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Centenera Mining Corp.
Summary
| Project: | Esperanza | |
|---|---|---|
| Deposit: | Esperanza | |
| Location: | Argentina | |
| Commodities: | Copper-Gold | |
| Date: | 6/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-6-2018: Centenera Mining Corp. announces an Exploration/Drilling Update report for its Esperanza deposit at the Esperanza project. Drilling results incl. 451m @ 0.21% Cu, 0.12g/t Au from 0m. Vancouver, British Columbia – Centenera Mining Corporation (“ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Keith Henderson (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – Centenera Mining Corporation (“Centenera” or the “Company”) - (TSXV: CT, OTCQB: CTMIF) has received positive drill results from drill hole 18-ESP-027 at the Esperanza Copper-Gold Porphyry project. Drill hole 18-ESP-027 collared in mineralization and continued to drill mineralized rock to end of hole. Mineralization remains open at depth. Highlights include 451m grading 0.30% copper equivalent1 , including 100m (10m to 110m) grading 0.42% copper equivalent1 (Figure 1 & 2, Table 1). In addition, surface chip sampling along a new road cut located to the south of drill hole 18-ESP-027 returned 82m grading 0.23% copper equivalent1 , indicating that the mineralizing system continues at surface to the south, towards Target A, one of four priority drill targets at Esperanza. (Figures 1 & 2, Table 2). “Our 2018 drill program at Esperanza has been successful in outlining additional mineralization and defining clear targets for future drill testing,” stated Keith Henderson, Centenera’s President & CEO. “The deposit remains open both laterally and at depth and the Company is currently in discussions with a number of potential joint venture partners to assess the potential for a large, bulk tonnage porphyry style deposit.” The outcropping copper-gold porphyry mineralization at Esperanza was first drill-tested in 2006-2007 by 11 drill holes. The 2018 Esperanza drill program returned two drill holes with continuous mineralization from surface to end of hole; 387m in 18-ESP-025 and 451m in 18-ESP-027, with both holes open at depth. Notably, 18-ESP-025 was ranked third best copper drill intersection globally when compared to all copper exploration drill results from Q1 2018. | |
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