Centurion Announces Director Resignation
VANCOUVER, BC / ACCESSWIRE / July 5, 2016 / Centurion Minerals Ltd. (TSXV: CTN) ("Centurion," or the "Company") announces that Mr. Gregory Jensen has resigned both as a Director and COO of Centurion and as a Director and CEO of Centurion's joint venture partner company, Demetra Minerals Inc. ("Demetra").
Centurion and Demetra are developing the Ana Sofia agricultural gypsum fertilizer project in Argentina. The project comprises two mining concessions totaling 50 hectares (ha) in size within a larger (approximately 500 ha) exploration permit area. Trenching and test pit sampling work completed by joint venture partner Demetra Minerals Inc. in 2014 and 2015, identified multiple, high grade, near surface gypsum layers. Small scale producers located in the vicinity are currently extracting agricultural gypsum and selling to fertilizer distributors and farmers. Agricultural gypsum is a valuable plant nutrient and plays a vital role in maintaining soil structure and nutrient balance in South American soils, allowing greater crop yields.
A successful field program has recently been completed and the data generated by this program will be utilized to complete a geological model and resource estimation work, the results of which will be released upon receipt. Pictures of the test-pit and trenching program can be viewed on the company's website www.centurionminerals.com.
ABOUT CENTURION
Centurion Minerals Ltd. is a Canadian-based company with an international focus on the exploration and development of gold and agri-mineral projects.
On Behalf of the Board,
"David G. Tafel"
President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For Further Information Contact:
David Tafel
President and CEO
604-484-2161
This news release may contain forward looking statements concerning future operations of Centurion Minerals Ltd. (the "Company"). All forward looking statements concerning the Company's future plans and operations, including management's assessment of the Company's project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company's control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.
SOURCE: Centurion Minerals Ltd.
