Canterra Minerals (CTM.V) released the assay results of an extension of hole H25-3542, which now extended the known Lundberg resource mineralization 75-100 meters below the previously defined resource limit. The extended mineralization is related to the recent assay results that returned 86 meters of 0.91% copper-equivalent (consisting of 0.36% copper, 1.19% zinc, 0.69% lead, 4.2 g/t silver and 0.05 g/t gold) which includes a higher grade portion with 6 meters of 3.43% copper-equivalent (including 1.42% copper).
The entire hole H-25-2542 was important for Canterra as that same hole also intersected the Two Level Horizon (the 4.45 meters of 7.73% copper-equivalent, including 1.11% copper) was confirmed, and clearly demonstrates the mineralization at Lundberg remains open at depth. Step-out holes also confirmed the lateral continuity, confirming Lundberg remains an ‘expandable system’ within the Buchans critical minerals camp.
Canterra also highlighted the results from the Clementine, Sandfill and Nu Target prospects in the bullet points below:
The focus is now shifting towards the 2026 drill program as the fully-funded drill program has commenced and will follow up on high-priority 3D IP anomalies at Sandfill and West Clementine, while the drill bit will continue to test the lateral continuity and the mineralization at depth at the Two Level – Lundberg mineralized system.
Disclosure: The author has no position in Canterra Minerals. Canterra is a sponsor of the website. This post is for educational purposes only; be mindful investing in junior mining stocks is risky and you may lose your entire investment if things go wrong. Please read the disclaimer.
