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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Cantex Announces Commencement of 2026 Drill Program North Rackla, Yukon

Cantex Mine Development advances metallurgical de-risking at North Rackla while its cash runway narrows.

By The Northwire Desk — AI Analysis Jun 04, 2026 · 08:30 CD · 0.29 Cantex Mine Development Corp.
Executive Summary
  • Cantex Mine Development Corp. (TSXV: CD) has officially commenced its 2026 drill program at its 100%-owned North Rackla silver-lead-zinc-germanium project in the Yukon.
  • The exploration program aims to expand the strike length and depth extent of the existing massive sulphide mineralization.
  • Secondary targets include newly discovered anomalous gold zones and high-grade copper and silver-lead-zinc prospecting targets across the 14,077-hectare property.
  • Drilling has commenced with no assay results or intercepts reported in this release.
  • Technical content is reviewed by Chad Ulansky P.Geol., President and CEO, serving as the Qualified Person under NI 43-101.
Material Impact
  • The commencement of the 2026 drill program is an expected, incremental step following the January 29, 2026 announcement outlining the program's objectives and the deployment of a new lightweight heli-portable rig.
  • The news is routine and does not introduce new material catalysts or unexpected developments. It simply confirms execution of the previously disclosed exploration plan.
  • The drill program follows highly positive metallurgical testwork released in April and June 2026, which demonstrated successful XRT sorting and premium-grade flotation results. These earlier results have already de-risked the processing flowsheet and commercial viability.
  • The market has likely already priced in the drill commencement. The absence of assay results means there is no immediate fundamental re-rating catalyst.
CD · Price
Company Overview
  • Cantex Mine Development Corp. is focused on advancing the North Rackla project, a 14,077-hectare, 100%-owned property in the Yukon, Canada.
  • The flagship Massive Sulphide project hosts high-grade silver-lead-zinc-germanium mineralization, described by management as the highest-grade of its kind ever found in North America.
  • Historical drilling has defined >86,000 meters of mineralization over a 2.65 km strike length and depths exceeding 700 meters, remaining open along strike and to depth.
  • The project is compared to the world-class Broken Hill deposit due to its scale and grade.
  • Management includes Dr. Charles Fipke (Chairman, founder of the Ekati diamond mine) and Chad Ulansky (CEO).
Read the original news release →

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Jun 02, 2026 · 08:30

Cantex Announces Outstanding Preliminary Flotation Results; Achieves Premium-Grade Lead and Zinc Concentrates with Strong Silver Credits at North Rackla

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Technical Study Aug 15, 2025 · 16:02

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