KELOWNA, BC, June 2 /CNW/ - Cantex Mine Development Corp. (CD: TSX-V) ("Cantex") is pleased to announce the progress on its Suwar nickel - copper - cobalt project.
Work is progressing well at the Suwar project which is optioned to Vale International S.A, a wholly owned subsidiary of Vale S.A., formerly Companhia Vale do Rio Doce ("Vale").
Approximately 2,000 soil samples have been processed and submitted to ALS Chemex in Vancouver for analysis.
The ground Induced Polarization (IP) survey is now well underway. The results of the IP survey, in conjunction with the completed gravity, magnetic and soil geochemical surveys along with geological mapping are being used to define drill targets.
The Duralite 1000N core drill from Logan Drilling has now arrived in Yemen and is being cleared through customs. In addition one of Cantex's core drills will soon be mobilized to the Suwar project to assist with the drill program.
Cantex and Vale are both pleased with the progress on the project to date and look forward to commencing the drill program. The drill program will be overseen by three of Vale's geologists who are specialists in nickel deposits.
This press release has been prepared by Chad Ulansky, a Qualified Person.
Signed, Charles Fipke Charles Fipke Chairman and Geologist Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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