Centenera
Mining Corp. (CT:TSX.V; CTMIF:OTCQB) announced staking of Ana Maria project and plans for initial
reconnaissance exploration and surface geochemical sampling in Q4/18.
"The Project was acquired through staking and comprises three
separate exploration claims, totaling almost 10,000 hectares and located in
the vicinity of the Company's Organullo gold project," stated the news
release.
"Staking opportunities are rare in Salta Province where prospective
ground is at a real premium," stated Keith Henderson, Centenera's
president and CEO, "Property acquisitions in this region are generally
achieved through option agreements with underlying owners, which can be
expensive. With this acquisition, Centenera has an opportunity to assess and
explore this large prospective area with an extremely low acquisition
cost."
To the best of the company's knowledge, the project has not been subject
to prior exploration, at least not in recent times, stated the company.
Centenera has considerable expertise in the Organullo District and regionally
in Salta Province.
"The area is prospective for epithermal gold deposits and associated
mineralization," stated the company. "The company possesses
considerable amounts of regional exploration data that will aid initial
exploration and targeting. This data includes extensive BLEG sampling results
covering prospective belts in northwest Argentina, which was collected in
partnership with Newmont in 2008."
The company also has interpreted regional satellite imagery, regional
geophysical data, and various other geological and geochemical data sets.
Centenera reported that the next steps are to include initial
reconnaissance of the project areas to determine the location of initial
exploration. Thereafter, exploration will likely focus on detailed surface
geochemistry.
[NLINSERT]
