STRONG COPPER AND COBALT SOIL GEOCHEMISTRY RESULTS CONFIRM...

STRONG COPPER AND COBALT SOIL GEOCHEMISTRY RESULTS
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​

season. Drilling is planned for January‐February 2018.