Vancouver, B.C. (December 30, 2024) – Canterra Minerals Corporation (TSXV:CTM) (OTCQB: CTMCF) (“Canterra” or the “Company”) is pleased to provide a comprehensive summary of significant achievements in 2024 for the Company’s VMS projects within the Central Newfoundland Mining District. Excluding the Lundberg deposit, these projects contain six additional satellite deposits, each of which host historical mineral resource estimates with significant potential for the discovery of additional resources at depth as well as elsewhere within the Company’s ~518 square kilometre (“km2”) Central Newfoundland Mining District land holdings (Figure 1) in Newfoundland and Labrador, Canada.

Q1 2024

Completed an 1,800 m maiden drill program at the Company’s resource-stage Lemarchant critical minerals project (February 29, 2024 news release)
highlights included 28 m (core length) averaging 1.19 g/t Au, 67.9 g/t Ag, 0.48% Cu, 5.42% Zn, 1.33% Pb. (April 16, 2024 news release)
The maiden drill program results will pave the path for additional resource growth
Q2 2024

Formation of a technical advisory committee with notable VMS experts (March 18, 2024 news release)
Reported prospecting results from its Victoria Project yielding 18.65% and 6.8% copper in grab samples highlighting the high-grade nature of this VMS prospect (April 22, 2024 news release)
Announced the results from gravity surveys conducted on its Long Lake and Tulks East projects with future drill targets identified ( April 29, 2024 news release)
Filed the mineral resource estimate for the Buchans Project; the largest and most advanced copper-zinc-lead deposit within the Central Newfoundland Mining District (June 4, 2024 news release)
Closed a $1.5M private placement (June 27, 2024 news release)

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https://canterraminerals.com/news-releases/canterra-minerals-provides-end-of-year-update-on-its-newfoundland-critical-minerals-projects/