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Canterra Minerals Starts Its 5,000m Fall Drill Program at the Wilding Gold Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2021) - Canterra Minerals Corpor...
About this update from Canterra Minerals Corporation
[{"type":"text","content":"Canterra Minerals Starts Its 5,000m Fall Drill Program at the Wilding Gold Project, NewfoundlandVancouver, British Columbia--(Newsfile Corp. - September 28, 2021) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (\"Canterra\" or the \"Company\") is pleased to announce the start of the 2021 fall drill program at the Wilding Gold Project (\"Wilding\"), Central Newfoundland. Wilding is located adjacent to Marathon Gold's Valentine Lake Project, directly northeast along the Valentine Lake Shear Zone (\"VLSZ\"), which hosts the Marathon, Leprechaun and Berry deposits. Drilling has commenced between the Elm and Alder zones using a single rig and is focused on testing for continuity between the two vein systems. Results from the summer drill program at Wilding returned a highlight intercept of 10.0 g/t Au over 5.3m at the Elm vein (see November 9 , 2020 news release) and 11.1 g/t Au over 0.5m at the Alder vein (see November 9 , 2020 news release).Key Points:5,000m of drilling is planned Drilling will target expansion of known gold mineralization in several zones, including Red Ochre, Elm, Alder and new discovery DogberrySeveral new targets generated from the summer exploration program along the VLSZ will be tested (see September 15, 2021 news release)Figure 1 - Planned locations of drill holes for the fall 2021 drill programTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/8054/97849_ce918223c4d93921_001full.jpg\"We are excited to have the drill now turning on Canterra's fall drill program at the Wilding Gold Project. The Valentine Lake Shear Zone, Red Ochre Complex and new discovery, Dogberry, offers our team many opportunities to make further discoveries. Drilling will focus on testing the VLSZ, hunting for that Marathon-style equivalent on our side of the shear zone and expanding the known gold mineralization at the existing zones.\" Stated Chris Pennimpede, President & CEO of Canterra, \"We look forward to the first tests of the VSLZ and continuing to make new discoveries at Wilding.\" VLSZ Targets:Recent targeting work based on interpretation of airborne geophysics and gold-in-till anomalies suggest that the continuation of the VLSZ occurs towards the northern edge of Wilding. The VLSZ controls the development of gold mineralization at the adjacent Valentine Lake Project...