# CANTEX ANNOUNCES RESUMPTION OF DRILLING AND REPORTS OUTSTANDING COPPER AND SILVER RESULTS ON ITS COPPER PROJECT LOCATED 10KM WEST OF ITS SILVER-LEAD-ZINC-GERMANIUM DEPOSIT ON ITS 100% OWNED NORTH RACKLA CLAIMS IN THE YUKON Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--1eae7c23-3f7b-4426-846c-a98e56268b06 Original source: https://money.tmx.com/en/quote/CD/news/5826247752417512/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve Publisher: tmx Original announcement: 2024-08-19T13:00:00.000Z 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: Silver - Document categories: Drill results - Extracted: 2026-09-17 15:32:42 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Cantex Mine Development Corp. has reported high-grade copper and silver drill results from its North Rackla project in the Yukon. Notable intercepts include 2.9m at 4.54% Cu and 13.0m at 0.86% Cu. The company is also resuming drilling following a temporary pause requested by the local First Nation. Reasoning: The announcement reports high-grade copper and silver intercepts from a 2024 drill program at the North Rackla project, including a notable 4.54% Cu intercept. - Positive factor: High-grade copper intercepts \(4.54% Cu\) - Positive factor: Significant silver results - Positive factor: QA/QC protocols disclosed - Positive factor: Qualified Person sign-off Facts used in scoring: 8 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 4.54% Cu is exceptionally high for a copper project. Evidence · text > 4.54% copper **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: Release details blanks, standards, and certified reference samples. Evidence · text > Silica blanks were inserted along with certified reference samples. **QP/CP Signed** Polarity: positive Story-specific tag Definition: 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: Chad Ulansky P.Geol. is named as the Qualified Person. Evidence · text > reviewed by Mr. Chad Ulansky P.Geol ., a Qualified Person ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Drill Results (8) ### YKDD24-287 [Link to this fact](https://atlas-extractions.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--1eae7c23-3f7b-4426-846c-a98e56268b06#fact-drill-facts-0) North Rackla · copper #### Identity - Hole ID: YKDD24-287 - Project: North Rackla - Commodity: copper - Region: canada\_yt - Reported Region: canada\_yt - Ticker: CD #### Geometry - Grade: 4.54 - Grade Unit: % - Intercept: 2.9 m - From: 6 m - To: 8.9 m - Intercept Depth: 6 m #### Classification - Sample Type: drill - Group ID: YKDD24-287:6-8.9 #### Location - Location: Main Zone - Azimuth: 13 ° - Dip: -45 ° - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-08-19T00:00:00.000Z Reasoning: Very high grade copper intercept. - Positive factor: High grade intercept Evidence · table > 4.54 Context: 2.9 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "North Rackla Drilling Resuming As announced on July 23, 2024 Cantex temporarily halted work on its North Rackla project " ### YKDD24-287 [Link to this fact](https://atlas-extractions.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--1eae7c23-3f7b-4426-846c-a98e56268b06#fact-drill-facts-1) North Rackla · silver #### Identity - Hole ID: YKDD24-287 - Project: North Rackla - Commodity: silver - Region: canada\_yt - Reported Region: canada\_yt - Ticker: CD #### Geometry - Grade: 11.4 - Grade Unit: g/t - Intercept: 2.9 m - From: 6 m - To: 8.9 m - Intercept Depth: 6 m #### Classification - Sample Type: drill - Group ID: YKDD24-287:6-8.9 #### Location - Location: Main Zone - Azimuth: 13 ° - Dip: -45 ° - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-08-19T00:00:00.000Z Reasoning: Silver byproduct in a copper hole. Evidence · table > 11.4 Context: 2.9 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "North Rackla Drilling Resuming As announced on July 23, 2024 Cantex temporarily halted work on its North Rackla project " ### YKDD24-288 [Link to this fact](https://atlas-extractions.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--1eae7c23-3f7b-4426-846c-a98e56268b06#fact-drill-facts-2) North Rackla · copper #### Identity - Hole ID: YKDD24-288 - Project: North Rackla - Commodity: copper - Region: canada\_yt - Reported Region: canada\_yt - Ticker: CD #### Geometry - Grade: 0.86 - Grade Unit: % - Intercept: 13 m - From: 14 m - To: 27 m - Intercept Depth: 14 m #### Classification - Sample Type: drill - Group ID: YKDD24-288:14-27 #### Location - Location: Main Zone - Azimuth: 35 ° - Dip: -45 ° - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-08-19T00:00:00.000Z Reasoning: Solid width intercept with moderate grade. - Positive factor: Good width Evidence · table > 0.86 Context: 13.0 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "North Rackla Drilling Resuming As announced on July 23, 2024 Cantex temporarily halted work on its North Rackla project " ### YKDD24-288 [Link to this fact](https://atlas-extractions.