Drill Results Indicate Massive Sulphides Persist for at least 2.1km Strike Length on Cantex's 100% Owned North Rackla Project, Yukon - Canada NewsWire

KELOWNA, BC, Nov. 2, 2021 /CNW/ - Cantex Mine Development Corp. (TSXV: CD) (the "Company") has released an update on the work program at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon.

Dr. Charles Fipke reports:

Main Zone Drill Results

Drilling from pad MZ 51 located in the northeastern Discovery Sector of the Main Zone extends the drill-confirmed strike length of the massive sulphide deposit to 2.1km (see Figure 1). Hole YKDD21-186 drilled at a dip of -61 degrees and an azimuth of 143 degrees intersected 4.8m of 6.06% lead, 9.48% zinc and 43.37g/t silver including a 3.4m section containing 7.04% lead, 12.13% zinc and 55.66 g/t silver (see Table 1). Hole 189 was drilled at the same azimuth from the same pad with a dip of -80 degrees intersected 4.38% lead, 6.41% zinc and 26.43 g/t silver over 8.2m true width with a 1.9m section assaying 13.43% lead, 11.29% zinc and 71.29 g/t silver.

Five additional holes have been drilled from pad MZ51A which was stepped back 130m to the northwest of MZ51 to test the depth extent of the massive sulphide mineralization intersected in MZ51. Hole YKDD21-200 drilled at an azimuth of 143 degrees and a -70 degree dip intersected 5.1m of 10.17% lead, 9.43% zinc and 51.5 g/t silver over 5.1m true width including a 3.1m section containing 16.66% lead, 14.97% zinc and 83.59g/t silver. Including the 6.5m intersection of massive sulphides in hole YKDD21-201 (also drilled from pad MZ51A), the holes analysed to date...

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