Centurion Re-Commences Shipments of Agri-Gypsum Material
NEWS RELEASE
CENTURION RE-COMMENCES SHIPMENTS OF AGRI-GYPSUM MATERIAL
Vancouver, B.C., June 26, 2017. Centurion Minerals Ltd. (CTN: TSX-V) ("Centurion", or the
"Company") is pleased to announce that it has re-commenced shipments of agricultural gypsum
material under contract for delivery to its distributors from the Ana Sofia Project in Argentina.
Centurion’s local partner reports that it has loaded, sold and shipped 150 tonnes of previously
stockpiled material during the past few days. Excavation of raw material is underway and the
crushing plant is operating. Demand is now normalizing after months of extreme flooding and
wet weather conditions that resulted in significant delays to crop planting and fertilizing across
many Argentine agricultural regions.
ABOUT THE ANA SOFIA PROJECT
The pilot plant has a process design capacity of 4,000 tonnes/month. Gypsum is quarried from
near-surface, flat-lying beds within the sedimentary formation that extends throughout the Ana
Sofia, Santiago del Estero, Argentina Property. The gypsum rock is fed into primary and
secondary crushers, then screened and sorted into two agri-gypsum fertilizer products. The
plant is designed to produce both a pellet-sized granular product and a powdered product
(each comprised of a minimum 85% gypsum content) that are packaged into one tonne tote
bags. Agricultural gypsum (calcium sulfate) is a valuable plant nutrient and plays a vital role in
maintaining soil structure and nutrient balance in South American soils, allowing great crop
yields.
The Project comprises two mining concessions totaling 50 hectares (ha) in size within a larger
(approximately 600 ha) exploration permit area. The Project is well situated within a region
where other small producers are currently extracting agricultural gypsum and selling to
fertilizer distributors and farmers. An initial inferred gypsum resource for the Project was
estimated (news releases - October 31; December 16, 2016), to comprise 1.47 million tonnes
averaging 94.1% gypsum, using an 85% cut-off grade that is the minimum required gypsum
content for commercial-quality agricultural gypsum products in Argentina.
Qualified Person
The technical content of this news release has been reviewed and approved by Andrew J. Turner,
B.Sc., P.Geol. of APEX Geoscience Ltd., who is the Company’s Geological Consultant and is a
Qualified Person as defined by National Instrument 43 -101, Standards of Disclosure for Mineral
Projects.
ABOUT CENTURION
Suite 520 - 470 Granville Street
Vancouver, BC Canada V6C 1V5
Tel: (604) 484-2161
Fax: (604) 683-8544
www.centurionminerals.com
Centurion Minerals Ltd. is a Canadian-based company with an international focus on the
exploration and development of agri-mineral and precious mineral projects. For additional
information on the Ana Sofia project and applications of agri-gypsum, visit our website:
www.centurionminerals.com
“David G. Tafel”
President and CEO
For Further Information Contact:
David Tafel
604-683-1991
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.
The Ana Sofia project has not been the subject of a feasibility study and as such there is no certainty that a potential mine will be realized or that
the processing facility will be able to produce a commercially marketable product. There is a significant risk that any production from the project
will not be profitable with these risks elevated by the absence of a compliant NI 43-101 feasibility study. A mine production decision that is not
based on a feasibility study demonstrating economic and technical viability does not provide adequate disclosure of the increased uncertainty
and specific risks of failure associated with such a production decision. The Company has undertaken mark et research and studies to try to
mitigate these risks. The work carried out to date is of a preliminary nature to assist in the determination as to whether th e mineral product is
suitable for sale and if there are markets for the mineral product. General risks inherent in the Project include the reliance on available data and
assumptions and judgments used in the interpretation of such data, the speculative and uncertain nature of exploration and development costs,
capital requirements and the ability to obtain financing, volatility of global and local economic climates, share price volatility, estimated price
volatility, changes in equity markets, exchange rate fluctuations and other risks involved in the mineral exploration and dev elopment industry.
There can be no assurance that a forward -looking statement or information referenced herein will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements or information. Accordingly, readers s hould not place undue
reliance on forward-looking statements or information. We undertake no obligation to reissue or update any forward -looking statements or
information except as required by law.
The Ana Sofia mineral resource estimate is reported in accordance with the Canadian Securities Administrators National Instrument 43-101 and
has been estimated using the CIM “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” dated November 23rd, 2003
and CIM “Definition Standards for Mineral Resources and Mineral Reserves” dated May 10 th, 2014. Due to the relatively wide spacing of the
historical quarries and the 2016 test pits, which varies between 40 m and 300 m, the Ana Sofia 2 resource described herein is categorized entirely
as an inferred mineral resource. Inferred Mineral Resources are not Mineral Reserves. Mineral resources which are not mineral reserves do not
have demonstrated economic viability. There has been insufficient exploration to define the inferred resources as a n indicated or measured
mineral resource, however, it is reasonably expected that the majority of the Inferred Mineral Resources could be upgraded to Indicated Mineral
Resources with continued exploration. There is no guarantee that any part of the mineral resources will be converted into a mineral reserve in
the future. The estimate of mineral resources may be materially affected by geology, environment, permitting, legal, title, taxation, socio-political,
marketing or other relevant issues.
This news release contains forward looking statements concerning future operations of Centurion Minerals Ltd. (the “Company”). All forwa rd-
looking statements concerning the Company’s future plans and operations, including management’s assessment of the Company’s proj ect
expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s control. Investor s 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. Such statements include, among others: possible variations in mineralization, grade or recovery
rates; actual results of current exploration activities; actual results of reclamation activities; conclusions of future economic evaluations; changes
in project parameters as plans continue to be refined; failure of equipment or processes to operate as anticipated; accidents and other risks of
the mining industry; delays and other risks related to construction activities and operations; timing and receipt of regulatory approvals of
operations; the ability of the Company and other relevant parties to satisfy regulatory requirements; the availability of fin ancing for proposed
transactions, programs and working capital requirements on reasonable terms; the ability of third-party service providers to deliver services on
reasonable terms and in a timely manner; market conditions and general business, economic, competitive, political and social conditions.