Canter Resources Receives Approval of Amended Notice of Intent, Clearing Path for Expanded Drilling at the Columbus Lithium-Boron Project
Canter Resources Corp (CSE: CRC) (OTC: CNRCF) has received Bureau of Land Management approval for its amended Notice of Intent, enabling an expanded drilling program at the Columbus Lithium-Boron Project in Nevada. The program targets deeper lithium-boron mineralization in the Columbus Basin.
The newly permitted drill sites were strategically selected based on three key factors:
- Deep structural traps in down-dropped fault blocks and paleo-depressions
- Hydrothermal influence and fault-controlled migration supporting potential lithium-rich fluids
- Previous surface sampling showing elevated boron and lithium values
The company has gravel stockpiled for drill pad work and is finalizing logistics while advancing discussions with potential strategic partners to expand the next drilling phase.
Canter Resources Corp (CSE: CRC) (OTC: CNRCF) ha ricevuto l'approvazione del Bureau of Land Management per la sua Notifica di Intento modificata, che consente un programma di perforazione ampliato presso il Columbus Lithium-Boron Project in Nevada. Il programma mira a mineralizzazioni di litio-boro più profonde nella Columbus Basin.
I nuovi siti di perforazione autorizzati sono stati selezionati strategicamente in base a tre fattori chiave:
- Trappole strutturali profonde in blocchi di faglia abbassati e paleo-depressioni
- Influenza idrotermale e migrazione controllata da faglie che supportano potenziali fluidi ricchi di litio
- Campionamenti superficiali precedenti che mostrano valori elevati di boro e litio
L'azienda ha accumulato ghiaia per il lavoro sui piazzali di perforazione e sta finalizzando la logistica mentre avanza le discussioni con potenziali partner strategici per espandere la prossima fase di perforazione.
Canter Resources Corp (CSE: CRC) (OTC: CNRCF) ha recibido la aprobación de la Oficina de Administración de Tierras para su Notificación de Intención enmendada, lo que permite un programa de perforación ampliado en el Columbus Lithium-Boron Project en Nevada. El programa se enfoca en la mineralización de litio-boro más profunda en la Cuenca de Columbus.
Los nuevos sitios de perforación autorizados fueron seleccionados estratégicamente en base a tres factores clave:
- Trampas estructurales profundas en bloques de falla hundidos y paleo-depresiones
- Influencia hidrotermal y migración controlada por fallas que apoyan fluidos potencialmente ricos en litio
- Muestreos superficiales previos que muestran valores elevados de boro y litio
La empresa ha acumulado grava para el trabajo en las plataformas de perforación y está finalizando la logística mientras avanza en las discusiones con posibles socios estratégicos para expandir la próxima fase de perforación.
Canter Resources Corp (CSE: CRC) (OTC: CNRCF)는 수정된 의도 통지에 대한 미국 내무부의 승인을 받았으며, 이는 네바다의 Columbus Lithium-Boron Project에서 확장된 시추 프로그램을 가능하게 합니다. 이 프로그램은 Columbus Basin에서 더 깊은 리튬-붕소 광물화를 목표로 하고 있습니다.
새로 허가된 시추 사이트는 세 가지 주요 요소를 기반으로 전략적으로 선택되었습니다:
- 하강 단층 블록과 고대 우울증에서의 깊은 구조적 함정
- 잠재적인 리튬이 풍부한 유체를 지원하는 열수 영향과 단층 제어 이동
- 이전 표면 샘플링에서 나타난 높은 붕소 및 리튬 값
회사는 시추 패드 작업을 위한 자갈을 쌓아두었으며, 다음 시추 단계를 확장하기 위해 잠재적 전략적 파트너와의 논의를 진행하면서 물류를 마무리하고 있습니다.
Canter Resources Corp (CSE: CRC) (OTC: CNRCF) a reçu l'approbation du Bureau de la gestion des terres pour son avis d'intention modifié, permettant un programme de forage élargi au Columbus Lithium-Boron Project dans le Nevada. Le programme vise la minéralisation de lithium-bore plus profonde dans le bassin de Columbus.
Les nouveaux sites de forage autorisés ont été sélectionnés stratégiquement en fonction de trois facteurs clés :
- Pièges structuraux profonds dans des blocs de faille abaissés et des paléo-dépressions
- Influence hydrothermale et migration contrôlée par des failles soutenant des fluides potentiellement riches en lithium
- Échantillonnages de surface précédents montrant des valeurs élevées de bore et de lithium
L'entreprise a stocké du gravier pour les travaux de plateforme de forage et finalise la logistique tout en avançant dans les discussions avec des partenaires stratégiques potentiels pour étendre la prochaine phase de forage.
