Canterra Minerals Intersects Multiple Intervals of Gold Mineralization at the Wilding Gold Project, Including 81 g/t Au over 0.5 m, 3.63 g/t Au over 6.5 m, and 0.57 g/t Au over 42 m including 1.01 g/t Au over 15 m
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company" is pleased to report drill results from its wholly owned Wilding Gold Project ("Wilding"), located in central Newfoundland, Canada. These results are from the Company's 4,200 meter ("m") diamond drill program completed in December 2021 (see news release from December 21, 2021). An additional 4,000 m drill campaign is currently underway at Wilding. Highlights: Assay results from 17 of 19...
2022-04-19 8:00 AM EDT
Canterra Minerals Provides Exploration and Drilling Status Update
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to provide an update on its ongoing gold exploration work at its wholly owned Wilding and Noel-Paul projects, located in central Newfoundland, Canada. Highlights: Assays from 19 drill holes completed at Wilding in 2021 still pendingFully funded, fully permitted, 4,000 meter drill program at Wilding Lake to commence in FebruaryAirborne geophysics and soil sampling at Noel Paul to...
2022-02-08 8:00 AM EST
Canterra Minerals Announces Appointment of Interim President
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") announces that Chris Pennimpede, the Company's President and CEO, is taking a temporary leave of absence from Canterra, in order to recover from significant injuries sustained following a motor vehicle accident. The length of Mr. Pennimpede's leave will be determined by his overall recovery process.Randy Turner, the Company's Chairman, commented, "We are thinking of Chris and his family at this...
2022-01-18 8:00 AM EST
Canterra Minerals Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 24, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that, further to its news release of December 9, 2021, it has completed its non-brokered private placement, raising total gross proceeds of approximately $1.1 million (the "Offering"). The Offering consisted of 3,692,500 flow-through common shares of the Company (the "Flow-Through Shares") at a price of $0.30 per Flow-Through Share.The gross proceeds from the Offering will be...
2021-12-24 6:36 PM EST
Canterra Minerals Provides Drilling Update and Defines New Gold Targets on Its Noel Paul Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to provide an update to its fall drill program and to announce that it has defined several new gold targets on the never-before-explored Noel Paul Gold project ("Noel") in central Newfoundland. Assay results are pending for all drill holes.Highlights:4,195m completed in 19 drill holes on the Wilding Gold projectDrill program is now on holiday break and will restart...
2021-12-21 8:00 AM EST
Canterra Minerals Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2021) - Canterra Minerals Corporation (TSXV: CTM) ("Canterra" or the "Company") is pleased to announce a non-brokered private placement of up to 3,333,333 flow-through common shares of the Company (the "Flow-Through Shares") at a price of $0.30 per Flow-Through Share for gross proceeds of up to approximately $1.0 million (the "Offering"). The gross proceeds from the Offering will be used for exploration expenses on the Company's mineral properties in Newfoundland, which will qualify...
2021-12-09 5:00 PM EST
Canterra Minerals Completes Acquisition of Strategic Land Position in Central Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that it has completed the previously announced acquisition of mineral rights to four resource staged projects in central Newfoundland, adding 67km2 to Canterra's property position. The projects were acquired from NorZinc Ltd. ("NorZinc") and its affiliate NorZinc-Newfoundland Ltd., arm's length parties to the Company, for $250,000 in cash and 6,625,000 common shares (the "Consideration Shares") of...
2021-11-15 5:34 PM EST
Canterra Minerals Provides Drilling Update and Defines Additional Drill Targets Along the Valentine Lake Shear Zone, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to provide an update to its fall drill program and to announce that it has defined several new gold targets on the never-before-explored western part of its Wilding Gold Project ("Wilding") in central Newfoundland. Assay results are pending for all drill holes.Highlights:2,400m completed in 10 drill holes, almost half of the planed meterage of the fall drill programThe...
2021-10-25 8:00 AM EDT
Canterra Minerals Announces Annual Grant of Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") announces that is has granted a total of 2,867,500 options under the Company's Incentive Stock Option Plan to various employees, executives, directors and advisors of the Company,. All of the options are subject to vesting provisions. The options will be granted for a period of five (5) years, commencing on October 18, 2021, exercisable at a price of $0.31...
2021-10-19 7:11 PM EDT
Canterra Minerals Signs Definitive Asset Purchase Agreement to Acquire a Strategic Land Position in Central Newfoundland That Includes VMS Deposits Hosting 175,000 Indicated and 40,000 Inferred Gold Ounces
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that it has entered into an asset purchase agreement (the "Agreement") with NorZinc Ltd. ("NorZinc") and its affiliate NorZinc-Newfoundland Ltd. to acquire the mineral rights to four projects in central Newfoundland, adding 127km2 to Canterra's central Newfoundland property position.Of these four projects, three contain mineral resource estimates prepared in accordance with National Instrument 43-101 - Standards...
