1. Home
  2. News
  3. Cantex Mine Development Corp.
  4. Cantex announces progress on Yemen projects
Cantex Mine Development Corp. news

Investor announcements, newest first.

Close
Company news
Cantex Mine Development Corp.
Apr 21, 2009 at 4:08 PM UTC
Original
ELI5

Cantex announces progress on Yemen projects

KELOWNA, BC, April 21 /CNW/ - Cantex Mine Development Corp. (CD : TSX-V) ("Cantex", the "Company") is pleased to announce the progress on its Suwar nickel - copper - cobalt project and Al Hariqah gold project.

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 Companhia Vale do Rio Doce ("Vale").

The work underway focuses on a 2 kilometer by 4 kilometer area which includes all of the previously drill tested nickel - copper - cobalt mineralization.

A 32 line kilometer ground magnetic survey is now complete which expands the previous ground magnetic survey to cover the southern extents of the Suwar mineralization. A 15 line kilometer ground gravity survey has been conducted covering the main mineralization found to date near Suwar Hill. Data from these surveys is to be interpreted by Vale geophysicists to assist in defining drill targets.

An induced polarization survey is shortly expected to commence to extend the previous coverage. The IP survey is to cover a 2 kilometer by 3.4 kilometer area.

Soil sampling has now been completed over the entire 4.2km focus area. Approximately 2000 soil samples have been collected and shipped to Canada by air cargo for processing and analysis.

A satellite image has been commissioned covering the Suwar - Wadi Qutabah region. The image has been collected and the required georeference points are now being accurately located in the field to allow processing of the raw image to produce the final products.

A 5,000m drill contract has been signed with Logan Drilling Limited from Stewiacke, Nova Scotia. A Duralite 1000N drill, capable of drilling 1,000 meter NQ holes, is now en route to Yemen. To facilitate the drill program existing roads in the area are being improved and new roads are under construction.

Cantex and Vale are both pleased with the progress on the project to date.

Al Hariqah Gold Project
-----------------------

A 77 hole drill program is underway at Al Hariqah using the Company's two drills. Since the last update on January 28th, 2009 an additional 14 holes have either been completed or are in progress, bringing the total of the current program to 34 holes. In total 111 holes have now been drilled at Al Hariqah.

1,148 samples from the first twenty holes are shortly expected to arrive in Canada to be processed.

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.

%SEDAR: 00010333E