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Centenario to begin Phase 2 exploration at Eden Property

Market News, Mining
TSXV:CTG
12 April 2024 12:28 (EDT)

Centenario Gold (TSXV:CTG) has revealed it is planning for the next phase of exploration at its Eden property in Mexico.

In a news release, the Vancouver-based company stated its geological team has analyzed recent drill data and reinterpreted all geological information obtained at the Eden project over the past two years.

The lithological, mineralogical, alteration and structural characteristics and zoning patterns observed in the drill core represent another component to the geological model based on previous exploration work.

Since early 2024, Centenario’s geological team has also outlined several new targets to drill-test across the property, including the northern structurally controlled extension and the upper deeper portions of the Buenavista epothermal system.

Located in the Durango state of Mexico, the company’s Eden Property consists of two contiguous and titled mineral concessions, El Eden and El Eden 1, totaling 2,489 hectares. The Eden Project is also composed of four known gold-silver mineralization systems, which include the Buenavista, El Eden-Guadalupana, La Provedora and La Paloma veins

Centenario Gold is a natural resource exploration company focused on exploring and generating high-quality mineral prospects in Mexico.

Shares of Centenario Gold (TSXV:CTG) are up 66.67 per cent to C$0.025 as of 10:58 am ET.

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