203 - 1634 Harvey Ave
KELOWNA
British Columbia
Canada,
V1Y 6G2
Phone: +1 (250) 860-8582
Fax: +1 (250) 860-1362
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Company SummaryThe Company's principal business activity is the acquisition and exploration of mineral properties for commercial mineral deposits. The Company’s primary project is located in the northwestern part of the Republic of Yemen where it owns exclusive exploration licenses of 698 square kilometers aerial extent. Nickel, Copper, Cobalt and Platinum have been discovered on three of the Company’s licenses at Suwar, Wadi Qutabah and Al Masna, while a gold deposit has been discovered on its Al Hariqah project.
Company NewsWednesday, November 04, 2009 Cantex Mine Development and Vale reported to have collected 1894 soil samples, a satellite image was acquired and detailed geological mapping was conducted over the Suwar area. Ground geophysical surveys included 32 line kilometers of ground magnetics, 15 kilometers of ground gravity and a ground induced polarization (IP) survey covering a 2.5 km by 2.5 km area. The results of this work identified several drill targets. The most significant of these were two IP anomalies. The eastern IP anomaly was modeled to be approximately 800 meters long and between 130 and 250 meters wide. The western anomaly was modeled to be 600 meters long and between 150 and 300 meters wide. News ReleasesWednesday, November 04, 2009 |
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