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Canterra completes winter drilling and starts geophysical survey in Newfoundland gold and critical minerals projects

Market News
12 May 2026
GlobeNewsWire
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Bullish
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Canterra Minerals has finished its winter diamond drilling program with 8 holes totaling 2,386 meters at the Buchans Critical Minerals Project in Central Newfoundland, with assay results expected in Q2 2026. Concurrently, the company began a high-resolution airborne magnetic survey and completed 181 basal till percussion holes at its Wilding Gold Project, which lies along the same structural corridor as Equinox Gold's Valentine Mine. These efforts aim to identify new drill targets and expand known mineral resources, with further drilling planned for the second half of 2026. The results will help define the potential for gold and critical minerals in the region, supporting Canterra's strategy to advance its projects and unlock new discoveries.

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