2021-10-04 8:00 AM EDT
Canterra Minerals Starts Its 5,000m Fall Drill Program at the Wilding Gold Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce the start of the 2021 fall drill program at the Wilding Gold Project ("Wilding"), Central Newfoundland. Wilding is located adjacent to Marathon Gold's Valentine Lake Project, directly northeast along the Valentine Lake Shear Zone ("VLSZ"), which hosts the Marathon, Leprechaun and Berry deposits. Drilling has commenced between the Elm and Alder zones using a single rig...
2021-09-28 8:00 AM EDT
Canterra Minerals Identifies New Drill Targets and Completes Till Sampling Program at the Wilding Gold Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce the definition of several new drill targets stemming from the results of the summer 2021 exploration program at the Wilding Gold project ("Wilding"). Canterra now looks towards the start of its fall drill program to test these new targets.Highlights:Surface rock and trench sampling has identified new drill targets in the vicinity the Red Ochre and Elm...
2021-09-15 8:00 AM EDT
Canterra Minerals Announces the Appointment of Dr. Luke Longridge as Vice President of Exploration and Strengthens Advisory Committee
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce the appointment of Dr. Luke Longridge to the position of Vice President, Exploration ("VPx"), bolstering its highly experienced technical team. Dr. Longridge is an exploration geologist with more than 15 years of mineral exploration experience, with a focus on Canada and Africa. Dr. Longridge has spent the last three years as CSA Global's Senior Structural Geologist...
2021-08-31 8:00 AM EDT
Canterra Minerals Stakes the Carter Lake Property In Central Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce it has added 28km2 to its central Newfoundland property position by staking the Carter Lake property. These additional 112 claims increases the size of the Company's land holdings along the Valentine Lake Shear Zone from 976 to 1,088 claims in 21 Mineral Exploration Licences, over 285km2. The staking initiative includes mineral rights in the areas adjacent to...
2021-07-28 8:00 AM EDT
Canterra Minerals and GoldSpot Discoveries Identify Numerous Drill Targets on the Wilding Gold Project in Central Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - July 14, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") and GoldSpot Discoveries Corp (TSXV: SPOT) (OTCQX: SPOFF) ("GoldSpot"), a leading technology services company leveraging machine learning to transform the mineral discovery process, are pleased to report on the results of a property-wide comprehensive data review, compilation and drill target selection on the Wilding Gold Project ("Wilding") in Newfoundland using traditional geological and machine learning methods. The results of this...
2021-07-14 8:00 AM EDT
Canterra Minerals Announces Closing of Strategic Investment by Eric Sprott as Part of $2.7 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce that it has completed its previously announced non-brokered private placement, raising total gross proceeds of approximately $2.7 million (the "Offering"), consisting of 13,581,000 units of the Company (the "Units") at a price of $0.20 per Unit. Each Unit consists of one common share of the Company (a "Common Share") and one-half of one common share purchase...
2021-06-29 2:17 PM EDT
Canterra Minerals Outlines Summer Exploration Program on its Wilding and Noel-Paul Gold Projects, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce the start of surface exploration work on its Wilding Gold ("Wilding") and Noel-Paul Gold ("Noel") Projects, in central Newfoundland ("NL"). Results from the surface program will enhance targeting and generate additional targets for drilling, expected to begin later this summer.Highlights:Multiple field crews have been mobilized and are systematically till sampling, prospecting and top of bedrock sampling...
2021-06-24 8:00 AM EDT
Canterra Minerals Announces Strategic Investment by Eric Sprott as Part of $2.7 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce a non-brokered private placement to raise total gross proceeds of approximately $2.7 million (the "Offering"). The Offering will consist of 13,581,000 units of the Company (the "Units") at a price of $0.20 per Unit.The Company is pleased to announce that Eric Sprott has agreed to purchase $2.6 million of the Offering. On completion of the Offering,...
2021-06-08 11:21 AM EDT
Canterra Minerals Intersects 13.3 g/t Gold over 0.2 Metres at the Elm Zone and Makes a New Discovery at the Dogberry Target Drilling 11.0 g/t Gold over 0.3m at the Wilding Gold Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to report results for the remaining nine drill holes completed during the winter 2021 drill program at the Wilding Gold Project ("Wilding"), in central Newfoundland. Results are from the Elm Zone and the previously untested Dogberry target.Drill Highlights:11.0 g/t Au over 0.3m at a depth of 22.4m in hole WL-21-45 at the Dogberry TargetNew gold drill discovery 4th...
2021-05-27 7:30 AM EDT