|January 10, 2007|
Centurion Outlines 2007 Thor-Odin Drill Program
|The Company is pleased to announce preparations are underway for its 1000 metre Drill program on the Thor-Odin property. The Thor-Odin property consists of three two-post claims covering 694.44 hectares within the New Westminster Mining Division of British Columbia. The claims are situated in the Harrison Lake area, British Columbia. The Company has an option to acquire a 100% interest in the Thor-Odin property, subject to a 1% net smelter royalty.|
The Thor Odin property has exploration potential for discovery of vein type precious metal mineralization and stratiform polymetallic massive sulphide mineralization.
The Company intends to begin drilling a number of defined geological and geophysical targets identified during its exploration program undertaken in 2005. The 2005 exploration program consisted primarily of a 12.8 kilometre Induced Polarization Survey and infill soil geochemical sampling. The Harrison Lake area can be explored year round and the Company intends to undertake the drill program as soon as the necessary permits are in place.
The Company's claims are adjacent to Carat Exploration Ltd's Seneca property which hosts the Seneca Zn-CU-Pb massive sulphide deposit. Carat is currently undertaking a 4000 metre drill program on the Seneca property.
The Company has, subject to regulatory approval, engaged Burnley Communications as its investor relations consultant. Burnley has been engaged, initially, for a 6 month period, at a fee of $6,000 per month. In addition, the Company will grant Burnley incentive stock options to purchase up to 75,000 shares of the Company at $.82 per share. Under the terms of the engagement, Burnley will assist in developing a communications package, and communicating with institutional, and individual shareholders.
Centurion is actively pursuing the acquisition of advanced stage resource projects, particularly in uranium and precious metals.
FOR FURTHER INFORMATION PLEASE CONTACT:
Balbir Johal, President and Director, at Suite 817 - 938 Howe Street, Vancouver, BC V6Z 1N9, telephone: (604) 684-9333.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the content of this news release.
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