CANTEX
Yukon, Canada
Cantex: Geological Background
Cantex (CD · TSX-V) · Yukon, Alaska
Cantex Developments’ 100% owned North Rackla Project covering 14,077ha,150 km northeast of Mayo in eastern Yukon…
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Analysis by Bill Pearson, PhD, P.Geo
Updated Jul 30, 2026
Cantex Developments’ 100% owned North Rackla Project covering 14,077ha,150 km northeast of Mayo in eastern Yukon, is a large, district-scale polymetallic exploration project focused primarily on a high-grade silver–lead–zinc–germanium massive sulphide system, with additional copper and gold targets across the broader land package. The Main Zone currently has a drill-defined strike length of more than 2.65 km and has been traced to depths exceeding 700 metres, with mineralization remaining open both along strike and at depth. 86,000m of drilling has been completed to date but a mineral resource has not yet been released.
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Actual holdings will vary for each client or fund and there is no guarantee that a particular account will hold any or all of the securities discussed. All investing involves risk including risk of loss. Crescat target resource estimates (TSE) are based on internal modeling and geologic estimates, and include various assumptions based on analysis of geology, geophysics, geochemistry, historic drill assays, and metallurgical recovery data received to date. TSE are discounted based on drilling progress to date, an assessment of the management and technical team's strengths and weaknesses affecting their ability to advance the project, and environmental, local community, and government permitting risk factors. Estimates are displayed on a gold equivalent basis based on current price-to-gold ratios for silver, copper, and other metals if the primary metal is other than gold. Further drilling, assaying, resource modeling, and engineering studies will be required to determine whether Crescat's TSE can be reasonably expected to be achieved. Crescat's target resource estimates are updated monthly across the entire portfolio. Sources: Crescat Capital LLC, Bloomberg, Issuer. Expected profitability percentile is based on Crescat's geologic estimates of projected grades, recoveries, capex, and operational costs on the primary project compared to the universe of operating mines. This value does not project overall anticipated company profitability.