Canter Resources welcomes boron as critical mineral

Executive Summary

• Canter Resources highlights the U.S. Geological Survey's addition of boron to the 2025 list of critical minerals, a move expected to accelerate domestic investment and provide strategic advantages for its Columbus Lithium-Boron Project in Nevada.
• The company cites recent nearly $1-billion U.S. Department of Energy funding for Ioneer’s nearby Rhyolite Ridge project as evidence of the sector's momentum, noting its Columbus project is located just 27 kilometers south.
• Management emphasizes the strategic importance of boron for decarbonization and national security, targeting exploration and discovery exposure in the first half of 2026.

Key Details

• Critical Mineral Status: Boron has been added to the USGS 2025 list of critical minerals, elevating it alongside lithium and 58 other commodities eligible for strategic government financing and policy support.
• Project Location & Context: The Columbus Lithium-Boron Project is located in Nevada, approximately 27 kilometers north of Ioneer’s Rhyolite Ridge project, which recently received significant DOE funding.
• Geochemical Results (Sediment): Field programs returned up to 30,000 parts per million (ppm) Boron (B) in solid sediment samples.
• Geochemical Results (Brine): Shallow brine samples showed up to 1,730 milligrams per litre (mg/L) total Boron and 820 mg/L dissolved Boron.
• Geological Footprint: A broad lithium-boron mineralized system extends across an estimated 8 km by 6.5 km area of the Columbus basin, featuring both sediment-hosted and brine-hosted boron anomalies.
• Structural Trends: Geochemical mapping reveals a northerly trend of increasing boron concentrations toward a structural corridor, coincident with the company's two highest-priority targets for future exploration well drilling.
• Strategic Benefits: The critical mineral status enhances eligibility for federal funding, streamlined permitting pathways, and institutional interest in domestic supply chains.
• Future Exploration: The company plans a phased drilling approach to test highly prospective brine targets at varying depths, aiming to define mineral resources by H1 2026.
• Technical Review: Technical information was reviewed and approved by Eric Saderholm, PGeo, Director and Technical Advisor of Canter Resources.

Notable Quotes

• Joness Lang, CEO: "We believe Columbus features one of North America's most prospective untapped sources of both lithium and boron, two minerals now both recognized as critical by the U.S. government... The need for more domestic supply of critical minerals has never been more salient, and we look forward to providing shareholders with exploration and discovery exposure during H1 2026."