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Centurion Executes Agreement for Menawan Gold Property Located in Aceh, Sumatra
Oct. 22, 2010 05:37PM PST
Gold InvestingCenturion Minerals Ltd. (CVE:CTN) reports that the company has executed an Agreement with private Indonesian company, PT Nanggroe Kuchi Puega. According to the agreement, Centurion will hold an 80% joint venture interest in the Menawan Property in Aceh Province, Sumatra, Indonesia.
Centurion Minerals Ltd. (TSXV:CTN) reports that the company has executed an Agreement with private Indonesian company, PT Nanggroe Kuchi Puega. According to the agreement, Centurion will hold an 80% joint venture interest in the Menawan Property in Aceh Province, Sumatra, Indonesia.
The press release is quoted as saying:
The Menawan prospect is located in the easternmost part of the 25 kilometre (km) long Miwah lineament, an east-north-east-trending mineralized structural corridor passing through the Miwah epithermal gold deposit situated about 18 km west of Menawan. It is one of at least six gold and copper±gold showings composing the Menawan anomaly. All the occurrences were delineated in the mid 1990s by PT Miwah Tambang Emas (Highlands Gold Ltd.) on the basis of confirmation of the metalliferous outcrops.
Click here to access the entire press release
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