29 March 2016
Vancouver, BC - Canterra Minerals Corporation (CTM-TSX.V) (the "Company") is pleased to provide an update for the Buffalo Hills Project, located 400 kilometres ("km") northwest of Edmonton, Alberta. Following a review of in-house data, the Company has acquired four Metallic and Industrial Minerals Permits covering two separate areas of interest. The first area is located five km north of the K91 kimberlite and covers 18,432 contiguous hectares ("ha"). The second area covers 17,664 contiguous ha and is located roughly 15 km west of the K8 kimberlite.
Randy Turner, President & CEO states; "From our in-house data we were able to develop a geologically coherent model for the Buffalo Hills kimberlites. Subsequently, it was evident that untested geophysical anomalies in certain areas had a high probability of being diamondiferous kimberlite, and so these areas were acquired."