Centenario Gold Corp.

Exploration Program

The Buenavista Prospect - 1st Phase Exploration Program

A total of 220 rock samples were collected on the Eden Property during the initial part of the First Phase exploration program which was completed in December of 2021, a large number of which were collected along a 300m-long portion of the ‘Buenavista’ mineralized corridor.

161 of the 220 rock samples were collected at ‘Buenavista’, of which, 35 samples (or 22%) returned gold grades greater than 1.0 g/t.  

The preliminary exploration work was followed by a program of soil sampling and IP geophysics over the ‘Buenavista’ prospect’s N-S trending corridor and over the core of the ‘La Provedora’ prospect, 2 km to the E-SE.

Select Rock Sample Results

ID_Samples

 

Prospect

Collected on:

Type

Width (m)

Au (ppm)

Ag (ppm)

Au Eqv.

(75 gr Ag = 1.0 gr Au)

ED-06

  

Buenavista

surface

Chip channel

2.4

2.21

36

2.72

ED-08

  

Buenavista

surface

Chip channel

1.3

6.64

159.4

8.89

ED-09

  

Buenavista

surface

Chip channel

1.3

2.65

63

3.54

ED-10

  

Buenavista

surface

Chip channel

1.3

6.78

110.77

8.34

ED-15

  

Buenavista

surface

Chip channel

2.3

1.35

97

2.72

ED-16

  

Buenavista

surface

Chip channel

2.5

0.975

53

1.72

ED-19

  

Buenavista

underground

Chip channel

1.2

25.03

664.93

34.42

ED-20

  

Buenavista

underground

Chip channel

1.7

29.87

396.16

35.46

ED-22

  

Buenavista

underground

Chip channel

1.3

8.34

166.81

10.7

ED-24

  

Buenavista

underground

Chip channel

1.5

1.6

23

1.92

ED-40

  

Buenavista

surface

Chip channel

0.65

4.45

97.28

5.82

ED-41

  

Buenavista

underground

Chip channel

0.7

4.53

245.98

8

ED-44

  

Buenavista

underground

Chip channel

0.6

8.91

211.4

11.89

ED-47

  

Buenavista

underground

Chip channel

0.65

2.87

77

3.96

ED-50

  

Buenavista

underground

Chip channel

0.6

239.94

1389.91

259.56

ED-52

  

Buenavista

underground

Chip channel

0.5

13.72

240.11

17.11

ED-54

  

Buenavista

underground

Chip channel

0.4

2.4

58

3.22

ED-56

  

Buenavista

underground

Chip channel

0.8

3.91

45

4.55

ED-57

  

Buenavista

underground

Chip channel

0.5

5.32

168.97

7.71

ED-66

  

Buenavista

underground

Chip channel

0.6

9.85

220.21

12.96

ED-67

  

Buenavista

surface

Chip channel

0.3

24.61

548.96

32.36

ED-72

  

Buenavista

surface

Chip channel

1.2

4.74

92

6.04

ED-86

  

Buenavista

underground

Chip channel

1.2

6.22

218.32

9.3

ED-90

  

Buenavista

surface

Chip channel

80

3.24

149.27

5.35

ED-109

  

Buenavista

surface

Chip channel

2

1.74

12

1.91

ED-124

  

Buenavista

underground

Chip channel

1.1

2.78

257

6.41

ED-125

  

Buenavista

underground

Chip channel

1.4

1.63

152

3.78

ED-127

  

Buenavista

underground

Chip channel

0.9

2.36

245

5.82

ED-128

  

Buenavista

underground

Chip channel

0.9

3.54

302

7.8

ED-130

  

Buenavista

underground

Chip channel

0.9

2.43

142

4.43

ED-149

  

Buenavista

surface

Grab

3*3

5.4

85.1

6.6

ED-150

  

Buenavista

surface

Chip channel

1.2

2.99

220

6.1

ED-151

  

Buenavista

surface

Chip channel

0.3

0.89

16.9

1.13

ED-161

  

Buenavista

surface

Chip channel

1.4

2.3

110

3.85

ED-162

  

Buenavista

surface

Chip channel

1.9

8.21

141

10.2

ED-163

  

Buenavista

underground

Chip channel

0.7

5.22

254

8.81

ED-164

  

Buenavista

underground

Chip channel

0.75

3.9

249

7.42

The Buenavista Mineralized Structural Corridor

The initial work was followed with a semi-detailed regional mapping and sampling program along both the S-SE and N-NE extensions of the old mine workings area. Results confirm that the ‘Buenavista’ mineralized structural corridor extends for more than 1.2 km to the N-NE and 1.6 km to the S-SE of the old mine workings.

The Buenavista Prospect - 2023 Proposed Drilling Program

The 2023 proposed core drilling program will consist of 10-15 drill holes, totaling 2,000 metres, located 40m to 50m SE of, and parallel to, the Buenavista Mineralized Structure. The drill holes will be spaced 40m to 45m apart and will test a 350m long section of the Buenavista corridor.

Another 35 drill holes, covering the N-NE and S-SE extensions of the Buenavista corridor are included in the Drilling Permit Report.

 

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