KELOWNA, BC, June 24, 2021 /CNW/ - Cantex Mine
Development Corp. (TSXV: CD) (the "Company") has released an
update on the work program at its 100-percent-owned 14,077 hectare
North Rackla claim block in the Yukon.
Dr. Charles Fipke reports
HIGHLIGHTS
- Prospecting of anomalous soil-talus areas
- Structural mapping of priority areas to commence shortly
- One drill is to conduct initial target testing this season
North Rackla Regional Anomalies
Cantex recently received the gold-copper-silver-lead-zinc
results for 2,922 soil-talus and 338 rock samples collected during
the 2020 field season in watersheds of anomalous heavy mineral
stream samples within the North Rackla claims. The claims are
located 140km northeast of the town of Mayo and 110km east-northeast of the Victoria
Gold Mine, Yukon.
The soil-talus areas anomalous in silver-lead-zinc and/or gold
and copper are plotted in Figure 1. Many of these anomalous
areas were prospected by geologist Chad
Ulansky who collected grab samples; the most significant
rock sample results are presented in this release.
The Massive Sulphide Main Zone (Figure 1) within the North
Rackla claims was discovered using the same methods (soil-talus
sampling, prospecting, etc). The project was first drilled in
2016 and has successfully intersected high grade silver-lead-zinc
mineralization commonly between 5 and 10 metres true width and
containing 3 ounces per ton silver, and 20% combined lead and
zinc. Drilling has now intersected mineralization over a
strike length of over 2,000 metres and to a depth of 700
metres.
Several of the soil-talus anomalies and their associated rock
sample results are presented in this release. Those samples
which were collected as a part of the 2020 prospecting program are
identified in the result tables.
Anomaly G14
Anomaly G14 (see Figure 1 for location) is an irregular (990 x
75m) anomaly which contains
consistently high silver and copper values. Rock samples from
this anomaly are presented below.
Sample
|
Gold
|
Silver
|
Copper
|
Lead
|
Zinc
|
Year
Collected
|
g/t
|
g/t
|
%
|
%
|
%
|
KAR4691
|
0.06
|
>1500
|
12.15
|
11.25
|
7.41
|
2020
|
KAR4682
|
0.07
|
547
|
1.68
|
0.97
|
0.63
|
2020
|
KAR4683
|
0.03
|
156
|
2.56
|
1.23
|
1.28
|
2020
|
KAR4758
|
0.01
|
77
|
3.25
|
0.17
|
0.34
|
2020
|
KAR4761
|
0.12
|
3,950
|
3.08
|
1.18
|
0.32
|
2020
|
KAR4767
|
0.07
|
6,320
|
4.89
|
2.35
|
0.40
|
2020
|
KAR4768
|
0.05
|
3,970
|
3.64
|
1.02
|
0.42
|
2020
|
KAR4776
|
0.02
|
2,960
|
2.70
|
0.89
|
0.34
|
2020
|
KAR4777
|
0.01
|
2,270
|
1.92
|
0.96
|
3.43
|
2020
|
KAR4778
|
0.01
|
3,380
|
2.70
|
0.94
|
1.32
|
2020
|
KAR4779
|
0.02
|
3,450
|
2.98
|
1.29
|
0.31
|
2020
|
KAR4781
|
0.03
|
6,850
|
5.99
|
2.23
|
0.42
|
2020
|
KAR4782
|
0.00
|
1,030
|
0.66
|
6.21
|
8.43
|
2020
|
KAR4783
|
0.01
|
2,080
|
1.64
|
4.38
|
10.70
|
2020
|
KAR4784
|
0.01
|
2,240
|
2.12
|
0.68
|
0.51
|
2020
|
KAR4785
|
0.01
|
3,110
|
2.69
|
1.65
|
2.31
|
2020
|
Anomaly G66
In 2020, copper-rich mineralization was discovered during
prospecting. Rock samples were collected over 150m of strike length and over a maximum width of
65m. Rock sampling was not
possible further along strike to the south due to a landslide
covering the area. Samples from the area are presented
below.
