For thousands of other reports visit RSC's Mineral Intellingence Map
Cantex Mine Development Corp.
Summary
| Project: | North Rackla | |
|---|---|---|
| Deposit: | North Rackla | |
| Location: | Canada | |
| Commodities: | Silver-Copper-Lead-Zinc-Manganese | |
| Date: | 10/29/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-10-2018: Cantex Mine Development Corp. announces an Exploration/Drilling Update report for its North Rackla deposit at the North Rackla project. Drilling results incl. 13.0m @ 150.6ppm Ag, 7.85% Pb 15.86% Zn from 100.87m. KELOWNA, BC, Oct. 29, 2018 /CN | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chad Ulansky (Not stated) | |
| ABSTRACT: | KELOWNA, BC, Oct. 29, 2018 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the "Company") is pleased to announce drill results from the Massive Sulphide zone on its 100% owned 14,077 hectare North Rackla claim block. Results have now been received for nine holes from this summer's diamond drill program. Final results are available from four holes tested mineralization at the "Discovery Zone" near the northeastern end of the Massive Sulphide zone. Provisional results are available for five holes at the "Extension Zone" 1,700 metres to the southwest. These results are provisional as they contain samples which either exceed 30% zinc or 20% lead which is the limit of the analytical method used. There are 14 drill core samples totaling 12.05 metres containing over 30% zinc and 9 drill core samples totaling 6 metres containing over 20% lead. These assays are being repeated using titration methods capable of analysing up to 50% zinc and 70% lead and will be released when received in about three weeks time. Four holes testing the sulphide mineralization at the discovery zone were completed during the summer drill program. Holes YKDD18-008 and YKDD18-009 were drilled at -63 o and -44 o respectively, near the top of the slope and both intersected intensely weathered mineralization. The third hole, YKDD18-010, was drilled at -50 o from a second pad 79 metres in elevation below the upper pad. The fourth hole, YXDD18-011, was drilled at -50 o. a further 48 metres in elevation down the mountain. All the holes were drilled at an azimuth of approximately 165 degrees along a single section, perpendicular to the interpreted strike of the mineralization. In the following table a summary of the significant intercepts of these four holes is presented. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report