Canterra Minerals Expands Newfoundland Exploration Portfolio with Strategic Staking of Seal Pond Massive Sulfide Prospect

Core Viewpoint - Canterra Minerals Corporation has strategically staked 19 mineral claims covering the Seal Pond Volcanogenic Massive Sulfide (VMS) prospect in central Newfoundland, expanding its exploration portfolio in a proven mining jurisdiction [1][3]. Exploration and Acquisition - The newly acquired claims cover an area of 5 km² and are located 20 km east of Canterra's Buchans project, which is known for its high-grade VMS deposits [1][3]. - This acquisition is part of Canterra's strategy to consolidate the Buchans group rocks and enhance the potential for discovering new high-grade critical minerals [3][4]. Geological Significance - The Seal Pond prospect is associated with volcanic rocks of the Mary March Group, which are correlated with productive rocks of the Buchans Group, known for several high-grade VMS occurrences [4]. - Historical drilling results from the prospect have shown significant mineralization, including intervals grading 2.84% Zn and 1.22% Cu [4][5]. Future Plans - Canterra has initiated a comprehensive review of historical exploration data and plans to conduct follow-up field programs to identify drill targets and advance the Seal Pond prospect towards significant new deposits [6]. Corporate Context - Canterra Minerals is focused on critical minerals and gold exploration in central Newfoundland, with a portfolio that includes six mineral deposits near the historic Buchans mine and Teck Resources' Duck Pond mine [11]. - The company acknowledges potential financial support from the Junior Exploration Assistance Program for its 2025 exploration initiatives [7].