KELOWNA,
BC, May 25, 2022 /CNW/ - Cantex Mine
Development Corp. (TSXV: CD) (the "Company") has commenced
drilling at its 100-percent-owned 14,077 hectare North Rackla claim
block in the Yukon.
Dr. Charles Fipke reports
Drilling Underway at GZ
Zone
Cantex is pleased to announce that drilling has now commenced on
its North Rackla project in the Yukon. Currently, two drills
are working on testing the GZ Zone at the Massive Sulphide
project. The maiden drill program here in 2021 encountered
significant high-grade mineralization such as 16.05 metres of 24%
lead-zinc and 101 g/t silver which included 3.7 metres of 60%
lead-zinc and 336 g/t silver.
The area of the GZ Zone is covered in glacial sediments making
soil-talus sampling and geological mapping not possible. This
season's drilling at the GZ Zone is targeted to better determine
the geometry and control of this mineralization by drilling beneath
the glacial cover.
Later in the season drilling will also be undertaken on the Main
Zone to extend the 2.1km strike length. Further drilling will
also be undertaken on regional targets within the North Rackla
claim block.
The Company looks forward to a productive field season.
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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SOURCE Cantex Mine Development Corp.