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Canterra Minerals Corporation
- FSE:DXZB
- OTCQB:CTMCF
- TSXV:CTM
Canterra Reports 86.0 m Copper-Equivalent Interval in Lundberg Extension at Buchans
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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 drill results from its 2025 Buchans Project program.
- Extension H-25-3542 returned 86.0 meters grading 0.91% CuEq, 75-100 meters below the previously defined resource limit; CuEq uses metal prices dated September 16, 2025.
- The same hole included 6.0 meters at 3.43% CuEq and 22.0 meters at 1.21% CuEq; its upper portion had 4.45 meters at 7.73% CuEq, previously released.
- Hole H-25-3553, drilled 50 meters north, intersected 7.0 meters grading 0.47% CuEq, extending the system down dip.
- At Clementine, 50-meter step-out H-25-3552 intersected 3.45 meters grading 1.09% CuEq; H-25-3547 was lost in a fault zone before target depth.
- H-25-3555 intersected 1.0 meter grading 0.45% CuEq beside a 1.5 km-long chargeability anomaly, most of which remains untested and is a priority for 2026 drilling.
- The fully funded 2026 winter program has commenced to test Two Level-Lundberg continuity and 3DIP anomalies at West Clementine and Sandfill.
- Canterra staked an additional 13.5 km² at the Nu target, expanding the project to 106 km².
Separately, the Grignan Holdings Ltd. dba Peterson Capital consulting agreement ends December 31, 2026; fees are $85,000 plus $5,000 in pre-approved expenses upfront.
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Source announcement
- Company
- Canterra Minerals Corporation
- Title
- Canterra Minerals Extends Lundberg Deposit with 86m of 0.91% CuEq at Buchans Project, Newfoundland
- Published
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- valuethemarkets.com
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