Centurion Reports Ana Sofia Agri-Gypsum Sales FOR May
NEWS RELEASE
CENTURION REPORTS ANA SOFIA AGRI-GYPSUM SALES FOR MAY
Vancouver, B.C., June 07, 2018 -- Centurion Minerals Ltd. (CTN: TSX -V) ("Centurion", or the
"Company") is pleased to announce that its operating partner ( “Demetra Fertilizantes S.A.” or
DFSA”) has sold and shipped approximately 900 tonnes of agri-gypsum fertilizer from the Ana
Sofia Project in Argentina during the month of May.
The sales consisted of two products; a granular material and a blended (high moisture) powder.
The blended powder includes a large percentage of high moisture inventory, much of which was
abandoned by a previous operator of one of the Ana Sofia concessions. Additional purchase
orders for local and export consumers for high grade granular as well as high grade powder are
in final stages of negotiation and anticipated to be announced shortly.
“Activity has picked up considerably over the last 2 months and is gaining momentum. We are
receiving new order inquiries almost daily and are expanding our sales network.” stated
Sebastian Cattaneo- DFSA, President.
DFSA is a leading member of the delegation representing the Province of Santiago Del Estero at
Agroactiva - 2018, one of Argentina’s largest annual agricultural tradeshows, being held between
June 6 – 9 in Armstrong, Santa Fe Province . DFSA expects to generate additional sales and
increase its brand awareness through the exposure at this event. Photos from Agroactiva can be
viewed at: DFSA – Agroactiva 2018
ABOUT THE ANA SOFIA PROJECT
The Project includes an agri -gypsum min e and complete processing facility having a current
design capacity of 4,000 tonnes/month. Gypsum is extracted from near -surface, flat-lying beds
within the sedimentary formation that extends throughout the Ana Sofia Property, located in
Santiago del Ester o Province, Argentina. 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 a pellet-sized granular product and a fine powder product (comprised of a minimum
85% gypsum content) that are each packaged into one tonne tote bags. Agricultural gypsum
(calcium sulfate dihydrate) is a valuable plant nutrient and plays a vital role in maintaining soil
structure and nutrient balance in South American soils, resulting in crop yield enhancement.
The Project comprises two mining concessions totalling 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.
Suite 520 - 470 Granville Street
Vancouver, BC Canada V6C 1V5
Tel: (604) 484-2161
Fax: (604) 683-8544
www.centurionminerals.com
For additional updates, follow our operations at:
Centurion Minerals - Twitter Account
Demetra Fertilizantes - Instagram Account
ABOUT CENTURION
Centurion Minerals Ltd. is a Canadian -based company with an international focus on the
development of agri -mineral fertilizer 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
604-484-2161
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.
This news release contains 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 Com pany’s project
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 an d 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.
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 demons trating 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 market research and stud ies 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 the 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 lo cal 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 should 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 Reserve s” 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 an indicate d 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 m ineral 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.