LUNDBERG 2026 MRE | 26.08 Mt Indicated at 0.87% CuEq

Advancing Copper-Zinc Resources in Central Newfoundland

THE OPPORTUNITY

Why Invest Today

Canterra’s Lundberg Deposit hosts 26.08 Mt of Indicated Mineral Resources at 0.87% CuEq, providing a foundation for continued exploration at Buchans. Wilding adds gold exploration potential, while satellite deposits offer further opportunities across central Newfoundland.

Expanded Lundberg Resource

Lundberg’s updated estimate includes 26.08 Mt Indicated at 0.87% CuEq and 0.87 Mt Inferred at 1.54% CuEq. Further work will target Two Level, deposit extensions and the Buchans Mine Trend.

High-Grade Gold at Wilding

Canterra’s Wilding project sits beside Equinox Gold’s Valentine Mine and has already returned 31.5 metres at 10.89 grams per tonne gold, including 5.4 metres at 41.00 grams per tonne gold.

District-Scale Land Position

Canterra controls approximately 684 square kilometres in central Newfoundland, giving the company room to grow around known deposits and test new gold and critical-minerals targets across the district.

New Life for a Historic Mining Camp

Canterra is combining new drilling, 3D imaging, and decades of historic data at Buchans to search for more high-grade copper, zinc, lead, silver, and gold deposits.

Funded 2026 Program

Canterra is funded for up to 15,000 metres of drilling in 2026, creating several potential news catalysts across Buchans, Wilding, and its wider Newfoundland land package.

Several Ways to Create Value

Canterra controls a large Newfoundland land package with multiple projects, giving the company several ways to grow through drilling, new discoveries, and resource expansion.

26.08 Mt

Lundberg Indicated Resource

At 0.87% CuEq; effective September 2, 2026. See Buchans for the estimate and technical notes.

15,000 m

Funded 2026 Program

Discovery-focused drilling planned across Buchans, Wilding, and other priority targets.

343.0 gram-metres

High-Grade Gold at Wilding

10.89 g/t gold over 31.5 m, including 41.00 g/t gold over 5.4 m.

160.7 % CuEq·m

Broad Buchans Drill Result

1.53% CuEq over 105 m, including 5.39% CuEq over 14 m.

684 km²

Newfoundland Land Position

Large land package with known deposits and new areas to explore.

OPERATING FOOTPRINT

Buchans District

One district. Two core value drivers. A broader pipeline of opportunities.

All Sites
Gold Prospect
Critical Mineral Prospect
Valentine Lake Shear Zone
Majors
Canterra projects in central Newfoundland, showing Lundberg at Buchans, satellite deposits, Wilding, neighbouring mines and a kilometre scale bar.

Key Insights

Buchans gives Canterra a defined resource and a historic mining camp to build around.

Wilding adds high-grade gold potential beside Equinox Gold’s Valentine Mine.

Canterra’s projects are spread across one large Newfoundland mining district, giving the company several areas to grow.

2026 Catalysts

Buchans drill results from priority targets near Lundberg and West Clementine.

Wilding follow-up work after the 10.89 grams per tonne gold result.

New targets from drilling, mapping, and geophysics across the wider land package.

Projects Overview

A large central Newfoundland land package built around known resources and new discovery targets.

Buchans brings the defined resource. Wilding brings another high-grade gold opportunity.

Defined Resource

Buchans

Current Resource at Lundberg

Buchans gives Canterra a defined mineral resource today, plus more targets in a historic mining camp known for copper, zinc, lead, silver, and gold.

26.08 million tonnes Indicated at 0.87% CuEq at Lundberg

105 metres at 1.53% copper equivalent in recent drilling

Multiple nearby targets for new discoveries

High-Grade Gold

Wilding

Gold Discovery Beside a Major Gold Mine

Wilding gives Canterra high-grade gold exposure beside Equinox Gold’s Valentine Mine, one of the most important new gold mines in Atlantic Canada.

10.89 grams per tonne gold over 31.5 metres

Includes 5.4 metres at 41.00 grams per tonne gold

55 kilometre gold trend to explore

Wider District Pipeline

Canterra also controls six copper, zinc, lead, silver, gold satellite deposits that provided exploration opportunity in the near term and development opportunity of the entire district in the longer term

Lemarchant

Historical estimate and exploration targets

Boomerang / Domino

Historical VMS opportunity

Long Lake / Tulks

Ranked satellite opportunities

Daniels Pond / Bobby's Pond

Additional district optionality

Boomerang / Domino

High-grade deposits with past drilling

Long Lake / Tulks

Known deposits with follow-up potential

Daniels Pond / Bobby's Pond

Additional zinc and copper projects

How value gets built across the district

Canterra is focused on turning a large Newfoundland land position into new discoveries and larger resources.

Consolidate

Build a large land position around known deposits and high-priority discovery areas in central Newfoundland.

1

Prioritize

Use historic data, modern surveys, and 3D imaging to focus on the targets with the strongest mix of known mineralization, location, and growth potential.

2

Drill

Put exploration capital into the best targets at Buchans, Wilding, and the wider district.

3

Grow

Use drill results to expand known resources, make new discoveries, and create more value for shareholders.

4

Active 2026 Catalyst Path

A funded, multi-target program designed to test both the company's current foundation and its discovery upside.

Q2–Q3 2026 · Reported

Buchans Drill Results

Completed: winter drill results were reported on June 3, 2026. Summer Lundberg results followed on September 9, 2026. See Latest News below.

Q2 2026

Wilding Survey Results

Airborne survey results expected to help define new gold drill targets.

Q2-Q3 2026

Wilding Gold Targeting

Results expected from shallow drilling along the 55 kilometre Valentine gold trend.

Second Half 2026

Wilding Follow-Up Drilling

Diamond drilling planned to test the highest-priority gold targets.

Second Half 2026

Wider District Drilling

Drilling planned across Canterra’s broader Newfoundland critical-minerals portfolio.

October 6, 2026 · Resource update

Lundberg Resource Expanded

Indicated tonnes increased 55% to 26.08 Mt compared with the 2019 estimate, reflecting new drilling and updated economic assumptions. Follow-up work will target Two Level and the Buchans Mine Trend.

LEADERSHIP

Technical and Capital Markets Expertise

Canterra brings together exploration leadership, regional geological experience, and public-market execution to advance a district-scale central Newfoundland opportunity.

Chris Pennimpede, P.Geo

Chris Pennimpede, P.Geo

President and CEO

Andrew Farncomb, B.Comm.

Andrew Farncomb, B.Comm.

Chairman and Director

Sara Hills, CPA, CA

Sara Hills, CPA, CA

CFO

Investor Resources

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Corporate Presentation

Full district strategy, key project information, and current program details

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CORPORATE PRESENTATION

Explore Canterra's latest corporate presentation

Review the company's projects, exploration strategy, catalysts, and current corporate information.

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