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Canter Submits Amended Notice of Intent for Columbus Lithium-Boron Project to Bureau of Land Management

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Canter Resources Corp (CSE: CRC) (OTC: CNRCF) has submitted an amended Notice of Intent (NOI) to the Bureau of Land Management for its Columbus Lithium-Boron Project. The amendment expands drill sites identified through geochemical sampling, shallow drilling, and 3D modeling following two phases of project consolidation.

The company completed gravel stockpiling in 2024 for drill pad preparation and awaits BLM response in the coming weeks. This submission represents a important step in advancing the exploration of lithium and boron brine targets at the Columbus project. The technical aspects were reviewed and approved by Eric Saderholm P.Geo, Director and Technical Advisor, who serves as the Qualified Person under National Instrument 43-101.

Canter Resources Corp (CSE: CRC) (OTC: CNRCF) ha presentato un avviso di intenti (NOI) modificato al Bureau of Land Management per il suo Columbus Lithium-Boron Project. La modifica amplia i siti di perforazione identificati attraverso campionamenti geochimici, perforazioni superficiali e modellazione 3D, dopo due fasi di consolidamento del progetto.

L'azienda ha completato l'accumulo di ghiaia nel 2024 per la preparazione delle piattaforme di perforazione e attende una risposta dal BLM nelle prossime settimane. Questa presentazione rappresenta un passo importante per avanzare nell'esplorazione di obiettivi di salamoia di litio e boro nel progetto Columbus. Gli aspetti tecnici sono stati esaminati e approvati da Eric Saderholm P.Geo, Direttore e Consulente Tecnico, che funge da Persona Qualificata ai sensi del National Instrument 43-101.

Canter Resources Corp (CSE: CRC) (OTC: CNRCF) ha presentado un aviso de intención (NOI) modificado ante la Oficina de Administración de Tierras para su Columbus Lithium-Boron Project. La enmienda amplía los sitios de perforación identificados a través de muestreo geoquímico, perforación superficial y modelado 3D, tras dos fases de consolidación del proyecto.

La empresa completó el apilamiento de grava en 2024 para la preparación de las plataformas de perforación y espera una respuesta del BLM en las próximas semanas. Esta presentación representa un paso importante en la promoción de la exploración de objetivos de salmuera de litio y boro en el proyecto Columbus. Los aspectos técnicos fueron revisados y aprobados por Eric Saderholm P.Geo, Director y Asesor Técnico, quien actúa como Persona Calificada bajo el National Instrument 43-101.

Canter Resources Corp (CSE: CRC) (OTC: CNRCF)는 Columbus Lithium-Boron Project에 대해 토지 관리국(Bureau of Land Management)에 수정된 의향서(NO이)를 제출했습니다. 이 수정은 두 차례의 프로젝트 통합 이후, 지화학 샘플링, 얕은 드릴링 및 3D 모델링을 통해 식별된 드릴링 사이트를 확장합니다.

회사는 2024년에 드릴 패드 준비를 위해 자갈을 쌓는 작업을 완료했으며, 향후 몇 주 내에 BLM의 응답을 기다리고 있습니다. 이번 제출은 콜럼버스 프로젝트에서 리튬 및 붕소 염수 목표 탐사를 진전시키는 중요한 단계입니다. 기술적 측면은 자격을 갖춘 인물(Qualified Person)로서 National Instrument 43-101에 따라 활동하는 Eric Saderholm P.Geo, 이사 및 기술 고문에 의해 검토 및 승인되었습니다.

Canter Resources Corp (CSE: CRC) (OTC: CNRCF) a soumis un avis d'intention (NOI) modifié au Bureau de la gestion des terres pour son Columbus Lithium-Boron Project. La modification élargit les sites de forage identifiés grâce à des échantillonnages géochimiques, des forages peu profonds et une modélisation 3D, après deux phases de consolidation du projet.

