Canterra Minerals Reports Highest Ever Gold Samples up to 535 g/t Au and Expands Mineralization at Wilding Gold Project, Newfoundland

Core Insights - Canterra Minerals Corporation announced significant prospecting results from its Wilding Gold Project, highlighting exceptional gold grades of 535 g/t Au, indicating a high-grade gold system and the project's potential as a district-scale project [1][3][4] Exploration Results - The highest gold sample recorded was 535 g/t Au, with additional notable samples of 169 g/t, 135 g/t, and 126 g/t Au, confirming the presence of high-grade mineralization [7] - New prospecting 14 km away from the core of the Wilding Gold Project at Noel Paul returned samples assaying up to 6.35 g/t Au, indicating that mineralization continues along the structural corridor [7] - Additional sampling at East Alder, located 10 km from the Noel Paul samples, revealed a 0.60 g/t Au grab sample, suggesting multiple mineralized zones across the property [7] Strategic Positioning - Canterra holds a commanding land position in the Central Newfoundland Mining District, with its Wilding Gold Project covering approximately 55 km of the same gold-bearing corridor as Equinox Gold's Valentine Mine [8][16] - The company also possesses assets near the past-producing Buchans Mine, which enhances its diversified portfolio in a top-tier mining jurisdiction [8][16] Exploration Techniques - Canterra is employing modern geochemical techniques to analyze pathfinder elements such as copper and arsenic, which help define broader halos around potential mineralized zones [5] - The discovery of significant gold at large step-outs of 4 km and 10 km from original discoveries suggests the potential for a continuous mineralization system across a large area [5]