|Bid||0.71 x 0|
|Ask||0.77 x 0|
|Day's Range||0.7800 - 0.8000|
|52 Week Range||0.1500 - 1.1000|
|Beta (3Y Monthly)||-4.47|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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KELOWNA, BC , Jan. 23, 2019 /CNW/ - Cantex Mine Development Corp. (CD:TSXV) (the "Company") is pleased to announce details of the upcoming work program on its 100% owned 14,077 hectare North Rackla claim block. Ground magnetic, electromagnetic, resistivity and gravity surveys are planned over 1 km2 covering 2.3 kilometres of the strike length of the massive sulphide zone. These surveys will be focused on determining the exact location of the massive sulphide mineralization beneath a region covered in glacial till between the Discovery and Extension zones. The results will be used to fine tune the proposed drill program as well as test areas at the extremities of the mineralized zone. The Company will be utilizing three diamond drills on the project this year. One core drill is currently on site, a second drill is currently being refurbished and a third new drill has been ordered and is nearing completion. These drill rigs will be tasked with completing a 75 hole, 17,000 metre drill program on the massive sulphide zone and a three hole 1,000 metre program at the northern gold area.
Cantex receives up to 51.14% zinc and 39.63% lead from over-limit analyses for drill results from the North Rackla claims, Yukon
Cantex receives spectacular silver-lead-zinc drill results from the North Rackla claims, Yukon
Cantex Intersects Fresh Massive Sulphides in Four Recent Drill Holes on North Rackla Claims, Yukon
Both holes were drilled from a drill pad situated on a spur connecting the main hillside to a pinnacle of the steep slope below the discovery end of the massive sulphide zone. The massive sulphides dip steeply towards the drill collar at about 80°. The upper hole intersected the goethite weathered massive sulphide zone to about 24 meters below the surface outcrop. Channel trench samples collected previously across the weathered outcrop analyzed 7.04% lead, 1.85% zinc and 36 g/t silver over an apparent width of 15.7 metres including a 3 metre section analyzing 20.25% lead, 2.39% zinc and 107g/t silver.
KELOWNA, BC , July 12, 2018 /CNW/ - Cantex Mine Development Corp. (CD:TSXV) (the "Company") 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. Crews will begin mobilizing to the project on July 16 th and drilling is expected to start shortly thereafter as the core drill is already on site.
Chad Ulansky took the reins as CEO of Cantex Mine Development Corp’s (TSXV:CD) and grew market cap to CA$3.92M recently. Understanding how CEOs are incentivised to run and grow theirRead More...