Canterra Minerals Corp is pleased to announce that it has completed its previously announced non-brokered private placement, raising total gross proceeds of approximately $2.7 million, consisting of 13,581,000 units of the Company at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant. Each Warrant entitles the holder to acquire one Common [...]
Canterra Minerals Corp. is pleased to announce the start of surface exploration work on its Wilding Gold and Noel-Paul Gold Projects, in NL. Results from the surface program will enhance targeting and generate additional targets for drilling, expected to begin later this summer. ultiple field crews have been mobilized and are systematically till sampling, prospecting and top of bedrock sampling at Wilding in high priority [...]
Canterra Minerals Corp. is pleased to announce a non-brokered private placement to raise total gross proceeds of approximately $2.7 million. The Offering will consist of 13,581,000 units of the Company 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, Eric Sprott will own ~19.9% of Canterra on a basic shares [...]
Canterra Minerals is pleased to report results for the remaining nine drill holes completed during the winter 2021 drill program at the Wilding Gold Project, 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 Target. New gold drill discovery 4th drill defined gold target on the pro
Canterra Minerals Corp. is pleased report results from 1,463 soil samples collected in 2017 from the Wilding Gold Project but were not submitted for analyses. The samples cover Silurian feldspar porphyry rocks which hosts the Red Ochre Complex. Highlights: 6 samples with greater than 100 ppb gold, with the highest sample grading 468 ppb Au Expands Red Ochre 500m to the south resulting in an overall gold-in-soil footprint [...]
Canterra Minerals Corp. is pleased report results for the first seven drill holes completed during the winter 2021 drill program at the Wilding Gold Project , in central Newfoundland. Results are from the Red Ochre Complex ; the westernmost zone of gold mineralization identified at Wilding to date. Planning is now underway for a large summer program consisting of surface sampling and drilling up to 5,000m at Wilding [...]
Canterra Minerals Corp. is pleased to announce that it has entered into an option agreement with Sokoman Minerals Corp. to acquire 100% of the East Alder gold project located immediately northeast of the Company's Wilding Gold Project in central Newfoundland. East Alder Highlights: Rock samples from float ranging from 0.1 g/t to 5.3 g/t Au and from trace to 10.8% Cu 2 kilometre gold-in-soil trend with gold results [...]
Canterra Minerals Corp. is pleased to announce the appointment of Asa East, B.Sc., to the position of Vice President, Exploration , bolstering its highly experienced technical team. Mr. East is an exploration geologist with over 15 years mineral exploration experience throughout the North American Cordillera, Western Africa, and Far East Russian Gold Districts. Mr. East has spent the last 11 years in various positions [...]
Canterra Minerals Corp. announces that is has granted a total of 2,382,500 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 March 19, 2021, exercisable at a price of $0.34 per share. Canterra Minerals Corp. Chris [...]
Canterra Minerals Corp. is pleased to announce the appointment of Josh Serfass to its Board of Directors following the retirement of Gary Lindsay from the Board on February 22, 2021. The Board would like to thank Mr. Lindsay for his years of dedication to the Company and wishes him all the best in retirement. Mr. Serfass is an accomplished mining executive, currently serving as Integra Resources' Executive Vice President [...]
Canterra Minerals Corp. is pleased to announce it has commenced its winter drill program at the Wilding Gold Project , Central Newfoundland, with one diamond core rig collaring the first drill hole west of the Red Ochre zone. Key Points: 2021 Winter drill program is budgeted for 2,000m of drilling Drilling will target expansion of known gold mineralization in several zones, including Red Ochre, Elm, and Alder Initial [...]
Canterra Minerals Corp. is pleased to announce it has received all permits required to commence drilling at its Wilding Gold Project, Central Newfoundland. Preparatory surface work, including snow clearing and drill pad building is now under way. "The Island of Newfoundland is one of the busiest jurisdictions for gold exploration in North America right now. We are very pleased to have received all of the permits required [...]
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