Centurion Reports Significant Gold Assays From Rock Samples From Its Banda Raya Property
November 21 2011 - 9:00AM
Marketwired
Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the
Company") is pleased to announce significant gold assay results
from rock channel samples from the Zulham prospect within the Banda
Raya property in Aceh province, Northern Sumatra, Indonesia. The
assay results are indicative of potentially large epithermal and/or
shallow intrusion-related gold mineralization within the area.
Highlights from assay results received to date from a total of
105 rock samples taken from the Zulham prospect are as follows:
-- 8 samples @ 6 - 14.5 grams/tonne (g/t) Au
-- Including 4 samples @ 10 - 14.5 g/t Au
-- 18 samples @ 1 - 3.9 g/t Au
-- 17 samples @ 0.1 - 0.9 g/t Au
-- The balance are less than 0.1 g/t Au
All assays came from 1 metre (m) sawn rock channel samples with
the exception of four analyses within the 1 - 3.9 g/t Au group that
were rock chip samples. The Company is currently preparing a
first-phase drilling program in the area to commence as quickly as
possible.
The Zulham prospect is situated within the east-west trending
Miwah-Menawan lineament and approximately 1875 m above sea level.
Thus far, the mineralization has been defined over an area of 300 m
in length and 2-7 m in width, and remains open in all directions.
Gold is believed to occur in galena-sphalerite-dominated sulfide
veins and stockworks, sheeted veins with comb texture, vuggy
breccias with sulfide dissemination, and hydrothermal breccias with
sulfide cements.
Furthermore, the Zulham prospect is approximately 750 m
northeast of the previously identified Keladi prospect, from which
past explorer Highlands Pacific Ltd. reported nine rock chip
samples that returned between 2 and 27 g/t Au over a 500 m long
vein system. Both Zulham and Keladi lie within a 1.5-km diameter
multiple-ring circular structure.
"These results validate our geological teams' efforts to 'cover
the last mile' in challenging terrain and we are eager to advance
the exploration program in order to determine the size of this gold
prospect," stated Alfred Lenarciak, Centurion Chairman.
Qualified Person, Quality Assurance and Quality Control
Thomas Mulja, Ph.D., P.Geo and Chief Operating Officer of the
Company is the Qualified Person under National Instrument 43-101
who has supervised the preparation of the technical contents of
this news release.
The sampling protocol is managed by Centurion Minerals under the
supervision of Thomas Mulja and/or exploration manager Thomas Dott.
Rock chips and sawn channel samples are sealed in poly zip lock or
"Hubco" sample bags and delivered to Intertek Testing and
Inspection Services preparation laboratory in the city of Medan,
North Sumatra. The resulting pulps are sent directly by the
laboratory staff to its headquarters analytical laboratory in
Jakarta. The Jakarta Laboratory is ISO 90001 and 17025 accredited
and employs a Laboratory Information Management System for sample
tracking, quality control and reporting. In addition to Intertek
internal standard materials and blank samples, Centurion regularly
inserts into every sample batch its own certified rock standards
from OREAS and GEOSTATS, Australia, and field duplicate samples.
Gold is determined with fire assay methods (FA 50), and other
elements with Induced Coupled Plasma-Optical Emission Spectrometry
(ICP-OES; Intertek Codes: IC01 and IC50). Intertek systematically
re-assays selected low, high, and over-limit results.
ABOUT CENTURION
Centurion Minerals Limited is an Indonesian-based,
Canadian-headquartered company focused on the procurement,
exploration and development of gold, copper and other precious
metal projects in Indonesia.
On Behalf of the Board,
David G. Tafel, President and CEO
This news release may contain forward looking statements
concerning future operations of Centurion Minerals Ltd. (the
"Company"). All forward looking statements concerning the Company's
future plans and operations, including management's assessment of
the Company's project expectations or beliefs may be subject to
certain assumptions, risks and uncertainties beyond the Company's
control. Investors are cautioned that any such statements are not
guarantees of future performance and that actual performance and
exploration and financial results may differ materially from any
estimates or projections.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Centurion Minerals Ltd. Investor Relations (604)
484-2161 or Toll Free (North America) 1-877-784-2161 (604) 683-8544
(FAX)info@centurionminerals.comwww.centurionminerals.com
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