# 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--f105c8eb-e51e-462c-bf7e-cdaacfacfcbc

Original source: https://money.tmx.com/en/quote/CD/news/6043116308613440/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 02:59:58 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, intersecting chalcopyrite mineralization in all three. While visual estimates of chalcopyrite are high, formal assay results for copper and gold are still pending.

Reasoning: The company reports visual intersections of chalcopyrite in three new holes, which is a positive exploration signal, but the lack of formal assay results limits the certainty of the metal grades.

- Positive factor: discovery of chalcopyrite in first three holes

- Positive factor: high grade chalcopyrite observed

- Negative factor: grades are estimated chalcopyrite rather than assayed metal

- Negative factor: no assay results reported yet

Facts used in scoring: 3

## Classification and evidence

**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

**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: While a QP is named, the release does not disclose specific assay protocols, lab certification, or QA/QC methods for the pending results.

Evidence · text

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

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### YKDD24-287

[Link to this fact](https://atlas-staging.minestarters.com/news/cantex-intersects-copper-mineralization-in-first-three-holes-on-its-north-rackla--f105c8eb-e51e-462c-bf7e-cdaacfacfcbc#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

- Program: exploration
- Sample Type: drill

#### Location

- Azimuth: 13 °
- Dip: -45 °

#### Review

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

#### Dates

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

Reasoning: Visual intersection of 8% chalcopyrite is a strong indicator of mineralization, but confidence is low as it is not yet assayed.

- Positive factor: high visual chalcopyrite grade

- Negative factor: grade is an estimate of chalcopyrite, not assayed copper

- Negative factor: no assay results yet

Evidence · text

> intersected 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--f105c8eb-e51e-462c-bf7e-cdaacfacfcbc#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

- Program: exploration
- Sample Type: drill

#### Location

- Azimuth: 35 °
- Dip: -45 °

#### Review

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

#### Dates

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

Reasoning: A 17m intersection of chalcopyrite is a significant width for an exploration hole, though grades are currently only visual estimates.

- Positive factor: significant intercept width

- Negative factor: grade is an estimate of chalcopyrite, not assayed copper

- Negative factor: no assay results yet

Evidence · text

> intersected 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--f105c8eb-e51e-462c-bf7e-cdaacfacfcbc#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

- Program: exploration
- Sample Type: drill

#### Location

- Azimuth: 305 °
- Dip: -45 °

#### Review

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

#### Dates

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

Reasoning: Visual intersection of chalcopyrite confirms mineralization in the third hole, though grades are unassayed.

- Positive factor: intersection of chalcopyrite

- Negative factor: grade is an estimate of chalcopyrite, not assayed copper

- Negative factor: no assay results yet

Evidence · text

> intersected 5.05 metres of an estimated 2% chalcopyrite

## 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.
