Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Drill Results Routine +

Centenario Gold Reports Copper Oxide Intercepts and Extends Vertical Mineralization below Jibosa & Tueda Zone on the Los Reyes Copper-Gold Skarn Project in Chihuahua State, Mexico

Centenario confirms skarn targets at Los Reyes, with economic grades awaiting assay results.

Executive Summary

Centenario Gold Corp. (CTG) has released a core logging update regarding its initial drill program at the Los Reyes Project in Chihuahua, Mexico. The company confirmed that five holes, totaling 1,140 meters, have been completed. Core logging results for holes RYS26-01 through RYS26-05 have verified geological intersections that include copper-oxide mineralization, pyrite-dominant sulfides, and skarn zones.

To date, 344 core samples have been collected and shipped to ALS Labs in Chihuahua for assay analysis. Centenario Gold explicitly stated that no assay results have been received and that economic potential and grades will only be determined upon receipt of the laboratory data. This update follows the September 28, 2026 announcement that the maiden drill program had commenced, confirming the program is progressing as planned and intersecting the targeted geological contacts.

Material Impact

Centenario Gold Corp. (CTG) released core logging results on November 12, marking a standard progression in the exploration lifecycle. Announcing these results prior to assay data is routine practice designed to demonstrate that drilling is successfully intersecting the targeted geological model.

The update confirms that the Los Reyes program is on schedule and intersecting the intended skarn and contact zones. This validates the geological targeting established during the May-June 2026 mapping and sampling phases. The news follows directly from the September drilling start announcement, providing operational continuity.

Because no assay grades are provided, the release does not alter the fundamental valuation or resource potential of the project. The market cannot price in economic viability until the ALS results are released.

CTG · Price
Company Overview

Centenario Gold Corp. (CTG) is an exploration-stage company focused on developing copper, gold, and cobalt projects in North America. Its flagship asset is the Los Reyes Copper-Gold Skarn Project in Chihuahua, Mexico. The property hosts a carbonate replacement deposit and skarn system along the contact of a granodiorite intrusive and Lower Cretaceous limestones. Historical mining by ASARCO yielded approximately 200,000 tons of high-grade Cu-Zn-Ag material. Recent sampling returned up to 27.9% Cu, and the current drilling program targets depth extensions of the Jibosa and Tueda shaft zones.

The company also holds the Cabot Copper-Gold-Cobalt Project in Newfoundland, Canada. This VMS and stringer system is located near Firefly Metals' Ming Deposit. Trenching has expanded the exposed trend to over 850 meters, with a planned 1,500-meter drill program to test depth and geophysical targets. Both projects are in the exploration phase, with no mineral resources or reserves defined.

Read the original news release →

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