CTM Price sensitive 23 Oct 2026, 9:41 AM

Multiple Drill-Ready Copper-Gold Targets Defined at Boi Novo

Centaurus Metals Ltd

Centaurus Metals Identifies Multiple Drill-Ready Targets at Boi Novo

Key points

  • Centaurus Metals has identified over 20 new copper-gold targets at Boi Novo
  • Eight high-priority prospects defined at Rio Novo
  • Exploration work at Boi Novo generated 13 new targets outside Nelore Prospects
  • Drill planning to test all priority targets underway
  • Project located near major infrastructure

Full summary

Centaurus Metals Limited has successfully identified a substantial pipeline of new drill-ready copper-gold targets across its expanded Boi Novo Copper-Gold Project in Brazil. The exploration work, which included soil sampling, geological mapping, drone magnetics, and FLEM surveys, has converted a largely untested land package into a pipeline of large-scale, drill-ready targets. At Rio Novo, eight new high-priority prospects have been defined, including Solimões, Amazonas, Juruá, and Trombetas, among others. At Boi Novo, 13 new targets have been generated outside the Nelore Prospects, which have already shown the potential to deliver high-grade copper mineralization. Centaurus is currently developing drilling plans and evaluating strategic pathways to unlock the value of these targets for its shareholders.

Outlook

The company is confident that the exploration process that delivered Jaguar can also create significant value for shareholders at Boi Novo.

Summary generated by a large language model. Please interpret with care.

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