/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO
U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
KELOWNA, BC, Sept. 5, 2019 /CNW/ - Cantex Mine
Development Corp. (CD: TSXV) (the "Company") is pleased to
provide an update on the work program at its Massive Sulphide
project within its 100% owned 14,077 hectare North Rackla claim
block.
Drilling
62 holes totalling over 14,000 metres have been completed on the
2.4 km long Massive Sulphide Zone so far this season. These
holes have been drilled from 14 pads stretching along a strike
length of 760 metres (or approximately 30% of the 2.4km strike
length) within the Main Zone. The deepest sulphide
intersection to date has been at 335 metres vertically below
surface. Results have been received for holes totaling 2,648
metres. A map showing the pad locations on the Main Zone is
presented on the Company's website (www.cantex.ca).
Extension Zone Highlights
Hole
|
Pad
|
Dip
|
From (m)
|
To
(m)
|
Length (m)
|
True Width (m)
|
Silver (g/t)
|
Lead (%)
|
Zinc (%)
|
Copper (%)
|
Manganese (%)
|
YKDD19-040
|
5
|
-62o
|
30.1
|
56.6
|
26.5
|
16.32
|
153.57
|
3.10
|
2.44
|
0.42
|
4.09
|
|
|
|
|
|
|
|
|
|
|
|
|
YKDD19-042
|
5
|
-70o
|
32.7
|
61.0
|
28.3
|
14.15
|
113.96
|
9.34
|
12.37
|
0.09
|
3.05
|
Including
|
|
|
36.1
|
37.1
|
1.0
|
0.50
|
134.00
|
56.59
|
0.40
|
0.03
|
4.32
|
And
|
|
|
46.0
|
50.0
|
4.0
|
2.00
|
150.50
|
7.39
|
36.96
|
0.05
|
2.53
|
And
|
|
|
56.0
|
59.0
|
3.0
|
1.50
|
213.33
|
10.73
|
41.43
|
0.10
|
1.41
|
|
|
|
|
|
|
|
|
|
|
|
|
YKDD19-043
|
5
|
-78o
|
61.8
|
84.4
|
22.6
|
8.47
|
48.20
|
8.20
|
4.90
|
0.04
|
3.20
|
Including
|
|
|
61.8
|
64.8
|
3.0
|
1.12
|
55.33
|
21.91
|
1.48
|
0.01
|
4.07
|
And
|
|
|
72.2
|
73.3
|
1.1
|
0.41
|
235.40
|
49.30
|
3.72
|
0.11
|
1.99
|
And
|
|
|
75.3
|
78.4
|
3.1
|
1.16
|
97.47
|
6.87
|
21.23
|
0.05
|
3.02
|
Drilling this season has focused on extending the mineralization
along strike from the heavy massive sulphides intersected in 2018
(see news releases dated November 20,
2018) from Pad 6.
Moving along strike further to the northeast, heavy sulphide
mineralization has been logged in a fan of four drill holes from
Pad 26, located 625 metres northeast of Pad 6. Results for
these holes are pending.
To the southwest, along strike from Pad 6, drilling in 2019 has
been conducted from Pads 5, 4 and 3 which are 32, 82 and 129 metre
step-outs respectively from Pad 6.
From Pad 5, holes YKDD19-039, YKDD19-040, YKDD19-042 and
YKDD19-043 were drilled at an azimuth of 150 degrees. An
additional hole from Pad 5 was drilled at a -88 degree dip which
also intersected heavy massive sulphides between 103 and 135 metres
for which assays are awaited. The mineralization in the
shallowest hole, YKDD19-039, was oxidized as reflected in its lower
metal content. As shown in the results table, exceptional
silver, lead and zinc values continue to be intersected in fresh
mineralization along strike to the southwest of the Main
Zone.
Similar fans of five holes were completed from each of Pads 4
and 3. Heavy massive sulphides were logged in all ten holes
and results are awaited.
Additional maps and sections are presented on the Company's
website www.cantex.ca.
Summary
Cantex is extremely encouraged from the initial 2019 results
which confirm last year's exciting world class discovery.
Continuity along strike, depth and exceptional widths are confirmed
as well as very high grades.
Quality Controls / Qualified Person
The drill holes reported in this press release were drilled
using HQ (63.5mm) diamond drill bits. The core was logged,
marked up for sampling and then divided into equal halves using a
diamond saw on site. One half of the core was left in the
original core box. The other half was sampled and placed into
sealed bags which were in turn placed into larger bags closed with
security seals prior to being transported to CF Mineral Research
Ltd in Kelowna, BC.
At CF Minerals the samples were dried prior to crushing to -10
mesh. The samples, which averaged over 3kg, were then mixed
prior to splitting off 800g. The 800g splits were pulverized
to -200 mesh and a 250g split was sent for assay. Quality
control procedures included the insertion of coarse quartz samples
to assess the sample preparation. Silica blanks were inserted
along with certified reference samples. These quality control
samples were each inserted approximately every 20 samples.
ALS Chemex in Vancouver assayed
the samples using a four-acid digestion with an ICP-MS
finish. The 48 element ME-MS61 technique was used to provide
a geochemical signature of the mineralization. Where lead or
zinc values exceeded one percent the Pb-OG62 or Zn-OG62 techniques
were used. These have upper limits of 20% lead and 30% zinc
respectively. When these upper limits were exceeded the
samples were analyzed by titration methods Zn-VOL50 and
Pb-VOL70.
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
Charles Fipke
Chairman
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forward-looking statements. By their nature, forward-looking
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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
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statements.
SOURCE Cantex Mine Development Corp.