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Canterra Minerals Expands Lundberg Footprint at Buchans Project

Created at 3 Jun · 10:27 AM1 source↑ Market-relevant
IN SHORT

Canterra Minerals has expanded its footprint at the Buchans Project in Newfoundland, reporting 57.15m of 0.57% CuEq and confirming a high-grade lens at the Two Level target with 4.34% CuEq over 1.65m. The company's winter drill program provided these highlights.

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Key Numbers

57.15minterval of 0.57% CuEq
0.57%copper equivalent grade
4.34%copper equivalent grade at Two Level target
1.65minterval at Two Level target

Who's Involved

Canterra Minerals
company reporting drill results at Buchans Project

↳ Why This Matters

These drill results indicate potential for expanded mineralisation and high-grade zones at the Buchans Project, which could impact Canterra Minerals' future resource estimates and project economics.

Key facts

  • Canterra Minerals expanded its footprint at the Buchans Project.
  • Drill program reported 57.15m of 0.57% CuEq.
  • High-grade lens confirmed at Two Level target: 4.34% CuEq over 1.65m.

Canterra Minerals has announced results from its winter drill program at the Buchans Project in Newfoundland, Canada. The company reported an expansion of its Lundberg footprint, with a significant interval of 57.15 meters grading 0.57% copper equivalent (CuEq). Additionally, Canterra confirmed a high-grade lens at the Two Level target, intersecting 1.65 meters assaying 4.34% CuEq. These results are part of the ongoing exploration and development efforts at the Buchans Project.

Frequently asked questions

The program yielded 57.15m of 0.57% CuEq and confirmed a high-grade lens at the Two Level target with 4.34% CuEq over 1.65m.

The Buchans Project is located in Newfoundland, Canada.

CuEq stands for copper equivalent, a measure used to express the combined value of different metals in a mineral deposit, typically based on their market prices and recovery rates.

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How It Developed

3 Jun · 10:04 AM
Canterra Minerals has expanded its Lundberg footprint at the Buchans Project, reporting 57.15m of 0.57% CuEq and confirming a high-grade lens at the Two Level target with 4.34% CuEq over 1.65m.
Financial Post via PiQSuite

Sources

T1
Canterra Minerals Expands Lundberg Footprint with 57.15m of 0.57% CuEq and Confirms High Grade lens at Two Level target with 4.34% CuEq over 1.65m at Buchans Project, Newfoundlandm.piqsuite.com

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