Curated News
By: NewsRamp Editorial Staff
April 16, 2026
Centenario Gold Launches Major Exploration at Historic Los Reyes Copper-Gold Project
TLDR
- Centenario Gold Corp. offers investors early access to a high-grade copper-gold project with historical production, potentially creating significant shareholder value through systematic exploration.
- Centenario Gold Corp. begins with detailed mapping and sampling of 1km underground workings, followed by a 1500m drilling program to test deep extensions of known mineralization.
- Centenario Gold Corp.'s responsible exploration in Mexico could create local jobs and economic development while advancing sustainable mineral resources for modern technologies.
- Centenario Gold Corp. is exploring a Mexican mine site with 300-year-old workings that produced copper grading over 3% and contains traces of gold and silver.
Impact - Why it Matters
This news matters because it represents the revitalization of a historically significant mining district with proven high-grade mineralization, potentially contributing to global copper and gold supply at a time when demand for these critical metals is increasing due to electrification and green energy transitions. For investors, Centenario's systematic approach to exploring a property with such strong historical results and recent sampling data (averaging 3.1% copper) offers potential for significant resource discovery and shareholder value creation. The project's location in Mexico's established mining jurisdiction reduces geopolitical risk compared to more remote exploration targets, while the company's phased approach—beginning with mapping of never-systematically-sampled historic workings before advancing to drilling—demonstrates methodical, risk-managed exploration strategy. Successful results could position Centenario as a meaningful player in the junior mining sector and contribute to regional economic development in Chihuahua.
Summary
Centenario Gold Corp. (TSXV: CTG) has launched an ambitious exploration program at its Los Reyes copper-gold project in Chihuahua, Mexico, marking a significant step in reviving a historically rich mining district. The Vancouver-based company is initiating a two-phase work program, beginning with detailed mapping and systematic sampling of century-old underground mine workings along a 1-kilometer contact zone that has never been properly assessed. This initial phase will be followed by a 1,500-meter diamond drilling program designed to test depth extensions of the high-grade Cu-Zn-Ag skarn zone previously mined by ASARCO, a historic U.S. mining company that extracted approximately 200,000 tons of material from the Jibosa workings in the late 1800s. The company has submitted environmental reports and expects permits by late April 2026, with drilling to commence immediately thereafter.
The Los Reyes property represents a compelling exploration target with a long mining history dating back to the early 1700s, located approximately 170 kilometers south-southeast of Chihuahua along Highway 49. The project covers an important area of historical mining centered along the western contact of a large 2-kilometer diameter granodiorite intrusive body. Recent exploration by Valterra Resource Corporation in 2019 revealed promising results, with surface sampling from waste dumps and limited outcrops showing an average copper grade of 3.1%, and 22 of 28 samples containing greater than 1% copper. The most anomalous samples also contained elevated precious and base metal values, reaching up to 0.57g/t gold, 25.3g/t silver, 0.47% molybdenum, and 1.7% zinc, indicating strong mineralization potential.
Centenario's management team, led by President and CEO Doug Fulcher, brings extensive experience in mineral exploration and project development, with the company committed to responsible exploration practices and working closely with local communities. The technical disclosure has been reviewed and approved by independent Qualified Person Derrick Strickland, though readers are cautioned that adjacent properties' information hasn't been verified. For visual context, interested parties can Click here to see Figure 1. Map showing the Los Reyes Property location & Geological Map showing the Valterra Resources 2019 sample locations and Centenario Gold Corp's proposed drill sites, which provides detailed geographical and geological context. Further information about Centenario Gold and their properties is available at www.centenariogold.com, and the original release can be viewed on www.newmediawire.com.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Centenario Gold Launches Major Exploration at Historic Los Reyes Copper-Gold Project
