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Cantex Completes 2019 Drill Program at North Rackla

Cantex Completes 2019 Drill Program at North Rackla Canada NewsWire KELOWNA, BC,...

articleCantex Mine Development Corp.January 6, 20203/company/cantex-mine-development-corp/news/cantex-completes-2019-drill-program-at-north-rackla
Cantex Completes 2019 Drill Program at North Rackla

About this update from Cantex Mine Development Corp.

[{"type":"text","content":"\n\n\n\nCantex Completes 2019 Drill Program at North Rackla\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nKELOWNA, BC, Jan. 6, 2020\n\n\n\nKELOWNA, BC, Jan. 6, 2020 /CNW/ - Cantex Mine Development Corp. (CD: TSXV) (the \"Company\") has released an update on the work program at its Massive Sulphide project within its 100-per-cent-owned 14,077 hectare North Rackla claim block where it has been drilling to define a lead-zinc-silver mineralized system with Broken Hill Type (BHT) affinities.\nCEO Chad Ulansky reports\nHIGHLIGHTS\n38,174 metres of drilling completed in 2019 Massive sulphide mineralization intersected from pads MZ 31, MZ 33 and MZ 34DRILLING UPDATE\nIn 2019, the Company completed 139 holes totalling 38,174 metres of core drilling on the North Rackla project, substantially more than the 18,000 metres proposed at the start of the year.  The 2019 drill program is now complete and drilling is expected to resume when field conditions allow in late spring.\nWith the onset of winter, avalanche hazard limited the area in which it was safe to work.  Drills which were testing the continuity to depth beneath pad MZ 5 of the Extension Target and the strike extent of the mineralization at the Discovery Target were relocated to the flat till covered area between these two Targets.\nThe till in this area is up to 50 metres thick, making targeting difficult as prospecting and soil-talus sampling were ineffective.  In addition, ground geophysical surveys (including gravity, electromagnetics, induced polarization and resistivity) were unable to define known massive sulphide mineralization, preventing their application.  In spite of these challenges Cantex successfully intersected significant sulphide mineralization as described by the onsite geologists.  These holes were drilled from pads MZ 31, MZ 33 and MZ 34 collared between 880 and 1000 metres to the ENE of Pad MZ 6.\nThe locations of these pads relative to pad 6 is shown in Figure 1 below.\n\nCantex is presently in the process of hiring a world class structural geologist an...

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