Canterra Minerals Corp. 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 consisted of 3,692,500 flow-through common shares of the Company at a price of $0.30 per Flow-Through Share. The gross proceeds from the Offering will be used for exploration activity on the [...]
Canterra Minerals Corp. 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 in central Newfoundland. Assay results are pending for all drill holes. Highlights: 4,195m completed in 19 drill holes on the Wilding Gold project Drill program is now on holiday break and will restart in early 2022 Stacked [...]
Canterra Minerals Corp. is pleased to announce a non-brokered private placement of up to 3,333,333 flow-through common shares of the Company at a price of $0.30 per Flow-Through Share for gross proceeds of up to approximately $1.0 million . The gross proceeds from the Offering will be used for exploration expenses on the Company's mineral properties in Newfoundland, which will qualify as "Canadian Exploration Expenses [...]
Canterra Minerals Corp. 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. and its affiliate NorZinc-Newfoundland Ltd., arm's length parties to the Company, for $250,000 in cash and 6,625,000 common shares of Canterra [...]
Canterra Minerals Corp. 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 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 program The first holes ever drilled [...]
Canterra Minerals Corp. 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 years, commencing on October 18, 2021, exercisable at a price of $0.31 per share. Canterra Minerals Corp. Chris [...]
Canterra Minerals Corp. is pleased to announce that it has entered into an asset purchase agreement with NorZinc Ltd. 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 [...]
Canterra Minerals Corp. is pleased to announce the start of the 2021 fall drill program at the Wilding Gold Project , Central Newfoundland. Wilding is located adjacent to Marathon Gold's Valentine Lake Project, directly northeast along the Valentine Lake Shear Zone , which hosts the Marathon, Leprechaun and Berry deposits. Drilling has commenced between the Elm and Alder zones using a single rig and is focused on testing [...]
Canterra Minerals Corp. 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 . 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 gold zones Six grab samples [...]
Canterra Minerals Corp. is pleased to announce the appointment of Dr. Luke Longridge to the position of Vice President, Exploration , 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 consulting on [...]
Canterra Minerals Corp. 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 the Company's [...]
GoldSpot Discoveries and Canterra Minerals are very pleased to report on the results of a property-wide comprehensive data review, compilation, and target generation on the Wilding Gold Project in Newfoundland using traditional geological and machine learning methods. The results of this exercise identified 54 prospective areas, ranked in order of priority with 10 identified as the highest priority drill targets. Denis [...]
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