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Cantex Mine Development Corp.
Summary
| Project: | North Rackla | |
|---|---|---|
| Deposit: | North Rackla | |
| Location: | Canada | |
| Commodities: | Silver-Copper-Lead-Zinc-Manganese | |
| Date: | 11/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-11-2018: Cantex Mine Development Corp. announces an Exploration/Drilling Update report for its North Rackla deposit at the North Rackla project. Drilling results incl. 9.19m @ 150.6ppm Ag, 8.09% Pb 18.04% Zn, 0.05% Cu from 100.87m. KELOWNA, BC, Nov. 20 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chad Ulansky (Not stated) | |
| ABSTRACT: | KELOWNA, BC, Nov. 20, 2018 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company") is pleased to announce the over-limit drill results from the Massive Sulphide zone on its 100% owned 14,077 hectare North Rackla claim block. Over-Limit Results Received The over-limit results have now been received for the 23 samples that exceeded with 30% zinc or 20% lead. The 14 over limit zinc samples representing 12.05 metres of drill core contained between 35.47% and 51.14% zinc. The 9 over limit lead samples representing 6.00 metres contained between 20.94% lead and 39.63% lead. Updated Extension Zone Results Each of the five holes drilled this summer at the Extension Zone intersected fresh galena and sphalerite mineralization which contained over-limit samples. The following table presents the significant mineralized intercepts incorporating these over-limit results. These results improve upon and supersede the provisional results released October 29, 2018. Hole YKDD18-012 contained two mineralized intervals with one having an estimated true width of 9.19m assaying 150.6 g/t silver, 8.09% lead and 18.04% zinc. Within this interval there was a 3.54 metre section that contained 277.8 g/t silver, 14.01% lead and 35.36% zinc. Hole YKDD18-013 intersected three mineralized intervals. The most significant has an estimated true width of 7.10m containing 158 g/t silver, 6.04% lead and 23.23% zinc. Contained within this interval was a 3.24 metre higher grade section with 207.5 g/t silver, 7.43% lead and 40.24% zinc. | |
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