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Cantex Discovers Carlin Style Gold Mineralization on North Rackla Claims, Yukon
KELOWNA, BC , Sept. 25, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cante...
About this update from Cantex Mine Development Corp.
[{"type":"text","content":"\n\n\nKELOWNA, BC, Sept. 25, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) (\"Cantex\" or the \"Company\") is pleased to provide an update\n on its gold exploration program in the Yukon.\n\n\nNorth Rackla Claim Block\n\n\nGold (plus 33 elements including arsenic & antimony) has been analysed\n for 2,301 of 11,007 soil-talus samples collected in 2013 on the North\n Rackla claim group. Eight areas have been identified with weakly to\n strongly anomalous gold, arsenic and antimony; nine areas, with weakly\n to moderately anomalous gold and arsenic; and sixteen areas with\n anomalous arsenic and antimony. Weakly to strongly anomalous gold\n results may require additional lines to be sampled to better define\n targets for drill testing.\n\n\nOf particular note is a 300 meter section of a line in which all but two\n of eleven samples collected along the line were intensively anomalous\n in gold, arsenic and antimony. This area is located in moderately flat\n terrain, largely covered by moss and underlain by Proterozoic marine\n shale with apparant silicified argillacous limestone crosscut by\n geolithic vein quartz with tiny disseminated pyrite and microscopic\n ovoid silvery-colored (arsenian?) pyrite. The area is about 900 meters\n upslope from a heavy mineral stream sediment sample that is also\n strongly anomalous in gold, arsenic, antimony and all key pathfinder\n elements indicative of a Nevada & Yukon Carlin-style mineralization.\n Two hundred and seventeen samples that are anomalous in gold, arsenic\n and antimony have been submitted for analysis for thalium and all other\n key pathfinder elements indicative of Carlin style mineralization.\n\n\nCantex geologists are extremely pleased with the preliminary soil-talus\n geochemical and microscopic results which indicate areas of Carlin\n style gold mineralization has been identified. Core drilling &\n trenching will be required to establish gold grades and true widths.\n\n\nAn additional 1937 soil-talus samples from Cantex's North Rackla claim\n group have been prepared at CF Minerals and sent to Activation\n Labratories for geochemical analysis. Results will be reported as soon\n as received and available for release. \n\n\nThe technical information and results reported here have been reviewed\n by Mr. Chad Ulansky P.Geol., a Qualified Person under Nati...