Centenera Provides Update on Exploration at the El Quemado Lithium Project Announces Director Resignation
NR‐17‐07 16 May 2017
Centenera Provides Update on Exploration
at the El Quemado Lithium Project
Announces Director Resignation
Vancouver, British Columbia ‐ Centenera Mining Corporation ("Centenera" or the "Company") ‐ (TSXV:
CT, OTCQB: CTMIF), provides an update on the exploration program for the Company's El Quemado
lithium pegmatite project (the “El Quemado Project"). Field crews have completed three weeks of
surface sampling and mapping of the lithium pegmatite targets at the El Quemado Project, as set out in
a news release dated April 26, 2017. The final week of mapping and sampling was cut short due to
deteriorating weather conditions that included high winds, snow, and freezing temperatures. The
exploration team completed the planned surface sampling of the Santa Elena, El Penon, and Tres
Cumbres target areas, while exploration on the Las Pailas target was partially completed. A total of 171
channel samples, 30 rock chip samples and 56 soil samples were taken within the four target areas.
Samples will now be despatched to the laboratory for analysis with results expected in due course.
The Company also announces that Charles Straw will not stand for re‐election at the upcoming AGM,
which will be held on June 26, 2017. Mr. Straw has resigned, effective May 12, 2017. The Company
would like to thank Mr. Straw for his service over the past two years and wish him success in his future
endeavours.
On Behalf of the Board of Directors of
CENTENERA MINING CORPORATION
"Keith Henderson"
President & CEO
For further details on the Company readers are referred to the Company's website
(www.centeneramining.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.
For further information, please contact: Keith Henderson
Phone: 604‐638‐3456
E‐mail: [email protected]
Except for the statements of historical fact contained herein, the information presented in this news release and the
information incorporated by reference herein, constitutes “forward looking information” within the meaning of applicable
Canadian securities laws concerning the business, operations and financial performance and condition of Centenera Mining
Corporation (“the Company”). All statements, except for statements of historical fact, that address activities, events or
developments that management of the Company expects or anticipates will or may occur in the future, including, without
limitation, statements regarding the anticipated content, commencement, timing and costs of the recommended exploration
program on the El Quemado Project and exploration program results from same, the discovery and delineation of mineral
deposits/resources/reserves on the El Quemado Project, and the anticipated business plans and timing of future activities of
the Company and references to the future success of the Company, and such other matters, are forward looking statements.
Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”,
“should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such
Centenera Mining Corporation 2 16 May 2017
NR 17‐07 Continued
words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would,
might or will occur or be taken or achieved. Forward looking information involves known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of the Company to differ materially from any
future results, performance or achievements expressed or implied by the forward looking information. Such risks and other
factors include, among others, operating and technical difficulties in connection with mineral exploration and development and
mine development activities at the El Quemado Project, actual results of exploration activities, estimation or realization of
mineral reserves and mineral resources, the timing and amount of estimated future production, costs of production, capital
expenditures, the costs and timing of the development of new deposits, the availability of a sufficient supply of water and other
materials, requirements for additional capital, future prices of precious metals, tantalum and lithium, changes in general
economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations
in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour
disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the
completion of development or construction activities, changes in laws, regulations and policies affecting mining operations,
hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible
outcome of pending litigation, environmental issues and liabilities, risks related to joint venture operations, and risks related to
the integration of acquisitions, as well as those factors discussed under the heading “Risk Factors” in the Information Circular
(April 2016) and discussed in the annual management’s discussion and analysis and other filings of the Company with the
Canadian Securities Authorities.
Readers are cautioned not to place undue reliance on forward looking information. The Company undertakes no obligation to
update any of the forward looking information in this news release or incorporated by reference herein, except as otherwise
required by law.
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