Canterbury holds the Briggs and Mannersley tenements (Rio Tinto 1.5% NSR), plus the surrounding Fig Tree Hill tenement. This region is prospective for large scale porphyry copper (±gold, ±molybdenum) mineralisation. At Briggs, a large, low-grade copper-molybdenum system (415Mt at 0.25% Cu) has been outlined. Ongoing assessment is  expanding and enhancing this resource, to inform completion of a Scoping Study in late-2024.

The Company also has the Peenam Project covering a sparsely tested Cu-Au porphyry system, with substantial untested potential.

strategic tenements are held in a region that includes the massive Wafi-Golpu Cu-Au deposit and the Hidden Valley Au mine. At the Wamum Project two significant Cu-Au deposits have been broadly outlined – Idzan Creek (137.3Mt at 0.53g/t Au & 0.24% Cu) and Wamum Creek (141.5Mt 0.31% Cu & 0.18g/t Au), and an undrilled target has been identified nearby at Waits Creek. At the Ekuti Range Project drilling has outlined narrow, high-grade Cu-Au structures distal to larger scale porphyry targets.

Canterbury also holds the Bismarck Project on Manus Island which is considered prospective for concealed porphyry Cu-Au mineralisation adjacent to or below extensive zones of lithocap. A major drilling program is being undertaken at the Willie Headwaters and Ndokowai prospects in mid-2024.