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

Original announcement by tmx on

Company
Cantex Mine Development Corp.
Ticker
CD
Exchange
TSX
Region
Yukon
Primary commodity
Lead
Secondary commodities
Zinc, Silver
Document categories
Metallurgy
Extracted
2026-09-17 15:01:13 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Cantex has announced successful preliminary flotation testwork at its North Rackla project in the Yukon. The tests produced premium-grade lead and zinc concentrates from high-grade, low-grade, and oxide composites, with significant silver credits reported in the lead concentrates.

Reasoning: Preliminary flotation testwork successfully produced premium-grade lead and zinc concentrates with significant silver credits across multiple ore domains.

Positive factors

  • High-grade concentrates achieved (>50% Pb and >60% Zn)
  • Strong silver credits in lead concentrates
  • Successful recovery from both high-grade and low-grade sulphide and oxide domains
  • Use of conventional, industry-standard flotation techniques

Negative factors

  • Zinc recovery in oxide mineralization was noted as poor

Facts used in scoring: 6

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Lead and zinc recoveries in sulphide composites reached 85.1% and 80.6% respectively, which are strong for these commodities.

Evidence · text

“High-Grade (HG) sulphide composites achieved 85.1% lead recovery (at 53.6% Pb grade) and 80.6% zinc recovery (at a 61.8% Zn grade).”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The results are based on conventional flotation techniques.

Evidence · text

“successfully demonstrated that conventional, industry standard sulphide flotation techniques can effectively separate”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The release names Shane Tad Crowie, P. Eng. of JDS Energy & Mining Inc. as the Qualified Person.

Evidence · text

“conducted under the supervision of Shane Tad Crowie, P. Eng. of JDS Energy & Mining Inc. ("JDS"), a Qualified Person”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 3 distinct composites were tested

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Metallurgical Results (6)

flotationNorth Rackla · leadRecovery: 91.1 %Head Grade: 4.42Head Grade Unit: %View all details
Link to this fact

Identity

Project
North Rackla
Commodity
lead
Region
canada_yt
Reported Region
Yukon
Ticker
CD

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Low-Grade (LG) sulphide composite (KM7852-08)
Grind P80
75 µm

Recovery

Recovery
91.1 %
Recovery Basis
actual_test
Head Grade
4.42
Head Grade Unit
%
Conc. Grade
51
Conc. Grade Unit
%

Lab

Laboratory
ALS Kamloops Metallurgy
Consultant
JDS Energy & Mining Inc.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-02T00:00:00.000Z

Reasoning: Very high lead recovery from low-grade material.

Positive factors

  • Exceptional recovery of 91.1%

Evidence · text

“The lead concentrate recovered 91.1% of the lead from the sample and assayed 51% lead.”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationNorth Rackla · zincRecovery: 88.4 %Head Grade: 4.56Head Grade Unit: %View all details
Link to this fact

Identity

Project
North Rackla
Commodity
zinc
Region
canada_yt
Reported Region
Yukon
Ticker
CD

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Low-Grade (LG) sulphide composite (KM7852-08)
Grind P80
75 µm

Recovery

Recovery
88.4 %
Recovery Basis
actual_test
Head Grade
4.56
Head Grade Unit
%
Conc. Grade
51
Conc. Grade Unit
%

Lab

Laboratory
ALS Kamloops Metallurgy
Consultant
JDS Energy & Mining Inc.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-02T00:00:00.000Z

Reasoning: High zinc recovery from low-grade material.

Positive factors

  • Strong zinc recovery of 88.4%

Evidence · text

“The zinc concentrate recovered 88.4% of the zinc and assayed 51% zinc.”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationNorth Rackla · leadRecovery: 85.1 %Head Grade: 2.72Head Grade Unit: %View all details
Link to this fact

Identity

Project
North Rackla
Commodity
lead
Region
canada_yt
Reported Region
Yukon
Ticker
CD

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
High-Grade (HG) sulphide composite (KM7852-10)
Grind P80
75 µm

Recovery

Recovery
85.1 %
Recovery Basis
actual_test
Head Grade
2.72
Head Grade Unit
%
Conc. Grade
53.6
Conc. Grade Unit
%

Lab

Laboratory
ALS Kamloops Metallurgy
Consultant
JDS Energy & Mining Inc.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-02T00:00:00.000Z

Reasoning: Strong lead recovery and high grade in HG sulphide.

Positive factors

  • High grade concentrate (53.6% Pb)

Evidence · text

“High-Grade (HG) sulphide composites achieved 85.1% lead recovery (at 53.6% Pb grade)”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationNorth Rackla · zincRecovery: 80.6 %Head Grade: 4.12Head Grade Unit: %View all details
Link to this fact

Identity

Project
North Rackla
Commodity
zinc
Region
canada_yt
Reported Region
Yukon
Ticker
CD

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
High-Grade (HG) sulphide composite (KM7852-10)
Grind P80
75 µm

Recovery

Recovery
80.6 %
Recovery Basis
actual_test
Head Grade
4.12
Head Grade Unit
%
Conc. Grade
61.8
Conc. Grade Unit
%

Lab

Laboratory
ALS Kamloops Metallurgy
Consultant
JDS Energy & Mining Inc.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-02T00:00:00.000Z

Reasoning: Good zinc recovery and high grade in HG sulphide.

Positive factors

  • Premium zinc concentrate (61.8% Zn)

Evidence · text

“High-Grade (HG) sulphide composites achieved ... 80.6% zinc recovery (at a 61.8% Zn grade).”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationNorth Rackla · leadHead Grade: 3.07Head Grade Unit: %View all details
Link to this fact

Identity

Project
North Rackla
Commodity
lead
Region
canada_yt
Reported Region
Yukon
Ticker
CD

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Oxide composite (KM7852-09)
Grind P80
75 µm

Recovery

Recovery Basis
unspecified
Head Grade
3.07
Head Grade Unit
%
Conc. Grade
53
Conc. Grade Unit
%

Lab

Laboratory
ALS Kamloops Metallurgy
Consultant
JDS Energy & Mining Inc.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-02T00:00:00.000Z

Reasoning: Proved oxide cap can be commercialized as lead concentrate.

Positive factors

  • Successful production of saleable lead concentrate from oxide

Negative factors

  • Zinc recovery in oxide was poor

Evidence · text

“cleaner testwork successfully proved that a high-quality, saleable lead concentrate grading 53.0% Pb ... can be produced from this material.”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationNorth Rackla · silverView all details
Link to this fact

Identity

Project
North Rackla
Commodity
silver
Region
canada_yt
Reported Region
Yukon
Ticker
CD

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
High-Grade (HG) sulphide lead concentrate

Recovery

Conc. Grade
960
Conc. Grade Unit
g/t Ag

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-02T00:00:00.000Z

Reasoning: High silver credits in HG lead concentrate.

Positive factors

  • Exceptional silver grade in concentrate

Evidence · text

“delivering stellar grades of 960 g/t Ag (HG)”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

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.