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An announcement from Canterra Minerals ( (TSE:CTM) ) is now available.
Canterra Minerals Corporation has commenced its 2025 drilling program at the Buchans Project in Newfoundland, aiming to explore and expand mineral resources at the Pumphouse and Lundberg sites. This initiative is part of a phased approach involving up to 10,000 meters of diamond drilling, which is expected to enhance the company’s resource base and potentially lead to new discoveries, strengthening Canterra’s position in the mining sector.
More about Canterra Minerals
Canterra Minerals Corporation operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in advancing its Buchans Project in the Central Newfoundland Mining District, which is known for its high-grade volcanogenic massive sulphide (VMS) deposits.
YTD Price Performance: -20.0%
Average Trading Volume: 206,876
Technical Sentiment Signal: Hold
Current Market Cap: C$27.47M
Learn more about CTM stock on TipRanks’ Stock Analysis page.