12:05 PM EDT, 03/18/2024 (MT Newswires) -- Canter Resources Corp. ( CNRCF ) said Monday that it has bought additional third-party data including historical soil sampling results and geophysical survey data that highlights significant lithium in soils along the eastern edge of the 5 by 2.5 kilometers priority target area at the Columbus Lithium-Boron Project.

The substantial third-party historical geochemical sampling data, alongside Canter's own database and sampling efforts, provides the company with a comprehensive dataset within the 23,000-acre project area.

This combined dataset includes 473 surface samples and reveals a maximum surface sediment lithium value of 540 parts per million of lithium.

Also, Canter has secured airborne magnetic and radiometric data from the recently completed collaboration between the US Geological Survey and the Department of Energy designed in part to support geologic and geophysical mapping and modeling of Nevada's lithium clay and brine resources.

Among other details, the company said its geologists completed a single, 1-meter deep auger hole about 500 meters east of the first planned exploration well at Columbus.

The company's shares slipped 1% on last look on Monday.