Cantex Mine Development Corp. provided an update on drilling of the Main Zone at its 100% owned 14,077 hectare North Rackla claim block in the Yukon. 27.7 Metre Zone of Semi-Massive to Massive Sulphides Intersected in Hole YKDD22-246 at Northeast End of Main Zone - Hole YKDD22-246 was drilled at a -65 degree dip from the same pad MZ 52 and at the same 145 degree azimuth as hole YKDD22-239.

As reported on July 13, 2022 hole YKDD22-239, drilled at a -45 degree dip, contained a 7.5 meter massive to disseminated sulphide intersection. The semi-massive to massive sulphides in hole YKDD22-246 consist of sphalerite (zinc sulphide) and galena (lead sulphide) and were intersected from 49.6 to 77.3 metres. The 27.7 metre intersection occurs between 51 and 69 metres depth from the surface.

A minor amount of chalcopyrite (copper-iron sulphide) was intersected with massive lead-zinc sulphides from 90.7 to 91.4m. The above mentioned two intersections from pad MZ 52 in the northeast extend the Main Zone to 2.15 kilometres. Drilling has now commenced at a -80 degree dip below the two intersections on pad MZ 52 and the second drill has stepped out further to northeast along strike.

The HQ sized core has been split and is being shipped to CF Minerals in Kelowna for sample preparation prior to being sent to ALS Chemex in Vancouver for analysis.