Canter Resources Corp (CSE: CRC) (OTC: CNRCF) hat die Genehmigung des Bureau of Land Management für seine geänderte Absichtserklärung erhalten, die ein erweitertes Bohrprogramm im Columbus Lithium-Boron Project in Nevada ermöglicht. Das Programm zielt auf tiefere Lithium-Bor-Mineralisierung in der Columbus Basin ab.
Die neu genehmigten Bohrstandorte wurden strategisch basierend auf drei Schlüsselfaktoren ausgewählt:
- Tiefe strukturelle Fallen in abgesenkten Verwerfungsblöcken und Paläodepressionen
- Hydrothermale Einflüsse und verwerfungsbedingte Migration, die potenziell lithiumreiche Flüssigkeiten unterstützen
- Frühere Oberflächenproben, die erhöhte Bor- und Lithiumwerte zeigen
Das Unternehmen hat Kies für die Bohrplattformarbeiten aufgeschichtet und finalisiert die Logistik, während es die Gespräche mit potenziellen strategischen Partnern vorantreibt, um die nächste Bohrphase zu erweitern.
- BLM approval enables expanded drilling program execution
- Strategic drill sites selected based on promising geological indicators
- Advanced preparation with stockpiled materials for drill pads
- Ongoing discussions with potential strategic partners for program expansion
- None.
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2025) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to announce that the Bureau of Land Management (BLM) has approved the Company's amended Notice of Intent (NOI) for exploration plans at the Columbus Lithium-Boron Project in Nevada. This approval provides the necessary authorization for the Company to execute an expanded drilling program targeting deeper and more extensive lithium-boron mineralization (see press releases dated February 13th, March 4th and Figure 1).
The Columbus Basin represents a highly prospective setting for lithium-boron brine accumulation, where structural controls and stratigraphic variations play a critical role in fluid migration and mineral deposition. The Company's refined exploration model focuses on key structural features, including fault-bounded sub-basins, permeability contrasts, and lithologic traps that may serve as brine reservoirs. The updated NOI allows the Company to test previously unassessed deeper targets where geophysical and geochemical data suggest the potential for enriched lithium and boron concentrations.
Targeting High-Potential Structural Traps
The newly permitted drill sites have been strategically selected based on:
Deep Structural Traps - Interpretation of basin architecture suggests that lithium-bearing fluids may be concentrating in down-dropped fault blocks and paleo-depressions, where stratigraphic sealing mechanisms help preserve brine accumulations.
Hydrothermal Influence & Fault-Controlled Migration - Geothermal activity and structural conduits within the basin supporting potential for mobilized lithium-rich fluids, concentrating mineralization within lower-permeability stratigraphic horizons.
Salinity & Boron Indicators - Previous surface and shallow subsurface sampling have identified elevated boron and lithium values, indicative of brine transport pathways linked to deeper reservoir potential.
Figure 1: Permitted drill site locations on HSAMT base map highlighting the large volume of conductive material (<1 ohm prospective for brine formation) and interpreted structure.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10112/247462_c855e1d0d440fa6e_001full.jpg
The Company has gravel stockpiled at site for drill pad work and is engaging with contractors and finalizing logistics for drilling, while concurrently advancing discussions with potential strategic partners with a view towards expanding and accelerating the scope of work during the next phase of drilling.
Historical Data
The results from drilling completed by previous operators are historical in nature and the Company is only treating this information as relevant from a targeting perspective. Historical data from the newly acquired ground has been incorporated into the Company's 3D model and used to support drill targeting, which is expected to include a drill hole in the vicinity of CSM17-01.
About Canter Resources Corp.
Canter Resources Corp. is a junior mineral exploration company advancing the Columbus Lithium-Boron Project and the Railroad Valley (RV) Lithium-Boron Project in Nevada, USA. The Company is completing a phased drilling approach at Columbus to test highly prospective brine targets at varying depths for lithium-boron enrichment and plans to leverage the Company's critical metals targeting database to generate a portfolio of high-quality projects with the aim of defining mineral resources that support the technology and domestic clean energy supply chains in North America.
On behalf of the Board of Directors.
For further information contact:
Joness Lang
Chief Executive Officer
Canter Resources Corp.
Tel: 778.382.1193
jlang@canterresources.com
For investor inquiries contact:
Kristina Pillon, High Tide Consulting Corp.
Tel: 604.908.1695
investors@canterresources.com
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.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's plans for the Project and the payments related thereto, the issuance of the Consideration Shares and the Company's expected exploration activities.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247462
FAQ
What is the significance of BLM's approval for CNRCF's Columbus Project drilling program?
What are the key geological features CNRCF is targeting in the Columbus Basin?
How is CNRCF preparing for the upcoming drilling program at Columbus?
What historical data is CNRCF using for the Columbus Project?
