Mr. Chris Pennimpede reports

CANTERRA MINERALS REPORTS HIGHEST EVER GOLD SAMPLES UP TO 535 G/T AU AND EXPANDS MINERALIZATION AT WILDING GOLD PROJECT, NEWFOUNDLAND

Canterra Minerals Corp. has released significant prospecting results from its Wilding gold project in central Newfoundland, including exceptional grades of 535 grams per tonne gold. The Wilding gold project covers 55 kilometres of the same gold-bearing corridor that hosts Equinox Gold's producing Valentine mine directly adjacent to Canterra's property.

Highlights:

• Exceptional high grades: Multiple grab samples from known zones returned exceptional results, including 535 g/t, 169 g/t, 135 g/t and 126 g/t Au.
• Significant expansion along strike: New prospecting 14 km away from the core of the Wilding gold project at Noel Paul returned grab samples assaying up to 6.35 g/t Au, confirming mineralization continues along the structural corridor.
• Multiple gold occurrences: Additional sampling, including a 0.60 g/t Au grab sample at East Alder prospect, 10 km from the Noel Paul samples, highlights the potential for multiple mineralized zones across the property.

"These results, including our highest-ever gold sample of 535 g/t gold, confirm a very high-grade gold system and reinforce Wilding's potential as a district-scale project," said Chris Pennimpede, chief executive officer of Canterra Minerals. "With Equinox Gold's Valentine gold mine now in production immediately next door and our first significant high-grade results extending across the next 50 km of the corridor, Canterra is strategically positioned in one of Canada's most exciting emerging gold camps."

District-scale potential taking shape

These results provide strong evidence that the same major gold-bearing structures hosting the multimillion-ounce Valentine mine extend through Canterra's property. Many of the samples were collected from boulders, or float, a common first step in discovering and vectoring toward new sources of high-grade mineralization.

These samples provide exciting targets for drilling. To explore a system of this scale, Canterra is applying modern geochemical techniques, analyzing for pathfinder elements such as copper and arsenic, which act as smoke signals that define broader halos around potential mineralized zones. The discovery of significant gold at large stepouts of four km and 10 km from the original discoveries strongly suggests the system could be continuous across a large area.

Strategic position in a Tier 1 mining district

Canterra is a diversified explorer with a commanding land position in the central Newfoundland mining district. Beyond the Wilding gold project, the company also holds assets near the world-renowned, past-producing Buchans mine, which was rich in copper, zinc and other critical minerals. This diversified portfolio in a top-tier mining jurisdiction provides multiple avenues for a major discovery.

Cautionary note on grab samples

The rock grab samples discussed in this press release are selective by nature and are not necessarily representative of the mineralization hosted on the property. The grades of these samples should be considered as indicative of the presence of mineralization, not as an average grade.

Qualified person

Chris Pennimpede, PGeo, CEO of Canterra Minerals, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this press release.

Newfoundland and Labrador junior exploration assistance and 2025 exploration program

Canterra would like to acknowledge the financial support it may receive from the junior exploration assistance program from the government of Newfoundland and Labrador related to the completion of its 2025 exploration programs. The 2025 exploration program at the Wilding and Noel Paul projects also focused on critical metals as the properties are also considered prospective for critical metal, volcanogenic massive sulphide deposits.

About Canterra Minerals Corp.

Canterra is a diversified minerals exploration company focused on gold, copper and other critical minerals in central Newfoundland. The company's projects include six mineral deposits located near the world-renowned, past-producing Buchans mine and Teck Resources' former Duck Pond mine, which collectively produced copper, zinc, lead, silver and gold. Several of Canterra's deposits support current and historical mineral resource estimates prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum's definition standards for mineral resources and mineral reserves current at their respective effective dates. Canterra's gold projects are immediately adjacent to Equinox Gold's (formerly Calibre Mining) Valentine mine, expected to become Newfoundland's largest gold mine and one of Canada's top gold producers. Canterra's Wilding project is interpreted to cover an approximately 55-kilometre extension of the structural corridor that hosts the Valentine gold mine deposits. Past drilling on the company's gold projects intersected multiple occurrences of orogenic-style gold mineralization within a large land position that remains underexplored.

We seek Safe Harbor.