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CANTEX RECEIVES EXCELLENT FIRST BULK GERMANIUM RESULTS FROM MAIN AND GZ ZONES AT ITS 100% OWNED NORTH RACKLA PROJECT, YUKON

In This Article:

KELOWNA, BC, March 14, 2024 /CNW/ - Cantex Mine Development Corp. (TSXV: CD) (OTCQB: CTXDF) (the "Company") is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon.

Cantex Mine Development Corp. logo (CNW Group/Cantex Mine Development Corp.)
Cantex Mine Development Corp. logo (CNW Group/Cantex Mine Development Corp.)

Dr. Charles Fipke reports

Bulk Germanium Results

Cantex's directors are pleased to now have a method that can reliably be used to determine the bulk concentration of germanium within drill core. Determining the bulk concentration of germanium within drill core has the advantage of providing an average germanium content of the sphalerite and other minerals in the sample, as well as being more cost effective and possible to complete in a more timely fashion.

Main and GZ Zone Results

Cantex has undertaken an evaluation of thirty samples from the Main and GZ Zones in order to identify a technique suitable for bulk analysis of germanium.

These samples were selected to represent the full spectrum of grades seen on the project to best assess the techniques. Five different analytical techniques were evaluated. Of the five methods evaluated three techniques produced results with tight precision.

Table 1 presents the newly received germanium results from these three techniques. It also contains the corresponding silver-lead-zinc grades from these samples.

The results show that, as expected, there is strong correlation between germanium content and zinc grade. This correlation was expected as it is the zinc sulphide mineral (sphalerite) that contains the germanium. Analyses of sphalerite grains from 97 intercepts within the Main Zone average 654 grams per tonne. Sphalerite grains from 14 intercepts within the GZ Zone average 521 grams per tonne. Thus, higher grade zinc mineralization is expected to have substantial germanium content.

It is important to note that even the higher germanium values will be further upgraded prior to being sent to a smelter. The mineralization contains other minerals beyond sphalerite and galena which will dilute the germanium content. Many of these gangue minerals would be removed from the mineralization prior to it being sent to a smelter, increasing the germanium, silver, lead and zinc content.

Table 1. Germanium results from the Main and GZ Zones

Pad

Hole

Depth

ALS 

ALS

ActLabs

ALS

From

To

Brisbane

N. Van.

Ancaster

N. Vancouver

(m)

(m)

Ge (ppm)

Ge (ppm)

Ge (ppm)

Ag (g/t)

Pb (%)

Zn (%)

GZ02D

YKDD21-209

36.45

37.15

494

549

513

363

11.20

42.59

GZ03E

YKDD21-214

111.90

112.85

101

100

105

13

2.62

16.40

MZ03

YKDD19-047

120.50

121.50

30

31

29

34

2.09

4.59

MZ05

YKDD19-042

41.10

42.10

6

7

7

45

13.05

1.00

YKDD19-043

72.20

73.30

27

30

27

214

44.82

3.38

MZ06

YKDD18-012

102.87

103.87

243

258

247

281

18.45

37.97

YKDD18-013

121.45

122.45

33

32

33

190

5.79

3.27

YKDD18-013

124.25

125.15

310

327

312

341

16.65

42.70

YKDD18-014

191.40

192.40

109

107

111

653

32.92

10.40

YKDD18-014

198.40

199.40

17

18

17

27

3.08

3.14

YKDD18-014

201.40

202.40

92

99

95

106

4.08

15.45

YKDD18-015

130.28

131.28

28

31

30

37

5.35

6.64

MZ30

YKDD21-187

163.90

164.60

125

148

124

263

41.37

16.65

MZ33

YKDD19-146

233.55

234.10

350

366

350

49

1.93

43.32

YKDD19-155

357.60

358.20

21

23

20

78

0.94

3.76

MZ36

YKDD21-190

182.00

183.00

45

45

44

18

4.02

5.05

YKDD21-194

324.45

325.00

3

3

2

4

1.11

0.30

MZ50A

YKDD21-191

224.75

225.25

28

26

28

4

0.49

4.00

YKDD21-192

211.80

212.30

148

158

147

134

26.28

16.20

YKDD21-192

215.80

216.40

21

21

20

6

0.82

3.82

YKDD21-192

251.70

252.40

79

83

80

90

2.16

11.65

MZ51

YKDD20-178

77.70

78.20

27

29

23

94

18.90

5.44

YKDD21-183

85.00

85.50

16

18

15

10

0.96

3.32

YKDD21-186

96.50

97.00

8

9

8

4

2.28

1.55

YKDD21-189

108.85

109.35

88

92

87

35

2.90

17.15

YKDD21-189

123.50

124.15

123

128

128

32

1.84

15.55

MZ51A

YKDD21-195

155.00

155.50

15

15

14

13

0.95

2.33

YKDD21-200

222.50

223.05

13

11

12

3

0.37

1.72

MZ52

YKDD22-245

59.00

59.50

11

10

10

6

1.45

1.26

MZ54A

YKDD22-254

179.00

179.50

55

61

54

56

16.05

9.16

Summary

Cantex's directors are pleased to have a reliable, cost effective and timely method to establish the bulk concentration of germanium within drill core. The Company intends to continue analyzing its upcoming drill core for germanium using this bulk technique.