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Canterra Signs Option Agreement to Acquire East Alder Gold Project

Canterra Signs Option Agreement to Acquire East Alder Gold Project
Written by AZoMiningApr 20 2021
Canterra Minerals Corporation has announced that it has signed an option agreement with Sokoman Minerals Corp. to procure 100% of the East Alder gold project situated immediately northeast of its Wilding Gold Project in central Newfoundland.
Current land position in Newfoundland with the addition of the East Alder Property Option. Image Credit: Canterra Minerals Corporation.
Highlights of East Alder
Gold Project
Rock samples obtained from a float span from 0.1 to 5.3 g/t Au and from trace quantities to 10.8% copper.
A 2-km gold-in-soil trend with gold results is continuous with the gold-in-soil anomaly from the Wilding Gold Project of Canterra Minerals. ....

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Canterra Minerals Announces Closing of $3.9M Financing and Acquisition of the Wilding Lake Gold Project, Newfoundland

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VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE)
Canterra Minerals Corporation (TSXV:CTM) ( Canterra or the Company ) is pleased to announce the closing of the previously announced (November 9, 2020) share exchange agreement whereby the Company has acquired (the Acquisition ) all of the issued and outstanding securities of Teton Opportunities Inc. ( Teton ) the closing of the previously announced (November 9, 2020 and December 7, 2020) non-brokered private placement of flow-through common shares and units for aggregate gross proceeds of $3,949,500 (the Financing ) and closing the Debt Settlement (as defined below). ....

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