Vancouver, British Columbia--(Newsfile Corp. - August 7, 2024) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce exploration results returning up to 12.5% copper in grab samples from the Victoria Project, and that it has entered into an Option Agreement (the "Agreement") with local prospectors (collectively, the "Optionors"), to acquire a 100% interest in adjacent properties to expand the Company's Victoria Project in the Central Newfoundland Mining District. The Victoria Project is a critical minerals prospect with small scale historic mining and known high-grade copper occurrences.

Highlights:

12.5% and 12.1% copper grab samples from angular boulders located within newly acquired claims
Samples are located 1 kilometre ("km") east of Company's previously announced high-grade copper exploration results from the Victoria Project (see news release dated April 22, 2024) and represents additional mineralization that potentially extends high-grade copper mineralization beyond the previously known limits of the known Victoria Project
The acquisition expands Canterra's Victoria property position by 1,095 hectares (11 km2) to 1,275 hectares (12.75 km2), located within an area of historic small scale mining dating back to the early 1900s
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https://www.newsfilecorp.com/release/219085/