Slide 1: High-Grade Germanium-Silver-Lead-Zinc in the Yukon, Canada
HIGH-GRADE GERMANIUM-SILVER–LEAD–ZINC IN THE YUKON, CANADA August 2023 TSXV: CD 1
Slide 2: Disclaimer
DISCLAIMER This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Cantex Mine Development Corp. (“Cantex”), nor shall it or any part of it form the basis of, or be relied on in connection with, or act as any ind
Slide 3: Developing a World-Class Germanium Project in the Yukon
DEVELOPING A WORLD-CLASS GERMANIUM PROJECT IN THE YUKON ▪ High-grade Germanium/Silver/Lead/Zinc project in the Yukon - Amongst the highest-grade discoveries worldwide ▪ 100% ownership of North Rackla – a large land position with room for exploration growth ▪ 60,000m drilled to date: - Drill testing
Slide 4: Directors & Management
DIRECTORS & MANAGEMENT STRONG LEADERSHIP WITH A PROVEN TRACK RECORD Dr. Charles Fipke Vern Frolick LLB Chairman Director With over 40 years of experience in the minerals exploration business Mr. Fipke is credited Mr. Frolick is a graduate of the Windsor School of Law and was called to the Ontario Ba
Slide 5: Rackla Camp
RACKLA CAMP CARWYTEX _ tsxv:cp 5
Slide 6: Location - Land Position - Neighbours
LOCATION - LAND POSITION - NEIGHBOURS ▪ North Rackla claim block is 14,077 hectares in the traditional territory of the Na-Cho Nyak Dun First Nation (NNDFN) ▪ Access is via air strip, helicopter and internal road network which has been constructed to support operations ▪ NNDFN – Are pro-mining and p
Slide 7: North Rackla Massive Sulphide Project
NORTH RACKLA Northern Area MASSIVE SULPHIDE PROJECT • The Massive Sulphide Project, “Main Zone”, stretches over 2km in strike length as defined by drilling • Hosts elevated Ag-Pb-Zn values MASSIVE SULPHIDE • Newly discovered significant Ge content PROJECT Discovery Target • Mineralization is hosted
Slide 8: Size and Grade
SIZE AND GRADE • Drilling has confirmed germanium-silver-lead-zinc mineralization over a strike length of 2.2km and to a depth of 700m • Analyses confirm some of the highest grade germanium- silver-lead-zinc values in North America • Shows similarities to the largest massive sulphide deposits global
Slide 9: Massive Sulphide Project Compares to High-Grade Deposits Globally
MASSIVE SULPHIDE PROJECT COMPARES TO HIGH-GRADE DEPOSITS GLOBALLY Broken Hill Red Dog MASSIVE SULPHIDE Drilling to expand tonnage Mt Isa Sullivan TSXV: CD 9
Slide 10: Massive Sulphide Project
MASSIVE SULPHIDE PROJECT SIMPLIFIED GEOLOGY OF MAIN ZONE 2018 Drilling results illustrated: ▪ High-grade Silver-Lead-Zinc averaging over 20% (Pb-Zn) and 100g/t Ag ▪ Significant true widths of over 9m 2019 - 2020 drilling continued to extend the mineralization to depth and along strike Mineralization
Slide 11: Drilling: Main Zone – Extension Sector
DRILLING: MAIN ZONE – EXTENSION SECTOR (PAD 5) – Cross Section & Selected Drilling Results ▪ Results illustrate scale along with elevated grades ▪ Mineralization continues to be intersected over significant widths with extremely high grades ▪ 3.1km of strike length leaves room to build tonnage True
Slide 12: Drilling: Main Zone – Central Sector
DRILLING: MAIN ZONE – CENTRAL SECTOR (PAD 34) – Cross Section & Selected Drilling Results ▪ Results illustrate depth extent of mineralization ▪ Intercept at 700m depth ▪ True width of 23.67m demonstrates significant depth potential True Length Silver Lead Zinc Copper Manganese Hole Width (m) (g/t) (
