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Cantex Mine Development Corp.

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Summary

Project:

North Rackla

Deposit:North Rackla
Location:Canada
Commodities:Silver-Copper-Lead-Zinc-Manganese
Date:3/17/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-3-2020: Cantex Mine Development Corp. announces an Exploration/Drilling Update report for its North Rackla deposit at the North Rackla project. Drilling results incl. 8.4m @ 119.17g/t Ag, 8.77% Pb, 10.68% Zn, 0.07% Cu, 2.33% Mn from 275.7m. KELOWNA, BC
Resources:x
CP/QP:[Overall Report]: Chad Ulansky (Not stated)
ABSTRACT:KELOWNA, BC, March 17, 2020 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company") has released an update on the work program at its Massive Sulphide project within its 100-per-cent-owned 14,077 hectare North Rackla claim block where drill results continue to define a silver-lead-zinc mineralized system with Broken Hill Type (BHT) affinities. Additional assays have been received from some of the holes presented in the Company's January 30, 2020 release. These results, from eight holes drilled off pads MZ31, 32, 33, 34 and 39B, show additional silver-lead-zinc mineralization in this area. These new results are italicized within Table 1. Collar locations are presented in Figure 1. Drill results from 39 holes drilled at sixteen drill pads on the Main Zone have now been received. Drilling from pad MZ 5X continued to intercept mineralization to depth below pad MZ 5. A true width of 6.62 metres of 119.17 g/t silver, 8.77% lead and 10.68% zinc was intersected in hole YKDD19- 125 starting at 275.70 metres. No significant results were intersected in drilling from pads MZ14, MZ16B, MZ48, MZ-3 and MZ-5. Results from these holes are presented in Table 2.

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