Sample
|
Gold
|
Silver
|
Copper
|
Lead
|
Zinc
|
Year
Collected
|
g/t
|
g/t
|
%
|
%
|
%
|
KAR4807
|
0.00
|
32
|
10.85
|
0.00
|
0.01
|
2020
|
KAR4810
|
0.01
|
48
|
20.80
|
0.00
|
0.01
|
2020
|
KAR4813
|
0.00
|
54
|
16.85
|
0.00
|
0.01
|
2020
|
KAR4815
|
0.00
|
11
|
6.20
|
0.02
|
0.07
|
2020
|
KAR4816
|
0.00
|
57
|
14.15
|
0.00
|
0.01
|
2020
|
KAR4817
|
0.01
|
41
|
15.70
|
0.00
|
0.01
|
2020
|
KAR4818
|
0.00
|
60
|
21.70
|
0.00
|
0.01
|
2020
|
KAR4819
|
0.00
|
30
|
6.50
|
0.01
|
0.01
|
2020
|
KAR4824
|
0.00
|
12
|
1.32
|
0.41
|
8.44
|
2020
|
KAR4826
|
<0.001
|
10
|
3.66
|
0.03
|
0.03
|
2020
|
KAR4827
|
<0.001
|
14
|
4.25
|
0.07
|
0.04
|
2020
|
KAR4831
|
0.00
|
17
|
3.43
|
0.00
|
0.02
|
2020
|
Anomaly G67
Anomaly G67 consists of a gold-arsenic-copper-lead-zinc
soil-talus anomaly approximately 950 metres long and of irregular
width of between 40 and 550m
(averaging about 200m) underlain by
Proterozoic dolostones. The table below illustrates that rock
samples have yielded 3.13, 5.62 and 39.6 g/t gold with copper
values of up to 31.8%.
Sample
|
Gold
|
Silver
|
Copper
|
Lead
|
Zinc
|
Year
Collected
|
g/t
|
g/t
|
%
|
%
|
%
|
KAR0472
|
<0.001
|
179
|
0.01
|
3.20
|
11.60
|
2015
|
KAR3230
|
39.60
|
16
|
0.02
|
0.04
|
0.06
|
2016
|
KAR3236
|
0.03
|
65
|
31.80
|
0.05
|
0.09
|
2016
|
KAR3240
|
0.01
|
97
|
0.03
|
1.11
|
26.80
|
2016
|
KAR3242
|
0.01
|
80
|
30.20
|
0.01
|
0.11
|
2016
|
KAR3249
|
1.36
|
1
|
0.02
|
0.01
|
0.01
|
2016
|
KA R3253
|
3.13
|
6
|
0.08
|
0.01
|
0.07
|
2016
|
KAR3255
|
5.62
|
4
|
0.01
|
0.01
|
0.03
|
2016
|
KAR4658
|
0.02
|
267
|
0.04
|
5.77
|
36.13
|
2020
|
Anomaly G38
This northeast and northwest oriented soil-talus anomaly
(possibly controlled by conjugate faults) is 250m long and varies in width from 20 to
150m. Rock samples collected
from the anomaly are presented in the table below. The most
significant of these results include gold values up to 57.70g/t,
silver up to 9,810g/t, copper to 12.4% and lead up to 39.22%.
This gold anomaly is bounded in the southeast by a 100m by 300m
silver-lead-zinc soil-talus anomaly.
Sample
|
Gold
|
Silver
|
Copper
|
Lead
|
Zinc
|
Year
Collected
|
g/t
|
g/t
|
%
|
%
|
%
|
KAR0415
|
1.19
|
121
|
0.02
|
0.18
|
0.17
|
2015
|
KAR0416
|
0.38
|
101
|
0.01
|
0.08
|
0.15
|
2015
|
KAR3205
|
2.84
|
153
|
0.03
|
0.51
|
0.21
|
2016
|
KAR3206
|
3.16
|
138
|
0.04
|
1.63
|
0.21
|
2016
|
KAR3208
|
0.08
|
9,810
|
12.4
|
14.35
|
1.53
|
2016
|
KAR4639
|
0.02
|
1,865
|
4.38
|
39.22
|
0.50
|
2020
|
KAR4647
|
57.70
|
2,620
|
0.82
|
0.42
|
0.05
|
2020
|
KAR4787
|
>10.0
|
>1,500
|
0.56
|
0.42
|
0.06
|
2020
|
KAR4793
|
1.35
|
262
|
0.05
|
7.68
|
0.07
|
2020
|
KAR4797
|
2.46
|
317
|
0.05
|
11.35
|
0.07
|
2020
|
KAR4799
|
11.75
|
84
|
0.03
|
0.14
|
0.03
|
2020
|
Anomaly G11
An irregular soil-talus anomaly 400m long and up to 175m wide is anomalous in silver and zinc.
Rock samples collected from the anomaly are presented below.
