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 low-grade copper system (142.8Mt at 0.29% Cu) has been outlined and recent drill testing is supporting a major expansion of this resource.

The Company also has the Peenam Project where historic shallow drilling encountered significant Cu-Au mineralization. Canterbury interprets past exploration as having tested the outer margins of a mineralized porphyry system, with substantial untested potential at depth and along strike.

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 delineated – 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 a new undrilled target has been acquired 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-style copper-gold-molybdenum mineralisation adjacent to or below extensive zones of mapped advanced argillic altered lithocap. Ongoing field programs are generating data to optimise design of potential future drill targets.