By A.J. Roan
Mining News
Cantex reports first assays from Main Zone
Intercepts significant mineralization at North Rackla property North of 60 Mining News – September 30, 2022
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Last updated 9/29/2022 at 2:20pm
Cantex Mine Development Corp.
Workers prep a drill pad at Cantex' North Rackla project.
Cantex Mine Development Corp. Sept. 26 announced an update on its drilling program at the company's Main Zone of the North Rackla claim block in Yukon, Canada.
Staked for its Carlin-style gold potential in 2012, ensuing work at North Rackla has discovered the 2,500-meter-long Massive Sulfide trend enriched with zinc, lead, manganese, copper, and silver.
From the extensive ongoing program, the first results from its 2022 drill program have begun to roll in. Highlights from the first three holes include:
• Eight meters averaging 19.63 grams per metric ton silver, 0.93% lead, 3.04% zinc, 0.05% copper, and 1.68% manganese, including an interval of 2.1 meters averaging 71.94 g/t silver, 11.78% lead, 15.79% zinc, 0.05% copper, and 1.46% manganese in hole YKDD22-243.
• Nine meters averaging 24.71 g/t silver, 3.13% lead, 6.56% zinc, 0.09% copper, and 1.76% manganese, including an interval of 1.05 meters averaging 64.4 g/t silver, 13.45% lead, 10.65% zinc, 0.06% copper, and 1.55% manganese in hole YKDD22-244.
• Seven meters averaging 37.53 g/t silver, 5.11% lead, 7.02% zinc, 0.14% copper and 3.52% manganese, including an interval of two meters averaging 40.3 g/t silver, 6.29% lead, 5.2% zinc, 0.02% copper, and 3.59% manganese in hole YKDD22-245.
So far, all the holes intersected mineralization 50 meters beyond the drilling completed in 2021, bringing the strike length to 2,150 meters.
Cantex Mine Development Corp.
Additional drilling is also underway further to the northeast, from which results are still pending, extending the mineralization a further 150 meters for a total strike length of 2,300 meters.
Aside from the Main Zone, results have also been received from eight holes drilled at the GZ Zone. These holes were drilled in covered areas to help define controlling structures and did not intersect significant mineralization.
To date, Cantex has completed 54 holes on North Rackla so far during the 2022 seasons, with results from 36 of these holes pending.
The North Rackla drill team is on a two-week break mandated by the Yukon Workers' Safety and Compensation Board and will be back to resume drilling on Oct. 7.
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