Cantex Intersects Strong Massive Sulphide IN Its First Hole Drilled IN 2023 at North Rackla Project, Yukon
CANTEX INTERSECTS STRONG MASSIVE
SULPHIDE IN ITS FIRST HOLE DRILLED IN
2023 AT NORTH RACKLA PROJECT, YUKON
KELOWNA, BC
,
Oct. 25, 2023
/CNW/ - Cantex Mine Development Corp. (TSXV: CD) (OTCQB:
CTXDF) (the "Company") is pleased to report that Cantex is presently drilling on its North Rackla
claims.
Map 1. 2023 Drill program update (CNW Group/Cantex Mine Development Corp.)
The first hole (YKDD23-279) drilled at a -45° inclination into the Main Zone of the silver-lead-zinc-
germanium mineralization encountered a 7.8 metre intersection of strong massive sulphide from a
depth of 82.5 metres (refer to drill hole location Map 1).
Cantex is pleased to report such an outstanding intersection on its first hole. Drilling continues.
About Cantex Mine Development Corp.
Cantex is focused on its 100-per-cent-owned, 20,000-hectare North Rackla Project located 150
kilometres northeast of the town of
Mayo
in
Yukon, Canada
, where significant massive sulphide
mineralization has been discovered. Over 60,000 metres of drilling has defined high-grade silver-
lead-zinc-germanium mineralization over 2.3 kilometres of strike length and 700 metres depth. The
mineralization remains open along strike and to depth. The company is led by Dr. Fipke, the founder
of Ekati,
Canada's
first diamond mine.
The technical information and results reported here have been reviewed by Mr.
Chad Ulansky
P.Geol
., a Qualified Person under National Instrument 43-101, who is responsible for the technical
content of this release.
Signed,
Charles Fipke
Dr.
Charles Fipke
, CM
Chairman
FORWARD LOOKING STATEMENTS:
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statements of historical fact and may be forwardlooking statements or information. The Company's
forward-looking statements and information are based on the assumptions, beliefs, expectations
and opinions of management as of the date of this press release, and other than as required by
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statements and information if circumstances or management's assumptions, beliefs, expectations
or opinions should change, or changes in any other events affecting such statements or
information. For the reasons set forth above, investors should not place undue reliance on forward-
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release.
SOURCE
Cantex Mine Development Corp.
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For further information:
Cantex Mine Development Corp, Tel: +250-860-8582, Email:
CO: Cantex Mine Development Corp.
CNW 09:00e 25-OCT-23