Cantex Mine Development Corp.

Cantex Mine Development Corp. wishes to announce that it has closed the first tranche of its previously announced private placement (see news release of July 9, 2014) issuing 15,000,000 flow-through shares at $0.05 per share for proceeds of $750,000. The shares are subject to a 4 month hold period expiring December 15, 2014. Proceeds are to be used to complete the exploration program currently underway on two of its claim [...]

KELOWNA, BC, July 21, 2014 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to report that field work has commenced at its 100% owned Yukon gold project.  Cantex has commenced a field program on the 13.5km by 14.5km North Rackla gold claim block in the Yukon designed to locate Carlin-style gold mineralization detected by the heavy mineral sampling and detailed soil-talus sampling [...]

KELOWNA, BC, July 9, 2014 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) (the "Company") wishes to announce that it intends to proceed with a private placement of its securities so as to raise up to $1,750,000 (the "Offering").  The Offering is comprised of flow-through shares at a price of $0.05 per share. The Company may pay a finder's fee in connection with the Offering in accordance with the policies of the TSX [...]

KELOWNA, BC, June 9, 2014 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to report that results for the nearly 18,000 soil-talus samples collected last year from the North Rackla and Mt Good claim blocks are now complete.  These results have outlined numerous high priority anomalies which warrant follow up.  In particular two areas on the North Rackla claim block are now ready for [...]

KELOWNA, BC, March 11, 2014 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce the results from a further seven drill holes which demonstrate the potential for extension of gold mineralization to the south of the previously drilled northern 1km section. Rock chip sampling 400m north of the previous drilling has also extended the known gold mineralization. The work on the [...]

KELOWNA, BC, Feb. 7, 2014 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce that WCP Resources Ltd ("WCP") has exercised its option to farm-in to the Al Hariqah Gold Project, a prospective and potentially large scale gold project located in the Republic of Yemen. Introduction The Al Hariqah Gold Project (Project) is a near-surface gold deposit located 130km northwest [...]

KELOWNA, BC, Jan. 23, 2014 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce the results from a further four drill holes targeting extensions to the known gold mineralisation and infill drilling at the Al Hariqah Gold Project, a prospective and potentially large scale gold project located in the Republic of Yemen. The work on the project is now being lead by WCP [...]

KELOWNA, BC, Dec. 11, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to report the discovery of base metal mineralization at its North Rackla project in the Yukon. To date 127 rock samples collected during the summer field program have been analyzed. Of these, twenty were collected by geologist Chad Ulansky from a newly discovered gossan zone which sub-outcrops for a [...]

KELOWNA, BC, Nov. 8, 2013 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to report the geochem results for 143 soil-talus samples that were recently collected on lines parallel to the original sample line of highly anomalous gold-arsenic-antimony. These anomalous results from the Company's North Rackla claim block were reported in the news release dated October 3, 2013. Analyses [...]

KELOWNA, BC, Oct. 15, 2013 /CNW/ - Cantex Mine Development Corp. (TSXV : CD) ("Cantex" or the "Company") is pleased to announce the results from 11 drill holes targeting extensions to the known gold mineralisation and infill drilling at the Al Hariqah Gold Project, a prospective and potentially large scale gold project located in the Republic of Yemen. The work on the project is now being lead by WCP Resources Ltd [...]