Centaurus Metals LimitedASX: CTM

Resource Upgrade Drilling Commences at Itambe Project

· Issued by Centaurus Metals Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Centaurus Metals Limited has announced the commencement of a resource upgrade diamond drilling program at the Itambé Iron Ore Project in Brazil. The program aims to upgrade the existing Inferred Itabirite Resource to a Measured and Indicated status ahead of a Feasibility Study. The drilling is expected to take approximately six weeks to complete and will support further beneficiation test work. The Itambé project is strategically located near major steel-making regions, enhancing its market potential.

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