KELOWNA, BC, June 2 /CNW/ - Cantex Mine Development Corp. (CD: TSX-V)
("Cantex") is pleased to announce the progress on its Suwar nickel - copper -
Work is progressing well at the Suwar project which is optioned to Vale
International S.A, a wholly owned subsidiary of Vale S.A., formerly Companhia
Vale do Rio Doce ("Vale").
Approximately 2,000 soil samples have been processed and submitted to ALS
Chemex in Vancouver for analysis.
The ground Induced Polarization (IP) survey is now well underway. The
results of the IP survey, in conjunction with the completed gravity, magnetic
and soil geochemical surveys along with geological mapping are being used to
define drill targets.
The Duralite 1000N core drill from Logan Drilling has now arrived in
Yemen and is being cleared through customs. In addition one of Cantex's core
drills will soon be mobilized to the Suwar project to assist with the drill
Cantex and Vale are both pleased with the progress on the project to date
and look forward to commencing the drill program. The drill program will be
overseen by three of Vale's geologists who are specialists in nickel deposits.
This press release has been prepared by Chad Ulansky, a Qualified Person.
Chairman and Geologist
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Cantex Mine Development Corp., 203-1634 Harvey
Ave., Kelowna, BC, V1Y 6G2, Tel (250) 860 8582, Fax (250) 860 1362, Email