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Canterra Minerals Corporation

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

Canterra Reports 68.0m of 1.0% CuEq at Buchans Project

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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 additional Buchans Project drilling results on June 3, 2025.

  • Drillhole H-25-3537 returned 68.0m of 1.0% CuEq from surface, including 0.50% Cu, 1.00 % Zn, 0.43% Pb, 3.5 g/t Ag and 0.06 g/t Au.
  • The interval included 11.0m of 2.14% CuEq from surface, with 0.63% Cu, 3.22% Zn, 1.62% Pb, 6.9 g/t Ag and 0.14 g/t Au.
  • The results are from Canterra's ongoing 10,000m program at its 100% owned Buchans Project in the Central Newfoundland Mining District.
  • The company said the results are expected to expand the current open pit mineral resource and demonstrate continuity of the Lundberg deposit.
  • CuEq was based on April 11, 2025 metal prices of US$4.06/lb Cu, US$1.19/lb Zn, US$0.85/lb Pb, US$32.23/oz Ag and US$3,236.00/oz Au.
  • The company said additional results, including the Pumphouse Target, will be released as assays are received and compiled.

The resource statement says mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues, and that Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The project covers 95 km2.

Investor FAQs

Canterra Minerals reported 68.0m of 1.0% CuEq from surface in drillhole H-25-3537, including 11.0m of 2.14% CuEq from surface. The reported 68.0m included 0.50% Cu, 1.00 % Zn, 0.43% Pb, 3.5 g/t Ag and 0.06 g/t Au, while the 11.0m interval included 0.63% Cu, 3.22% Zn, 1.62% Pb, 6.9 g/t Ag and 0.14 g/t Au.

Source announcement

Company
Canterra Minerals Corporation
Title
Canterra Minerals Intersects 68 metres of 1.0% CuEq from Surface at the Buchans Project, Newfoundland
Published
Source site
valuethemarkets.com

Read the source announcement on valuethemarkets.com

FAQSIR's summary and investor FAQs are generated by AI from the text of this announcement alone, without information from other sources.

Figures, forecasts and other claims are the announcement's, not FAQSIR's. FAQSIR does not independently verify them.

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