CANTEX ANNOUNCES RESUMPTION OF DRILLING AND REPORTS OUTSTANDING COPPER AND SILVER RESULTS ON ITS COPPER PROJECT LOCATED 10KM WEST OF ITS SILVER-LEAD-ZINC-GERMANIUM DEPOSIT ON ITS 100% OWNED NORTH RACKLA CLAIMS IN THE YUKON
Original announcement by tmx on
- Company
- Cantex Mine Development Corp.
- Ticker
- CD
- Exchange
- TSX
- Region
- Yukon
- Primary commodity
- Copper
- Secondary commodities
- Silver
- Document categories
- Drill results
- Extracted
- 2026-08-25 02:58:57 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Cantex Mine Development Corp. has reported high-grade copper and silver drill results from its North Rackla project in the Yukon. Notable intercepts include 4.54% Cu over 2.9m in hole YKDD24-287, and the company is resuming drilling following a temporary pause.
Reasoning: The announcement reports high-grade copper intercepts (up to 4.54%) and silver results from a new drill program, which is highly material for an exploration-stage project.
Positive factors
- high copper grades
- significant mineralization encountered
- QA/QC disclosed
Facts used in scoring: 8
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 4.54% Cu is exceptionally high for this project type.
Evidence · table
“4.54”
Context: 2.9
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release details blanks, standards, and duplicates used by ALS Chemex.
Evidence · text
“Silica blanks were inserted along with certified reference samples.”
Extracted facts
Stored fact records: 8. Some facts used in scoring do not have a stored record.
Drill Results (8)
YKDD24-287North Rackla · copperGrade: 4.54Grade Unit: %Intercept: 2.9 mView all detailsHide details
Identity
- Hole ID
- YKDD24-287
- Project
- North Rackla
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- CD
Geometry
- Grade
- 4.54
- Grade Unit
- %
- Intercept
- 2.9 m
- From
- 6 m
- To
- 8.9 m
Classification
- Sample Type
- drill
- Group ID
- YKDD24-287:6.0-8.9
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-19T00:00:00.000Z
Reasoning: 4.54% Cu is an exceptional grade for a copper project.
Positive factors
- exceptional copper grade
Evidence · table
“4.54”
Context: 2.9
YKDD24-287North Rackla · silverGrade: 11.4Grade Unit: g/tIntercept: 2.9 mView all detailsHide details
Identity
- Hole ID
- YKDD24-287
- Project
- North Rackla
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- CD
Geometry
- Grade
- 11.4
- Grade Unit
- g/t
- Intercept
- 2.9 m
- From
- 6 m
- To
- 8.9 m
Classification
- Sample Type
- drill
- Group ID
- YKDD24-287:6.0-8.9
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-19T00:00:00.000Z
Reasoning: Silver grade is present alongside high copper.
Positive factors
- silver mineralization present
Evidence · table
“11.4”
Context: 2.9
YKDD24-288North Rackla · copperGrade: 0.86Grade Unit: %Intercept: 13 mView all detailsHide details
Identity
- Hole ID
- YKDD24-288
- Project
- North Rackla
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- CD
Geometry
- Grade
- 0.86
- Grade Unit
- %
- Intercept
- 13 m
- From
- 14 m
- To
- 27 m
Classification
- Sample Type
- drill
- Group ID
- YKDD24-288:14.0-27.0
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-19T00:00:00.000Z
Reasoning: 0.86% Cu over 13m is a solid intercept for a copper project.
Positive factors
- significant width
Evidence · table
“0.86”
Context: 13.0
YKDD24-288North Rackla · silverGrade: 2.7Grade Unit: g/tIntercept: 13 mView all detailsHide details
Identity
- Hole ID
- YKDD24-288
- Project
- North Rackla
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- CD
Geometry
- Grade
- 2.7
- Grade Unit
- g/t
- Intercept
- 13 m
- From
- 14 m
- To
- 27 m
Classification
- Sample Type
- drill
- Group ID
- YKDD24-288:14.0-27.0
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-19T00:00:00.000Z
Reasoning: Silver grade is low.
Evidence · table
“2.7”
Context: 13.0
YKDD24-289North Rackla · copperGrade: 1.22Grade Unit: %Intercept: 4 mView all detailsHide details
Identity
- Hole ID
- YKDD24-289
- Project
- North Rackla
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- CD
Geometry
- Grade
- 1.22
- Grade Unit
- %
- Intercept
- 4 m
- From
- 3 m
- To
- 7 m
Classification
- Sample Type
- drill
- Group ID
- YKDD24-289:3.0-7.0
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-19T00:00:00.000Z
Reasoning: 1.22% Cu is a strong intercept.
Positive factors
- strong copper grade
Evidence · table
“1.22”
Context: 4.0
YKDD24-289North Rackla · silverGrade: 4.1Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- YKDD24-289
- Project
- North Rackla
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- CD
Geometry
- Grade
- 4.1
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 3 m
- To
- 7 m
Classification
- Sample Type
- drill
- Group ID
- YKDD24-289:3.0-7.0
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-19T00:00:00.000Z
Reasoning: Silver grade is low.
Evidence · table
“4.1”
Context: 4.0
YKDD24-290North Rackla · copperGrade: 0.77Grade Unit: %Intercept: 1 mView all detailsHide details
Identity
- Hole ID
- YKDD24-290
- Project
- North Rackla
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- CD
Geometry
- Grade
- 0.77
- Grade Unit
- %
- Intercept
- 1 m
- From
- 114 m
- To
- 115 m
Classification
- Sample Type
- drill
- Group ID
- YKDD24-290:114.0-115.0
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-19T00:00:00.000Z
Reasoning: 1.0m is a narrow intercept and 0.77% Cu is moderate.
Negative factors
- narrow intercept
Evidence · table
“0.77”
Context: 1.0
YKDD24-290North Rackla · silverGrade: 3.1Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- YKDD24-290
- Project
- North Rackla
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- Yukon
- Ticker
- CD
Geometry
- Grade
- 3.1
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 114 m
- To
- 115 m
Classification
- Sample Type
- drill
- Group ID
- YKDD24-290:114.0-115.0
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Chemex
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-19T00:00:00.000Z
Reasoning: Silver grade is low.
Evidence · table
“3.1”
Context: 1.0
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.