|December 20, 2010|
Centurion Minerals Identifies Additional Target Areas on Banda Raya and Halimon Gold Projects
|Vancouver, B.C., December 20, 2010. Centurion Minerals Ltd. (CTN: TSX-V) ("Centurion", "the Company") wishes to report that its exploration teams continue to encounter positive visual results from surface geochemical activities which include ongoing rock chip, stream sediment, and spectrometer sampling at the Banda Raya and Halimon projects located in Aceh Province, northern Sumatra, Indonesia. Exploration crews are advancing programs on the Company's high priority targets - Leuping, Lee Cuko, Simpang Tiga, Geudob, Tiger Ridge and Menawan epithermal/porphyry - within the two properties. Click here to view map of previously identified and additional target areas: http://www.centurionminerals.com/i/maps/banda-raya-area21.gif|
Leuping Target (Banda Raya)
Further to the Company's September 30th news release, which confirmed the presence of widespread high sulphidation alteration within the Leuping target area, a program of systematic rock chip sampling and mapping has discovered further zones of sulphide-bearing silica rock alteration, veining and gossan development. Assays of rock chip samples are currently pending with results expected early in 2011.
Lee Cuko Target (Halimon)
This target area is located approximately 4.0 kilometres north of East Asia Mineral's potentially multi-million ounce Miwah gold project, and 1.5 kilometres north of their emerging Sipopok gold prospect. Ongoing exploration at the Lee Cuko target area by Centurion, has successfully located further sulphide-bearing silica altered outcrops, confirming historical exploration reports that highlighted the area as being anomalous in precious and base-metals. Rock chip samples have been dispatched for analysis and follow-up work programs for the target area in 2011 are being planned.
Simpang Tiga, Geudob, Tiger Ridge, and Menawan Targets (Banda Raya)
These targets form a cluster of epithermal gold and porphyry copper-gold-molybdenum prospects in the eastern part of the Banda Raya claim. Centurion's recent field work within these target areas has confirmed the presence of localized copper sulfide minerals associated with altered, high level porphyritic intrusions. Previous explorers drilled two holes in the Geudob area and encountered porphyry copper alteration and mineralization. Furthermore, they reported the discovery of a vein system striking at least 250 metres (m) long and assaying up to 15.35g/t Au, 986 g/t Ag, 3.35% Cu, 14.2% Pb and 15.6% Zn. Centurion recently re-established the location of this vein system, which is interpreted to be similar to quartz-sulphide veins typically developed around the peripheries of porphyry copper-gold-molybdenum systems. Assays from channel sampling programs are pending and expected in early 2011. One historical drill hole was reportedly completed in the Tiger Ridge area and intersected variably brecciated and mineralized granodiorite.
Dylan Jeffriess P. Geo and independent consulting exploration geologist to the Company is the qualified person under National Instrument 43-101 who has read and approved the technical contents of this news release.
Centurion Minerals Limited is a Canadian-based company focused on the procurement, exploration and development of gold and other precious metal projects in Indonesia.
On Behalf of the Board,
"David G. Tafel"
President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For Further Information Contact:
Toll Free (North America) 1-877-784-2161
This news release may contain forward looking statements concerning future operations of Centurion Minerals Ltd. (the "Company"). All forward looking statements concerning the Company's future plans and operations, including management's assessment of the Company's project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company's control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.
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