La société a terminé l'accumulation de gravier en 2024 pour la préparation des plateformes de forage et attend une réponse du BLM dans les semaines à venir. Cette soumission représente une étape importante dans l'avancement de l'exploration des cibles de saumure de lithium et de bore au projet Columbus. Les aspects techniques ont été examinés et approuvés par Eric Saderholm P.Geo, directeur et conseiller technique, qui agit en tant que personne qualifiée selon le National Instrument 43-101.

Canter Resources Corp (CSE: CRC) (OTC: CNRCF) hat eine geänderte Absichtserklärung (NOI) beim Bureau of Land Management für sein Columbus Lithium-Boron Project eingereicht. Die Änderung erweitert die Bohrstandorte, die durch geochemische Probenahme, flache Bohrungen und 3D-Modellierung nach zwei Phasen der Projektkonsolidierung identifiziert wurden.

Das Unternehmen hat 2024 die Kieslagerung zur Vorbereitung der Bohrplattformen abgeschlossen und wartet in den kommenden Wochen auf eine Antwort vom BLM. Diese Einreichung stellt einen wichtigen Schritt zur Förderung der Erkundung von Lithium- und Boronsalzwasserzielen im Columbus-Projekt dar. Die technischen Aspekte wurden von Eric Saderholm P.Geo, Direktor und technischer Berater, der als qualifizierte Person gemäß dem National Instrument 43-101 fungiert, überprüft und genehmigt.

Positive
  • Expanded drilling program through amended NOI
  • Infrastructure preparation completed with gravel stockpiling
  • Project expansion through two consolidation phases
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2025) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to announce that, in collaboration with Sunstone Environmental Solutions ("Sunstone"), it has finalized and submitted its amended Notice of Intent (NOI) to the Bureau of Land Management (BLM) for its Columbus Lithium-Boron Project ("Columbus" or the "Project"). This amendment allows for additional drill sites that have been established through widespread geochemical sampling and shallow drilling, two phases of Project consolidation/expansion and comprehensive 3D modeling (see press releases dated January 23, 2025 and February 13, 2025).

The submission of the amended NOI marks another step in Canter's commitment to advancing the highly prospective lithium and boron brine targets at Columbus towards the deeper drilling stage. This collaborative effort with Sunstone ensures that Canter continues to maintain environmental compliance and operational efficiency as the Project progresses.

"We are pleased to complete the amended NOI process and expect a response from the BLM in the coming weeks," commented CEO, Joness Lang. " We completed gravel stockpiling at site in 2024 for drill pad preparation and look forward to advancing our exploration efforts and further delineating the resource potential at Columbus in 2025."

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10112/243079_d5e82311143d6be6_001.jpg

Figure 1. Columbus plan view map showing drill site locations corresponding to amended NOI

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10112/243079_d5e82311143d6be6_001full.jpg

Notes: See Caeneus Resources news releases dated September 19, 2017, July 5, 2018, Half Year Director's Report December 31, 2018

Historical drill results are relevant from a targeting perspective only. The Company is not relying on this information for any other purpose and plans to complete its own drilling and subsequent data verification to determine the prospectivity and mineral resource potential of the target area where Mantle Minerals previously encountered a shallow mineralized zone.

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 Sunstone Environmental Solutions

Sunstone Environmental Solutions, based in Nevada, is a leader in environmental consulting, specializing in regulatory compliance, permitting, and sustainability support for resource development projects across the United States.

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.

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/243079

FAQ

What is the latest development for Canter Resources' Columbus Lithium-Boron Project (CNRCF)?

Canter Resources has submitted an amended Notice of Intent to the BLM, expanding drill sites based on geochemical sampling and shallow drilling results.

When does Canter Resources (CNRCF) expect BLM's response for the Columbus project?

The company expects a response from the Bureau of Land Management in the coming weeks following their March 2024 submission.

What preparation work has been completed at the Columbus Lithium-Boron site by CNRCF?

Gravel stockpiling for drill pad preparation was completed in 2024.

Who verified the technical information for Canter Resources' Columbus project?

Eric Saderholm P.Geo, Director and Technical Advisor, approved the technical information as the Qualified Person under NI 43-101.

Canter Resources

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