KELOWNA, BC, Oct. 31, 2016 /CNW/ - Cantex Mine
Development Corp. (CD: TSXV) (the "Company") The Company
is pleased to announce that drilling is underway on its North
Rackla Project in the Yukon.
Drilling is currently testing the newly discovered eastern
silver-lead-zinc-copper massive sulphide zone. Specifically,
the southwestern extension of the massive sulphide zone is
presently being tested. Though this zone has not been
trenched, composite gossan samples collected from sub-outcrop
gossan samples returned grades of up to 314 g/t silver, 13.85%
lead, 18.7% zinc and 1.97% copper.
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
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.
SOURCE Cantex Mine Development Corp.