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Centurion Minerals Ltd.
Summary
| Project: | Ana Sofia | |
|---|---|---|
| Deposit: | Ana Sofia | |
| Location: | Argentina | |
| Commodities: | Gypsum | |
| Date: | 10/31/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-10-2016: Centurion Minerals Ltd. announces a Resource Estimation report for its Ana Sofia deposit at the Ana Sofia project. JV with Demetra Minerals - initial mineral resource estimate for the property. Demetra Minerals Inc. (“Demetra”) is a private Ca | |
| Resources: | (Maiden resource, Inf): 1.47Mt @ 94.1% Gypsum | |
| CP/QP: | [Resources]: Andrew J. Turner, Steven J. Nicholls (APEX Geoscience Ltd.) | |
| ABSTRACT: | Demetra Minerals Inc. (“Demetra”) is a private Canadian junior mineral exploration company that is the owner of, through a wholly owned subsidiary Demetra Fertilizantes S.A. (formerly Demetra Minerals S.A.), two (2) mining leases (legally granted) and a mineral exploration concession (in application) located in the province of Santiago del Estero, in north-central Argentina. These mineral concessions are referred to collectively throughout this report as the Ana Sofia Property (“Ana Sofia”, or the “Property”) (see Figures 2.1 and 2.2). In November 2015, Demetra signed a Letter of Intent (LOI) with Centurion Minerals Ltd. (“Centurion”), a publicly traded Canadian junior mineral exploration company (CTN:TSX.V), concerning a proposed Joint Venture (JV) with respect to the further exploration and development of the Ana Sofia Property (Centurion Press Release dated November 2, 2015) and in January of this year a formal JV agreement between the two companies was executed (Centurion Press Release dated January 29, 2016). The Ana Sofia Property is being explored and developed for the industrial mineral gypsum as an agricultural product (soil conditioner) and covers past-producing gypsum quarries. This report is written by Mr. Andrew J. Turner, P.Geol., a Principal and Senior Consulting Geologist, and Mr. Steven J. Nicholls, BA.Sc (Geology)., M AIG, Resource Geologist, both with APEX Geoscience Ltd. (APEX), a geological consulting firm based in Edmonton, Alberta, Canada. Mr. Turner is referred to throughout this report as the “primary author” of the report and is responsible for all of its sections. The co-author, Mr. Nichols, is responsible for section 14 of this report: Mineral Resource Estimates. The authors of this report are independent of both Demetra and Centurion. | |
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