34 AUGUST 2024 WorldWide Drilling Resource® Columbus Lithium-Boron Project in Nevada Adapted from Information by Canter Resources Corp. Canter Resources Corp. is a Canadian junior mineral exploration company advancing the Columbus Lithium-Boron Project in Nevada. The company is preparing to test a highly prospective lithium-brine target and plans to leverage the company’s critical metals targeting database to generate a portfolio of high-quality projects with the aim of defining mineral resources that support the domestic clean energy supply chain in North America. The 23,000-acre Columbus project presents a compelling case for lithium-bearing brines with a proof of concept drill hole and geophysical anomalies outlining a highly prospective target for lithium-bearing brines within a closed basin that has never been properly drill tested. The company has selected Cascade Drilling L.P. to complete ten shallow drill holes at the Columbus Lithium-Boron Project, located near Tonopah, Nevada. The drill depths ranging between 10-100 feet below surface, to collect both sediment and water samples. “The shallow Geoprobe program compliments our upcoming exploration well drilling as part of phase one work and will provide us with another valuable dataset at Columbus,” stated Joness Lang, CEO of Canter Resources. “Our primary lithium-enriched aquifer targets are at more moderate depths; however, this highly conductive upper interval is intriguing and if our first phase of Geoprobe drilling is successful we will consider shallow grid drilling to define the extent of near surface mineralization.” By carefully analyzing the geological structures and resistivity patterns, the company has identified a westward trending conductive zone that signifies a broadening corridor of potential lithium-bearing brines. The 3D modeling has been instrumental in revealing the expansive potential within the project area, as it suggests a continuous zone extending beyond the original property boundaries. The survey’s leading edge terminated within an area exhibiting extremely low resistivity, indicative of highly conductive material likely associated with brine concentrations. This discovery underpins the decision to expand the land package to nearly 30,000 acres, thereby increasing the scope for further exploration and potential resource identification. “We are thrilled to have significantly expanded our land package at Columbus to encompass the full extent of the most prospective ground for lithium-enriched brines before commencing our drill campaigns,” stated Joness Lang. Canter Resources will be implementing a more comprehensive phase two exploration program which will include expanded geophysical survey coverage, aiming to thoroughly map out the resistivity and structural profiles across the newly acquired acreage. Cascade Drilling L.P. is expected to collect the data, which will provide additional stratigraphic and geochemical data, to enhance the company’s geological model, while targeting lithium, boron, and potassium concentrations from the shallowest brine generation layer within the primary target area. “The . . . drilling will test a shallow subset of the favorable stratigraphic units at Columbus, and we are keen to see results from this highly conductive layer of the basin in an area that has very limited geochemical results to date,” Lang said. EXB
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