Cantex Mine Development Corp. is pleased to report the first five of fourteen reverse circulation drill holes on its 100% owned Bruner property in Nevada. Dr. Chuck Fipke reports Bruner Property The Bruner property is located in Nye County, Nevada, which hosts numerous gold mines. Its location is presented in Figure 1. Cantex completed 14 reverse circulation holes on the project and has received results from five holes [...]
Cantex Mine Development Corp. is pleased to release an update on the work program at its 14,077 hectare North Rackla claim block where drill results continue to define a lead-zinc-silver mineralized system with Broken Hill Type affinities. Dr. Chuck Fipke reports RESULTS GZ Zone Hole YKDD20-177 was drilled vertically into the GZ zone located 550 metres southeast of the high-grade Extension Sector and intersected 7.3 [...]
Cantex Mine Development Corp. announces that, due to the latest COVID-19 public health restrictions in British Columbia, the Company's annual meeting of the Shareholders will be held virtually via the internet on the Zoom platform. The AGM will be held on Friday, February 26, 2021, at 1:00 p.m. , and will be held in camera on the Zoom platform. At the AGM votes will be recorded from all Proxy votes submitted prior to the [...]
Cantex Mine Development Corp. has released an update on the work program at its 14,077 hectare North Rackla claim block where drill results continue to define a lead-zinc-silver mineralized system with Broken Hill Type affinities. Dr. Chuck Fipke reports HIGHLIGHTS Hole YKDD20-174, drilled at the GZ Zone intersects 4.05 metres of 39.39% lead-zinc with 130 g/t silver within an 8.95 metre interval containing 22.77 [...]
Cantex Mine Development Corp. has released an update on the work program at its 14,077 hectare North Rackla claim block where drill results continue to define a lead-zinc-silver mineralized system with Broken Hill Type affinities. Dr. Chuck Fipke reports HIGHLIGHTS Results for Main Zone drilling from pad MZ34 extend depth of mineralization to 700 metres below surface with a 23.67 metre true width intersection A total of [...]
Cantex Mine Development Corp. has commenced drilling on its wholly owned Baxter Springs East property in Nevada. Dr. Chuck Fipke reports HIGHLIGHTS Drilling has commenced on Baxter Springs East Three additional properties also ready to drill Baxter Springs East Project Drilling has now commenced on the Baxter Springs East project in Nevada. Five holes are planned on this project, totalling 975 metres of reverse [...]
Cantex Mine Development Corp. has released an update on the work program at its 14,077 hectare North Rackla claim block where drill results continue to define a lead-zinc-silver mineralized system with Broken Hill Type affinities. Dr. Chuck Fipke reports HIGHLIGHTS Drilling from pad MZ 51 at the north eastern end of the Main Zone intersects sulphide mineralization extending the strike length of the mineralization to over [...]
Cantex Mine Development Corp. has released an update on the work program at its 14,077 hectare North Rackla claim block where drill results continue to define a lead-zinc-silver mineralized system with Broken Hill Type affinities. Dr. Chuck Fipke reports HIGHLIGHTS First hole testing the newly discovered GZ Zone intersects strong massive sulphides Rock samples collected during prospecting define a new gold rich zone and [...]
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 HIGHLIGHTS Drilling underway and massive sulphide mineralization intersected at a vertical depth of 680 metres Drilling of Massive Sulphide Project Drill testing of the Main Zone of the Massive Sulphide Project continues and has further extended [...]
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 HIGHLIGHTS Drilling underway and massive sulphide mineralization intersected Soil-talus sampling program complete Rock sampling identifies mineralization in regional anomalies Prospecting identifies second zone at Massive Sulphide Project Drilling [...]
Further to its news releases of July 27, and August 14, 2020, Cantex Mine Development Corp. is pleased to announce the closing of the final tranche of its non-brokered private placement of flow through and charity flow through shares. In this closing, the Company issued 1,578,948 charity flow through shares for gross proceeds of $3,000,001. These Shares were sold at a price of $1.90 per Share The Shares issued in this [...]
Further to its news release of July 27, 2020, Cantex Mine Development Corp. is pleased to announce the closing of the first tranche of its $5,000,000 non-brokered private placement of flow through and charity flow through shares. In this closing, the Company issued 668,000 flow through shares for gross proceeds of $1,135,600. These Shares were sold at a price of $1.70 per Share. The Shares issued in this closing are [...]