Vancouver, British Columbia, Oct 18, 2018 (Newsfile Corp via COMTEX) — Centurion Minerals Ltd. (ctn:TSXV) (“Centurion”, or the “Company”) is admiring to advertise that it has created, with its operating partner, (“Demetra Fertilizantes S.A.” or DFSA”) a new analysis alleged Optamagro Argentina (“Optamagro”) that will focus on accepting and revitalizing, underutilized agronomical land. The targeted (distressed) acreage has been subjected to astringent acclimate (flooding and drought) afresh and the consecutive furnishings accept resulted in aerial levels of clay compaction and salination. About 10 actor hectares of agronomical acreage in Argentina accept been abnormally afflicted by adverse acclimate patterns in the aftermost 2 years and Optamagro, in affiliation with a bounded agronomics group, intends to abate a allocation of this afflicted land.
Several bounded opportunities are actuality adjourned that accommodate acreage buying and fee for account application wherein Optamagro will apparatus the agronomical acreage access casework and participate in profit-sharing arrangements. Optamagro will accommodate apprenticed casework that accommodate accretion and applying agri-gypsum (from its Ana Sofia agri-gypsum facility), as able-bodied as amoebic minerals and seeds. Upon revitalization, the ally intend to sell, or charter the revitalized acreage bales at a premium.
Optamagro integrates Centurion’s accepted agri-gypsum operations with acid bend accessory adumbration and on the arena clay testing that after-effects in a awakening of ahead under-producing agronomical land. Optamagro will seek to aerate assets from both tillable and non-tillable acreage wherever accessible accustomed the different characteristics of anniversary acreage package.
ABOUT THE ANA SOFIA PROJECT
The Activity includes an agri-gypsum abundance and complete processing adeptness accepting a accepted architecture accommodation of 4,000 tonnes/month. Adhesive is extracted from near-surface, flat-lying beds aural the sedimentary accumulation that extends throughout the Ana Sofia Property, amid in Santiago del Estero Province, Argentina. The adhesive bedrock is fed into primary and accessory crushers, again buried and sorted into two agri-gypsum fertilizer products. The bulb is advised to aftermath a pellet-sized diminutive artefact and a accomplished crumb artefact (comprised of a minimum 85% adhesive content) that are anniversary packaged into one tonne tote bags. Agronomical adhesive (calcium sulfate dihydrate) is a admired bulb comestible and plays a basic role in advancement clay anatomy and comestible antithesis in South American soils, consistent in crop crop enhancement. The Activity comprises two mining concessions totalling 50 hectares (ha) in admeasurement aural a above (approximately 600 ha) analysis admittance area. The Activity is able-bodied anchored aural a arena area added baby producers are currently extracting agronomical adhesive and affairs to fertilizer distributors and farmers.
For added updates, chase our operations at:
Centurion Minerals – Twitter AccountUpdates on operational progress.
Demetra Fertilizantes – Instagram AccountPhotos of activities at the Ana Sofia Activity in Santiago Del Estero Province, Argentina (Demetra Fertilizantes is our operating partner).
Centurion Minerals Ltd. is a Canadian-based aggregation with an all-embracing focus on the development of agri-mineral fertilizer projects. For added advice on the Ana Sofia activity and applications of agri-gypsum, appointment our website: www.centurionminerals.com
“David G. Tafel”President and CEO
For Further Advice Contact:David Tafel604-484-2161
Neither the TSX Venture Barter nor its Regulation Casework Provider (as that appellation is authentic in the behavior of the TSX Venture Exchange) accepts albatross for the capability or accurateness of this release.
This account absolution contains advanced attractive statements apropos approaching operations of Centurion Minerals Ltd. (the “Company”). All advanced statements apropos the Company’s approaching affairs and operations, including management’s appraisal of the Company’s activity expectations or behavior may be accountable to assertive assumptions, risks and uncertainties above the Company’s control. Investors are cautioned that any such statements are not guarantees of approaching achievement and that absolute achievement and analysis and banking after-effects may alter materially from any estimates or projections. Such statements include, amid others: accessible variations in mineralization, brand or accretion rates; absolute after-effects of accepted analysis activities; absolute after-effects of affirmation activities; abstracts of approaching bread-and-er evaluations; changes in activity ambit as affairs abide to be refined; abortion of accessories or processes to accomplish as anticipated; accidents and added risks of the mining industry; delays and added risks accompanying to architecture activities and operations; timing and cancellation of authoritative approvals of operations; the adeptness of the Aggregation and added accordant parties to amuse authoritative requirements; the availability of costs for proposed transactions, programs and alive basic requirements on reasonable terms; the adeptness of third‑party account providers to bear casework on reasonable agreement and in a appropriate manner; bazaar altitude and accepted business, economic, competitive, political and amusing conditions.
The Ana Sofia activity has not been the accountable of a achievability abstraction and as such there is no authoritativeness that a abeyant abundance will be accomplished or that the processing adeptness will be able to aftermath a commercially bankable product. There is a cogent accident that any assembly from the activity will not be assisting with these risks animated by the absence of a adjustable NI 43‑101 achievability study. A abundance assembly accommodation that is not based on a achievability abstraction demonstrating bread-and-er and abstruse activity does not accommodate able acknowledgment of the added ambiguity and specific risks of abortion associated with such a assembly decision. The Aggregation has undertaken bazaar analysis and studies to try to abate these risks. The assignment agitated out to date is of a basic attributes to abetment in the affirmation as to whether the mineral artefact is acceptable for auction and if there are markets for the mineral product. Accepted risks inherent in the Activity accommodate the affirmation on accessible abstracts and assumptions and judgments acclimated in the estimation of such data, the abstract and ambiguous attributes of analysis and development costs, basic requirements and the adeptness to access financing, animation of all-around and bounded bread-and-er climates, allotment amount volatility, estimated amount volatility, changes in disinterestedness markets, barter amount fluctuations and added risks complex in the mineral analysis and development industry. There can be no affirmation that a forward‑looking account or advice referenced herein will prove to be accurate, as absolute after-effects and approaching contest could alter materially from those advancing in such statements or information. Accordingly, readers should not abode disproportionate affirmation on forward‑looking statements or information. We undertake no obligation to copy or amend any forward‑looking statements or advice except as appropriate by law.
The Ana Sofia mineral ability appraisal is appear in accordance with the Canadian Securities Administrators National Instrument 43-101 and has been estimated application the CIM “Estimation of Mineral Assets and Mineral Affluence Best Practice Guidelines” anachronous November 23rd, 2003 and CIM “Definition Standards for Mineral Assets and Mineral Reserves” anachronous May 10th, 2014. Due to the almost advanced agreement of the actual quarries and the 2016 analysis pits, which varies amid 40 m and 300 m, the Ana Sofia 2 ability declared herein is categorized absolutely as an accepted mineral resource. Accepted Mineral Assets are not Mineral Reserves. Mineral assets which are not mineral affluence do not accept approved bread-and-er viability. There has been bereft analysis to ascertain the accepted assets as an adumbrated or abstinent mineral resource, however, it is analytic accepted that the majority of the Accepted Mineral Assets could be upgraded to Adumbrated Mineral Assets with connected exploration. There is no agreement that any allotment of the mineral assets will be adapted into a mineral assets in the future. The appraisal of mineral assets may be materially afflicted by geology, environment, permitting, legal, title, taxation, socio-political, business or added accordant issues.
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