Centurion Minerals Grants Options

Suite 322 - 470 Granville Street Vancouver, BC Canada V6C 1V5 Tel: (604) 484-2161 Fax: (604) 683-8544 www.centurionminerals.com [email protected]

NEWS RELEASE

CENTURION MINERALS GRANTS OPTIONS

Vancouver, B.C., February 18, 2011. Centurion Minerals Ltd. (CTN: TSX-V) (“Centurion”, “the Company”) announces that in compliance with the Company’s Stock Option plan, the Board of Directors has granted 278,000 options exercisable for 5 years at $1.35 to certain consultants and employees of the Company.

ABOUT CENTURION

Centurion Minerals Limited is a Canadian-based company focused on the procurement, exploration and development of gold and other precious metal projects in Indonesia.

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:

Investor Relations (604) 484-2161 Toll Free (North America) 1-877-784-2161

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.