What other significant assay results were reported?

The source reported 6.16 g/t Au over 4.1 metres from 5.1 metres depth in hole WL-25-95 at the Alder Zone, including 20.96 g/t Au over 1 metre. Hole WL-25-101 returned 8.22 g/t Au over 6.6 metres, including 24.74 g/t Au over 2.15 metres. At the Aspen Target, hole WL-25-99 returned anomalous gold values up to 0.57 g/t Au.

How should the reported downhole intervals be interpreted?

The source states that true widths have not yet been determined. It says mineralised intervals in holes WL-25-90, WL-25-100 and WL-25-101 are interpreted to represent shallow-angle intersections of quartz-sulphide veins, meaning reported downhole lengths may be significantly greater than true vein widths. The source says additional drilling is required to make an accurate interpretation of true widths.

What did the drilling suggest about the Elm, Alder and Aspen zones?

Canterra interpreted the Elm Zone prospect as an approximately 300 metres along-strike by 100 metres down-dip mineralised gold corridor. The company said drilling confirmed continuity of high-grade quartz-sulphide gold veins, while alteration halos suggested a larger hydrothermal system. The first-pass drill test at the Aspen Target returned anomalous gold values up to 0.57 g/t Au in hole WL-25-99. These are company interpretations of the drilling results, and the source says the Wilding land position remains underexplored.

What follow-up work does the company plan?

The company said it is planning follow-up drilling, including diamond drilling and top of bedrock/base of till drilling, to better constrain vein orientation, true width and continuity. The planned work is intended to test the potential extent of the hydrothermal system between the Alder, Elm and Aspen zones, intersect interpreted veins at a higher angle, test down-plunge and along-strike continuity, and follow up the Aspen Zone. These activities are described as planned rather than completed.

What risks and uncertainties are identified in the release?

The release states that actual results and future events could differ materially from forward-looking statements. Risks identified include accidents and other risks associated with mineral exploration operations, unanticipated geological factors, the company’s ability to secure permitting and other governmental clearances, the ability to raise sufficient funds to carry out its business plans, and political uncertainties or regulatory or legal changes. The release also states that reported true widths have not yet been determined.

How were the reported samples analysed?

HQ drill core was logged, photographed and sampled at Canterra’s secure core facility in Newfoundland. Samples were delivered to Eastern Analytical Ltd. in Springdale, Newfoundland, an independent accredited assay laboratory conforming to ISO/IEC 17025. Samples were analysed using Eastern's gold fire assay (Au-FAA30) method with atomic absorption finish, while samples returning elevated gold values >1g/t were re-analysed with gravimetric finish. The company said its quality assurance and quality control programme included certified reference materials, blanks and duplicates, with QAQC samples accounting for a minimum of 5% of the samples in addition to the laboratory’s internal quality assurance programmes.

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Canterra Reports Gold Intersections from Fall Drilling at Wilding Project

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Canterra Minerals Corporation

FSE:DXZB
OTCQB:CTMCF
TSXV:CTM

Canterra Reports Gold Intersections from Fall Drilling at Wilding Project

Published Wednesday, 21 January 2026, 08:07 AM

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Company: Canterra Minerals Corporation
Listings: FSE:DXZB, OTCQB:CTMCF, TSXV:CTM
Published: Wednesday, 21 January 2026, 08:07 AM
Source announcement: valuethemarkets.com

FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices

Announcement Summary

Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (FSE: DXZB) reported fall 2025 diamond-drilling results from its 100%-owned Wilding Gold Project.

The release reports 1,243 m in its drilling highlights and 1,243.5 m in its analysis for 18 HQ-core holes at Elm, Alder and Aspen.
WL-25-100 returned 10.89 g/t Au over 31.5 meters from 59.0 meters depth, including 41.0 g/t Au over 5.4 meters.
WL-25-95 returned 6.16 g/t Au over 4.1 meters from 5.1 meters depth, including 20.96 g/t Au over 1 meter.
The company interprets Elm as an approximately 300 meters along-strike by 100 meters down-dip mineralized gold corridor.
Reported intervals are downhole lengths; true widths have not yet been determined, and additional drilling is required for accurate interpretation.
The company plans follow-up diamond and top-of-bedrock/base-of-till drilling; holes are expected to test vein geometry, continuity, new concepts and Aspen.

The first Aspen test, WL-25-99, returned anomalous gold values up to 0.57 g/t Au. The company interprets estimated true widths as approximately 5–30% for WL-25-90 and WL-25-100, and 20–45% for WL-25-101.

Investor FAQs

Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (FSE: DXZB) reported results from fall 2025 diamond drilling at its 100%-owned Wilding Gold Project in central Newfoundland. The reported results included 10.89 g/t Au over 31.5 metres core length from hole WL-25-100 at the Elm Zone, including 41.0 g/t Au over 5.4 m. All reported intervals are downhole lengths, and true widths have not yet been determined.

Source announcement

Company: Canterra Minerals Corporation
Title: Canterra Minerals Intersects High-Grade Gold at Wilding in Central Newfoundland, Including 10.89 g/t Au over 31.5 m
Published: Wednesday, 21 January 2026, 08:07 AM
Source site: valuethemarkets.com

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