Cantex Intersects Massive Sulphides IN Three Drill Holes IN the Gz Zone ON Its 100% Owned North Rackla Project, Yukon
CANTEX INTERSECTS MASSIVE SULPHIDES
IN THREE DRILL HOLES IN THE GZ ZONE ON
ITS 100% OWNED NORTH RACKLA PROJECT,
YUKON
KELOWNA, BC
,
June 7, 2022
/CNW/ -
Cantex Mine Development Corp.
(TSXV: CD) (the
"Company") is pleased to provide an update on drilling of the GZ Zone at its 100-percent-owned
14,077 hectare North Rackla claim block in the
Yukon
.
CANTEX INTERSECTS MASSIVE SULPHIDES IN THREE DRILL HOLES IN THE GZ ZONE ON
ITS 100% OWNED NORTH RACKLA PROJECT, YUKON (CNW Group/Cantex Mine Development
Corp.)
Dr.
Charles Fipke
reports
Massive Sulphides Intersected at GZ Zone
Massive sulphides have been intersected in three holes drilled this season into the GZ Zone. These
massive sulphide intercepts with associated semi-massive and disseminated mineralization measure
4.7, 14.0 and 8.1 metres in length.
Drilling at this zone in 2021 intersected massive sulphide which assayed 4.7% lead, 19.25% zinc
with 101 g/t silver over 16.05 metres (see news release on
February 16
, 2022). The GZ Zone is
located 500 metres southeast of the Main Zone in a talus and glacial till covered area (see Figure
1). Drilling is continuing at the GZ Zone and in covered areas between the Main Zone and GZ Zone.
The HQ sized core has been split and is being shipped to CF Minerals in
Kelowna
for sample
preparation prior to being sent to Chemex in
Vancouver
for analysis.
The technical information and results reported here have been reviewed by Mr.
Chad Ulansky
P.Geo
., a Qualified Person under National Instrument 43-101, who is responsible for the technical
content of this release.
Signed,
Charles Fipke
Charles Fipke
Chairman
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release. Information set forth in this news release includes forward-looking statements under
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statements of historical fact, included herein are forward-looking statements. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievements expressed or implied by
such forward-looking statements. Such factors include, among others, risks identified in the
management discussion and analysis section of the Company's interim and most recent annual
financial statements or other reports and filings with Canadian securities regulators. Forward
looking statements are made based on management's beliefs, estimates and opinions on the date
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certainty to forward-looking statements.
SOURCE
Cantex Mine Development Corp.
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For further information:
Cantex Mine Development Corp, Tel: +1-250-860-8582; Email:
CO: Cantex Mine Development Corp.
CNW 09:00e 07-JUN-22