Centenario Gold Corp. announced the results from its maiden drill program on the Eden property. Between December 7th of 2023, and January 21st, of 2024, the Company completed the first drilling program on its Eden gold-silver property, located just north of Prime Mining Corp.'s Los Reyes project, near Cosala, Sinaloa.

The program completed 1,506 meters of drilling distributed in eleven (11), HQ-core holes, testing the strike and downdip extensions of the mineralized structure along a section of the ?Buenavista' corridor. Assay results have been received on 9 of the 11 holes. Assays are pending for holes ED24-09 and ED24-11 and will be released when received.

The holes completed during this first phase of drilling tested a 650 m long section of the ?Buenavista' corridor, centered along the old mining workings where previously sampled surface rock sampling returned high-grade gold and silver values as high as 239.9 g/t Au and 1390 g/t Ag. Drill holes varied between 100 m and 150 m in depth and were spread out across eight drill pads, three of which hosted a pair of holes. All eleven (11) holes intersected the ?Buenavista' vein-breccia structure at depths ranging between 50 to 110 m. Hole ED23-01 on the other hand, also intersected a second parallel quartz - rich structure, 50 meters further to the W-NW.

Although the ?Buenavista' vein-breccia structures returned only anomalous gold and silver values, the drilling program confirmed the continuity of the strike, and down-dip extensions of the mineralized ?Buenavista' system. The low-temperature quartz textures found on surface, such as amethyst and chalcedonic quartz, are also abundant across the structures intersected at depth (down to 110 meters). This occurrence, found both at surface and at depth, suggest that the company is are still at a high level in the epithermal column and that a gold and silver system could exist further down-dip.

Moreover, the interpretation results from the semi-detailed geological mapping and geophysical survey that were completed in 2022 across the 1.3 km long, N-NE extension of the ?Buenavista' corridor, show that the quartz-rich (resistive) mineralized zone found across the old mine workings area, is continuous to the N-NE, and dipping gently along strike. Apart from the 2.8 km long ?Buenavista' mineralized corridor, there are three other sub-parallel, fault-controlled mineralized vein-breccia systems within and around the Eden Property: the ?Paloma', the northern portion of the ?Guadalupana' structures branching out, SE and SW, of the ?Buenavista' old mine workings (extension confirmed by geophysical anomaly) and the ?La Provedora' structure located 1.5 km to the east of ?Buenavista'. Old mine workings and occurrences of visible gold were found along all three of these sub-parallel, N-NE trending, regional fault structures.

The company's geological team is currently completing the review, analysis, and interpretation of the drilling results. Once finished, the team will prepare a follow-up program of exploration including more drilling, mapping and sampling across the ?Buenavista' extensions and along the other three structures mentioned above. The company believes that the Eden Property, as a whole, hosts a significant gold-silver system as proven by the exploration work completed so far.