Blockchain Registration Transaction Record

Centenario Gold Acquires High-Grade Cabot Copper-Gold Project in Newfoundland

Centenario Gold acquires 100% of Cabot Copper-Gold Project in Newfoundland with 7% Cu & 70g/t Au samples. $1.5M financing & share consolidation announced for exploration.

This acquisition matters because it positions Centenario Gold to capitalize on growing demand for copper and gold in a proven mining district. Copper is essential for the global transition to clean energy and electrification, while gold remains a critical safe-haven asset. The project's location in Newfoundland's Baie Verte Peninsula provides access to established infrastructure and mining expertise, reducing development risks. For investors, the combination of high-grade historical results, multiple untested targets, and strategic financial restructuring creates significant potential for value creation. The proximity to established mines like Firefly Metals' Ming operation and Maritime Resources' Point Rousse project suggests strong geological potential in an area with demonstrated mineral endowment.