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Canterra Minerals Corporation

  • FSE:DXZB
  • OTCQB:CTMCF
  • TSXV:CTM

Canterra Identifies Five Buchans Drill Targets and Starts Phase 3 Programme

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Company
Canterra Minerals Corporation
Listings
FSE:DXZB, OTCQB:CTMCF, TSXV:CTM
Published
Source announcement
valuethemarkets.com

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Announcement Summary

Canterra Minerals Corporation (TSXV:CTM) (OTCQB: CTMCF) (FSE:DXZB) announced new Buchans Project drill targets and Phase 3 drilling.

  • The 3D IP survey identified five previously untested anomalies with signatures comparable to known mineralized zones, imaging depths up to 800 m.
  • Phase 3 is part of Canterra’s fully funded 10,000-metre program; up to 6,000-metre is planned, with 6,000 metres underway across four targets.
  • Sandfill Deep is a >500 m anomaly at estimated ~600 m depth within a structural repeat of the Buchans horizon.
  • Clementine South is >500 m laterally, 1.5 km south of known Clementine mineralization, at estimated 650 m depth.
  • West Clementine is a kilometre-scale anomaly at estimated depths of 400 to 800 m and may be a faulted massive-sulphide extension.
  • Nu Area has multiple kilometre-scale resistivity anomalies with locally coincident increased chargeability in the project’s southern area.
  • The company expects to add additional targets, and says Phase 3 will continue through late fall. The release says Canterra may not secure permitting and other governmental clearances needed for its exploration plans.

Separately, Digitonic Ltd. will provide a two-month investor content marketing project beginning September 2, 2025; Canterra paid US$20,000.

Investor FAQs

Canterra Minerals Corporation announced that its property-wide, deep-penetrating 3D Induced Polarization survey identified five primary, large-scale, previously untested anomalies. The anomalies are along the geological corridor that hosted the Buchans Mine and occur at depths below those tested by historic shallow drilling. Canterra said it has launched Phase 3 of its fully funded 10,000-metre drill programme, with 6,000 metres of drilling underway.

Source announcement

Company
Canterra Minerals Corporation
Title
Canterra Minerals Defines Multiple Large-Scale Drill Targets from Property-Wide 3D IP Survey at the Buchans Project and Begins Discovery-focused Phase 3 Drilling
Published
Source site
valuethemarkets.com

Read the source announcement on valuethemarkets.com

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