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Cantex Mine Development Corp.
Summary
| Project: | North Rackla | |
|---|---|---|
| Deposit: | North Rackla | |
| Location: | Canada | |
| Commodities: | Silver-Copper-Lead-Zinc-Manganese | |
| Date: | 11/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-11-2019: Cantex Mine Development Corp. announces an Exploration/Drilling Update report for its North Rackla deposit at the North Rackla project. Drilling results incl. 32.0m @ 134.41g/t Ag, 8.47% Pb, 16.47% Zn, 0.13% Cu, 2.59% Mn from 104.5m. KELOWNA, B | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chad Ulansky (Not stated) | |
| ABSTRACT: | KELOWNA, BC, Nov. 5, 2019 /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 drilling continues to define a lead-zinc-silver mineralized system with Broken Hill Type (BHT) affinities. To date, 30,000 metres of drilling has been completed and 3 rigs are currently drilling along strike and down dip along the Main Zone trend, including one rig currently testing the down-dip extension of the high-grade mineralization at depth below pad MZ5 at 100-metre (vertical) intervals. New intersections of massive sulphide have been logged 1,386m along strike to the ENE from the Pad MZ6 discovery holes. To the WSW, massive sulphides have been logged at Pad 2, 175m from Pad MZ6. 115 holes have been drilled to date at North Rackla, outlining a large footprint of mineralization hosted along or near a siltstone-dolostone contact within a Proterozoic sequence of marine sedimentary rocks. Drilling is expected to continue into December with assays results expected to be received in batches through to 2020. | |
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