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Canterra Minerals Identifies New Drill Targets and Completes Till Sampling Program at the Wilding Gold Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2021) - Canterra Minerals Corpor...
About this update from Canterra Minerals Corporation
[{"type":"text","content":"Canterra Minerals Identifies New Drill Targets and Completes Till Sampling Program at the Wilding Gold Project, NewfoundlandVancouver, British Columbia--(Newsfile Corp. - September 15, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (\"Canterra\" or the \"Company\") is pleased to announce the definition of several new drill targets stemming from the results of the summer 2021 exploration program at the Wilding Gold project (\"Wilding\"). Canterra now looks towards the start of its fall drill program to test these new targets.Highlights:Surface rock and trench sampling has identified new drill targets in the vicinity the Red Ochre and Elm gold zonesSix grab samples collected approximately 175 m northeast of the Elm Zone assayed between 0.06 g/t Au and 4.61 g/t AuAt Red Ochre, grab and trench samples outline two clusters of gold mineralization, with values up to 0.8 g/t Au, located approximately 130 m to the south and 200 m to the southwest of the main Red Ochre Zone Initial assay results from till sampling has identified a new gold target in the northeast of Wilding with two samples returning 113 and 134 ppb Au and nine samples assaying greater than 20 ppb Au 4 new drill targets identified through mapping and geophysical interpretation in combination with ground truthing over the summer\"Our summer exploration program has been critical for evaluating the prospectivity of the Wilding and Noel-Paul projects. Prospecting and trenching around the Red Ochre target has showed that gold mineralization is extensive within the volcanic units, with gold grades within the broader Red Ochre target area in the same order of magnitude as those from the original Red Ochre discovery trench. We now have clear drill targets that will aim to expand the Red Ochre Zone this fall,\" stated Chris Pennimpede, President & CEO of Canterra.Canterra Minerals will host a live webinar with Adelaide Capital September 20, 2021:https://us02web.zoom.us/webinar/register/WN_oRoxv8JCSSqGHJdqmY-d3gRed Ochre and Elm Zone TargetsTrenching at Red Ochre has identified strongly altered and mineralized feldspar porphyry with channel samples one metre in length returning up to 0.8 g/t Au. This trench extends known Red Ochre mineralization 130m southwest of the original 2017 discovery trench. Prospecting of high priority targets outlined by GoldSpot Disc...