Canterra Intersects 7.73% Copper Equivalent Over 4.45 Metres at the Buchans Project, Newfoundland

Core Insights - Canterra Minerals Corporation announced significant step-out drilling results at its 100%-owned Buchans Project, reporting 7.73% Copper Equivalent (CuEq) over 4.45 metres, indicating high-grade mineralization potential [1][3][7] Drilling Results - The recent drilling program included three holes with step-outs of approximately 50 metres, successfully extending the Two Level Zone beyond the Lundberg resource [2][4] - Previous drilling in May 2025 intersected 5.97% CuEq over 5.35 metres, demonstrating continuity of high-grade mineralization [2][3] - The Two Level Zone's mineralized footprint has expanded to approximately 200 metres by 50 metres, showcasing high-grade, transported, breccia-hosted sulphide mineralization [4][7] Mineralization Analysis - Drilling results indicate that the stockwork zone remains open and continues to expand at depth toward the northwest, consistent with the Lundberg Resource [5][7] - The latest results confirm the potential for a larger and higher-grade system at Buchans, with evidence of strong and continuous mineralization [3][4] Future Plans - Canterra plans follow-up drilling to further test the continuity and extent of mineralization at the Two Level Zone as part of an ongoing 8,000-metre drill program [9]