Cantex Expands North Rackla Project with Promising Drilling Results

Cantex Mine Development ( (TSE:CD) ) has shared an update.

Cantex Mine Development Corp. has reported significant drilling results from its North Rackla Project in the Yukon, revealing a 9-meter interval rich in lead-zinc and silver. The latest drilling efforts have extended the Main Zone’s strike length and suggest a potential central feeder zone, indicating substantial expansion possibilities for the mineral deposit, which remains open along strike and at depth. These results could enhance Cantex’s positioning within the mining sector by potentially doubling the currently defined deposit length, offering promising implications for stakeholders.

More about Cantex Mine Development

Cantex Mine Development Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily involved in the extraction of lead, zinc, and silver, with a market focus on expanding its mining projects in significant mineral-rich areas like the Yukon, Canada.

YTD Price Performance: 9.52%

Average Trading Volume: 87,762

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$15.08M

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