Centaurus Metals Hits Boi Novo Copper-Gold Mineralisation

THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) reported on recent drilling activity at the company’s 100 per cent-owned Boi Novo copper-gold project.

Centaurus Metals has so far received assay results for 13 holes out of a total of 18 drilled so far for the maiden program at the Boi Novo project.

The company explained the drilling has identified two different copper-gold mineralisation styles intersecting zones of both high-grade breccia-hosted and broad disseminated mineralisation.

Drilling at the Nelore West prospect has intersected a 13.4 metres wide breccia zone of stringer and semi-massive sulphide mineralisation.

Drilling to test bulk tonnage low-grade targets at Nelore West and Nelore East, intersected broad zones of disseminated copper-gold mineralisation.

“We have seen grades of up to 2 per cent copper from the narrower breccia zones at the Presley prospect, which gives us encouragement for the broader zones of similar style mineralisation intersected at Nelore West,” Centaurus Metals managing director Darren Gordon said in the company’s ASX announcement.

“The high-grade breccia mineralisation intersected to date remains open down-dip and along strike and our in-house EM team has generated multiple follow up DHEM and FLEM conductor plates that remain to be tested.

“We also plan to test the large IP chargeability anomaly underneath BON-DD-24-011, which returned a combined 65 metres of lower-grade disseminated copper-gold mineralisation.

“Based on the results to date, we have extended the maiden drill campaign at Boi Novo beyond the initial 3,000 metres by an additional 2,000 metres with this additional drilling targeted to be completed by the end of the calendar year.

“Importantly, while the exploration team continues the Boi Novo program, the project team continues value engineering work at Jaguar, with the outcomes of this work planned for delivery in Q1 2025.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE