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. is a Canadian junior mineral exploration company focused on advancing the Columbus Lithium-Boron Project in Nevada, USA, and the Beaver Creek Lithium Property in Montana, USA. The company is currently conducting a Phase I exploration campaign at Columbus to explore a highly prospective lithium-brine target. The ongoing Geoprobe drill program has yielded valuable data, showcasing boron and lithium enrichment in shallow brines and clays, hinting at the potential multi-commodity significance of the site. With a phased drilling approach, Canter aims to define mineral resources that support North America's clean energy supply chain.
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Canter Resources Corp. (CNRCF) completes a comprehensive 3D model integrating geophysical data for lithium exploration at the Columbus Lithium-Boron Project. The new model refines subsurface structures and identifies potential lithium-bearing brine formations. The HSAMT geophysical data guides the targeting of conductive bodies, with resistivity values indicating brine fluids. The Company plans to begin exploration well drilling based on the 3D model, historical data, and surface sampling results, aiming to test highly conductive brine targets. Limitations in data interpretation are acknowledged, but geological evidence suggests deeper brine reservoirs. The structurally closed nature of the Columbus Basin and gravity anomalies support the potential for extensive brine reservoirs. Eric Saderholm, a Qualified Person, reviewed and approved the technical information.
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Canter Resources Corp. acquires third-party data highlighting significant lithium in soils at the Columbus Lithium-Boron Project. The dataset includes 473 surface samples with a maximum lithium value of 540 ppm. Renowned geophysicist Jim Wright reinterprets geophysical data, supporting Phase I drilling and identifying a significant brine target. The Company plans to collect additional samples and validate data through Geoprobe drilling.
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Canter Resources Corp. appoints Alnesh Mohan as CFO and Jan Urata as Corporate Secretary, announces AGM, and engages marketing service providers. Alnesh Mohan brings 20+ years of financial advisory experience, while Jan Urata has 25 years in corporate secretarial services. The Company sets its AGM for April 25, 2024, and partners with Streetwise Reports, High Tide Consulting Corp., Red Cloud Securities Inc., and Quantum Ventures SEZC to enhance visibility in capital markets.
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Canter Resources Corp. has engaged Merritt Construction Inc. for gravel work and drill site preparations at the Columbus Lithium-Boron Project. The Company emphasizes local sourcing and support, with activities set to begin in three weeks.
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Canter Resources Corp. (CNRCF) receives approval for exploration well at Columbus Lithium-Boron Project in Nevada. The Company is set to launch its Phase I exploration program to assess lithium and boron mineral resource potential.
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Canter Resources Corp. appoints Ken Cunningham as Technical Advisor, bringing 45 years of experience in mineral exploration, geology, and mining. Cunningham's expertise in lithium, copper, gold, and uranium will support the company's Columbus Lithium-Boron Project in Nevada. His role will involve providing advisory to the technical group and evaluating strategic growth opportunities within the critical metals sector.
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Canter Resources Corp. (CNRCF) has submitted its Notice of Intent to the Bureau of Land Management for planned work associated with Phase I exploration and drilling at the Columbus Lithium-Boron Project in Nevada. The company is advancing its exploration by deploying a comprehensive auger sampling grid and launching a long-screen well program to explore deeper aquifer systems. Canter is also considering integrating Ambient Noise Tomography into its geophysical exploration program to further enhance the understanding of the basin's deep structure.
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Canter Resources Corp. has mobilized geologists to the Columbus Lithium-Boron Project to complete surface sampling and prepare for the initial phase of drilling. The company has established an exclusive partnership with Valkyrie Resource Exploration, bringing extensive expertise in lithium and critical battery metals exploration. The partnership provides access to a comprehensive critical metals targeting database, proprietary technology, and over 90 years of collective field experience. Canter is also working with principal hydrogeologist Geoffrey Baldwin and his company Applied Hydrologic Ltd. for hydrogeologic guidance at the Columbus Project.
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Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 601) shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (DTC). The Company had a productive Q4/2023, completing an amalgamation, securing water rights, engaging with industry partners, and successfully closing a private placement. CEO Joness Lang expressed optimism for 2024, with plans for drilling at Columbus and an extended option agreement for Puzzle Lake.
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Canter Resources Corp. (CSE: CRC) (FSE: 601) (OTC Pink: CNRCF) has received formal water permits from the Nevada Division of Water Rights for Applications 90140 and 92509, granting access to 2,235.64 acre-feet annum of groundwater from the Columbus Salt Marsh Valley Basin. CEO Joness Lang expressed excitement over this major milestone and thanked partners for their hard work. The company has engaged SRK Consulting for environmental permitting support and is on track to commence its Phase I program at Columbus in the first half of Q1/2024.
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FAQ
What is the current stock price of Canter Resources (CNRCF)?
The current stock price of Canter Resources (CNRCF) is $0.0504 as of February 20, 2025.
What is the market cap of Canter Resources (CNRCF)?
The market cap of Canter Resources (CNRCF) is approximately 3.0M.
What is Canter Resources Corp. focused on?
Canter Resources Corp. is focused on advancing the Columbus Lithium-Boron Project in Nevada, USA, and the Beaver Creek Lithium Property in Montana, USA.
What is the current exploration activity?
The company is conducting a Phase I exploration campaign at Columbus, targeting a highly prospective lithium-brine deposit.
What are some key findings from the Geoprobe drill program?
The program has identified boron and lithium enrichment in shallow brines and clays, indicating the potential for multi-commodity significance at the site.
What is Canter's objective with the phased drilling approach?
Canter aims to define mineral resources that support the domestic clean energy supply chain in North America.
Canter Resources