Canter Resources Corp. has announced exciting developments at its Columbus lithium-boron project near Tonopah, Nevada. The company has started initial gravel work in preparation for drilling its first exploration well at the site. The gravel work, being carried out by Merritt Construction, involves transporting 1,500 cubic yards of gravel to the property.
The company is also in the midst of a 10-hole Geoprobe drill campaign targeting lithium, boron, and potassium mineralization in the sedimentary clays and brine units. Canter has encountered two distinct aquifer zones within the upper 30 meters at the project and collected brine samples from both zones.
Canter’s Columbus project is strategically located in Nevada, close to Tesla Inc.’s gigafactory, making it an attractive prospect for investors. The company also owns the Beaver Creek lithium property in Montana, further adding to its portfolio of promising assets.
With the increasing demand for lithium and boron in various industries, Canter Resources is poised to capitalize on the growing market. The company’s upcoming drill results at the Columbus project are eagerly anticipated and could be a significant catalyst for its stock performance.
Investors are keeping a close eye on Canter Resources as it continues to progress with its exploration activities and unlock the potential of its lithium and boron projects. With a strong leadership team and favorable market conditions, Canter is well-positioned for success in the mining sector.
