Mr. David Tafel reports

CENTURION CONDUCTS HELICOPTER RECONNAISSANCE SURVEY AT LIMESTONE GOLD PROJECT, SURINAME

Centurion Minerals Ltd. has provided an update on its continuing exploration activities at the 3,548-hectare Limestone gold project in Suriname.

On May 29, 2026, the company's geological team completed a helicopter-supported reconnaissance survey over the project and surrounding areas. The survey confirmed extensive near-surface small-scale mining activity, highlighting the project's strategic location within one of Suriname's most prolific gold regions in the Guiana Shield, proximal to the Rosebel and Saramacca mines owned and operated by Zijin Mining Group Co. Ltd.

Key observations from the survey:

• Significant shallow depth small-scale mining is concentrated in the eastern and northeastern portions of the concession, east of the Kleine Saramacca River. Small-scale mining is targeting alluvial gold deposits within paleo-river terraces preserved above the current river channel.
• Previous observations by one of the geological crew indicated overburden depths of eight to 10 metres covering multiple gravel-rich horizons, suggesting multiple phases of deposition. A well-developed secondary silica layer caps these deposits, potentially preserving underlying auriferous gravels. These deposits and the underlying bedrock are very good exploration targets.
• Regional digital elevation model data corroborates the presence of an extensive terrace system across the eastern part of the project. These alluvial deposits represent stand-alone exploration targets and may well also mask primary bedrock gold sources.
• West of the Kleine Saramacca River, small-scale mining was also noted in drainages that originate from the Toeboeka Hills indicating potential bedrock sources of mineralization within the hills and highlighting the area as a priority target of exploration. Limited historic regional soil sampling in the northwestern corner of the project indicates the presence of gold.

Next steps: The company plans a follow-up field program including systematic panning, auger sampling and trenching focused on the Toeboeka Hills once seasonal water levels subside. Mapping and evaluation of a shallow drilling program for the alluvial terrace areas are also under way. These activities will integrate with the continuing compilation and reinterpretation of historical regional data sets.

Dr. Dennis LaPoint, president of Centurion, commented: "The helicopter survey revealed an impressive footprint of small-scale mining activity and a diverse range of geological targets at Limestone. The combination of alluvial terrace systems and potential hardrock sources in the Toeboeka Hills is highly encouraging. The information gathered strengthens our confidence in the project's potential within the underexplored Rosebel-Saramacca gold trend of the Guiana Shield."

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

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