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Canter Resources Reports Additional Lithium and Boron Brine Results from Shallow Drilling
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is ple
About this update from Canter Resources Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) (\"Canter\" or the \"Company\") is pleased to report additional brine assay results from the Company's completed 15-hole Phase I shallow Geoprobe drill program at its Columbus Lithium-Boron Project (\"Columbus\" or the \"Project\"), located near Tonopah, Nevada. The Company has now received all brine assays corresponding to its Phase I program with clay assay results pending for nine (9) holes. Brine Assay Highlights & Takeaways: Highest Grades to Date: The latest brine assay results include the highest boron (\"B\") and lithium (\"Li\") values from Phase I, with total concentrations up to 3,140 mg/L B and 76.4 mg/L Li (see Summary of Results section for analysis and interpretations). Consistent Brine Aquifers: Two shallow aquifer horizons (<100 feet (\"ft\") / 30.5 metres (\"m\")) were intersected at similar depths in most of the drill holes (see Figures 1-2). Boron Grades Increasing with Depth: The six (6) new assay results at depths > 55 ft (16.8 m) in the central grid of drill holes averaged 558 mg/L B, with two 651 mg/L B samples collected at 86 ft (26.2 m) and 93 ft (28.3 m), respectively (see Figure 2). Significant Lateral Extent: Higher grade boron and lithium-enriched brines were encountered in drilling located more than five (5) kilometres (\"km\") west of the central grid, demonstrating the potential for lateral continuity of individual aquifer horizons and widespread mineralization. Geochemical & Geological Model: Dynamic geochemical system in which boron preferentially precipitates in shallow zones, with the primary target zones for significant lithium concentrations remaining at greater depths in deeper aquifers and structural traps. \"The latest brine results from this shallow interval have provided us with valuable geochemical data for our 3D model and deeper targeting, while consistently intersecting shallow aquifer zones and demonstrating the multi-commodity upside at Columbus,\" stated Canter CEO, Joness Lang. \"The exceptional boron grades near surface show significant mineral resource potential in the upper levels of the system and the increasing downhole lithium concentrations further support our model and deeper drilling plans. We look forward to receiving the clay re...