2 May 2016
Vancouver, BC - Canterra Minerals Corporation (CTM-TSX.V) (the "Company") is pleased to provide an update on the Company's South Slave Properties in the Northwest Territories ("NT"). For additional information, please visit the Company's website: www.canterraminerals.com
Exploration:
The Company completed a till sampling program in 2015, designed to identify and further define potential drill targets. A total of 204 till samples were collected from the Prism, Gwen, Marlin and Rex properties. A total of 96 samples from Prism, Gwen and Marlin have undergone visual picking, while 108 samples from Rex are currently at the laboratory pending analysis.
Picking results from the Prism property has defined the up-ice cutoff of two separate kimberlite indicator mineral ("KIM") trains. The Prism property has at least three unique KIM trains in the northern, central and southern portions of the property. Planning is underway for a ground based geophysical survey over the prospective areas. Two new claims were staked contiguous to the Prism property in 2015 to cover a new KIM train in the northeastern portion of the property.