Canterra Minerals · TSXV:CTM
Canterra Minerals — Investor Presentation (September 2024)
20 slides from Canterra Minerals's investor presentation, Sep 5, 2024
Slide 1: District Scale Critical Minerals Exploration
District Scale Critical Minerals Exploration Newfoundland, Canada Q3 2024 TSX.V: CTM OTCQB: CTMCF www.canterraminerals.com
Slide 2: Forward Looking Statements & Disclosures
Forward Looking Statements & Disclosures TSXV:CTM This presentation was prepared by management of Canterra Minerals Corporation (“Canterra” or the “Company”). The information contained in this presentation (a) is provided as at the date hereof, (b) does not purport to contain all the information tha
Slide 3: Resource Disclosures
Resource Disclosures Lundberg Mineral Resource Estimate is based on $20 US/t NSR cutoff from the technical report entitled “NI 43-101 Technical Report and Mineral Resource Estimate on the Lundberg Deposit, Buchans Area, Newfoundland and Labrador, Canada”, and dated April 15, 2019, was prepared by: M
Slide 4: Management and Board of Directors
Management and Board of Directors Chris Pennimpede, P.Geo Paul Moore, P.Geo, M.Sc Joanne Kearney, B.Sc, CEO and Director VP Exploration Director • 17 years of exploration experience • More than 30 years of exploration • 20 years experience advising • Underworld/Kinross experience focused in Eastern
Slide 5: Capital Structure
Capital Structure 1 Basic Shares Outstanding BasicOwnership Basic Share Share Ownership Canterra Shares Outstanding M 302.1 Shares Outstanding M 302.1 Fully Diluted Shares Outstanding Basic Shares Outstanding M 302.1 Options - Expiry Strike # mm 2026-03-19 $0.34 1.9 2026-10-18 $0.31 2.1 2028-05-11 $
Slide 6: Comparable VMS Explorers and Developers
Comparable VMS Explorers and Developers Contained Tonnage (M&I – million tonnes) and Copper Equivalent Grade (%) (1) 39.1MT 35.7MT 23.4MT 22.8MT 18.9MT 14.1MT 7.0MT 4.7MT 3.4MT 2.7MT 0.9MT 2.9% 3.6% 2.1% 2.8% 2.1% 5.3% 2.3% 6.2% 3.4% 3.3% 2% Benton Wolfden Callinex Mines American Abitibi Metals Emer
Slide 7: Buchans Mine regional map
uchans Mine a & 0 25 50 km : oe Lal e 5 ine (Construction) “< Mine Valentine Lake Shear Zone Canterra Minerals AuMega Metals Calibre Teck Resources Eldorado Gold (Tru Option)
Slide 8: Major Players
Major Players TSXV:CTM Wilding Golden Rose Valentine Mine (5Moz) Cape Ray Deposit (849koz) 8
Slide 9: Consolidation of Resources in a Prolific Mining District
Consolidation of Resources in a Prolific Mining District TSXV:CTM • District scale land package of over 518 km2 Little Sandy • Road access, excellent Lundberg Deposit (High grade Cu) infrastructure, friendly (16Mt Zn-Cu) jurisdiction • 7 resource stage projects Victoria Duck Pond Mine (5Mt Zn-Cu) co
Slide 10: Recent Exploration Results Central NL Mining District
Recent Exploration Results Central NL Mining District TSXV:CTM Filed resource report 16 Mt 18.65% Cu, 6.8% Cu Rock Samples 28 m @ 1.19 g/t Au, Gravity survey 67.9 g/t Ag, 0.48% Cu, identified extensions 5.42% Zn, 1.33% Pb to massive sulfide mineralization Gravity survey identified extensions to mass
Slide 11: BUCHANS
BUCHANS 11
Slide 12: Buchans Project – Undeveloped and Historical Deposits
Buchans Project – Undeveloped and Historical Deposits MacLean Transported - 3.6 Mt -1.1% Cu, 7.5% Pb, 13.5% Zn, 118 g/t Ag & 0.9 g/t Au (mined) Rothmere Transported - 3.5 Mt -1.16% Cu, 7.72% Pb, 12.74% Zn, 154.0 g/t Ag & 1.96 g/t Au (mined) Oriental In situ – some transported - 3.3 Mt -1.47% Cu, 7.9
Slide 13: Lundberg Resource
Lundberg Resource (3D oblique section view) Highlights Optimized pit Optimized • Substantial Metal Inventory NSR(US$/t) Pit Shell **Section line • Near-surface potential open pit $20-$30 US/t (white line) development $30-$40 US/t • Opportunities to expand resource include metal pricing & adjacent hi
Slide 14: Buchans Project – Geological Model
Buchans Project – Geological Model Target Mineralization in situ ore massive sulphides 1. In situ mineralization - massive (25-28% Zn-Pb-Cu) sulphides (48% of ore mined) 2. Transported mineralization - collapse of Lucky Strike in situ source and is an indication of nearby in situ source (adjacent ~4
Slide 15: Buchans Exploration
Buchans Exploration • High Potential Exploration Areas to find In-Situ Source and Transported ores displaced along McLean-Lucky Strike Trend • Minimal to no drilling at depth and outside of mined ore zones Two Level (High Grade-Transported Ore) 1.0 m@ 14.83% CBM - 1.26% Cu, 4.87% Pb, 8.70% Zn, 133.2
Slide 16: Buchans Project – Exploration
Buchans Project – Exploration Middle Branch Two Level Historical Intercept Intersections Buchans North (in situ) - 1.8 m - 0.4% Cu, 3.1% Pb, 4.8% -1.8 m @ 9.48% CBM - 0.76% Cu, 3.15% Intersections Zn, 48 g/t Ag & 0.7 g/t Au Pb, 5.57% Zn, 90.5 g/t Ag & 0.37 g/t Au - 0.3m @15.50% Cu, 1.85% Pb, 5.80% Z
Slide 17: Big Data Mining – Exploring for New High-Grade Deposits
Big Data Mining – Exploring for New High-Grade Deposits • ~3500 Holes – 395,000 m of historical drilling • 188 holes (~40,250m) drilled since 2007 • ~190,000m of core relogged across 935 holes between 2013- 2022 Buchans Core Library – core dating back ASARCO Archive – 2800 Scans to the 1920s TSX.V:
Slide 18: Timelines & Catalysts
Timelines & Catalysts • Phase 2 Drill Program at Buchans • Buchans Drilling Results • Phase 1 Drill • Boomerang program at Geophysical re- Boomerang interpretation, drill target • Property Wide generation Greenfields exploration starts Q3 2024 Q1 2025 Q4 2024 Q2 2025 • AI driven target • Target gene
Slide 19: Global Resources
Global Resources 1) See Resource Disclosures 2) Precious Metals only TSX.V: CTM OTCQB: CTMCF www.canterraminerals.com www.canterraminerals.com 19
Slide 20: Wilding Gold Project
Wilding Gold Project Elm 5m @ 10 g/t 4.6m @ 49.3 g/t Soil targets along VLSZ Channel sampling Alder 1m @ 88 g/t Red Ochre 11m @ 1.5 g/t 17m @ 1.0 g/t 20
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