Canter Resources Selects Cascade for Shallow Geoprobe Drilling at Columbus
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Canter Resources Selects Cascade for
Shallow Geoprobe Drilling at Columbus
Vancouver, British Columbia, March 27, 2024 – Canter Resources Corp. (CSE:CRC | OTC:CNRCF
| FRA:6O1) (“Canter” or the “Company”) is pleased to report that the Company has selected Cascade
Drilling L.P. to complete shallow Geoprobe drilling at the Columbus Lithium-Boron Project (“Columbus”
or the “Project”), located near Tonopah, Nevada.
The Company has received permits from the Nevada Division of Minerals for 10 planned Geoprobe
drillholes that will be completed along pre -existing N-S and E -W gravel roads that cut through priority
target areas at the Project. The Geoprobe drill campaign has been designed to collect both sediment and
water samples from depths ranging between 3-30 metres (approximately 10-100 feet) below surface.
“The shallow Geoprobe program compliments our upcoming exploration well drilling as part of Phase I
work and will provide us with another valuable dataset at Columbus,” stated Joness Lang, CEO of Canter
Resources. “Our primary lithium -enriched aquifer targ ets are at more moderate depths; however, this
highly conductive upper interval is intriguing and if our first phase of Geoprobe drilling is successful we
will consider shallow grid drilling to define the extent of near-surface mineralization.”
Figure 1: Section view (3D model slice) of HSAMT modeling with Geoprobe and initial exploration well
locations shown. A total of 10 Geoprobe drill holes are expected to be completed in Phase I.
Geoprobe drilling is a well -recognized low -impact and low -cost method for near -surface analysis. In
addition to characterizing the interpreted shallow brine generation layer, the Geoprobe drilling will provide
more structural and geochemical data from 15 -45 m depths that will further inform the Company’s
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geological model . Cascade Drilling L.P. , a leading field services provider of environmental and
geotechnical drilling, is set to mobilize to site in the coming weeks once sites are flagged in the field and
final preparations are completed.
Corporate Update
After further evaluation, the Company has decided not to proceed with further expenditures or option
payments to Eagle Plains Resources Ltd. relating to the Puzzle Lake Project in Saskatchewan and
accordingly the Option Agreement on the Puzzle Lake Project will be terminated.
Qualified Person (QP)
The technical information contained in this news release was reviewed and approved by Eric Saderholm
P.Geo, Director and Technical Advisor of Canter Resources, 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 and the Beaver Creek Lithium Property in Montana, USA . The
Company is preparing for a Phase I drill campaign at Columbus to test a highly prospective lithium-brine
target and plans to leverage the Company’s critical metals targeting database to generate a portfolio of
high-quality projects with the aim of defi ning 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.
For investor inquiries contact:
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Kristina Pillon, High Tide Consulting Corp.
Tel: 604.908.1695
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.