Vancouver, British Columbia--(Newsfile Corp. - March 4, 2025) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to announce that, in collaboration with Sunstone Environmental Solutions ("Sunstone"), it has finalized and submitted its amended Notice of Intent (NOI) to the Bureau of Land Management (BLM) for its Columbus Lithium-Boron Project ("Columbus" or the "Project"). This amendment allows for additional drill sites that have been established through widespread geochemical sampling and shallow drilling, two phases of Project consolidation/expansion and comprehensive 3D modeling (see press releases dated January 23, 2025 and February 13, 2025).
The submission of the amended NOI marks another step in Canter's commitment to advancing the highly prospective lithium and boron brine targets at Columbus towards the deeper drilling stage. This collaborative effort with Sunstone ensures that Canter continues to maintain environmental compliance and operational efficiency as the Project progresses.
"We are pleased to complete the amended NOI process and expect a response from the BLM in the coming weeks," commented CEO, Joness Lang. " We completed gravel stockpiling at site in 2024 for drill pad preparation and look forward to advancing our exploration efforts and further delineating the resource potential at Columbus in 2025."
Figure 1. Columbus plan view map showing drill site locations corresponding to amended NOI
Notes: See Caeneus Resources news releases dated September 19, 2017, July 5, 2018, Half Year Director's Report December 31, 2018
Historical drill results are relevant from a targeting perspective only. The Company is not relying on this information for any other purpose and plans to complete its own drilling and subsequent data verification to determine the prospectivity and mineral resource potential of the target area where Mantle Minerals previously encountered a shallow mineralized zone.
Qualified Person (QP)
The technical information contained in this news release was reviewed and approved by Eric Saderholm P.Geo, Director and Technical Advisor of Canter Resources, a Qualified Person (QP), as defined under National Instrument 43- 101 - Standards of Disclosure for Mineral Projects.
About Sunstone Environmental Solutions
Sunstone Environmental Solutions, based in Nevada, is a leader in environmental consulting, specializing in regulatory compliance, permitting, and sustainability support for resource development projects across the United States.
About Canter Resources Corp.
Canter Resources Corp. is a junior mineral exploration company advancing the Columbus Lithium-Boron Project and the Railroad Valley (RV) Lithium-Boron Project in Nevada, USA. The Company is completing a phased drilling approach at Columbus to test highly prospective brine targets at varying depths for lithium-boron enrichment 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 technology and domestic clean energy supply chains in North America.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's plans for the Project and the payments related thereto, the issuance of the Consideration Shares and the Company's expected exploration activities.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
