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Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) was recently featured in an article by Streetwise Reports, following the company’s announcement on February 21 that significant new mineralization at surface was exposed at its Esperanza copper-gold project in San Juan province in Argentina.
Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) was recently featured in an article by Streetwise Reports, following the company’s announcement on February 21 that significant new mineralization at surface was exposed at its Esperanza copper-gold project in San Juan province in Argentina.
As quoted in the article,
According to Centenera, “the exposed mineralization is hosted in intensely altered rock interpreted to be part of the highly-prospective Canyon Stock which now appears to extend significantly further to the southeast than previously known.” It noted that it will complete mapping and sampling over the next few weeks.
The company also announced that it has begun drilling the project. Seven holes drilled in 2006-2007 by Cardero Resource Corp. intersected what Centenera is calling “significant copper-gold mineralization,” and noted the following highlights in its Feb. 21 news release:
Best intersection is 353.1m from surface, grading 0.35% copper and 0.18 g/t gold (0.49% copper equivalent) including 243.1m grading 0.40% copper and 0.21 g/t gold (0.57% copper equivalent)
Mineralization is outcropping at surface with a pyrite halo extending over a 1,400m x 850m area
Drill holes generally intersected mineralization at surface
Mineralization is open all directions
Majority of drill holes terminated in mineralization (due to the depth limitations of the drill rig) and are open at depth
Several drill holes demonstrate increasing grade with depth
Click here to read the full article.
Source: www.streetwisereports.com
