CANTEX DRILLS 22.5m of 1.96 g/t, 12m of 2.1 g/t, 6m of 3.55 g/t and 2m of 8.31 g/t GOLD in HOLE RDH-H
November 28 2011 - 9:00AM
PR Newswire (Canada)
KELOWNA, BC, Nov. 28, 2011 /CNW/ - Cantex Mine Development Corp.
("Cantex" or the "Company") is pleased to announce drilling results
from its Al Hariqah gold project. Results for a further 7 holes
from the Al Hariqah gold project have been received. Upper portions
of the holes are typically drilled using percussion techniques and
the holes are then extended with core drilling. Sample
results are pending from 7 additional holes. The following table
presents significant results that have just been received along
with any results previously reported from the same holes: Hole
Drilling Results Length From To Gold Technique (m) (m) (m) Grade
(g/t) RDH-H Percussion New 81.00 1.00 82.00 1.05 & Core
Including New 22.50 55.50 78.00 1.96 Core New 4.00 91.00 95.00 0.84
Core New 12.00 108.00 120.00 2.10 Core New 6.00 125.00 131.00 3.55
Core New 2.00 142.00 144.00 8.31 RDH-I Percussion Previously 3 3 6
0.39 released Percussion Previously 3 6 9 1.33 released Percussion
Previously 3 19.5 22.5 1.23 released Percussion Previously 4.5 24
28.5 0.68 released Percussion Previously 6 31.5 37.5 0.38 released
Percussion Previously 3 43.5 46.5 2.44 released Percussion
Previously 6 54 60 2.09 released Percussion Previously 3 67.5 70.5
0.32 released Percussion Mix 22.67 85.5 110.16 1.24 & core Core
New 2 140.7 142.7 1.98 RDH-J Percussion Previously 18.00 9.00 27.00
0.19 released Percussion Previously 4.50 48.00 52.50 5.28 released
Core New 2.00 105.50 107.50 4.49 Core New 2.50 114.80 117.30 0.60
RDH-K Percussion New 91.00 3.00 94.00 0.68 & core Including New
6.00 7.50 13.50 1.67 Core New 2.66 102.34 105.00 0.43 RDH-L Core
New 1.5 100.5 102 0.486 Drilling at the Al Hariqah project
continues to intersect gold mineralization over significant
lengths. Hole RDH-H intersected 22.5 meters of 1.96 g/t gold
from a depth of 55.5 meters depth. This mineralization lies
within a larger zone which averages 1.05 g/t gold over 81 meters
from a depth of 1 meter. Several additional zones of
significant gold were intersected deeper in the hole including 12
meters of 2.1 g/t gold from 108 meters depth, 6 meters of 3.55 g/t
gold from 125 meters depth and 2 meters of 8.31 g/t gold from 142
meters depth. As seen in the above table, shallower portions of
hole RDH-I, which had previously been drilled, intersected numerous
zones of gold mineralization including 6 meters of 2.09 g/t gold
from 54 meters depth. Results from the recently completed
core drilling of this hole extended the mineralization including
22.67 meters of 1.24 g/t gold from 85.5 meters depth. Hole RDH-K
intersected 91 meters of 0.68 g/t gold from 3 meters depth. Summary
Cantex is pleased with the continued intersection of anomalous gold
mineralization at Al Hariqah. Once the 162 hole program is
finished, Cantex will be in the position to complete a
prefeasibility study on the Al Hariqah project. This press release
has been prepared by Chad Ulansky P.Geol, a Qualified Person.
Signed, Charles Fipke Charles Fipke Chairman Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. Cantex
Mine Development Corp. CONTACT: Cantex Mine Development Corp.,
203-1634 Harvey Ave., Kelowna, BC,V1Y6G2, Tel (250) 860 8582, Fax
(250) 860 1362, Email info@cantex.ca
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