• Multiple +2km copper-in-soil anomalies identified at Rio Novo
• Strong pipeline of drill-ready targets being generated at Rio Novo
• Drilling at Boi Novo continues to intersect copper-gold mineralization

Centaurus Metals has delineated major new exploration targets from initial surface exploration activities at its recently acquired Rio Novo Copper-Gold Project in northern Brazil, while results from its most recent drilling campaign at the adjoining Boi Novo Copper-Gold Project continue to confirm and highlight the strong copper-gold prospectivity of the combined project area. The initial surface exploration work at the largely untested land package at Rio Novo has already highlighted several large-scale copper-in-soil anomalies in an area with highly prospective geology where the potential for major new copper-gold discoveries is considered to be high. Modern geophysical techniques have never been applied at Rio Novo and this will be the next step in unlocking the potential of the Rio Novo ground in the coming months with FLEM underway and a drone magnetic survey soon to kick-off ahead of a new drilling campaign in Q3 2026. The most recent drill program at Boi Novo was designed to expand the mineralization both along strike and at depth, while also in-filling between the two previously defined high-grade breccia zones. The program was successful in intersecting further strong copper mineralization at both the Nelore West and Nelore East Prospects, although some of the in-fill holes only encountered lower-grade mineralization. Preliminary bench scale flotation testing has been completed on drilling previously undertaken on the Boi Novo Project, with results demonstrating that a high-grade concentrate can be produced with strong recoveries using a traditional copper-gold flotation flowsheet.

The exploration team is working to establish priority drill targets at Rio Novo, ready for drilling in Q3 2026. Further drilling at Boi Novo will be undertaken as a part of a broader project-wide drilling program encompassing the new targets being defined from the Rio Novo surface exploration work.