CENTAURUS UNCOVERS EXCITING NEW COPPER‐COBALT EXPLORATION OPPORTUNITY AT SERENDIPIDADE, BRAZIL Recent review of historical drilling reveals multiple drill‐hole intercepts of +0.20% cobalt Key Points The recently identified and validated historical geological, geophysical and drilling database for the Serendipidade Prospect, part of Centaurus’ Salobo West Project in Northern Brazil, has revealed an exciting new exploration opportunity. The database includes near‐surface drill intersections with significant cobalt and copper values such as 4m @ 0.16% cobalt and 0.94% copper from 13m and 10m @ 0.09% cobalt and 0.14% copper from 18m. The Prospect is delineated by a +2.5km long x 700m wide Cu‐Co‐Au‐Ag‐Mo soil anomaly that is coincident with a strong Electromagnetic (VTEM) response. The extensive historical geophysical database over the area includes VTEM, Mag and IP survey work. The EM response at Serendipidade is associated with broad sulphide‐rich sedimentary horizons that returned drill intersections of up to 124m @ 0.021% cobalt. The Serendipidade Prospect is consistent with a copper‐cobalt rich sedimentary‐style mineralisation model. The main targets are N‐NNE structures that are interpreted to represent the plumbing system for the metal‐rich fluids and have the potential to host semi‐massive and massive sulphide mineralisation.
