex Mine Development announces that it will undertake a non-brokered private placement to raise gross proceeds of up to $1,400,000. The Offering will be comprised of a combination of flow through units and non-flow through units. The FT units will be priced at $0.37 per unit, with each FT unit comprised of one flow through share and one-half warrant; the Units will be priced at $0.32 per unit, with each Unit comprised [...]
Cantex Mine Development Corp. is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports Drilling extends strike length of Main Zone to 2,350 metres Cantex is pleased to report results from a further 21 drill holes from its 2022 drill program at the North Rackla project. Eighteen holes remain to be analyzed and will be reported when complete [...]
Cantex Mine Development Corp. is pleased to provide an update on the Main Zone at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports High Germanium Content in Main Zone Sulphides Cantex is pleased to report that analyses of sphalerite from its Main Zone mineralization show very high germanium values. A total of twelve analyses were completed on samples from four drill [...]
Cantex Mine Development Corp. is pleased to provide an update on drilling of the Main Zone at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports Drilling confirms strike extension of mineralization to northeast along Main Zone Cantex is pleased to report results from a further five drill holes from its 2022 drill program at the Main Zone of the North Rackla project. These [...]
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