# Centenario Gold Announces Results from the First Drill Program on Eden Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/centenario-gold-announces-results-from-the-first-drill-program-on-eden-project--fdfa6b69-25d1-463d-b842-735302ffc010

Original source: https://money.tmx.com/en/quote/CTG/news/8514779866768520/centenario-gold-announces-results-from-the-first-drill-program-on-eden-project

Publisher: tmx

Original announcement: 2024-03-07T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Centenario Gold Corp.

- Ticker: CTG

- Exchange: TSX

- Region: Durango, Mexico

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Other

- Extracted: 2026-09-15 19:29:11 UTC

Narrative sentiment: -0.20 · Bearish

## Minestarters Atlas summary

Centenario Gold has completed its first drill program at the Eden gold-silver project in Durango, Mexico, testing the Buenavista corridor. While the drilling confirmed the continuity of the mineralized structure at depth and along strike, the intercepts returned only anomalous gold and silver values rather than the high grades seen in surface sampling.

Reasoning: The maiden drill program confirmed structural continuity and extensions but failed to intercept the high-grade mineralization previously identified via surface sampling, returning only anomalous grades.

- Positive factor: confirmed continuity of the Buenavista strike and down-dip extensions

- Positive factor: identified a second parallel quartz-rich structure in hole ED23-01

- Positive factor: geological indicators suggest high level in the epithermal column

- Negative factor: drilling returned only anomalous gold and silver values

- Negative factor: unable to repeat high-grade surface sampling results

Facts used in scoring: 1

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release details specific QA/QC protocols including the use of standards, blanks, and duplicates, and names an ISO-compliant laboratory.

Evidence · text

> Quality control samples including standards, blanks and duplicates were inserted between core samples

**Nearology Play**

Polarity: neutral

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

Why it applies: The project is positioned adjacent to the Los Reyes and Nuestra Señora producing mines.

Evidence · text

> located just north of Prime Mining Corp's Los Reyes project

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### ED23-01

[Link to this fact](https://atlas-extractions.minestarters.com/news/centenario-gold-announces-results-from-the-first-drill-program-on-eden-project--fdfa6b69-25d1-463d-b842-735302ffc010#fact-drill-facts-0)

Eden

#### Identity

- Hole ID: ED23-01
- Project: Eden
- Region: mexico
- Reported Region: mexico
- Ticker: CTG

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Chemex Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-03-07T00:00:00.000Z

Reasoning: Hole ED23-01 is noted for intersecting a second parallel structure, though specific grades for this hole were not provided in the narrative text.

- Positive factor: intersected a second parallel quartz-rich structure

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "On site, the drill core was placed in marked core boxes, transferred to a company truck, then driven out of the drill si"

## 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.
