STRONG COPPER AND COBALT SOIL GEOCHEMISTRY RESULTSseason. Drilling is planned for January‐February 2018.
CONFIRM POTENTIAL OF PEBAS PROJECT, BRAZIL
Rock chips return grades of up to 0.75% cobalt – ground EM survey underway ahead of drilling in early 2018
Key Points
Recently received soil sample assay results confirm the presence of a +2km long copper‐gold
anomaly at Centaurus’ 100%‐owned Pebas Project, located near Avanco Resources’ operating Antas
Norte copper‐gold mine within the world‐class Carajás Mineral Province in northern Brazil.
The anomaly is locally up to 400m wide and is coincident with a 1km long discrete magnetic
signature. New rock chip results from samples collected at Pebas include assays of up to 0.51%
copper and 0.75% cobalt, with best historical results of up 27.6% copper and 4.6g/t gold.
Diamond drilling carried out by a previous TSX‐listed explorer in 2010 returned intersections of up
to 3.74% Cu within broad zones of lower grade mineralisation (146.9m at 0.21% Cu and 0.08 g/t Au
from surface). The drilling did not test the potential high‐grade fault‐related IOCG target.
A ground EM survey is currently underway to evaluate the high‐grade fault‐related target, which is
interpreted to be in a similar geological and structural setting to Antas Norte.
Additionally, two new quality targets have been identified where more detailed mapping and in‐fill
soil sampling is underway.
The Pebas Project is located in open pasture, less than 10km from the regional centre of
Parauapebas, which will allow drilling to be undertaken during the forthcoming regional wet
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