Investorideas podcasts on iTunes, Google Play Music and potcasts - cannabis news and stocks to watch plus insight from thought leaders and experts crypto corner    Play by Play – the latest sports headlines and sports stock news    420 Cannabis Investor Ideas Call us 800 665 0411


Join our smart investors - Get the best stock directories in  blockchain, cannabis, crypto, AI, IoT, cleantech. Daily podcasts in cannabis and crpto. Just $99  a year

Microcap Explorer Releases Q1's Third Best Copper Intersection

Source: Streetwise Reports


May 8, 2018 ( Newswire) A company exploring a copper-gold project in Argentina reported high-grade results.

If the old saying, "We're number 2, we try harder," rings true, that must mean that Centenera Mining Corp. (CT:TSX.V; CTMIF:OTCQX) is trying hardest of all because one of its drill holes returned the third best copper intersection reported in the first quarter of this year.

The company announced on May 8 the final batch of drill results from hole 18-ESP-025 at the Esperanza Copper-Gold Porphyry project in Argentina's San Juan province. Results for the entire hole grade 0.57% copper and 0.27g/t gold; 0.78% copper equivalent. The mineralization remains open at depth.

Keith Henderson, Centenera's president and CEO stated, "In a global context, the complete results from drill hole 18‐ESP‐025 compare well with drill results from peer copper deposits reported in Q1 this year; the drill hole would have ranked number three only being exceeded by two deep copper deposits (see table below)."

"Looking at the comparison table it is important to remember that Centenera's drill intersection is the only one starting from surface. Other factors such as location with respect to infrastructure also upgrade the Esperanza intersection relative to deposits in more remote locations," Henderson noted.

According to the company, seven holes were first drilled in the Esperanza project in 2007–2008 and "all drill holes intersected significant copper‐gold mineralization."

Centenera noted the following highlights:

Centenera has caught the attention of Peter Epstein of Epstein Research, who wrote in March regarding the Esperanza project, "based on exploration to date, the significant grade, and thickness of reported intervals, management believes there could be hundred(s) of millions of metric tonnes of mineralization. The area of interest is already 1,400m by 850m. If strong grade and wide intervals continue to be found, the deposit could host billion(s) of Copper Equivalent (Cu Eq) pounds. Make no mistake, it's still early days, but there's a real possibility for substantial scale to be unearthed here."

"Delineating hundred(s) of millions of tonnes is not a sure thing, and it won't necessarily come in the maiden mineral resource estimate," Epstein stated. "However, historical exploration, combined with the current drill program, could provide further evidence of grade, scale and continuity that attracts considerable attention."

"Centenera Mining Corp. is sitting on what could be a major copper-gold asset in San Juan," Epstein concluded.

San Juan province is also home to McEwen Mining Inc.'s (MUX:TSX; MUX:NYSE ) Los Azules project; the company has reported an Indicated and Inferred resource of 29.6 billion pounds of copper, as well as substantial gold and silver resources.


1) Patrice Fusillo compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an employee. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.

2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Centenera Mining.

3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Centenera Mining, a company mentioned in this article.

Additional disclosure for Epstein Research as of March. 12, 2018

At the time this article was posted, Peter Epstein owned shares and stock options of Centenera Mining and the Company was a sponsor of Epstein Research. Additional disclosures are available here.

Gold Mining Stocks - Gold Mining Stocks Directory, Gold Stocks News, Research and Resources - investing ideas in gold and mining stocks

Like Gold Stocks? View our Gold / Mining Stocks Directory

Get News on Mining Stocks

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info:

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: Global investors must adhere to regulations of each country.

Please read privacy policy:

Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner