Centaurus Metals LimitedASX: CTM

Significant New Intersections in Step-Out Drilling at Jaguar

· Issued by Centaurus Metals Limited

Filed with ASX · · 19 pages · English

Summary by 6ix AI

Centaurus Metals Limited has announced significant new intersections from step-out drilling at its Jaguar Nickel Sulphide Project, indicating strong growth potential in its resource inventory. The ongoing drilling program, which includes multiple rigs, aims to enhance resource confidence and support a forthcoming resource update. Recent drill results have shown promising mineralisation below current pit limits, suggesting the possibility of extending the existing open pit and establishing additional resources for future operations. The company is also addressing assay turnaround times impacted by the pandemic, with expectations for improvement in the coming months.

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