Centaurus Metals LimitedASX: CTM

Transfer of Jaguar Mining Lease Application Completed

· Issued by Centaurus Metals Limited

Filed with ASX · · 5 pages · English

Summary by 6ix AI

Centaurus Metals Limited has announced the completion of the transfer of the Mining Lease Application for its Jaguar Nickel Sulphide Project from Vale Metais Básicos S.A. to its Brazilian subsidiary, Aliança Mineração Ltda. This transfer allows Centaurus to prepare a revised economic plan for submission to Brazil’s National Mining Agency once the upcoming Scoping Study is finalized. The company is actively conducting resource growth and exploration programs at the Jaguar site, utilizing multiple drilling rigs to enhance resource classification and identify new targets. Recent drilling results indicate the presence of high-grade nickel mineralization, supporting ongoing exploration efforts.

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