Canterra Minerals Corporation

Description

Canterra Minerals Corporation is a Vancouver-based exploration company listed on the TSXV (CTM), OTCQB (CTMCF) and Frankfurt (DXZB), focused on critical minerals and gold in central Newfoundland. Its flagship is the Buchans project, acquired in December 2023, which hosts the Lundberg deposit and sits on the former Buchans mine that produced about 16.1 million tonnes at 14.5% zinc, 7.6% lead and 126 g/t silver. The Lundberg pit-constrained estimate shows 16.79 million tonnes indicated at 0.42% copper, 1.53% zinc, 0.64% lead and 5.69 g/t silver, plus 380,000 tonnes inferred.

The company also owns the Wilding gold prospect next to Equinox Gold's Valentine mine, where it drilled 10.89 g/t gold over 31.5 metres, within a district package of about 684 square kilometres. A fully funded 15,000 metre program is under way, with recent Buchans results including 86 metres of 0.91% copper equivalent and a Phase 2 drill launch on July 8, 2026. No PEA, PFS or DFS exists, although the technical report recommends a PEA-level study

Weakness

List of projects

Project 1: Buchans Copper-Zinc Project (Lundberg deposit), central Newfoundland, Canada — 100% interest; metals: Copper, Zinc, Lead, Silver, Gold.
Project 2: Wilding Gold Project, central Newfoundland, Canada — adjacent to Equinox Gold's Valentine mine; metals: Gold.
Project 3: Satellite deposits (Lemarchant, Boomerang/Domino, Long Lake/Tulks, Daniels Pond/Bobby's Pond), Newfoundland, Canada; metals: Copper, Zinc, Gold.

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