Building a Portfolio of Mineral Projects in Argentina
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Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) is a mineral exploration company with a diversified portfolio of assets in Argentina. At the flagship Esperanza copper-gold project, significant near surface mineralization was discovered by drilling in 2007 and the Company is focused on testing the bulk tonnage, open pit mining potential of the porphyry deposit. The Centenera executive team has exploration, development and financing experience in South America.
Flagship Esperanza Copper – Gold Porphyry Project
Located Close to Existing Infrastructure within Mining-friendly San Juan Province
Esperanza is located 135km north of the city of San Juan, San Juan Province, northwestern Argentina. The project has year-round road access and is within 35km of power lines. At an elevation between 3,000m and 3,500m, the project is not in the high Andes.
San Juan Province is host to large gold mines and world class copper deposits including the Veladero Gold Mine (Barrick/SD Gold) and the Gualcamayo Gold Mine (Yamana Gold).
Near Surface Copper-Gold Porphyry System
A copper-gold porphyry system was discovered by drilling in 2006-2007 following mapping of alteration and extensive outcropping of mineralization at surface. A pyrite halo extending over 1,400m x 850m at surface indicates the potential for a large, near surface porphyry copper-gold deposit.
Satellite image of Esperanza copper-gold porphyry system and 2007 drill traces.
Historical Mineralization Open at Depth and in All Directions
Significant near surface copper-gold porphyry mineralization was intersected in seven historical drill holes (2,011m) in 2006-2007. Most holes terminated in mineralization (due to limited drill capabilities) and grade increases with depth in several holes. The porphyry system is open at depth and untested in all directions.
Drilling Highlights. 1 True width is not known. 2 Copper equivalent = Copper grade % x (0.795 x gold grade g/t), where the conversion factor of 0.795 is calculated by comparing the value of 1 tonne of copper ore (at copper prices of $2.20/lb ($4,850.16/t)) to the value of 1 tonne of gold ore (at $1,200/oz ($38.58g/t)) and assuming 100% recovery.
Management & Board of Directors
Keith Henderson – President, CEO & Director
Mr. Henderson has 25 years’ global experience in the mineral exploration industry throughout Africa, Europe, and North and South America. He was educated in Europe, graduating with B.Sc. (Hons) and M.Sc. in geology and has extensive experience in multiple mineral deposit types and commodities. Keith worked with Anglo American Exploration in Europe and North America, leading a number of exploration projects and ultimately, he was appointed project manager for Anglo Coal as the company made its first entry into Canada. In 2007, Keith joined Cardero Resource Corp. as Executive Vice-President, where he played a critical role in advancing the Pampa de Pongo through a positive scoping study and ultimate sale for US$100 million cash. He was formerly President & CEO at Dorato Resources and is currently President & CEO at Velocity Minerals focused on gold exploration in Bulgaria. Keith serves on the board of several public companies.
Blaine Bailey – Chief Financial Officer
Mr. Bailey is a Certified General Accountant who has worked with numerous private and public companies over the past 20 years. Blaine brings complementary skills to the team in the areas of finance, administration and financial reporting.
Marla Ritchie – Corporate Secretary
Ms. Ritchie brings over 25 years’ experience in public markets working as an Administrator and Corporate Secretary specializing in resource based exploration companies to the Company. Since 2001, she has been the Corporate Secretary for Cardero Resource Corp. Between 1992 and 2003, Marla worked for Ascot Resources Ltd, Brett Resources Inc., Golden Band Resources Inc., Hyder Gold Inc., Leicester Diamond Mines Ltd., Loki Gold Corporation, Oliver Gold Corporation and Solomon Resources Limited. She is also currently the corporate secretary for Corvus Gold Inc., Dorato Resources Inc., International Tower Hill Mines Ltd. and Wealth Minerals Ltd.
Henk van Alphen – Director
Mr. van Alphen is a successful mining executive with 35 years of experience. He is the founder of Pacific Rim and Cardero Resource Corp and has a long history of project spin-outs and value-creation with early involvement in Trevali Mining, ITH Mines, Balmoral Resources and others. Henk has been directly responsible for raising $200 million in the last 10 years and has been closely associated with an additional $800 million in finance. He is highly experienced in South America (Peru and Argentina) and acquired Peru iron deposit for $0.5M and sold for $100M cash. Mr. van Alphen is currently President & CEO of Cardero Resource Corp and Wealth Minerals and a director at Blackrock Gold Corp., Ethos Gold Corp., Jagercor Energy Corp. and RavenQuest BioMed Inc.
Anne Labelle – Director
Ms. Labelle has been the vice-president legal and sustainability of Midas Gold Corp. since 2011. She is responsible for managing all aspects of the legal, sustainability and regulatory affairs, including responsibility for oversight of legal affairs, and management and direction of the environmental, permitting and regulatory aspects of the Stibnite Gold Project. She is also currently on the board of directors of Fiore Gold (TSX-V. F). Ms. Labelle is a geologist and a lawyer, working in mineral exploration and development since the mid-1990s. She was called to the bar in 2006 in British Columbia, and practised securities law at Gowling Lafleur Henderson LLP before returning to the mining industry in 2008. Ms. Labelle is a graduate of Carleton University, with a B.Sc. (Honours) in Geology, obtained her law degree at the University of British Columbia, and is a member of the Law Society of British Columbia.
Stephen Pearce – Director
Mr. Pearce is a practicing lawyer who specializes in corporate and securities work. He serves as a director and officer of several resource related public companies. He has a law degree from the University of British Columbia and an economics degree from York University.
Robert Kopple – Director
Mr. Kopple is an experienced investor, businessman, and lawyer. He is involved in a broad range of corporate financing activities with public companies. He is an experienced lawyer, and a senior partner in a law firm based in Los Angeles specializing in estate planning, tax law, and business transactions. He is an experienced investor with diverse interests in real estate, and a several operating companies in mining, health care and technology. He is a significant investor in Centenera Mining.
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