on Centenario Gold Corp. (isin : CA15139A1093)
Centenario Gold Amends Eden Property Option Agreement
Centenario Gold Corp. has amended its Eden Property Option Agreement, extending the payment schedule over two and a half years. The Eden property, located in Mexico near Prime Mining Corp's Los Reyes project, requires Centenario to meet exploration expenditures totaling US $3 million by June 2027. To date, US $1,470,970 has been spent. The amendment offers a new payment plan, maintaining the total at US $485,000.
Centenario plans a second phase drill program for early 2025. This follows geological insight from phase one, completed in February 2024. The project focuses on untested mineralized zones like Buenavista and La Provedora, including potential deeper systems. The Buenavista structure holds high-grade gold and silver, with parts still unexplored beyond 250 meters.
Geophysical surveys have identified additional drill targets within the Buenavista Corridor. The La Provedora prospect, with historical high-grade findings, is also a focus, despite limited surface exposure.
R. E.
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