Cantex updates drill results from North Rackla property in Yukon

Cantex Mine Development (TSXV: CD; OTCQB: CTXDF) has provided an update on its 100%-owned 14,077 hectare North Rackla claim block in the Yukon. The company has identified highly elevated germanium contents within the zinc mineralization found at its massive sulphide project in North Rackla. While the four deposits which comprise the Red Dog mine average between 104 and 249 g/t germanium, zinc mineralization from Cantex's main zone and adjacent GZ zone average 640 g/t and 690 g/t germanium respectively.

At the main zone, 140 analyses from 36 intersections along 2,200 metres of strike length have been completed. Twenty analyses from five intersections have been completed at the GZ zone. The most recently received germanium results are up to 694 g/t from the main zone and up to 789 g/t from the GZ zone.

Cantex also reported the final results from 18 holes from the 2022 drill program at the North Rackla project. The most significant results were from the Discovery sector where the strike length was extended to 2,350 metres in 2022. Hole YKDD22-252 contained several mineralized zones, notably a 3.0-metre intercept of 24.78% combined lead-zinc and 59.4 g/t silver which includes a 1.5 metre zone of 45.28% lead-zinc and 105.6 g/t silver.

Cantex's directors say the massive sulphide project contains very high germanium values along the 2,200 metres of strike length tested to date.

For more information, visit www.Cantex.ca.