Canterra Minerals Defines Multiple Large-Scale Drill Targets from Property-Wide 3D IP Survey at the Buchans Project and Begins Discovery-focused Phase 3 Drilling
(CTM) VANCOUVER, British Columbia, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Canterra Minerals Corporation (TSXV:CTM) (OTCQB: CTMCF) (FSE:DXZB) (“Canterra” or the “Company”) is pleased to announce that it’s property-wide, deep-penetrating 3D Induced Polarization (“IP”) survey at the flagship Buchans Project in Central Newfoundland has defined multiple large-scale, high-priority anomalies directly along the geological corridor that hosted the world-renowned, high-grade Buchans Mine. The new target anomalies occur at depths below those previously tested by historic shallow drilling.
Related Questions
How does the depth and grade of the Phase 3 drill targets compare to historic Buchans Mine production and to peer exploration projects in the region?
When is Phase 3 drilling expected to commence and what are the anticipated timelines and milestones for drilling, assay results, and any associated capital expenditures?
What is the potential impact of these newly identified large‑scale anomalies on Canterra’s reserve and resource model and consequently its valuation?