Canadian Mining Journal

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GOLD: Early work at North Rackla points toward Carlin style deposit

YUKON – Cantex Mine Development Corp., the Kelowna, BC-based company under the chairmanship of Charles Fipke, says it has discovered Carlin style gold mineralization on its North Rackla claims during early stage exploration work.



YUKON – Cantex Mine Development Corp., the Kelowna, BC-based company under the chairmanship of Charles Fipke, says it has discovered Carlin style gold mineralization on its North Rackla claims during early stage exploration work.

The company has identified eight areas with weakly to strongly anomalous gold, arsenic and antimony; nine areas, with weakly to moderately anomalous gold and arsenic; and 16 areas with anomalous arsenic and antimony.

“Of particular note is a 300 meter section of a line in which all but two of 11 samples collected were intensively anomalous in gold, arsenic and antimony. This area is located in moderately flat terrain, largely covered by moss and underlain by Proterozoic marine shale with apparent silicified argillacous limestone crosscut by geolithic vein quartz with tiny disseminated pyrite and microscopic ovoid silvery-colored (arsenian?) pyrite,” Cantex said in a news release. “The area is about 900 meters upslope from a heavy mineral stream sediment sample that is also strongly anomalous in gold, arsenic, antimony and all key pathfinder elements indicative of a Nevada & Yukon Carlin-style mineralization.”

Cantex plans to send 217 samples that are anomalous in gold, arsenic and antimony for analysis for thallium and all other key pathfinder elements indicative of Carlin style mineralization.

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