Canterra Minerals Corporation provided an update to its fall drill program and to announce that it has defined several new gold targets on the never-before-explored western part of its Wilding Gold Project ("Wilding") in central Newfoundland. Assay results are pending for all drill holes. Results from summer 2021 soil sampling have been received, and have revealed new gold targets, including a zone of elevated Au grades (from 11 to 167 ppb Au) along the inferred continuation of the VLSZ near the western margin of Wilding. This target adds to several other gold-in-soil anomalies along the VLSZ, which is currently being tested as part of the Fall 2021 drilling program. In addition, a group of samples ranging from 12 to 49 ppb gold indicate a new target in the previously unsampled western portion of Wilding. This target has been interpreted based on airborne magnetic data representing a possible zone of thrusting, which appears to be associated with gold mineralization at the Elm and Alder veins. Canterra has completed 2,400m (10 holes) of diamond drilling at Wilding, as part of a 5,000m program aimed at testing several targets across the property. These targets include the inferred northeastward continuation of the VLSZ which is the major control of mineralization at the adjacent Marathon Gold Project. The first three holes were drilled to test this target, and all successfully intersected the VLSZ, which is defined by a sheared contact between the Rogerson Lake Conglomerate and Valentine Lake Intrusion granitoids with numerous mafic dykes. Adjacent to this contact, quartz-tourmaline-pyrite ("QTP") veins are developed within the granitoids and mafic dykes. Remaining targets being tested include the expansion of the Red Ochre mineralized zone, the recently discovered Dogberry zone and the extension of the Elm and Alder quartz veins. Results from summer and fall 2021 exploration indicate that the VLSZ that is host to Marathon Gold's deposits exists on the Wilding project and trends for 7.5km. In addition, several additional orogenic gold targets have been identified and are being tested.