Results From The Surface And Underground Sampling Program Confirm The Existence Of A Significant Copper, Moly, Gold Skarn System At Los Reyes

Original announcement by tmx on

Company
Centenario Gold Corp.
Ticker
CTG
Exchange
TSX
Region
Mexico
Primary commodity
Copper
Secondary commodities
Molybdenum, Gold, Zinc, Silver
Document categories
Drill results, Other
Extracted
2026-09-15 18:41:09 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Centenario Gold Corp. has released assay results from a surface and underground sampling program at the Los Reyes Project in Mexico. The results confirm a significant copper-molybdenum-gold skarn system, with high-grade copper intercepts and anomalous gold values identified in the Tueda shaft zone.

Reasoning: The sampling program confirms a significant skarn system with high-grade copper (up to 27.9%) and presence of molybdenum and gold, supporting the upcoming drill program.

Positive factors

  • high-grade copper intercepts
  • presence of molybdenum and gold in Tueda shaft zone
  • skarn system confirmed

Negative factors

  • sampling is surface/channel based rather than drill core

Facts used in scoring: 11

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: Release mentions ALS Chemex laboratory and supervision by a senior professional geologist.

Evidence · text

“supervised by a senior professional geologist... transported... directly to the ALS Chemex Preparation Laboratory”

Nearology Playneutral

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

Why it applies: The project is positioned near the historical IMMSA exploitation zones.

Evidence · text

“peripheral margins of the mineralized skarn body that was previously exploited by IMMSA”

Extracted facts

Stored fact records: 11. Some facts used in scoring do not have a stored record.

Drill Results (11)

417968Los Reyes · copperGrade: 27.9Grade Unit: %Intercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
417968
Project
Los Reyes
Commodity
copper
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
27.9
Grade Unit
%
Intercept
0.6 m

Classification

Sample Type
surface

Location

Location
Jibosa shaft zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: 27.9% Cu is an exceptional grade for a skarn system.

Positive factors

  • exceptional copper grade

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

417995Los Reyes · copperGrade: 7.19Grade Unit: %View all details
Link to this fact

Identity

Hole ID
417995
Project
Los Reyes
Commodity
copper
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
7.19
Grade Unit
%

Classification

Sample Type
surface

Location

Location
Jibosa shaft zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: 7.19% Cu is a very strong intercept from a stockpile sample.

Positive factors

  • strong copper grade

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

417995Los Reyes · zincGrade: 2.88Grade Unit: %View all details
Link to this fact

Identity

Hole ID
417995
Project
Los Reyes
Commodity
zinc
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
2.88
Grade Unit
%

Classification

Sample Type
surface

Location

Location
Jibosa shaft zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: 2.88% Zn is a significant value for a surface sample.

Positive factors

  • significant zinc values

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

417962Los Reyes · molybdenumGrade: 1.29Grade Unit: %Intercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
417962
Project
Los Reyes
Commodity
molybdenum
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
1.29
Grade Unit
%
Intercept
1.8 m

Classification

Sample Type
surface

Location

Location
Tueda Shaft Zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: 1.29% Mo is a significant value in the Tueda shaft zone.

Positive factors

  • significant molybdenum

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

417962Los Reyes · copperGrade: 0.04Grade Unit: %Intercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
417962
Project
Los Reyes
Commodity
copper
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
0.04
Grade Unit
%
Intercept
1.8 m

Classification

Sample Type
surface

Location

Location
Tueda Shaft Zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: Low copper grade in this specific sample.

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

417964Los Reyes · molybdenumGrade: 2.19Grade Unit: %Intercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
417964
Project
Los Reyes
Commodity
molybdenum
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
2.19
Grade Unit
%
Intercept
1.2 m

Classification

Sample Type
surface

Location

Location
Tueda Shaft Zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: 2.19% Mo is a strong intercept.

Positive factors

  • strong molybdenum

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

417964Los Reyes · copperGrade: 0.32Grade Unit: %Intercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
417964
Project
Los Reyes
Commodity
copper
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
0.32
Grade Unit
%
Intercept
1.2 m

Classification

Sample Type
surface

Location

Location
Tueda Shaft Zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: Moderate copper grade.

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

418000Los Reyes · copperGrade: 0.77Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
418000
Project
Los Reyes
Commodity
copper
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
0.77
Grade Unit
%
Intercept
2 m

Classification

Sample Type
channel

Location

Location
Tueda Shaft Zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: Solid copper grade for an underground channel sample.

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

418000Los Reyes · goldGrade: 0.35Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
418000
Project
Los Reyes
Commodity
gold
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
0.35
Grade Unit
g/t
Intercept
2 m

Classification

Sample Type
channel

Location

Location
Tueda Shaft Zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: Anomalous gold value in the Tueda shaft zone.

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

417905Los Reyes · copperGrade: 0.99Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
417905
Project
Los Reyes
Commodity
copper
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
0.99
Grade Unit
%
Intercept
4 m

Classification

Sample Type
channel

Location

Location
Tueda Shaft Zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: Strong copper grade for a channel sample.

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

417905Los Reyes · goldGrade: 0.19Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
417905
Project
Los Reyes
Commodity
gold
Region
mexico
Reported Region
Mexico
Ticker
CTG

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
4 m

Classification

Sample Type
channel

Location

Location
Tueda Shaft Zone
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-13T00:00:00.000Z

Reasoning: Anomalous gold value.

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

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.