Cantex Mine Development Corp. (TSXV: CD | OTCQB: CTXDF) has provided an update on its wholly-owned 14,077ha North Rackla claim block in Yukon territory, Canada.
The company has identified highly elevated germanium contents within the zinc mineralization found at its massive sulphide project in North Rackla.
While the four deposits, which comprise the Red Dog mine, average between 104g/t and 249g/t germanium; zinc mineralization from Cantex’s main zone and adjacent GZ zone average 640g/t and 690g/t germanium respectively.
At the main zone, 140 analyses from 36 intersections along 2,200m of strike length have been completed. 20 analyses from five intersections have been completed. The most recently received germanium results are up to 694g/t from the main zone and up to 789g/t from the GZ zone.
Cantex also reported the final results from 18 holes from the 2022 drill programme at the North Rackla project. The most significant results were from the Discovery sector where the strike length was extended to 2,350m in 2022. Hole YKDD22-252 contained several mineralized zones, notably a 3.0m intercept of 24.78% combined lead-zinc and 59.4g/t Ag which includes a 1.5m zone of 45.28% lead-zinc and 105.6g/t Ag.
During 2022, the company collected 1,238 soil-talus samples and forty rock samples from regional targets within the North Rackla claim block. Fifty-eight soil-talus samples were considered high interest, where sympathetic suites of elements were strongly anomalous, suggesting that there is potential for mineralization of interest nearby.
Samples contained up to 0.42% Cu, 23g/t Ag, 0.56% Zn, and over 1% Pb (upper limit of analytical method). The minimum values for these elements to be considered highly anomalous are 0.02% Cu, 5.25g/t Ag, 0.12% Zn, and 0.35% Pb.
Of the forty rock samples collected thirteen were considered high interest. Results ranged up to 27.3% Cu, 470g/t Ag, 60.72% Pb, and 45.77% Zn.
Cantex’s directors say the massive sulphide project contains very high germanium values along the 2,200m of strike length tested to date.
For further information, please visit: www.cantex.ca
