- Centurion Minerals (TSXV:CTN) reveals findings from a comprehensive compilation of historical data have led to the interpretation of a high-quality priority gold exploration target on its Newman Property
- The property is part of the company’s Casa Beradi West Gold Project in Ontario
- the gold target is based on a basal till gold anomaly found in reverse circulation drilling done in 1987, resulting in nine heavy mineral concrete samples that returned assay grades greater than 1 gram per ton
- Shares of Centurion Minerals are unchanged at C$0.025
Centurion Minerals (TSXV:CTN) has revealed findings from a comprehensive compilation of historical data have led to the interpretation of a high-quality priority gold exploration target on its Newman Property.
The Vancouver-based company stated in a Wednesday news release that the target, found on the company’s Casa Berardi West Gold Project in Ontario, is based on a basal till gold anomaly found in reverse circulation drilling that was completed in 1987.
Drillling resulted in a total of nine heavy mineral concentrate samples returning assay grades greater than one gram per tonne (/gt) gold, including a high sample value of 38 g/t gold.
“Having completed compilation and review of the geology and historical exploration data, it is evident that all three properties contain significant exploration potential,” David Tafel, CEO of Centurion Minerals, said in a statement. “We have prioritized the till anomaly target on the Newman Property and have begun preparations for our 2024 exploration program”
Tafel explained the company plans to bring the project to drill stage during the 2024 exploration season while also advancing exploration at the Hepburn and Noseworthy properties.
The Casa Berardi West Gold Project consists of three properties – Newman, Noseworthy, and Hepburn – spanning a total area of approximately 6,782 hectares in the Abitibi Greenstone belt.
All three properties are associated with structural zones that are host to numerous gold occurrences and active gold exploration projects.
Centurion Minerals is focused on mineral asset exploration and development in the Americas.
Shares of Centurion Minerals Ltd. (TSXV:CTN) are unchanged at C$0.025.
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