Canterra Minerals (CTM.V) has announced it has started its 2025 drill program on its Buchans Project in Newfoundland. The company aims to complete up to 10,000 meters of drilling in a phased approach to drill-test the Pumphouse and Lundberg zones as that’s where it expects to generate the biggest bang for its buck given the proximity of its drill targets to the known resources at those respective zones.
In his accompanying comment, CEO Pennimpede mentioned [the company is] optimistic this work may uncover new discoveries below depths explored by past operators at one of the world’s highest-grade past producing VMS mines.
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