Sample
|
Gold
|
Silver
|
Copper
|
Lead
|
Zinc
|
Year
Collected
|
g/t
|
g/t
|
%
|
%
|
%
|
KAR0418
|
0.22
|
3
|
0.00
|
0.01
|
0.03
|
2015
|
KAR3217
|
0.17
|
3
|
0.00
|
0.01
|
0.03
|
2016
|
KAR3218
|
0.29
|
3
|
0.00
|
0.01
|
0.11
|
2016
|
KAR3220
|
0.16
|
3
|
0.00
|
0.01
|
0.04
|
2016
|
KAR3226
|
0.03
|
101
|
0.01
|
0.05
|
17.35
|
2016
|
KAR4695
|
0.08
|
50
|
0.04
|
0.31
|
16.65
|
2020
|
KAR4697
|
0.01
|
1,085
|
0.06
|
0.17
|
42.37
|
2020
|
KAR4699
|
0.88
|
80
|
0.07
|
0.39
|
13.50
|
2020
|
KAST23293RX
|
0.01
|
327
|
0.10
|
0.20
|
41.43
|
2015
|
Anomaly B17
A soil-talus anomaly measuring 200 to 600m wide and 600+m long (open along length)
contains elevated silver-lead-zinc values. Results from three
anomalous rock samples collected in 2020 are presented in the
following table:
Sample
|
Gold
|
Silver
|
Copper
|
Lead
|
Zinc
|
Year
Collected
|
g/t
|
g/t
|
%
|
%
|
%
|
KAR4573
|
0.01
|
121
|
0.10
|
12.20
|
5.35
|
2020
|
KAR4575
|
0.05
|
150
|
1.53
|
0.23
|
7.81
|
2020
|
KAR4580
|
0.00
|
12
|
0.12
|
0.17
|
8.50
|
2020
|
Anomaly G04
This soil-talus anomaly measures 900m long with a width varying between 75 and
250m. It is parallel to the
Massive Sulphide Main Zone (see Figure 1) and is located 1km to the
northwest. Five rock samples collected from the anomaly are
presented in the table below. These results are similar to
those from the Massive Sulphide Main Zone.
Sample
|
Gold
|
Silver
|
Copper
|
Lead
|
Zinc
|
Year
Collected
|
g/t
|
g/t
|
%
|
%
|
%
|
KAR3520
|
0.02
|
318
|
0.54
|
0.61
|
4.27
|
2018
|
KAR4601
|
0.03
|
81
|
0.02
|
4.25
|
2.31
|
2020
|
KAR4608
|
0.03
|
111
|
0.49
|
14.90
|
3.91
|
2020
|
KAR4609
|
0.01
|
210
|
0.10
|
57.89
|
7.97
|
2020
|
KAR4610
|
0.04
|
92
|
0.79
|
2.24
|
1.48
|
2020
|
Anomaly B28
All of the rock sample results are now available for Anomaly
B28. This anomaly contains the GZ Zone, which was discovered
in 2020 and initial drilling has confirmed the presence of
high-grade mineralization. The soil-talus anomaly over the GZ
Zone covers a 235 x 300m area.
Both the soil-talus anomaly and rock sampling are prevented further
to the south due to an outwash plain masking any potential further
strike extent. Rock samples collected from the anomaly are
presented in the table below, and contain exceptional lead and zinc
values.
Sample
|
Gold
|
Silver
|
Copper
|
Lead
|
Zinc
|
Year
Collected
|
g/t
|
g/t
|
%
|
%
|
%
|
KAR4616
|
<0.001
|
2
|
0.01
|
0.02
|
11.35
|
2020
|
KAR4732
|
0.00
|
97
|
0.12
|
2.23
|
43.14
|
2020
|
KAR4733
|
<0.001
|
271
|
0.06
|
6.21
|
40.98
|
2020
|
KAR4734
|
<0.001
|
231
|
0.06
|
19.20
|
37.80
|
2020
|
KAR4735
|
<0.001
|
514
|
0.05
|
80.37
|
2.87
|
2020
|
KAR4736
|
<0.001
|
187
|
0.02
|
4.11
|
16.95
|
2020
|
KAR4737
|
<0.001
|
388
|
0.05
|
1.47
|
51.97
|
2020
|
KAR4838
|
0.00
|
241
|
0.00
|
81.77
|
1.11
|
2020
|
KAR4839
|
0.01
|
164
|
0.05
|
12.20
|
21.40
|
2020
|
KAR4840
|
0.00
|
175
|
0.09
|
6.28
|
39.17
|
2020
|
KAR4841
|
<0.001
|
222
|
0.02
|
7.78
|
25.10
|
2020
|
KAR4842
|
<0.001
|
85
|
0.01
|
9.81
|
13.35
|
2020
|
KAR4843
|
<0.001
|
3
|
0.00
|
0.09
|
10.80
|
2020
|
KAR4844
|
<0.001
|
2
|
0.00
|
0.23
|
11.50
|
2020
|
KAR4845
|
0.00
|
162
|
0.02
|
12.10
|
13.60
|
2020
|
KAR4846
|
<0.001
|
131
|
0.03
|
0.11
|
20.40
|
2020
|
KAR4847
|
<0.001
|
13
|
0.01
|
0.81
|
11.55
|
2020
|
KAR4848
|
0.00
|
350
|
0.06
|
6.16
|
44.00
|
2020
|
KAR4849
|
0.00
|
122
|
0.10
|
9.30
|
36.52
|
2020
|
KAR4852
|
0.01
|
158
|
0.06
|
0.20
|
43.86
|
2020
|
KAR4853
