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Canter Resources Corp
Symbol CRC
Shares Issued 54,998,401
Close 2025-06-03 C$ 0.06
Market Cap C$ 3,299,904
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Canter reviews Railroad Valley historical data

2025-06-03 16:37 ET - News Release

Mr. Joness Lang reports

CANTER RESOURCES ADVANCES RAILROAD VALLEY PROJECT WITH INTEGRATION OF HISTORICAL DATA SETS

Canter Resources Corp. has integrated a comprehensive suite of historically compiled data into its continuing exploration efforts at the Railroad Valley project in east-central Nevada. This initiative marks a significant step forward in refining the company's understanding of the basin's geologic framework and guiding drill targeting efforts.

The integrated data sets include detailed geology, legacy drill hole data and logs, gravity surveys, bedrock mapping, and borehole geophysical surveys. The source materials, largely drawn from public domain records, have been used to build a modern geological model of the basin in the area of the company's claim block.

"This cost-effective work has helped to unify and leverage decades of valuable geological knowledge into a single cohesive framework," commented Canter Resources chief executive officer Joness Lang. "By integrating these data sets, we've significantly enhanced our ability to identify structural controls, reservoir targets and geologic trends that will guide the next phase of exploration at Railroad. Our neighbour (3 Proton Lithium) recently received FAST-41 transparency critical mineral designation by the Trump administration, which highlights the prospective nature of this underexplored valley and potential strategic value of our contiguous Railroad Valley claims."

Railroad Valley is host to Nevada's largest historic oil fields (1), and is characterized by a complex geologic history involving multiple episodes of orogeny, volcanism and extension. While this report was originally compiled in support of oil field research, the extensive geological, geophysical and subsurface data it contains represent a valuable addition to continuing exploration efforts for lithium- and boron-rich brines within the Railroad Valley basin. The company plans to leverage this model to refine drill targeting, assess shallow and deep reservoir potential, and advance exploration programs across priority areas later this year.

Historical data statement

The company advises that the data integrated into the current geological model include historical records derived from third party sources, including the Nevada Bureau of Mines and Geology's "Report 60: The Anatomy of the Railroad Valley Basin" (1) and associated data sets from legacy drilling, geophysical surveys and geological mapping. While Canter Resources believes this information to be reliable and relevant, it has not independently verified all legacy data, and, therefore, such data should not be relied upon as a guarantee of future performance or resource potential.

The integration of this historical information has been undertaken by qualified personnel and used to inform exploration targeting and basin-scale interpretation. Future exploration results may vary as new data are acquired and incorporated.

Mineralization at nearby or adjacent properties is not necessarily indicative of mineralization at the company's Columbus project.

(1) D.E. French, J.P. Walker and C.D. Henry (2024). The anatomy of the Railroad Valley basin -- host to Nevada's largest oil fields (Report 60), Nevada Bureau of Mines and Geology.

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 junior mineral exploration company advancing the Columbus lithium-boron project and the Railroad Valley lithium-boron project in Nevada, United States. 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-metal-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.

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