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Centaurus Metals begins maiden drill program at Misteriosa Gold

Published: 08:30 19 May 2017 AEST

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Centaurus will prioritise targets beneath gold‐in‐soil anomalies

Centaurus Metals (ASX:CTM) has commenced its maiden diamond drill program at the highly prospective Serra Misteriosa Gold Project in Northern Brazil.

The program will comprise circa 3,500 metres of diamond drilling and will test a number of geochemical and geophysical targets to a depth of 300 metres below surface.

The Serra Misteriosa greenfields target comprises a 2-kilometre long, +100 ppb gold‐in‐soil anomaly within a broader 5-kilometre long, +50 ppb gold anomaly.  

Centaurus’ first priority holes will target distinct high chargeability features that are located immediately beneath the highest-grade gold‐in‐soil anomalies.

The Serra Misteriosa Gold Project is a robust geological, geochemical and geophysical target for intrusion‐ related gold mineralisation hosted within a shear zone.

This is supported by a consistent mineral zoning of gold, arsenic and antimony.

The 3,500-metre drill program has been designed to provide a comprehensive test of the intrusion‐related target model that commonly involves extremely large systems with variable grade. 

The sheer scale and robustness of the soil anomaly, coupled with the consistent sub‐surface geophysical anomalies, makes this a significant drill target.

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