Phase I Drilling At Columbus Lithium-Boron Brine Project

VANCOUVER - Canter Resources Corp. reported the final drill results corresponding to the solid (clay/sediment) samples from the final nine (9) holes of its 15-hole Phase I drill program at the Columbus Lithium-Boron Project, located near Tonopah, Nevada.

While Canter is focused on exploring the multi-tiered aquifer system and targeting mineral resources within the basin's brines at Columbus, sampling the sedimentary units provides valuable geochemical data for the Company to correlate with brine results to establish mineralization patterns and stronger predictive modeling. The final batch of solid assay results includes the highest-grade lithium and boron sedimentary values from Phase I.

"The final solid assay results from Phase I drilling further demonstrate the significant and widespread mineralization starting right from surface at Columbus," said Joness Lang, CEO. "The increasing concentration trends with depth we previously observed from the final brine results are reflected here again with our solid samples increasing in grade as well (see Figure 2). We are excited to get underway with Phase II drilling in mid-August to build on a very successful inaugural program."