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Canter Resources Receives NOI Approval and Exploration Well Permit for the Columbus Lithium-Boron Project

Permits & Approvals

CSE:CRC

OTC:CNRCF

FRA:601

www.CanterResources.com

[email protected]

Page 1 of 2

Canter Resources Receives NOI Approval

and Exploration Well Permit for the Columbus

Lithium-Boron Project

Vancouver, British Columbia, March 6, 2024 – Canter Resources Corp. (CSE:CRC | OTC:CNRCF

| FRA:601) (“Canter” or the “Company”) is pleased to report that the Company has received approval

from the Bureau of Land Management for its previously submitted Notice of Intent (NOI) (see press

release dated February 6, 2024). The Company has also received its permit from the Nevada Division

of Minerals for its initial exploration well at the Columbus Lithium -Boron Project (“Columbus”) located

near Tonopah, Nevada.

“With our permits and approved NOI in place at Columbus we have reached another key milestone and

are now in position to finalize our engagements with contractors and ramp up field activities, ” stated

Joness Lang, CEO of Canter . “ Our Phase I program will include further surface sampling, shallow

Geoprobe drilling and an initial exploration well as we take aim at delineating a significant lithium brine

resource in Nevada.”

These regulatory milestones pave the way for Canter to launch its Phase I exploration program, designed

to rapidly assess the lithium and boron mineral resource potential within the Columbus Basin. The low-

cost Geoprobe drilling will include 10 holes completed along pre-existing roads, efficiently testing for near-

surface lithium-bearing brines. Dirt work will commence concurrently with drill site preparation for the

Company’s first exploration well. The Company will provide additional updates shortly as contractors are

secured and field work commences.

Qualified Person (QP)

The technical information contained in this news release was reviewed and approved by Eric Saderholm

P.Geo, Director of Canter , a Qualified Person (QP), as defined under National Instrument 43 - 101 -

Standards of Disclosure for Mineral Projects.

About Canter Resources Corp.

Canter Resources Corp. is a Canadian junior mineral exploration company advancing the Columbus

Lithium-Boron Project in Nevada, USA, the Beaver Creek Lithium Property in Montana, USA, and the

Puzzle Lake Property in Saskatchewan, Canada. The Company is advancing a highly prospective lithium-

CSE:CRC

OTC:CNRCF

FRA:601

www.CanterResources.com

[email protected]

Page 2 of 2

brine target at its Columb us Project and plans to leverage the Company’s critical metals targeting

database to acquire additional high-quality projects with the aim of defining mineral resources that support

the domestic clean energy supply chain in North America.

For further information contact:

Joness Lang

Chief Executive Officer

Canter Resources Corp.

[email protected]

For investor inquiries contact:

Tel: 604.908.1695

[email protected]

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian

Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.