Canterra Minerals (TSE:CTM) has released an update.
Canterra Minerals Corporation has filed a technical report detailing a pit-constrained Mineral Resource Estimate for the Lundberg deposit at its entirely owned Buchans Project, which shows significant in-pit indicated and inferred mineral resources with potential for open pit development. The company is optimistic about advancing the project, considering current favorable metal prices and the prospect of expanding its resource base through further exploration. The report is based on extensive drilling data and suggests a preliminary economic assessment to evaluate the potential economic returns of an open pit mining operation.
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