Diamond

Canterra Minerals Corp. (TSXV:CTM) announced that it has staked 21 new minerals claims in the South Slave Region of the Northwest Territories, northeast of Yellowknife.

Canterra Minerals Corp. (TSXV:CTM) announced that it has staked 21 new minerals claims in the South Slave Region of the Northwest Territories, northeast of Yellowknife.

As quoted in the press release:

The Rex property was acquired following reconnaissance sampling undertaken during last years’ field season and was selected based on a review of the results and publically available assessment data. Rex encompasses several kimberlite indicator mineral anomalies that contain G9 and G10 garnets, kimberlitic ilmenites and chromites as well as two kimberlite indicator mineral trains. The indicator mineral trains may potentially mask additional kimberlite sources. Historical exploration and geochemical analysis of these garnets indicates that some grains may have been sourced from within the diamond stability field.

Randy Turner, president and CEO of Canterra, stated:

We continue to expand and advance the Company’s property portfolio based on a systematic analysis of our proprietary data base. Historical and current results drive and prioritize our exploration programs and more detailed till sampling and ground geophysics are planned for the upcoming field season.

Click here for the full Canterra Minerals Corp. (TSXV:CTM) press release

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