Welcome to our dedicated page for Canterra news (Ticker: CTMCF), a resource for investors and traders seeking the latest updates and insights on Canterra stock.
Canterra Minerals Corp (OTCQB: CTMCF) generates a steady flow of exploration news from its critical minerals and gold projects in central Newfoundland. The company’s releases focus on drill results, new target generation and project expansions across its Buchans, Boomerang, Wilding and Seal Pond properties.
At the Buchans Project, news updates frequently cover diamond drilling at the Lundberg deposit and high-grade horizons such as the Two Level and Pumphouse targets. Reported intervals include broad near-surface copper-equivalent mineralization at Lundberg and high-grade Buchans-style massive sulphide intercepts containing copper, zinc, lead, silver and gold. These results are often accompanied by technical tables, cross sections and commentary on implications for potential resource growth.
Additional news items describe regional VMS exploration at the Boomerang Project, where geochemical and geophysical work has outlined new targets beyond an existing historical resource, as well as the staking of the Hill Top massive sulphide target. Canterra also issues updates on its Wilding Gold Project along the Valentine Lake Shear Zone, highlighting newly identified multi-kilometre-scale gold targets and historic drill intercepts that demonstrate both high-grade veins and bulk-tonnage style mineralization.
Investors following CTMCF news can also expect announcements on new property acquisitions such as the Seal Pond VMS prospect, participation in industry conferences, and selection for technical showcases like the PDAC Core Shack. This news page provides a centralized view of Canterra’s exploration progress, technical results and corporate visibility initiatives in the Central Newfoundland Mining District.
Canterra Minerals has filed a National Instrument 43-101 Technical Report for its Lundberg deposit, part of the Buchans Project in Newfoundland. The report confirms an Indicated Mineral Resource of 16.79 million tonnes grading 0.42% Cu, 1.53% Zn, 0.64% Pb, 5.69 g/t Ag, and 0.07 g/t Au, and an Inferred Mineral Resource of 380,000 tonnes grading 0.36% Cu, 2.03% Zn, 1.01% Pb, 22.35 g/t Ag, and 0.31 g/t Au. This estimate will guide future exploration and potential economic assessments. The project shows significant potential for expansion and further exploration for new mineral zones.
The effective date of the Resource Estimate is February 28, 2019, and it is based on 263 drill holes. The report recommends a Preliminary Economic Assessment to evaluate the viability of an open-pit mining scenario. The Lundberg deposit is part of a volcanogenic massive sulphide environment, and Canterra sees potential for discovering additional higher-grade mineralization adjacent to the deposit.
Canterra Minerals announced the results of a ground gravity survey at the Tulks East Project in central Newfoundland, showcasing positive anomalies near known mineralization zones. The survey identified potential extensions of massive sulfide mineralization, recommending drill targets for further exploration. The project holds promise for new high-grade VMS discoveries, with historical drilling revealing significant mineralization. Canterra plans to review the data to identify additional drilling targets.
Canterra Minerals announced the results of a ground gravity survey at its Long Lake Project in central Newfoundland, Canada. The survey identified positive gravity anomalies in underexplored areas near the Long Lake deposit. The Company is now reviewing the data to identify drilling targets and assess the exploration potential of the project. The Long Lake deposit shows promise for expansion at depth and new high-grade VMS discoveries, making it a priority for further exploration.
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