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A U G U S T / S E P T E M B E R 2 0 1 9
I
n investor chat rooms some are already
calling it "Chuck Fipke, the sequel".
Nearly 30 years after the Canadian
geologist discovered Canada's first com-
mercial diamond mine in the Northwest
Territories, the Ekati, another Fipke com-
pany – Cantex Mine Development Corp.
[CD-TSXV; CTXDF-OTC] – is attracting
attention to the Yukon.
Cantex says its goal is to define a world
class silver-lead-zinc deposit on its 100%-
owned North Rackla claim block, located
approximately 100 km northeast of Mayo
in central Yukon. Covering 14,077-hect
-
ares, the project is also situated to the
northeast of both Atac Resources Ltd.'s
[ATC-TSXV] Rackla gold property and
Victoria Gold Corp.'s [VIT-TSXV] new
Eagle gold mine.
In 2019, the company hopes to make a
significant step towards this goal by drill
testing almost 1 kilometre of strike length
on the massive sulphide zone to a depth
in places of up to 550 metres. "Should
we intersect mineralization similar to that
intersected last year, this will be a signifi
-
cant deposit," the company has said.
During a brief interview with Resource
World magazine, Cantex Chief Operating
Officer, Keiven Bauer, said it's still too early
YUKON 2019
SITE OF THE FAMOUS KLONDIKE GOLD RUSH OF 1898, THE UNDER-EXPLORED
YUKON TERRITORY IS LOADED WITH MINERAL POTENTIAL.
by Peter Kennedy
Victoria Gold is nearing completion
of construction of its Eagle gold mine
located in central Yukon, 375 km north
of the territorial capital of Whitehorse.
Photo courtesy Victoria Gold Corp.
