Canterra Minerals Corporation announced exploration results returning up to 12.5% copper in grab samples from the Victoria Project. The Victoria Project is a critical minerals prospect with small scale historic mining and known high-grade copper occurrences. The Victoria Project includes historic exploration adits, shafts and drifts completed during the early 1900s while evaluating the potential development of copper-bearing massive sulphide mineralization.

Commercial production was never declared, and the Victoria Project was subsequently explored by Noranda in the 1990s and Celtic Minerals Ltd. between 1999 and 2007 as well as Messina Minerals Inc. ("Messina") in 2011. Highlights from past drilling include reported intersections of up to 5.5% Cu over 20.58 m (estimated true thickness) drilled by Messina (Messina press release February 21, 2012). The Project includes two mineral leases already held by Canterra and covers the northern extension of the Tulks Volcanic Belt, which is the same prospective belt that hosts the Company's Bobby's and Daniel's Pond deposits located approximately 6 km and 13 km to the southwest of the expanded Victoria Project, respectively.