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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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- Canterra Minerals Corporation
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- FSE:DXZB, OTCQB:CTMCF, TSXV:CTM
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- 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.
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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
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