23:29:19 EDT Thu 21 May 2026
Enter Symbol
or Name
USA
CA



Centurion Minerals Ltd (7)
Symbol CTN
Shares Issued 33,817,354
Close 2026-05-21 C$ 0.07
Market Cap C$ 2,367,215
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Centurion to start exploration at Limestone project

2026-05-21 18:48 ET - News Release

Dr. Dennis LaPoint reports

CENTURION INITIATES EXPLORATION ON LIMESTONE GOLD PROJECT

Fieldwork is about to commence on Centurion Minerals Ltd.'s Limestone gold project, located less than 35 kilometres (km) west of Zijin Mining's Rosebel gold mine and 17 km west of Zijin's Saramacca mine in Suriname.

An evaluation of historical information related to the project, and regional exploration data from the 1990s and early 2000s is well under way by Centurion Geologists. Limestone lies within an area of historic near-surface exploration, including stream sediment and auger sampling, but limited evaluation by drilling. The region also has a long history of small-scale mining and the resulting outcrop exposures are very useful exploration tools that can accelerate exploration on the project as well as aid in evaluating surrounding areas of potential interest.

A helicopter survey is scheduled to assist in identifying areas of recent artisanal mining in saprolite (weathered bedrock) and enable planning and implementation of the most effective ground evaluation, which is to include auger sampling and trenching. Local miners have established camps that can be used by Centurion's experienced geological crews. Road access to the project will be more expedient once the current peak of the rainy season has abated.

Dr. Dennis LaPoint, president of Centurion, commented: "The Limestone gold project lies in one of Suriname's most prolific gold districts, proximal to Zijin's producing Rosebel operation and within structural trends known to host major gold deposits. The project has seen minimal modern exploration. Our team's initial reconnaissance, combined with the integration of historical data, will rapidly advance our understanding of structural controls and mineralization styles using current exploration techniques. The project's road accessibility and proximity to existing mine infrastructure provide significant logistical advantages."

Options grant

The company also wishes to announce that, in accordance with the company's share option plan, it has granted options to purchase an aggregate of 2.5 million common shares of the company to certain directors, officers and consultants of the company. Each option is exercisable into one common share at an exercise price of 7.5 cents. The options are subject to certain vesting conditions and expire five years from the grant date.

Qualified person

The technical content of this news release has been reviewed and approved by Dr. Dennis LaPoint, PGeo, who is a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. The QP and the company have not completed sufficient work to verify the information on the properties of neighbouring companies.

About Centurion Minerals Ltd.

Centurion Minerals is a Canadian-based company with a focus on precious mineral asset exploration and development in the Americas.

We seek Safe Harbor.

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