Nickel & Gold Exploration · Yemen & Nevada &YUKON

2 major Nickel resources · 1 large Gold deposit

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Message: Al Hariqah - drilling update

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Al Hariqah - drilling update

posted on Nov 29, 11 11:18AM
CANTEX DRILLS 22.5m of 1.96 g/t, 12m of 2.1 g/t, 6m of 3.55 g/t and 2m of 8.31 g/t GOLD in HOLE RDH-H

KELOWNA, BC, Nov. 28, 2011 /CNW/ - Cantex Mine Development Corp. (CD : TSXV) ("Cantex" or the "Company") is pleased to announce drilling results from its Al Hariqah gold project.

Results for a further 7 holes from the Al Hariqah gold project have been received. Upper portions of the holes are typically drilled using percussion techniques and the holes are then extended with core drilling. Sample results are pending from 7 additional holes.

Drilling at the Al Hariqah project continues to intersect gold mineralization over significant lengths. Hole RDH-H intersected 22.5 meters of 1.96 g/t gold from a depth of 55.5 meters depth. This mineralization lies within a larger zone which averages 1.05 g/t gold over 81 meters from a depth of 1 meter. Several additional zones of significant gold were intersected deeper in the hole including 12 meters of 2.1 g/t gold from 108 meters depth, 6 meters of 3.55 g/t gold from 125 meters depth and 2 meters of 8.31 g/t gold from 142 meters depth.

As seen in the above table, shallower portions of hole RDH-I, which had previously been drilled, intersected numerous zones of gold mineralization including 6 meters of 2.09 g/t gold from 54 meters depth. Results from the recently completed core drilling of this hole extended the mineralization including 22.67 meters of 1.24 g/t gold from 85.5 meters depth.

Hole RDH-K intersected 91 meters of 0.68 g/t gold from 3 meters depth.

Summary

Cantex is pleased with the continued intersection of anomalous gold mineralization at Al Hariqah. Once the 162 hole program is finished, Cantex will be in the position to complete a prefeasibility study on the Al Hariqah project.

Regards

Hg

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