Centaurus Metals LimitedASX: CTM

New High-Grade Results at Candonga Iron Ore Project

· Issued by Centaurus Metals Limited

Filed with ASX · · 12 pages · English

Summary by 6ix AI

Centaurus Metals Limited has announced new high-grade results from its Candonga Iron Ore Project, indicating strong potential for a direct shipping satellite operation. The recent trenching program revealed significant intersections of high-grade itabirite mineralisation, with plans for diamond drilling to commence shortly. The results suggest that the project could provide a valuable source of high-grade material for both direct sale and blending with existing products. The company is also advancing the approvals process for mining operations, aiming for a small-scale production opportunity.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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