Cantex announces commencement of drilling on Suwar project

About this update from Cantex Mine Development Corp.

[{"type":"text","content":"\n\n\n\nKELOWNA, BC, June 22 /CNW/ - Cantex Mine Development Corp. (CD : TSXV)\n("Cantex") is pleased to announce the commencement of drill testing by Logan\nDrilling on its Suwar nickel - copper - cobalt project.\n\n\nThe Suwar project is optioned to Vale International S.A ("Vale"), a\nwholly owned subsidiary of Vale S.A., formerly Companhia Vale do Rio Doce.\nVale geologists are currently at Suwar providing technical oversight to the\nproject.\n\n\nInterpretation of the northern portion of the ground induced polarization\n(IP) survey is now complete and has identified two significant anomalies for\ndrill testing. The eastern IP anomaly is modeled to be approximately 800\nmeters long and between 130 and 250 meters wide. The nickel - copper - cobalt\nmassive sulfide mineralization intersected by previous drilling by Cantex on\nSuwar Hill appears to be an extension of the eastern IP anomaly.\n\n\nThe western anomaly is modeled to be 600 meters long and between 150 and\n300 meters wide.\n\n\nThis first NQ (47.6mm diameter) core hole is designed to test the depth\nextent of the mineralization previously discovered at Suwar Hill. It is being\ndrilled at -70 degrees to a depth of up to 1,000 meters. Upon completion of\nthe hole a down hole electro-magnetic (DHEM) geophysical survey will be\nconducted.\n\n\nSubsequent drilling with the large Logan drill rig will test the northern\nportions of the eastern IP anomaly. Cantex's man-portable core rig will\nshortly be mobilized to Suwar to commence testing the less accessible western\nanomaly.\n\n\nThis press release has been prepared by Chad Ulansky, a Qualified Person.\n\n\nSigned,\n\nCharles Fipke\n\nCharles Fipke\nChairman and Geologist\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\nthat term is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\n%SEDAR: 00010333E\n\n\n","length":2047,"tagName":"div"}]

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