Business

Cantex announces progress on Suwar project

KELOWNA, BC, June 2 /CNW/ - Cantex Mine Development Corp. (CD: TSX-V) ("Cantex") is pleased to an...

articleCantex Mine Development Corp.June 2, 20095/company/cantex-mine-development-corp/news/cantex-announces-progress-on-suwar-project
Cantex announces progress on Suwar project

About this update from Cantex Mine Development Corp.

[{"type":"text","content":"\n\n\n\nKELOWNA, BC, June 2 /CNW/ - Cantex Mine Development Corp. (CD: TSX-V)\n("Cantex") is pleased to announce the progress on its Suwar nickel - copper -\ncobalt project.\n\n\nWork is progressing well at the Suwar project which is optioned to Vale\nInternational S.A, a wholly owned subsidiary of Vale S.A., formerly Companhia\nVale do Rio Doce ("Vale").\n\n\nApproximately 2,000 soil samples have been processed and submitted to ALS\nChemex in Vancouver for analysis.\n\n\nThe ground Induced Polarization (IP) survey is now well underway. The\nresults of the IP survey, in conjunction with the completed gravity, magnetic\nand soil geochemical surveys along with geological mapping are being used to\ndefine drill targets.\n\n\nThe Duralite 1000N core drill from Logan Drilling has now arrived in\nYemen and is being cleared through customs. In addition one of Cantex's core\ndrills will soon be mobilized to the Suwar project to assist with the drill\nprogram.\n\n\nCantex and Vale are both pleased with the progress on the project to date\nand look forward to commencing the drill program. The drill program will be\noverseen by three of Vale's geologists who are specialists in nickel deposits.\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":1695,"tagName":"div"}]

More updates from Cantex Mine Development Corp.