Welcome to our dedicated page for Canter Resources news (Ticker: CNRCF), a resource for investors and traders seeking the latest updates and insights on Canter Resources stock.
Canter Resources Corp. (CNRCF) provides critical updates on lithium and boron exploration projects powering clean energy technologies. This dedicated news hub offers investors and industry stakeholders timely access to official announcements, operational milestones, and strategic developments.
Discover comprehensive coverage of the Columbus Lithium-Boron Project’s phased drilling programs, Beaver Creek Lithium Property updates, and Railroad Valley Project acquisitions. Our repository includes verified reports on geophysical survey results, resource estimations, and environmental compliance initiatives – all essential for evaluating North America’s emerging critical mineral supply chain.
Key updates feature:
• Phase exploration results from Nevada brine generation zones
• Technical partnerships advancing 3D geological modeling
• Strategic mineral claims expanding project portfolios
• Sustainability initiatives employing low-impact drilling technologies
Bookmark this page for direct access to Canter Resources’ evolving role in lithium and boron markets, supported by geophysical data and exploration methodologies essential for renewable energy infrastructure development.
Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) has acquired a 1,000-acre property in Railroad Valley, Nevada, known as the RV Project. This acquisition expands Canter's lithium-boron brine portfolio in a promising, underexplored region. The RV Project shares geological similarities with the productive Clayton Valley but is significantly larger. Historic soil samples from the site returned 150-280 ppm lithium, while recent sampling by Canter showed up to 160 ppm lithium and 610 ppm boron. The acquisition terms include issuing 300,000 Canter common shares to Ramp Metals Inc. and a 0.5% NSR to Ramp Metals USA Inc. The transaction is expected to close on September 19, 2024, subject to regulatory approval.
Canter Resources (OTC Pink: CNRCF) has successfully completed Phase II of its Geoprobe drilling at the Columbus Lithium-Boron Project in Nevada. The deepest hole, CB24-010G, reached 124 feet, identifying three distinct aquifer zones. This extends the exploration footprint to 2.91 km north from Phase I.
Significant findings include the continuity of a halite marker bed, indicating stable past brine activity, and the successful collection of brine samples from five drill holes. The exploration confirmed brine zones extending over 750 meters west and 500 meters east of the original grid. The Phase II program was completed approximately 60% under budget.
CEO Joness Lang noted that the collected data would guide future work, and assay results are expected in the upcoming months.
Canter Resources has begun its Phase II drill program at the Columbus Lithium-Boron Project near Tonopah, Nevada. The program includes up to 10 Geoprobe drill holes, utilizing updated drills and tools to test a third aquifer zone and demonstrate lateral continuity between previous drill grids. The aim is to further explore the multi-commodity mineral resource potential for lithium and boron. Initial brine results are expected in Q3, with sediment and multi-element analysis results in early Q4. This phase will provide data for an updated NI-43-101 Technical Report and a 3D model, aiding in future drilling targets. The outcomes will be shared starting September.
Canter Resources has provided an update on its Columbus Lithium-Boron Project near Tonopah, Nevada. Key achievements include:
- Strategic acquisition of Altitude Ventures and financing of CAD $3.5M
- Strengthened corporate and technical teams
- Secured critical water rights and key permits for drilling
- Acquired and reinterpreted historical geochemical and geophysical data
- Created a 3D geological model
- Expanded project footprint and completed Phase I 15-hole drill campaign
Results validated widespread lithium and boron mineralization. Upcoming milestones include the initiation of Phase II drilling in mid-August 2024, with results expected in Q3 and Q4 2024. The company also aims to complete a NI-43-101 Technical Report by H2 2024 and explore potential partnerships to accelerate exploration work.
Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) has reported final drill results from its Phase I program at the Columbus Lithium-Boron Project in Nevada. Key highlights include:
- Peak values of 840 ppm lithium and 4,700 ppm boron from solid samples
- Discovery of two distinct shallow aquifers less than 100 ft deep
- Increasing grade trends with depth, suggesting potential for higher-grade brines at deeper levels
- Widespread lithium and boron mineralization starting from surface
- Validation of geophysical and historical data
The company plans to commence Phase II drilling in mid-August to build on these successful results. The findings support the project's mineral resource potential and align with the company's geological model.
Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) has engaged Cascade Drilling LP for Phase II drilling at its Columbus Lithium-Boron Project near Tonopah, Nevada. The program, set to begin on August 12, 2024, will include approximately 10 holes targeting a third aquifer zone below 100 feet. Objectives include demonstrating lateral continuity between Phase I grids, testing regional discovery targets, and assessing near-surface boron mineralization potential.
The Phase II program will use Geoprobe drill rig technology with greater depth capabilities. It aims to enhance precision of deeper lithium targeting and establish preliminary direct extraction considerations. Brine results are expected before the end of Q3/2024. The company is employing a science-driven approach to potentially define near-surface mineral resources and guide future deeper drilling efforts.
Canter Resources Corp. (CSE: CRC, OTC Pink: CNRCF, FSE: 6O1) released additional brine assay results from its Phase I shallow Geoprobe drill program at the Columbus Lithium-Boron Project near Tonopah, Nevada.
The highest boron and lithium concentrations recorded so far include 3,140 mg/L B and 76.4 mg/L Li. The results indicate significant lateral continuity of enriched brines over 5 km west of the central grid.
Six new assays from depths greater than 55 feet show an average of 558 mg/L B, with maximum values of 651 mg/L. The preliminary findings support the company's geochemical model, emphasizing shallow boron precipitation and deeper lithium concentration.
A follow-up Phase II program comprising 10 holes is planned. The project aims to exploit the strategic importance of boron and lithium, essential in high-tech and clean energy applications.
Canter Resources reported initial assay results from its Phase I drilling at the Columbus Lithium-Boron Project in Nevada. The assays covered 35% of collected samples, revealing significant mineralized brines over a 2 km stretch. Notable brine results include 508 mg/L boron, 49.8 mg/L lithium, and 5,870 mg/L potassium. Clay samples showed up to 3,070 ppm boron, 690 ppm lithium, and 3.89% potassium. These findings suggest potential multi-layered aquifers at Columbus, with high-grade mineralization extending westwards. Canter plans further exploration in Q3 2024.
Canter Resources Corp. received additional permits and expanded its Phase I Geoprobe drill program at the Columbus Lithium-Boron Project in Nevada. The company aims to target lithium and boron enriched sediment and brine samples within the upper 100 feet. The Geoprobe drilling method has proven effective, and the company plans to increase the campaign by 5-10 holes. The boron market is growing rapidly, making the presence of boron mineralization at Columbus significant. The Company's expanded drill plan, potential boron concentrations, and Geoprobe drilling locations are key highlights of the press release.
Canter Resources Corp. is progressing with gravel work and geoprobe drilling at its Columbus Lithium-Boron Project in Nevada. The company has started gravel transport and stockpiling, with the geoprobe drilling already halfway complete. The ongoing 10-hole geoprobe campaign has identified two aquifer zones within the upper 30 meters, yielding distinct brine samples. Canter is targeting lithium, boron, and potassium mineralization in sedimentary clays and shallow brine units. The larger-scale target involves testing for mineralization at greater depths, with the geoprobe drilling providing valuable subsurface profiling. The company is following strict QA/QC procedures and expects the program to be completed soon.
