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Canterra Minerals Completes First Phase of Drilling in 2022 on its Wilding Gold Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2022) - Canterra Minerals Corporation...
About this update from Canterra Minerals Corporation
[{"type":"text","content":"Canterra Minerals Completes First Phase of Drilling in 2022 on its Wilding Gold Project, NewfoundlandVancouver, British Columbia--(Newsfile Corp. - July 12, 2022) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (\"Canterra\" or the \"Company\") is pleased to provide an update to its recently completed drill program at its wholly owned Wilding Lake Gold Project (\"Wilding\") in Central Newfoundland, Canada. A total of 18 diamond drill holes totaling 3,476 metres were drilled across several new targets in the first phase of 2022 drilling. Assay results are pending for all drill holes.Highlights:3,476 metres completed in 18 drill holes at Wilding;9 holes totaling 1,805 metres on two previously untested targets in the western portion of the Wilding Property, ~3 kilometres along strike from known mineralization; Two holes totaling 382 metres testing continuity of Red Ochre mineralization ~800 metres to the southwest;Four holes totaling 797 metres testing continuity between Red Oche and Dogberry, both significant known zones of gold mineralization; andThree holes totaling 492 metres of additional drilling at Dogberry, where previous drilling intersected 11.0 g/t Au over 0.3m in hole WL-21-45.Cooper Quinn, President of Canterra, commented, \"We're pleased to complete this drilling, which targeted several areas on the previously unexplored western portion of the Wilding property. This area was almost completely unexplored until a 2021 soil geochemistry program generated several anomalies along the known structures that host mineralization. Additionally, the Red Ochre Zone has produced broad intervals of near surface gold mineralization, and the recently completed drilling has stepped out along strike to the southwest from this zone. Working to connect the important Red Ochre Zone to the drill intercepts at Dogberry, ~2 kilometres away along strike to the northeast, is exciting and I'm looking forward to seeing results from this, along with the rest of the drilling. Over the summer, Canterra is also moving ahead with regional scale work at Noel Paul and the recently acquired ground, where there is great opportunity for new discoveries.\" Drilling UpdateThe completed 2022 drilling program was aimed at testing several new targets on the previously unexplored western portion of the property, where multiple target areas were ident...