Cantex Mine Development is pleased to announce a fully subscribed non-brokered private placement to raise gross proceeds of $1,600,000. The offering is expected to close on November 18, 2022. The Offering will be comprised of a combination of flow through units and non-flow through units. The FT units will be priced at $0.27 per unit, with each FT unit comprised of one flow through share and one-half warrant; the Units [...]
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 the first results from its 2022 drill program at the Main Zone of the North Rackla project. To date results from three [...]
Cantex Mine Development Corp. is pleased to provide an update on drilling of the GZ Zone at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports A 5 Metre Zone of 39% Lead-Zinc and 116 g/t Silver Intersected in Hole YKDD22-226 at GZ Zone Cantex is pleased to report the first results from its 2022 drill program at the North Rackla project. To date results from seven holes [...]
Cantex Mine Development Corp. announces that its common shares have qualified to trade on the OTCQB® Venture Market , and has commenced trading under its existing symbol of "CTXDF". The Company upgraded to OTCQB from the Pink® Open Market. The Company's common shares will also continue to trade on the TSX Venture Exchange under the symbol "CD". The Company is also pleased to announce that its common shares are now [...]
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 A 27.7 Metre Zone of Semi-Massive to Massive Sulphides Intersected in Hole YKDD22-246 at Northeast End of Main Zone Hole YKDD22-246 was drilled at a -65 degree dip from the same pad MZ 52 and at the same 145 degree azimuth as [...]
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 Massive Sulphides Continue to be Intersected to Depth at Northeast End of Main Zone Drilling from pad MZ 52A demonstrates the massive sulphides intersected while drilling from pad MZ 52 extend to depth. Hole YKDD22-241 [...]
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 Extends Massive Sulphide Zone Strike Length Drilling has now commenced at the Discovery Target within the Main Zone. The first hole drilled has intersected massive sulphides. These massive sulphide intercepts with [...]
Cantex Mine Development Corp. is pleased to provide an update on drilling of the GZ Zone at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports Massive Sulphides Intersected at GZ Zone Massive sulphides have been intersected in three holes drilled this season into the GZ Zone. These massive sulphide intercepts with associated semi-massive and disseminated mineralization [...]
Cantex Mine Development Corp. has commenced drilling at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports Drilling Underway at GZ Zone Cantex is pleased to announce that drilling has now commenced on its North Rackla project in the Yukon. Currently, two drills are working on testing the GZ Zone at the Massive Sulphide project. The maiden drill program here in 2021 [...]
Cantex Mine Development Corp. announces that, further to its January 31, 2022 news release, the Company has adopted a new 7% rolling share option plan . The New Plan received TSX Venture Exchange approval and shareholders approved the New Plan at the Company's Annual General Meeting held on January 28, 2022. The New Plan has replaced the Company's 2008 share option plan. The New Plan provides that the number of Common [...]
Cantex Mine Development Corp. has released an update on the work program at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports that the final 2021 drill results are now available: GZ Zone Drill Results Drilling at the GZ Zone continues to return high-grade intercepts of silver-lead-zinc mineralization. Further drilling from pad GZ02D, from which hole YKDD21-209 [...]
Cantex Mine Development announces that, further to its news release of March 30, 2022 announcing a private placement, the Company has closed the Offering and has received $5,360,032 by the issuance of 10,052,737 flow through units and 4,812,475 non flow-through units. FT Units were issued at $0.38 per FT Unit and Units were issued at $0.32 per Unit; each FT Unit is comprised of a flow through share and one non-flow [...]
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