CANTEX CONTINUES TO INTERSECT MASSIVE SULPHIDES TO DEPTH AT NORTHEAST END OF MAIN ZONE ON ITS 100% OWNED NORTH RACKLA PROJECT, YUKON
KELOWNA, BC, July 21, 2022
KELOWNA, BC, July 21, 2022 /CNW/ – ( ) (the “Company”) is pleased to provide an update on drilling of the Main Zone at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon.
Dr. Charles Fipke reports
Drilling from pad MZ 52A (see Figure 1) demonstrates the massive sulphides intersected while drilling from pad MZ 52 (see release dated July 13, 2022) extend to depth.
Hole YKDD22-241 intersected several zones containing massive to semi-massive sulphide mineralization at the extreme northeastern end of the 2.15km long Main Zone. The most significant of these are from 154.75 to 160.1 metres (5.35m) and 183.5 to 189.95m (6.45m). This last zone is 124 metres vertically below surface.
The Company continues drilling at this northeastern end (Discovery Target) of the Main Zone.
The HQ sized core has been split and is being shipped to CF Minerals in Kelowna for sample preparation prior to being sent to ALS Chemex in Vancouver for analysis.
The technical information and results reported here have been reviewed by Mr. Chad Ulansky P.Geo., a Qualified Person under National Instrument 43-101, who is responsible for the technical content of this release.
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. Information set forth in this news release includes forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks identified in the management discussion and analysis section of the Company’s interim and most recent annual financial statements or other reports and filings with Canadian securities regulators. Forward looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the respective companies undertake no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.
Sarama Resources Extends High-Grade Gold Mineralisation
First Drill Program After ASX Listing Extends High-Grade Gold Mineralisation in Oxide MaterialPERTH, AUSTRALIA / ACCESSWIRE / August 8, 2022 / Sarama Resources…
Imperial Reports Second Quarter 2022 Financial Results
VANCOUVER, British Columbia, Aug. 08, 2022 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for…
UEX Files Updated West Bear Technical Report
Saskatoon, Saskatchewan – TheNewswire – August 8, 2022 – UEX Corporation (TSX:UEX) (OTC:UEXCF) (“UEX” or the “Company”) is pleased to announce…
Searchlight Resources Announces Increase in Critical Metals Flow-Through Private Placement
Barrick Maintains Dividend of $0.20 Per Share for Q2
Centurion Announces Casa Berardi West Gold Project Transaction
Solstice Announces $1.1 Million Flow-Through Share and Unit Financing
Azimut Announces Agreements on the Eleonore South and Wabamisk Joint Ventures
Black Tusk Resources Inc. Geophysical Survey Results PG Highway Project, Quebec
Jaguar Mining Reports Financial Results for the Second Quarter 2022
Cordoba Minerals Intersects Multiple High-Grade Gold-Copper Veins Within the Alacran Deposit at its 100%-Owned San Matias Copper-Gold-Silver Project in Colombia
Endurance Reports Four Additional Drill Holes Targeting Multiple Eagle Feeder Zones Including 8.06 Gpt Gold over 13.5 m, 8.31 Gpt Gold over 11.9 m, & 16.66 Gpt Gold over 4.3 m
Mason Graphite Reports Completion of Black Swan Qualifying Transaction and First Day of Trading
Gold19 hours ago
Up, Up, Down, Down: Which commodities won and lost in July?
Financing News21 hours ago
Pampa Metals Confirms Tertiary Age for Host Rock Porphyry and Native Gold-Sulphide Mineralization in Quartz-Veinlet Stockwork at the Buenavista Target (Block 4 Project)
Energy & Critical Metals19 hours ago
China Is Moving Rapidly Up the Rare Earth Value Chain
Drilling News18 hours ago
Northern Graphite to Acquire Mousseau West Graphite Project
Energy & Critical Metals18 hours ago
Uranium Energy To Now Acquire UEX Corp For Implied Consideration Of $0.49 Per Share, Denison Mines Walks From Discussions
Financing News20 hours ago
Aurania Provides Update on Geological Mapping Program
Financing News10 hours ago
Hudbay Announces Second Quarter 2022 Results
Financing News19 hours ago
Novo Completes Second and Final Tranche of Sale of New Found Gold Shares for C$57.0 Million