Canterra Minerals expands Lundberg indicated mineral resource 55% to 26.1 Mt at Buchans project in Newfoundland
Bitget2026/10/06 11:04Canterra raised the Lundberg Deposit indicated resource 55% to 26.08 million tonnes at its 100%-owned Buchans Project. Indicated grades: 0.36% copper, 1.31% zinc, 0.56% lead, 5.02 g/t silver, 0.06 g/t gold; 0.87% CuEq. Indicated contained metal totals 226.2 kt CuEq, including 94.8 kt copper, 341.6 kt zinc, 146.2 kt lead. Resource sits inside an optimized open-pit shell with a 3.16:1 strip ratio; 97% of tonnes are indicated. Work shifts to drilling the higher-grade Two Level zone and the 2.5 km Mine Trend; 6,000 m of results pending into 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canterra Minerals Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610060700PRIMZONECNPR____9840152) on October 06, 2026, and is solely responsible for the information contained therein.
- Canterra raised the Lundberg Deposit indicated resource 55% to 26.08 million tonnes at its 100%-owned Buchans Project.
- Indicated grades: 0.36% copper, 1.31% zinc, 0.56% lead, 5.02 g/t silver, 0.06 g/t gold; 0.87% CuEq.
- Indicated contained metal totals 226.2 kt CuEq, including 94.8 kt copper, 341.6 kt zinc, 146.2 kt lead.
- Resource sits inside an optimized open-pit shell with a 3.16:1 strip ratio; 97% of tonnes are indicated.
- Work shifts to drilling the higher-grade Two Level zone and the 2.5 km Mine Trend; 6,000 m of results pending into 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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