|
0.00
|
45
|
0.04
|
4.77
|
16.35
|
2020
|
KAR4854
|
0.00
|
2
|
0.00
|
0.07
|
11.75
|
2020
|
KAR4855
|
0.00
|
187
|
0.12
|
3.77
|
43.65
|
2020
|
KAR4856
|
0.00
|
395
|
0.07
|
27.48
|
33.14
|
2020
|
KAR4857
|
0.00
|
359
|
0.06
|
63.65
|
11.60
|
2020
|
KAR4858
|
0.00
|
45
|
0.02
|
3.87
|
13.00
|
2020
|
KAR4861
|
<0.001
|
261
|
0.06
|
10.10
|
42.30
|
2020
|
KAR4870
|
<0.001
|
92
|
0.02
|
1.47
|
12.45
|
2020
|
KAR4871
|
0.00
|
98
|
0.03
|
2.17
|
16.20
|
2020
|
KAR4872
|
0.01
|
215
|
0.10
|
19.55
|
24.80
|
2020
|
KAR4873
|
0.01
|
198
|
0.01
|
74.55
|
4.94
|
2020
|
Anomaly B81
A soil-talus anomaly measuring 370 x 330m extends from the Discovery Sector through to
the mineralization intersected at the end of last season from pad
MZ51. Between the Discovery Sector and Pad MZ51 is
200m of strike length which has not
yet been drill tested. One of the priorities for this drill
season is testing the remainder of this anomalous area from pad
MZ51 back towards the Discovery Sector. Rock
samples collected from this untested strike extent are presented in
the following table.
Sample
|
Gold
|
Silver
|
Copper
|
Lead
|
Zinc
|
Year
Collected
|
g/t
|
g/t
|
%
|
%
|
%
|
KAR0250
|
0.00
|
22
|
0.01
|
5.17
|
1.84
|
2013
|
KAR0267
|
0.00
|
70
|
0.01
|
>20
|
6.22
|
2013
|
KAR3160
|
<0.001
|
271
|
0.13
|
49.91
|
16.90
|
2016
|
KAR3161
|
<0.001
|
335
|
0.10
|
49.94
|
17.40
|
2016
|
KAR3164
|
0.00
|
245
|
0.02
|
15.55
|
36.44
|
2016
|
KAR3165
|
0.00
|
132
|
0.02
|
17.85
|
12.10
|
2016
|
KAST23247RX
|
0.00
|
263
|
11.95
|
0.39
|
0.80
|
2016
|
Conclusion
The Cantex board is impressed with the potential of its 100%
owned North Rackla property.
Of particular note, 16 recently collected samples from the large
(75 by 990m) G14 anomaly average
3.42% copper and at least 2,743g/t silver. Twelve rock
samples from the recently discovered G66 anomaly average greater
than 10.45% copper with 32 g/t silver. Eleven rock samples
from the G38 anomaly average greater than 8.3 g/t gold and 1,550
g/t silver. Thirty-one rocks collected in the vicinity of the
GZ Zone average 175 g/t silver, 15.2% lead and 23.5% zinc.
The area at B81 contains seven rock samples in an area not yet
drilled, adjacent to our present drilling on pad MZ51 that average
191 g/t silver, at least 22.69% lead and 13.1% zinc. The
directors consider these results to be spectacular.
Mapping of the anomalies will be completed by structural
geologist Chris Buchanan. It
is the Company's intention to have one of the three drills on site
testing these new discoveries this season.
Sample Preparation, QA and QC
The rock and soil-talus samples are sent to C.F. Mineral
Research Ltd., a laboratory owned by Dr. Charles Fipke, where they are pulverized and
prepared for analysis including the insertion of
standards.
ALS Chemex in Vancouver
analyzed the samples using a four-acid digestion with an ICP-MS
finish. The 48 element ME-MS61 technique was used to provide
a geochemical signature of the mineralization. Where lead,
zinc or copper values exceeded one percent the Pb-OG62, Zn-OG62 or
Cu-OG62 techniques were used. These have upper limits of 20%
lead, 30% zinc and 50% copper, respectively. Samples with
lead and zinc values over these limits were then analyzed by
titration methods Pb-VOL70 and Zn-VOL50. Where silver samples
exceeded 100 g/t the Ag-OG62 technique was used which has an upper
limit of 1,500 g/t.
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.