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Canterra Minerals Doubles its Land Position on the Rogerson Lake Structural Corridor, Newfoundland
Highlights Increased the land position along the Rogerson Lake Structural Corridor from 104km2 to 236km2, consolidating license holdings between the Wilding and
About this update from Canterra Minerals Corporation
[{"type":"text","content":" Highlights Increased the land position along the Rogerson Lake Structural Corridor from 104km2 to 236km2, consolidating license holdings between the Wilding and Noel-Paul blocks An increase of 127% in area along the structural corridor which hosts Marathon Gold’s Valentine Lake deposits, Matador Mining’s Cape Ray deposit, Sokoman’s Moosehead discovery and Tru Precious Metals’ Golden Rose and Twilight gold discoveries The staking covers an additional 20km of strike length along the northeastern extension of the Rogerson Structural Corridor and the potential extension of gold-bearing structures within the corridor including historic grab samples of up to 19.7 g/t Au Currently consolidating all historical work completed over this area to plan the exploration strategy for 2021 VANCOUVER, British Columbia, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Canterra Minerals Corporation (TSXV:CTM)(OTC Pink: CTMCF) (“Canterra” or the “Company”) is pleased to announce that it has doubled its land holdings in central Newfoundland, along the Rogerson Lake Structural Corridor from 104km2 to 236km2 through staking. Canterra has staked nine new licenses totaling 527 mineral claims (132km2) covering an additional 20km of the northeastern strike-extension of the Rogerson Lake Structural Corridor, which hosts Marathon Gold’s Valentine Lake deposits, Matador Mining’s Cape Ray deposit, Sokoman’s Moosehead discovery and Tru Precious Metals’ Golden Rose and Twilight discoveries. These licenses were added to include several gold-in-soil anomalies, identified by previous exploration, that were not followed up on. Noel-Paul Block: The expansion of the Noel-Paul block covers the northeastern strike-extension of the Rogerson Lake Structural Corridor and is underlain by the same geological units that underlie the Wilding gold project and Marathon Gold’s Valentine Lake gold project. Previous explorers carried out reconnaissance soil sampling that identified several gold-in-soil anomalies, none of which were followed up on. The Noel-Paul block is also underlain by Cambro-Ordovician volcanic rocks which have significant potential to host massive sulphide (Cu-Pb-Zn-Ag-Au) deposits similar to the former Duck Pond Mine operated by Teck from 2007 - 2015. The former Duck Pond Mine is located 2km immediately north of the Noel-Paul block. On the Noel Paul Block prospecting by pre...