KELOWNA, BC, Dec. 3, 2020 /CNW/ - Cantex Mine
Development Corp. (TSXV: CD) (the "Company") has released an
update on the work program at its 14,077 hectare North Rackla claim
block where drill results continue to define a lead-zinc-silver
mineralized system with Broken Hill Type (BHT) affinities.
Dr. Chuck Fipke reports
HIGHLIGHTS
- Drilling from pad MZ 51 at the north eastern end of the Main
Zone intersects sulphide mineralization extending the strike length
of the mineralization to over 2 kilometres
- Drilling at the new GZ zone also intersects strong massive
sulphides.
- Road building at the GZ zone exposes in situ
mineralization
MAIN ZONE
Drilling has now extended the strike length of the Main Zone to
over 2 kilometres. A drill testing the northeastern extent of
the Main Zone has intersected 4.5 metres of massive to disseminated
sulphides between 68.0 and 78.2 metres depth. This hole was
drilled at a -45 degree inclination from pad MZ 51, which is
located 1.95 kilometres from pad MZ 5 (see Figure 1).
GZ ZONE
A vertical hole was undertaken to assist in determining the
orientation of the mineralization. This hole intersected
massive sulphide mineralization (46.1 to 52.8 metres).
While constructing access to a forthcoming drill pad the
mineralization was exposed. At surface, the mineralization is
6.35 metres wide (true width) and is dominantly intensely oxidized
but does contain two one metre wide massive galena
sections.
A map showing the location of the current drilling and GZ Zone
exposure is shown in Figure 1. We are expecting the
next batches of drill results for the project within the next
week. They will be reported when received.
Figure 1. Massive Sulphide Area Plan View
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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SOURCE Cantex Mine Development Corp.