EXPLORATION & DEVELOPMENT

Centenera options Argentina gold-silver projects

Vancouver-based explorer Centenera Mining (TSXV:CT) has acquired options to earn 100% interest in six precious metals properties in the prospective Deseado Massif of Santa Cruz province, Argentina.

 Centenera Mining is earning a 100% interest in six Argentina properties in the prospective Deseado Massif

Centenera Mining is earning a 100% interest in six Argentina properties in the prospective Deseado Massif

Under three separate option agreements, Centenera will earn interests in two properties each, in return for staged cash and share payments and a net smelter return royalty owned by property vendor Tres Cerros Exploraciones.

"This acquisition gives Centenera a meaningful foothold in this important mining and exploration district," president and CEO Keith Henderson said.

According to him, Santa Cruz is a leading jurisdiction for discovery of low and intermediate sulphidation epithermal gold and silver deposits, where about 19 million ounces of gold and 580 million ounces of silver have been discovered since 1990.

"For precious metals it is possibly the highest-ranked exploration destination in South America and, with a relatively short history of mineral exploration, the discovery potential is expected to be extremely high," Henderson says.

Senior mining companies such as AngloGold Ashanti, Panamerican Silver, Yamana Gold and Goldcorp continue to explore in the region.

Tres Cerros is an Argentinean company founded by a group of exploration geologists with extensive experience in the Deseado Massif and who have been involved in several discoveries over the last few years including the Cerro Moro, Mina Martha, Joaquin and Virginia deposits.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.