YUKON – Cantex Mine Development Corp
. of Kelowna, B.C., says both of the two initial holes drilled into the discovery outcrop at its North Rackla claims intersected a massive sulphide zone that has a strike of at least 3 km. The project is located 100 km northeast of Mayo.
[caption id="attachment_1003724196" align="alignleft" width="300"] Drilling at North Rackla may outline a potential new base metal mine. (Image: Cantex Mine Development)
The massive sulphide zone is hosted in clastic marine sediments of Proterozoic age. Cantex is hopeful that the sulphides are similar to those that supported the Sullivan mine in Kimberley, B.C., or the Mount Isa and Broken Hill mines in Australia.
Channel trench samples collected previously across the weathered outcrop analyzed 7.04% lead, 1.85% zinc and 36 g/t silver over an apparent width of 15.7 metres including a 3 metre section analyzing 20.25% lead, 2.39% zinc and 107 g/t silver.
More detail is provided in the North Rackla presentation at www.Cantex.ca.