Canterra Minerals Corporation provide an update to its ongoing exploration program on the Noel Paul Property and Wilding Lake Gold Project, both located in Central Newfoundland, Canada. Canterra has collected 1,282 soil samples at the Carter Lake Block as part of the summer 2022 exploration program. The Carter Lake Block, which was staked in 2021 based on recognition of a potential splay in the prospective Rogerson Lake Structural Corridor, is largely unexplored beyond a limited reconnaissance soil sampling program with 500 metre spacing completed in 2021 This sampling showed a broad soil anomaly with results ranging from 10 to 28 parts per billion gold (ppb Au).

Assay results from the recently completed program are expected to be completed in the fourth quarter of 2022, with the resulting data to be used in conjunction with airborne magnetic survey data to define further targets for exploration.