KELOWNA, BC, July 12, 2018 /CNW/ - Cantex Mine Development Corp. is pleased to announce that its financing is fully subscribed and will close tomorrow. The drill program will commence next week on the North Rackla claims. Drill Program Crews will begin mobilizing to the project on July 16th and drilling is expected to start shortly thereafter as the core drill is already on site. Drilling will commence at the northeastern [...]
KELOWNA, BC, June 14, 2018 /CNW/ - Cantex Mine Development Corp. is pleased to announce its planned summer drill program on two areas within its 100% owned North Rackla claim group in the Yukon. The drill program is anticipated to commence in mid July, and the drill rig is already on site. Northern Gold Area Cantex has discovered a mineralized area in the northern portion of the approximately 15km by 15km North Rackla [...]
KELOWNA, British Columbia, May 31, 2018 -- Cantex Mine Development Corp. announces that it intends to proceed to consolidate the issued and outstanding common shares of the Company on a 10 pre-consolidation for 1 post consolidation basis and concurrently therewith proposes to undertake a post consolidation private placement to raise gross proceeds of up to $1,750,000 . The Offering will consist of a combination of flow [...]
KELOWNA, BC, June 28, 2017 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company") is pleased to announce its summer program on its North Rackla claim group in the Yukon. Gold Targets Cantex is planning to drill the Northern gold - lead - zinc - silver area with a core drill rig which is already positioned on its 100% owned North Rackla project. An initial five inclined holes are planned to penetrate a sandy [...]
KELOWNA, BC, April 7, 2017 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company") is pleased to report results from all eight core holes drilled in late 2016 testing an oxidized massive sulphide zone that has been traced for at least 1,900 metres with surface sampling. All eight holes intersected the oxidized massive sulphide zone. The first seven holes were collared at the same location while the eighth hole [...]
KELOWNA, BC, Dec. 2, 2016 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company") is pleased to report all eight core holes drilled to date have intersected the oxidized massive sulphide zone that has been traced for at least 1,900 metres with surface sampling. A summary of the first seven holes all drilled from a site at GPS locality easting 563105 and northing 7153633 is as follows: Core Hole # Azimuth [...]
KELOWNA, BC, Nov. 16, 2016 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company") is pleased to announce that three holes have been completed from the same site into an unexposed, talus-covered, oxidized massive sulfide zone that strikes for at least 1,900m. The oxidized massive sulfide zone analyzed 314 g/ton silver, 5.39% lead, 3.39% zinc and 0.66% copper in surface talus. This zone was intersected over a 5 [...]
Cantex Mine Developmen The Company is pleased to announce that drilling is underway on its North Rackla Project in the Yukon. Drilling is currently testing the newly discovered eastern silver-lead-zinc-copper massive sulphide zone. Specifically, the southwestern extension of the massive sulphide zone is presently being tested. Though this zone has not been trenched, composite gossan samples collected from sub-outcrop [...]
KELOWNA, BC, Oct. 18, 2016 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company") Further to its news release of October 11, 2016 the Company announces that, weather permitting, drilling will commence on its North Rackla Project in the Yukon within the next two days. The Company also announces that it intends to proceed with a private placement of its securities so as to raise up to $1,000,000 (the "Offering [...]
KELOWNA, BC, Oct. 11, 2016 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce results from the 2016 Yukon summer exploration program and the mobilization of a core drill to its North Rackla project. During the period of July 1 to 19 Cantex completed trenching, rock sampling and geologic mapping in an area of anomalous gold-zinc-lead-silver in rock outcrop, sub-outcrop and [...]
KELOWNA, BC, July 25, 2016 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce the progress of the 2016 Yukon summer exploration program. This program focused on the 100% owned North Rackla claim block in central Yukon. Yukon Summer Program - Phase One Cantex is pleased to report that the first phase of field work for the summer program in the Yukon is now complete. Four [...]
KELOWNA, BC, Jan. 22, 2016 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce the results of the 2015 Yukon summer soil-talus sampling program. This program focused on the 100% owned North Rackla and Mount Good claim blocks in central Yukon. 2015 Soil - Talus and Rock Sampling Program During the summer of 2015, 1,187 soil/talus samples were collected with the objective of [...]
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