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Centurion Files NI 43-101 Technical Report - Ana Sofia Project
VANCOUVER, BC / ACCESSWIRE / April 5, 2016 / Centurion Minerals Ltd. (TSXV: CTN) ("Centurion...
About this update from Centurion Minerals Ltd.
[{"type":"text","content":"Centurion Files NI 43-101 Technical Report - Ana Sofia ProjectVANCOUVER, BC / ACCESSWIRE / April 5, 2016 / Centurion Minerals Ltd. (TSXV: CTN) (\"Centurion\", or the \"Company\") announces the filing of a Technical Report for the Company's Ana Sofia agricultural gypsum property located in northern Argentina. The report, dated February 3, 2016 and titled \"Technical Report on the Ana Sofia Property, Santiago del Estero, Argentina\" (the \"Report\"), was prepared by APEX Geoscience Ltd. and authored by Andrew J. Turner, B.Sc., P.Geol., and was prepared in accordance with NI 43-101 standards of disclosure for mineral projects.\nThe Ana Sofia project comprises two mining concessions totaling 50 hectares (ha) in size within a larger (approximately 500 ha) exploration permit area. Trenching and sampling work completed by joint venture partner Demetra Minerals Inc. in 2014 identified multiple, high grade, near surface gypsum beds. Small scale producers located in the vicinity are currently extracting agricultural gypsum and selling to fertilizer distributors and farmers. Agricultural gypsum is a valuable plant nutrient and plays a vital role in maintaining soil structure and nutrient balance in South American soils, allowing greater crop yields.\nThe author of the recently completed Ana Sofia Technical Report visited the Property in September, 2015 and again in March 2016. During the initial site visit, the author was able to examine and sample historical excavations (quarries and stockpiles) at the Ana Sofia 2 mining concession area. At the Ana Sofia 1 mining concession, the author supervised a small excavation program comprising 2 test pits, examined a large previously excavated trench in the northwest corner of the concession area and examined historical quarries immediately adjacent to the Demetra concession to the east and west. In total, 9 rock samples were collected from the concessions and were submitted for analysis at the SEGEMAR laboratory in Buenos Aires, an independent ISO accredited laboratory. In summary, all nine of the author's rock samples returned calculated values >90 wt% (weight percent) CaSO4·2H2O (gypsum). Values ranged between a low of 92.69 wt% and a high of 98.57 wt% gypsum and averaged 95.80 wt% gypsum.\nThe following are observations and conclusions made by the author of the Report:\n- Based on the e...