Slide 13: 2022 Discovery Sector Cross Sections
2022 DISCOVERY SECTOR CROSS SECTIONS TSXV: CD 13
Slide 14: Significant Strike Length and Depth Extent
SIGNIFICANT STRIKE LENGTH AND DEPTH EXTENT Main Zone ▪ Drilling has defined high grade mineralization over 2.3 km of strike length ▪ Drilling has now intersected mineralization as deep as 700 metres below surface - A 23.67 true width contained 8.15% lead-zinc - Within this large intercept was a 4.62
Slide 15: GZ Zone
GZ ZONE DRILLING INTERSECTS HIGH GRADE MINERALIZATION IN NEW ZONE 500M FROM MAIN ZONE ▪ YKDD21-209 intersected: - 16.05m of 19.3% zinc, 4.7% lead and 101g/t silver; including 3.7m of 336 g/t silver, 47.5% zinc and 12.5% lead; - 9.10m of 12.8% zinc, 5.0% lead and 53g/t silver TSXV: CD 15 1515
Slide 16: Drilling: Main Zone – Extension Target
DRILLING: MAIN ZONE – EXTENSION TARGET (PAD 6) Cross Section A-A’ & Selected Drilling Results ▪ 2018 drilling returned elevated Silver, Lead and Zinc grades over substantial widths True Length Silver Lead Zinc Copper Manganese Hole Width (m) (g/t) (%) (%) (%) (%) (m) YKDD18-012 13.00 9.19 150.6 8.09
Slide 17: Germanium Results
GERMANIUM RESULTS Potential to Add Significant Value Main Zone ▪ 140 analyses of sphalerite grains from 36 intercepts over 2,200 metres of strike average 640 g/t germanium GZ Zone ▪ 20 analyses from 5 intersections average 690 g/t germanium ▪ Germanium is a high value critical metal - Currently sell
Slide 18: Germanium: A Key Part of our High Tech Future
GERMANIUM A Key Part of our High Tech Future TSXV: CD 18
Slide 19: Germanium: New Western Sources Needed
GERMANIUM New Western Sources Needed ▪ Vast majority of germanium is sourced in China and Russia - China is restricting exports of germanium from August 1, 2023 ▪ Teck is the largest western producer of germanium, from the Red Dog Mine in Alaska - Contains 104 to 249g/t Ge - Processed in Trail, BC ▪
Slide 20: Looking NNE towards
Looking NNE towards 2022 pads testing Discovery Sector TSXV: CD 20
Slide 21: Regional Work
REGIONAL WORK Gold and Base Metal Anomalies ▪ Soil-talus sampling has defined discrete areas anomalous for gold and base metals ▪ Gold in 29 areas ▪ Base metals in 19 areas ▪ Drill testing of 2 regional gold anomalies (G41, G67) ▪ Drill testing of copper anomaly (G66) ▪ Returned up to 7.32% copper.
Slide 22: Yukon North Rackla Project
YUKON NORTH RACKLA PROJECT DISCOVERY 2023 Plans TARGET ▪ Re-analyze samples from along CENTRAL strike length of Main Zone and GZ TARGET Zone to determine germanium EXTENSION content TARGET ▪ Additional drill testing of strike extent in the NE where the copper values are increasing GZ ZONE ▪ Drilling
Slide 23: Share Structure & Working Capital
SHARE STRUCTURE & WORKING CAPITAL TSXV: CD OWNERSHIP Issued and outstanding 90,368,412 Management 34% Warrants outstanding (average strike price $0.44) 26,358,436 Other 39% Options outstanding (average strike price $2.40) 1,519,000 Recent share price $0.20 Market capitalization $18.7M Institutional
Slide 24: S TSXV: CD
CART ECX isxv:cp 2a
Slide 25: Investor Relations
TSXV: CD INVESTOR RELATIONS info@cantex.ca 250 860 8582 cantex.ca 25