Business
Cantex Update
KELOWNA, BC, Sept. 5, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" ...

About this update from Cantex Mine Development Corp.
[{"type":"text","content":"\n\n\nKELOWNA, BC, Sept. 5, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) (\"Cantex\" or the \"Company\") is pleased to provide an update\n on its exploration program in the Yukon.\n\n\nYukon Gold Program\n\n\nCantex has now completed its summer exploration program on its Yukon\n claim blocks.\n\n\nNorth Rackla Claim Block\n\n\nHeavy mineral sampling of the 12,810 hectare North Rackla claim block\n completed in 2011 and 2012 identified substantial portions of the block\n to be highly anomalous in key pathfinder elements for Carlin-style\n mineralization.  To identify drill targets within the strongly\n anomalous watersheds a detailed ground geochemical survey was\n undertaken.  A total of 11,007 composite soil talus samples were\n collected.\n\n\nUpon receipt of the samples at CF Mineral Research Ltd in Kelowna, BC\n the samples are dried and then crushed.  A representative split of\n approximately 800 grams is then pulverized and from this pulverized\n material a vial is sent for assay with Activation Laboratories.  To\n date a total of 2,305 samples have been prepared at CF Minerals and\n sent to Activation Laboratories for assay.\n\n\nContemporaneously with the above work a prospecting program was\n undertaken.  This work discovered numerous mineralized occurrences from\n which grab samples were collected for assay.  Approximately 200 rock\n samples were collected from the North Rackla block and most of these\n have already been prepared at CF Minerals and sent to Activation\n Laboratories for assay.\n\n\nResults of a detailed heavy mineral sampling program around the North\n Rackla block last summer indicated that there was potential\n Carlin-style mineralization adjacent to and south of the claim block. \n Cantex has staked an additional 1,275 hectares of claims covering this\n anomalous area.  This increases the size of the North Rackla block to\n over 14,000 hectares.\n\n\nBonnet Plume, Mt Williams, North Stewart, Rogue River and Hess River\n Claim Blocks\n\n\nEach of these claim blocks were visited as a part of this summer's\n program.  At each claim block a limited prospecting program was\n undertaken along with detailed follow-up heavy mineral sampling where\n needed.  Rock samples collected as a part of this work have been\n prepared by CF Minerals and submitt...