Centaurus Metals LimitedASX: CTM

Candonga Iron Ore Project - Positive Drilling Results

· Issued by Centaurus Metals Limited

Filed with ASX · · 7 pages · English

Summary by 6ix AI

Centaurus Metals Limited has announced positive drilling results from the Candonga Iron Ore Project, indicating high-grade near-surface iron ore mineralization. The company is on track to complete a maiden JORC resource for Candonga by June, which is located near its flagship Jambreiro Iron Ore Project. Recent drilling has confirmed continuous intersections of friable itabirite, supporting earlier results from previous drilling campaigns. The results suggest that Candonga could serve as a valuable feeder project for the Jambreiro plant once operational.

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