Canterra Minerals Drills 1.0 g/t gold over 11.0 metres in Step-Out Drilling at the Wilding Gold …

VANCOUVER, British Columbia, April 28, 2021 ; the westernmost zone of gold mineralization identified at Wilding to date.

This program focused on stepping out from the 2017 discovery holes at the Elm Zone and Red Ochre Complex and drilling a target not previously drilled in Dogberry.

Magnetite destructive structures occur as splays from the main northeast-southwest Valentine Lake Shear Zone in a similar structural setting that hosts Marathon Gold’s deposits at the Valentine Lake Project.

Canterra’s team has more than 100 years of experience searching for gold and diamonds in Canada and have been involved in the discovery of the Snap Lake diamond mine, in addition to the discovery of the Blackwater Gold deposit in British Columbia, Canada.

The scientific and technical information and exploration data quality assurance and control contained in this news release were prepared under the supervision of David Evans, M.Sc., P.Geo., Manager of Exploration for Canterra.

Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects.; the business and operations of the Company; unprecedented market and economic risks associated with current unprecedented market and economic circumstances due to the COVID-19 pandemic, as well as those risks and uncertainties identified and reported in the Company’s public filings under its respective SEDAR profile at www.sedar.com.

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