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Centenario Gold Announces Results From First Drill Program On Eden Project
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Centenario Gold Announces Results From First Drill Program On Eden Project
Mar 7, 2024 10:06 AM

12:53 PM EST, 03/07/2024 (MT Newswires) -- Centenario Gold Corp. (CTG.V) Thursday announced the results from its maiden drill program on the Eden property in Mexico.

Between Dec. 7, 2023 and Jan. 21, 2024, the company completed the first drilling program on its Eden gold-silver property, located just north of Prime Mining Corp.'s Los Reyes project, near Cosala, Sinaloa.

The program completed 1,506 metres of drilling distributed in eleven, HQ-core holes, testing the strike and downdip extensions of the mineralized structure along a section of the Buenavista corridor. Assay results have been received on 9 of the 11 holes.

Assays are pending for holes ED24-09 and ED24-11 and will be released when received, according to a company statement.

The holes completed during this first phase of drilling tested a 650 m long section of the Buenavista corridor, centered along the old mining workings where previously sampled surface rock sampling returned high-grade gold and silver values as high as 239.9 g/t Au and 1390 g/t Ag.

Drill holes varied between 100 m and 150 m in depth and were spread out across eight drill pads, three of which hosted a pair of holes. All eleven (11) holes intersected the Buenavista vein-breccia structure at depths ranging between 50 to 110 m. Hole ED23-01 on the other hand, also intersected a second parallel quartz-rich structure, 50 metres further to the W-NW.

Price: 0.03, Change: -0.03, Percent Change: -50.00

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