| Metals & Mining Industry | Materials Sector | Christopher Paul Pennimpede CEO | NEO-L Exchange | CA1381342007 ISIN |
| CA Country | - Employees | - Last Dividend | 9 Dec 2009 Last Split | 15 Jun 1999 IPO Date |
Canterra Minerals Corporation, initially established as Diamondex Resources Ltd. in 1999 and later rebranded in December 2009, stands as a resource exploration entity committed to the acquisition, exploration, and evaluation of mineral assets. With its headquarters situated in Vancouver, Canada, the company's exploration endeavors primarily focus on properties within Newfoundland, Alberta, and Ontario. Canterra has carved a niche for itself in the exploration sector by targeting a diverse range of minerals including diamonds, gold, and other valuable resources.
Canterra Minerals holds significant interests in diamond exploration, possessing properties in the Northwest Territories, Ontario, and Alberta. These holdings underscore the company’s versatile exploration capabilities and its commitment to uncovering high-value diamond reserves across various Canadian provinces.
The company has placed a strong emphasis on gold exploration activities, particularly in Newfoundland. Here, Canterra aims to delineate and develop potential gold resources, contributing to the region's growing gold exploration and mining sector.
Owning a 100% interest in the Ring of Fire property located in Ontario, Canterra targets strategic mineral deposits within this renowned mining region. This property is pivotal to the company's portfolio given its potential for significant mineral discoveries.
The Marlin property, with its 10 mineral claims over approximately 13,461 hectares in the Northwest Territories, alongside the Buffalo Hills property, covering 4,800 hectares in Northern Alberta (in which Canterra holds a 50% interest), exemplify the company's targeted approach to mineral exploration across a diverse geographic landscape.
These 100% owned properties and project further establish Canterra's presence in the Canadian mineral exploration scene, highlighting a diversified approach towards mineral wealth, ranging from base metals to precious minerals.
The expansive Wilding gold project, covering an area of 417 square kilometers in central Newfoundland, signifies Canterra's robust position in the gold exploration sector. This project has the potential to significantly augment the company's resource base and future gold production prospects.
Encompassing 5 mineral licenses totaling 122.5 square kilometers, the Clipper Brook property is strategically located to expand the company's exploration footprint to the northeast strike extent of the Rogerson Lake structural corridor.
With an option agreement in place to acquire a 100% interest, the East Alder gold project in central Newfoundland presents another exciting opportunity for Canterra to bolster its gold exploration and development portfolio within the region.