Centenera Signs Letter of Intent to Acquire the Huachi Copper-Gold Porphyry Deposit San Juan Province, Argentina

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[{"type":"text","content":"Centenera Signs Letter of Intent to Acquire the Huachi Copper-Gold Porphyry Deposit San Juan Province, Argentina(via TheNewswire)\n \n \nVancouver, British Columbia / TheNewswire / Centenera Mining Corporation (the \"Company\") - (TSXV: CT, OTCQB: CTMIF), announces that it has entered into a binding Letter of Intent (the \"LOI\") with an arm's length vendor (the \"Vendor\") whereby it has been granted the exclusive option (the \"Option\") to acquire a 100% interest in the Huachi Copper-Gold Porphyry Deposit (\"Huachi\" or the \"Project\"). The Project is located in the Province of San Juan in northwest Argentina and consists of 32 mining claims (\"Minas\") totalling 462 hectares. \n\n\n \nProject Highlights\n\n\n \nThe Project consists of a central copper-gold porphyry deposit with a peripheral epithermal gold system located to the east. Centenera will initially focus on exploration of the copper-gold porphyry deposit and the extensive open ground to the west, targeting a large-scale, bulk-tonnage copper-gold porphyry deposit. The copper-gold porphyry deposit has been tested with a total of 7 historical diamond drill holes (totalling 2,011 meters) (Figure 1).\n\n\n \nHighlights:\n\n\n \n\n\n-All drillholes targeting porphyry style mineralization intersected copper-gold mineralization.\n\n\n\n-Majority of drillholes terminated in mineralization and are open at depth.\n\n\n\n-Several drillholes demonstrate increasing grade with depth.\n\n\n\n-Mineralization is open in all directions, in particular to the west and north where porphyry style alteration is mapped at surface and untested by drilling.\n\n\n\n\n \nDrilling highlights include:\n\n \n\nDrillhole\n\n\n\n\nFrom (m)\n\n\n\n\nTo (m)\n\n\n\n\nInterval (m)(1)\n\n\n\n\nCopper (%)\n\n\n\n\nGold (g/t)\n\n\n\n\nCopper Equivalent(2)\n\n\n\n\n06-HU-01\n\n\n\n\n1\n\n\n\n\n200\n\n\n\n\n199.0\n\n\n\n\n0.25\n\n\n\n\n0.12\n\n\n\n\n0.35%\n\n\n\n\nincl.\n\n\n\n\n15\n\n\n\n\n123\n\n\n\n\n108.0\n\n\n\n\n0.32\n\n\n\n\n0.15\n\n\n\n\n0.44%\n\n\n\n\n06-HU-02\n\n\n\n\n2\n\n\n\n\n355.1\n\n\n\n\n353.1\n\n\n\n\n0.35\n\n\n\n\n0.185\n\n\n\n\n0.49%\n\n\n\n\nincl.\n\n\n\n\n112\n\n\n\n\n355.1\n\n\n\n\n243.1\n\n\n\n\n0.40\n\n\n\n\n0.21\n\n\n\n\n0.57%\n\n\n\n\n07-HU-05\n\n\n\n\n6\n\n\n\n\n254.5\n\n\n\n\n248.5\n\n\n\n\n0.26\n\n\n\n\n0.17\n\n\n\n\n0.40%\n\n\n\n\nincl.\n\n\n\n\n126\n\n\n\n\n244\n\n\n\n\n118.0\...

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