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Date Posted: 09:09:44 02/24/06 Fri
Author: siempre33
Subject: Cantex is on the Cortez trend

big copper deal coming...neveda gold properties unknown to most all cortez trend players. Biggest drawback has been no promotion or website but thats about to change. Its worth some Speculative cash

February 24, 2006

Feb 24, 2006 (M2 PRESSWIRE via COMTEX) --

Streetinvesting.com, has placed Cantex Mine Development Corp.(TSX-V:CD) high upon our radar gauge, after it exhibited a dramatic increase in share price Thursday, rising over 23%. In addition to these impressive gains, investors also experienced an unusually high trading volume of 4,607,962 by the end of the trading day. That same day, the Company's stock hit a day high of $0.11 and closed at $0.105, surpassing its previous 52 week high of $0.09 respectively. Streetinvesting.com strives to bring true growth opportunities directly to its valued subscribers. Our strength lies in finding these undervalued and under-marketed companies and delivering our research in a timely manner. Streetinvesting.com will be tracking this company attentively for the subsequent weeks and keep interested investors and shareholders posted on any new findings and behind-the-scenes update. For a complimentary and comprehensive report on our current analysis and opinions, please visit www.streetinvesting.com for a free membership subscription.

This has not been the only occurrence of this nature for this company, as investors have been privileged to a substantial, overall increase in shareholder value since early December. In response to this, our qualified team of researchers will be keeping a diligent watch over the Company and its operations throughout the ensuing weeks and months, in the hopes that the positive market activity of the past few months may continue on into the year.

On Monday morning, in regards to the Company's 100% owned Suwar Nickel, Copper and Cobalt Project in Yemen, Cantex was pleased to report that it has received assay results from a massive and disseminated sulfide intersection in hole Y05-07 previously reported.

An 11.33 meter intercept from 122.47 meters was sent for analysis. This 11.33 meter section averaged 1.14% nickel, 0.52% copper and 0.08% cobalt with minor amounts of gold (61 ppb) and silver (1.7 ppm). The in ground value of this intercept at current metal prices is C$ 257.66 per ton.

The 11.33 meter intercept contained a higher grade 8.09 meter section from 124.30 meters which averaged....

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