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.
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.
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