Centenario Announces Initial Work Starting At The Los Reyes Copper Gold Project In Chihuahua, Mexico

Original announcement by tmx on

Company
Centenario Gold Corp.
Ticker
CTG
Exchange
TSX
Region
Chihuahua, Mexico
Primary commodity
Copper
Secondary commodities
Gold, Zinc, Silver, Molybdenum
Document categories
Drill results, Other
Extracted
2026-09-15 18:53:04 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Centenario Gold Corp. has initiated a two-phase work program at the Los Reyes copper-gold skarn project in Chihuahua, Mexico. The program includes underground mapping and sampling, followed by a planned 1500m diamond drilling campaign to test depth extensions of the mineralized zone.

Reasoning: The company is announcing the start of a new exploration phase and upcoming drilling at a prospective skarn project, though the primary assay data provided is historical from 2019.

Positive factors

  • Initiation of first phase work program
  • Upcoming 1500m diamond drilling program
  • Historical high-grade Cu-Zn-Ag skarn context
  • Permit submission completed

Negative factors

  • Historical assay data is being re-referenced rather than new assays being reported

Facts used in scoring: 5

Classification and evidence

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The release positions the project's potential based on historical mining at the Jibosa workings and the known Cu-Zn-Ag skarn zone.

Evidence · text

“The drilling program is designed to test the >100m depth extensions of the high-grade Cu-Zn-Ag skarn zone that ASARCO... previously mined”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The primary assay data provided in the table is from a 2019 press release by Valterra Resource Corp.

Evidence · text

“In a press release dated December 2, 2019 - Valterra Resource Corporation reported results”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Drill Results (5)

Fact 1copperGrade: 3.1Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
copper
Region
mexico
Reported Region
Chihuahua, Mexico
Ticker
CTG

Geometry

Grade
3.1
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-12-02T00:00:00.000Z

Dates

Event date
2026-04-16T00:00:00.000Z

Reasoning: Historical surface sampling reported a strong average copper grade of 3.1%.

Positive factors

  • Strong copper grade from historical surface sampling

Negative factors

  • Historical data from 2019

Evidence · text

“The average Cu grade was 3.1%”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 2goldGrade: 0.57Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Region
mexico
Reported Region
Chihuahua, Mexico
Ticker
CTG

Geometry

Grade
0.57
Grade Unit
g/t

Classification

Sample Type
surface

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-12-02T00:00:00.000Z

Dates

Event date
2026-04-16T00:00:00.000Z

Reasoning: Historical anomalous surface samples contained up to 0.57 g/t gold.

Positive factors

  • Presence of gold in anomalous samples

Negative factors

  • Historical data from 2019

Evidence · text

“reaching up to 0.57g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 3silverGrade: 25.3Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Region
mexico
Reported Region
Chihuahua, Mexico
Ticker
CTG

Geometry

Grade
25.3
Grade Unit
g/t

Classification

Sample Type
surface

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-12-02T00:00:00.000Z

Dates

Event date
2026-04-16T00:00:00.000Z

Reasoning: Historical anomalous surface samples contained up to 25.3 g/t silver.

Positive factors

  • Anomalous silver values reported

Negative factors

  • Historical data from 2019

Evidence · text

“25.3g/t Ag”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 4zincGrade: 1.7Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
zinc
Region
mexico
Reported Region
Chihuahua, Mexico
Ticker
CTG

Geometry

Grade
1.7
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-12-02T00:00:00.000Z

Dates

Event date
2026-04-16T00:00:00.000Z

Reasoning: Historical anomalous surface samples contained up to 1.7% zinc.

Positive factors

  • Presence of zinc in anomalous samples

Negative factors

  • Historical data from 2019

Evidence · text

“1.7% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 5molybdenumGrade: 0.47Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
molybdenum
Region
mexico
Reported Region
Chihuahua, Mexico
Ticker
CTG

Geometry

Grade
0.47
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2019-12-02T00:00:00.000Z

Dates

Event date
2026-04-16T00:00:00.000Z

Reasoning: Historical anomalous surface samples contained up to 0.47% molybdenum.

Positive factors

  • Presence of molybdenum in anomalous samples

Negative factors

  • Historical data from 2019

Evidence · text

“0.47% Mo”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.