# CANTEX INTERSECTS COPPER MINERALIZATION IN FIRST THREE HOLES ON ITS NORTH RACKLA COPPER-GOLD, GERMANIUM AND BASE METAL PROJECT IN THE YUKON

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/cantex-intersects-copper-mineralization-in-first-three-holes-on-its-north-rackla--b0933053-4a70-4341-bc1f-770470505e67

Original source: https://money.tmx.com/en/quote/CD/news/8175270798370293/cantex-intersects-copper-mineralization-in-first-three-holes-on-its-north-rackla

Publisher: tmx

Original announcement: 2024-06-10T13:26:00.000Z

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: Gold, Germanium

- Document categories: Drill results

- Extracted: 2026-08-25 02:58:49 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Cantex Mine Development Corp. has completed three diamond drill holes at its North Rackla project in the Yukon, reporting visual intersections of chalcopyrite. Assay results for copper and gold are pending.

Reasoning: The company reports visual intersections of chalcopyrite in three new holes, which is a positive exploration signal, but the lack of actual assay grades reduces immediate materiality and confidence.

- Positive factor: discovery of chalcopyrite in first three holes

- Positive factor: high grade chalcopyrite observed in YKDD24-287

- Negative factor: no assay results yet \(only visual chalcopyrite estimates\)

- Negative factor: no QA/QC disclosure for these specific holes

Facts used in scoring: 5

## Classification and evidence

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The release mentions that core is being submitted for analysis but does not disclose assay protocols, standards, or blanks for the current holes.

Evidence · text

> One half of the split core is in the process of being submitted to laboratories

**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: The release mentions a Qualified Person \(Chad Ulansky\) has reviewed the technical information.

Evidence · text

> reviewed by Mr. Chad Ulansky P.Geol ., a Qualified Person under National Instrument 43-101

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### YKDD24-287

[Link to this fact](https://atlas-staging.minestarters.com/news/cantex-intersects-copper-mineralization-in-first-three-holes-on-its-north-rackla--b0933053-4a70-4341-bc1f-770470505e67#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: 8
- Grade Unit: %
- Intercept: 1.8 m
- From: 7.1 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-06-10T00:00:00.000Z

Reasoning: 8% chalcopyrite is a strong visual indicator, but lacks assay verification.

- Positive factor: high visual chalcopyrite grade

- Negative factor: visual estimate only

- Negative factor: no assay results

Evidence · text

> 1.8 metres of an estimated 8% chalcopyrite

### YKDD24-288

[Link to this fact](https://atlas-staging.minestarters.com/news/cantex-intersects-copper-mineralization-in-first-three-holes-on-its-north-rackla--b0933053-4a70-4341-bc1f-770470505e67#fact-drill-facts-1)

North Rackla · copper

#### Identity

- Hole ID: YKDD24-288
- Project: North Rackla
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: CD

#### Geometry

- Grade: 2
- Grade Unit: %
- Intercept: 17 m
- From: 9.5 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-06-10T00:00:00.000Z

Reasoning: 17m of 2% chalcopyrite is a substantial visual intercept.

- Positive factor: significant intercept width

- Negative factor: visual estimate only

Evidence · text

> 17 metres of an estimated 2% chalcopyrite

### YKDD24-289

[Link to this fact](https://atlas-staging.minestarters.com/news/cantex-intersects-copper-mineralization-in-first-three-holes-on-its-north-rackla--b0933053-4a70-4341-bc1f-770470505e67#fact-drill-facts-2)

North Rackla · copper

#### Identity

- Hole ID: YKDD24-289
- Project: North Rackla
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: CD

#### Geometry

- Grade: 2
- Grade Unit: %
- Intercept: 5.05 m
- From: 3.3 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-06-10T00:00:00.000Z

Reasoning: 5.05m of 2% chalcopyrite is a moderate visual intercept.

- Positive factor: mineralization intersected

- Negative factor: visual estimate only

Evidence · text

> 5.05 metres of an estimated 2% chalcopyrite

### unknown

[Link to this fact](https://atlas-staging.minestarters.com/news/cantex-intersects-copper-mineralization-in-first-three-holes-on-its-north-rackla--b0933053-4a70-4341-bc1f-770470505e67#fact-drill-facts-3)

North Rackla · copper

Historical result

Needs review: ungrounded

#### Identity

- Hole ID: unknown
- Project: North Rackla
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: CD

#### Geometry

- Grade: 3.93
- Grade Unit: %
- Intercept: 2.5 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: zero\_all
- Historical: Yes
- Historical Source Date: 2023-04-13T00:00:00.000Z

#### Dates

- Event date: 2024-06-10T00:00:00.000Z

Reasoning: Historical reference to previous drilling.

Evidence · text

> Previous drilling on this project intersected 2.5 metres of 3.93% copper

### unknown

[Link to this fact](https://atlas-staging.minestarters.com/news/cantex-intersects-copper-mineralization-in-first-three-holes-on-its-north-rackla--b0933053-4a70-4341-bc1f-770470505e67#fact-drill-facts-4)

North Rackla · copper

Historical result

Needs review: ungrounded

#### Identity

- Hole ID: unknown
- Project: North Rackla
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: CD

#### Geometry

- Grade: 7.32
- Grade Unit: %
- Intercept: 1 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: zero\_all
- Historical: Yes
- Historical Source Date: 2023-04-13T00:00:00.000Z

#### Dates

- Event date: 2024-06-10T00:00:00.000Z

Reasoning: Historical reference to previous drilling.

Evidence · text

> including 1 metre of 7.32% copper

## 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.
