KELOWNA, BC, March 11, 2014 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce the results from a further seven drill holes which demonstrate the potential for extension of gold mineralization to the south of the previously drilled northern 1km section. Rock chip sampling 400m north of the previous drilling has also extended the known gold mineralization. The work on the [...]
KELOWNA, BC, Feb. 7, 2014 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce that WCP Resources Ltd ("WCP") has exercised its option to farm-in to the Al Hariqah Gold Project, a prospective and potentially large scale gold project located in the Republic of Yemen. Introduction The Al Hariqah Gold Project (Project) is a near-surface gold deposit located 130km northwest [...]
KELOWNA, BC, Jan. 23, 2014 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce the results from a further four drill holes targeting extensions to the known gold mineralisation and infill drilling at the Al Hariqah Gold Project, a prospective and potentially large scale gold project located in the Republic of Yemen. The work on the project is now being lead by WCP[...]
KELOWNA, BC, Dec. 11, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to report the discovery of base metal mineralization at its North Rackla project in the Yukon. To date 127 rock samples collected during the summer field program have been analyzed. Of these, twenty were collected by geologist Chad Ulansky from a newly discovered gossan zone which sub-outcrops for a [...]
KELOWNA, BC, Nov. 8, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to report the geochem results for 143 soil-talus samples that were recently collected on lines parallel to the original sample line of highly anomalous gold-arsenic-antimony. These anomalous results from the Company's North Rackla claim block were reported in the news release dated October 3, 2013. Analyses [...]
KELOWNA, BC, Oct. 15, 2013 /CNW/ - Cantex Mine Development Corp. (TSXV : CD) ("Cantex" or the "Company") is pleased to announce the results from 11 drill holes targeting extensions to the known gold mineralisation and infill drilling at the Al Hariqah Gold Project, a prospective and potentially large scale gold project located in the Republic of Yemen. The work on the project is now being lead by WCP Resources Ltd [...]
KELOWNA, BC, Oct. 3, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to provide an update on its gold exploration program in its North Rackla claim block in the central Yukon. The claim block is located 15 km north of the Rusty silver and base metal prospect that was explored underground in the early 1980's. Equipment to support the underground development and drilling were [...]
KELOWNA, BC, Sept. 25, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to provide an update on its gold exploration program in the Yukon. North Rackla Claim Block Gold (plus 33 elements including arsenic & antimony) has been analysed for 2,301 of 11,007 soil-talus samples collected in 2013 on the North Rackla claim group. Eight areas have been identified with weakly to [...]
Cantex is pleased to provide an update on its exploration program in the Yukon. Yukon Gold Program: Cantex has now completed its summer exploration program on its Yukon claim blocks. North Rackla Claim Block: Heavy mineral sampling of the 12,810 hectare North Rackla claim block completed in 2011 and 2012 identified substantial portions of the block to be highly anomalous in key pathfinder elements for Carlin-style [...]
Cantex is pleased to provide an update on its recent financing and current exploration work in the Yukon. Further to the news release of June 21, 2013, the private placement financing is now closed and was fully subscribed. The Company raised $2,381,000 through the issuance of 21,645,455 flow through shares at $0.11 per share. An additional $619,000 was raised through the issue of 5,627,273 non-flow through units at [...]
Cantex announces that, further to its news release of June 21, 2013, it has issued 14,066,162 shares of the Company to Kel-Ex Development, a company controlled by Dr. Charles Fipke, the Chairman of the Company, in settlement of $1,547,278 owing by the Company to Kel-Ex. The shares issued are subject to a hold period expiring November 10, 2013. The Company is proceeding with a private placement of its securities so as to [...]
Cantex wishes to announce that it intends to proceed with a private placement of its securities so as to raise up to $3,000,000. The Offering is to be a combination of flow-through shares at a price of $0.11 per share and non flow-through units at a price of $0.11 per unit, with each unit comprised of one share and one share purchase warrant entitling the holder to acquire a further share at a price of $0.15 for a term [...]
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