01:12:51 EDT Tue 21 May 2024
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or Name
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Canter Resources Corp
Symbol CRC
Shares Issued 50,988,401
Close 2024-03-13 C$ 0.49
Market Cap C$ 24,984,316
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Canter hires Merritt for Columbus drill site prep

2024-03-13 10:07 ET - News Release

Mr. Joness Lang reports

CANTER SECURES MERRITT CONSTRUCTION FOR GRAVEL WORK AND DRILL SITE PREPARATIONS

Canter Resources Corp. has engaged Merritt Construction Inc., located in Mina, Nev., to carry out coming gravel work and drill site preparations at the Columbus lithium-boron project.

"We are very pleased to be working with an experienced and trusted local contractor, Dick Merritt of Merritt Construction, for our upcoming gravel work and drill site preparations at Columbus," stated Joness Lang, chief executive officer of Canter. "We are committed to sourcing locally and using Nevada-based vendors and suppliers whenever possible, and, given Merritt Construction's proximity to the project, support is readily available on an as-needed basis, which provides valuable flexibility as we ramp up our activities at site."

Gravel will be sourced from a Bureau of Land Management community gravel pit during the company's phase I exploration program. The initial scope of work, which is expected to commence in approximately three weeks, will include gravel transportation and stockpiling at a designated site at Columbus, with select reinforcements to pre-existing roads as the company concurrently carries out additional sampling and shallow Geoprobe drilling.

In addition to further road reinforcement, Merritt Construction will return to Columbus to complete drill site and sump preparations as well as supply and store water for the company's initial exploration well drilling.

Qualified person

The technical information contained in this news release was reviewed and approved by Eric Saderholm, PGeo, director and technical adviser of Canter Resources, a qualified person as defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Canter Resources Corp.

Canter Resources is a Canadian junior mineral exploration company advancing the Columbus lithium-boron project in Nevada, United States, the Beaver Creek lithium property in Montana, United States, and the Puzzle Lake property in Saskatchewan, Canada. The company is preparing for a phase I exploration and drilling campaign at Columbus to test a highly prospective lithium brine target and plans to leverage the company's critical-metal-targeting database to generate a portfolio of high-quality projects with the aim of defining mineral resources that support the domestic clean energy supply chain in North America.

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