Curated News
By: NewsRamp Editorial Staff
November 12, 2026
Centenario Gold Hits Copper Oxides in First Five Holes at Los Reyes
TLDR
- Centenario Gold completed five drill holes at Los Reyes, confirming copper oxide and skarn mineralization that could yield a large intrusion-related Cu-Mo system.
- Centenario Gold drilled 1,140 meters in five holes, logging copper oxides, skarn, and sulfides, with 344 samples sent to ALS Labs for assay.
- Centenario Gold's Los Reyes project in Mexico may support responsible resource development and local economic benefits through collaboration with landowners and communities.
- Centenario Gold's RYS26-03 hole intersected over 120 meters of pyrite-dominant sulfides with chalcopyrite and molybdenite veinlets in hornfels.
Impact - Why it Matters
The Los Reyes drilling results, while early-stage and pending assays, highlight the potential for a large intrusion-related copper-molybdenum system in a prolific Mexican mineral belt that hosts major mines. For investors, the confirmation of oxide mineralization and sulphide-bearing skarn intervals supports the thesis that Centenario Gold may be onto a significant discovery, though the lack of assays means risks remain. For the broader mining sector, successful exploration here could attract further investment to Mexico’s skarn and carbonate-replacement deposits, underscoring the importance of continued exploration in under-explored districts. Readers should watch for assay results in the coming months, as they will determine whether Los Reyes can advance toward economic viability.
Summary
Centenario Gold Corp. (CSE: CTG) has provided an update on its initial drill program at the Los Reyes Project in Chihuahua, Mexico, reporting that five holes totaling 1,140 meters have been completed, with 344 core samples sent to ALS Labs in Chihuahua for analysis. The project, located approximately 170 km south of Chihuahua City along Highway 49, is a highly prospective copper-moly-gold skarn system situated along the eastern contact between a granodiorite intrusive and Lower Cretaceous limestones and shales. The company’s exploration efforts have been guided by surface and underground mapping and sampling conducted in May and July 2026, which confirmed Cu-Mo-Zn mineralization at the Tueda and Jibosa zones, as detailed in a news release dated July 13, 2026.
Drill hole RYS26-01, designed to test the intrusive-sediment contact and a deep geophysical IP anomaly, encountered copper oxides at about 75 meters below surface and skarn/hornfels between 125 and 175 meters, though drilling was temporarily halted at 105 meters due to clay-rich material before completion at 304 meters. RYS26-02, drilled below the Jibosa Shaft zone, intersected strongly oxidized copper zones with hematite and breccia textures between 95.7 and 104.2 meters, plus a deeper hornfels sequence with sporadic quartz veinlets and traces of chalcopyrite and molybdenite. RYS26-03 cut more than 120 meters of pyrite-dominant sulphides with chalcopyrite and quartz-pyrite-molybdenite veinlets in hornfels, testing the northern extension of the Tueda zone. RYS26-04 intersected an iron-magnetite skarn from 171 to 187 meters, while RYS26-05, located 200 meters north of Tueda, is still being logged after hitting the contact zone at shallow depths. No assays have been received to date; the company cautions that grade and economic potential remain unknown until results are available. Qualified Person Derrick Strickland has reviewed and approved the technical disclosure.
Centenario Gold Corp. is a Vancouver-based mineral exploration company focused on gold, copper, and silver projects in the Americas, and its shares trade on the Canadian Securities Exchange under the symbol CTG. The company continues to evaluate new opportunities in Mexico and Canada, and further information is available at www.centenariogold.com.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, Centenario Gold Hits Copper Oxides in First Five Holes at Los Reyes
