Canterra Minerals Extends Lundberg Deposit with 86m of 0.91% CuEq at Buchans Project, Newfoundland

Core Insights - Canterra Minerals Corporation announced positive drill results from its 2025 program at the Buchans Project, confirming the extension of mineralization at the Lundberg Deposit and validating new deep-seeking 3DIP targets across the district [1][2][4] Drill Program Highlights - The 2025 drill results confirm the depth continuity of the Lundberg system, supporting potential resource expansion within one of the highest-grade historic Volcanogenic Massive Sulphide (VMS) camps [2][4] - A fully funded winter 2026 drill program is now underway, focusing on step-out and discovery drilling to generate catalysts throughout the year [2][4] Lundberg Deposit Findings - Hole H-25-3542 extended mineralization by 86.0 meters, grading 0.91% CuEq, reaching 75-100 meters below the previously defined resource limit [6][10] - High-grade sub-intervals were identified, including 6.0 meters at 3.43% CuEq and 22.0 meters at 1.21% CuEq, indicating significant thickness and grade continuity [6][10] - Additional drilling (H-25-3553) confirmed lateral continuity with 7.0 meters grading 0.47% CuEq, further extending the system [11][12] Clementine and Other Prospects - The Clementine prospect showed continued mineralization down plunge with hole H-25-3552 intersecting 3.45 meters grading 1.09% CuEq [12][16] - A strategic land expansion of 13.5 km² was completed, increasing the project area to 106 km² and opening new targets for follow-up drilling [6][16] 2026 Winter Drill Program - The 2026 winter drill program is focused on high-conviction targets, leveraging the established infrastructure of the historic mining district for cost-efficient drilling [14][16] - Results from this campaign are expected to provide a steady flow of exploration catalysts throughout 2026 [14][16]