# 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 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--058220f1-ba51-41c3-b9f0-063f05fac14b Original source: https://money.tmx.com/en/quote/CD/news/5826247752417512/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve Publisher: tmx Original announcement: 2024-08-19T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: high copper grades - Positive factor: significant mineralization encountered - Positive factor: QA/QC disclosed Facts used in scoring: 8 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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) ### YKDD24-287 [Link to this fact](https://atlas-staging.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--058220f1-ba51-41c3-b9f0-063f05fac14b#fact-drill-facts-0) North Rackla · copper #### 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 factor: exceptional copper grade Evidence · table > 4.54 Context: 2.9 ### YKDD24-287 [Link to this fact](https://atlas-staging.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--058220f1-ba51-41c3-b9f0-063f05fac14b#fact-drill-facts-1) North Rackla · silver #### 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 factor: silver mineralization present Evidence · table > 11.4 Context: 2.9 ### YKDD24-288 [Link to this fact](https://atlas-staging.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--058220f1-ba51-41c3-b9f0-063f05fac14b#fact-drill-facts-2) North Rackla · copper #### 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 factor: significant width Evidence · table > 0.86 Context: 13.0 ### YKDD24-288 [Link to this fact](https://atlas-staging.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--058220f1-ba51-41c3-b9f0-063f05fac14b#fact-drill-facts-3) North Rackla · silver #### 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 ### YKDD24-289 [Link to this fact](https://atlas-staging.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--058220f1-ba51-41c3-b9f0-063f05fac14b#fact-drill-facts-4) North Rackla · copper #### 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 factor: strong copper grade Evidence · table > 1.22 Context: 4.0 ### YKDD24-289 [Link to this fact](https://atlas-staging.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--058220f1-ba51-41c3-b9f0-063f05fac14b#fact-drill-facts-5) North Rackla · silver #### 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 ### YKDD24-290 [Link to this fact](https://atlas-staging.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--058220f1-ba51-41c3-b9f0-063f05fac14b#fact-drill-facts-6) North Rackla · copper #### 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 factor: narrow intercept Evidence · table > 0.77 Context: 1.0 ### YKDD24-290 [Link to this fact](https://atlas-staging.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--058220f1-ba51-41c3-b9f0-063f05fac14b#fact-drill-facts-7) North Rackla · silver #### 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.