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--1eae7c23-3f7b-4426-846c-a98e56268b06#fact-drill-facts-3) North Rackla · silver #### Identity - Hole ID: YKDD24-288 - Project: North Rackla - Commodity: silver - Region: canada\_yt - Reported Region: canada\_yt - Ticker: CD #### Geometry - Grade: 2.7 - Grade Unit: g/t - Intercept: 13 m - From: 14 m - To: 27 m - Intercept Depth: 14 m #### Classification - Sample Type: drill - Group ID: YKDD24-288:14-27 #### Location - Location: Main Zone - Azimuth: 35 ° - Dip: -45 ° - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-08-19T00:00:00.000Z Reasoning: Silver byproduct. Evidence · table > 2.7 Context: 13.0 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "North Rackla Drilling Resuming As announced on July 23, 2024 Cantex temporarily halted work on its North Rackla project " ### YKDD24-289 [Link to this fact](https://atlas-extractions.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--1eae7c23-3f7b-4426-846c-a98e56268b06#fact-drill-facts-4) North Rackla · copper #### Identity - Hole ID: YKDD24-289 - Project: North Rackla - Commodity: copper - Region: canada\_yt - Reported Region: canada\_yt - Ticker: CD #### Geometry - Grade: 1.22 - Grade Unit: % - Intercept: 4 m - From: 3 m - To: 7 m - Intercept Depth: 3 m #### Classification - Sample Type: drill - Group ID: YKDD24-289:3-7 #### Location - Location: Main Zone - Azimuth: 305 ° - Dip: -45 ° - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-08-19T00:00:00.000Z Reasoning: Moderate copper intercept. Evidence · table > 1.22 Context: 4.0 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "North Rackla Drilling Resuming As announced on July 23, 2024 Cantex temporarily halted work on its North Rackla project " ### YKDD24-289 [Link to this fact](https://atlas-extractions.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--1eae7c23-3f7b-4426-846c-a98e56268b06#fact-drill-facts-5) North Rackla · silver #### Identity - Hole ID: YKDD24-289 - Project: North Rackla - Commodity: silver - Region: canada\_yt - Reported Region: canada\_yt - Ticker: CD #### Geometry - Grade: 4.1 - Grade Unit: g/t - Intercept: 4 m - From: 3 m - To: 7 m - Intercept Depth: 3 m #### Classification - Sample Type: drill - Group ID: YKDD24-289:3-7 #### Location - Location: Main Zone - Azimuth: 305 ° - Dip: -45 ° - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-08-19T00:00:00.000Z Reasoning: Silver byproduct. Evidence · table > 4.1 Context: 4.0 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "North Rackla Drilling Resuming As announced on July 23, 2024 Cantex temporarily halted work on its North Rackla project " ### YKDD24-290 [Link to this fact](https://atlas-extractions.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--1eae7c23-3f7b-4426-846c-a98e56268b06#fact-drill-facts-6) North Rackla · copper #### Identity - Hole ID: YKDD24-290 - Project: North Rackla - Commodity: copper - Region: canada\_yt - Reported Region: canada\_yt - Ticker: CD #### Geometry - Grade: 0.77 - Grade Unit: % - Intercept: 1 m - From: 114 m - To: 115 m - Intercept Depth: 114 m #### Classification - Sample Type: drill - Group ID: YKDD24-290:114-115 #### Location - Location: Main Zone - Azimuth: 96 ° - Dip: -45 ° - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-08-19T00:00:00.000Z Reasoning: Narrow 1m intercept. - Negative factor: Narrow interval Evidence · table > 0.77 Context: 1.0 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "North Rackla Drilling Resuming As announced on July 23, 2024 Cantex temporarily halted work on its North Rackla project " ### YKDD24-290 [Link to this fact](https://atlas-extractions.minestarters.com/news/cantex-announces-resumption-of-drilling-and-reports-outstanding-copper-and-silve--1eae7c23-3f7b-4426-846c-a98e56268b06#fact-drill-facts-7) North Rackla · silver #### Identity - Hole ID: YKDD24-290 - Project: North Rackla - Commodity: silver - Region: canada\_yt - Reported Region: canada\_yt - Ticker: CD #### Geometry - Grade: 3.1 - Grade Unit: g/t - Intercept: 1 m - From: 114 m - To: 115 m - Intercept Depth: 114 m #### Classification - Sample Type: drill - Group ID: YKDD24-290:114-115 #### Location - Location: Main Zone - Azimuth: 96 ° - Dip: -45 ° - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-08-19T00:00:00.000Z Reasoning: Silver byproduct. Evidence · table > 3.1 Context: 1.0 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "North Rackla Drilling Resuming As announced on July 23, 2024 Cantex temporarily halted work on its North Rackla project " ## 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.