CTN Class A Common Shares

Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") announces
that pursuant to its news release dated April 2, 2012, Centurion management has
been reviewing and evaluating mineral exploration projects available for
acquisition outside Indonesia. The Company has entered into two preliminary
agreements with mining groups in Myanmar and is completing due diligence on
these and several other prospective gold exploration prospects currently. 


Subsequent to the recent Canadian government's suspension of economic sanctions
with Myanmar, Centurion's principals have renewed business relationships which
have enabled the Company to quickly identify prospective projects and potential
mining partners in this mineral-rich country. The Company is proceeding to open
a representative office in Yangon in order to advance these opportunities. "Now
that economic sanctions have been lifted, we are very pleased to be able to
return to Myanmar which has such potential for discovering world class mining
projects," stated Mr. Alfred Lenarciak, Centurion Chairman.


Myanmar Gold Opportunities

The gold prospects under Centurion's consideration lie within two of the major
gold and associated mineral belts that span the N-S axis of Myanmar for hundreds
of kilometres. Over 340 gold occurrences of varying stages of exploration have
been noted along the belts, but only a small number of them have been explored
systematically using modern methodology. Most of the occurrences are of
epithermal and intrusion-related style of mineralization. Historical exploration
by international and local companies has enabled development of a few of these
gold prospects into currently producing gold mines with grades reportedly
varying from 3 to 15 g/t Au. Centurion has been invited by several local mining
companies to consider partnering with them to further develop their gold
projects.


Indonesian Properties

Due to this year's enactment of Indonesian mining regulation (#24-12) whereby
international mining companies have become subject to regulations requiring
divestment of a minimum 51% of their interests in mining projects by the tenth
year of production, Centurion management has decided to maintain only its (core)
Banda Raya project in Aceh, Indonesia. Initial sampling and a short hole
drilling program had identified several promising epithermal gold and porphyry
Cu-Au prospects on this project, which is adjacent to the Miwah gold property.
The company will also maintain an interest in the Miwah gold deposit through its
financial partnership agreement with Indonesian (IUP) permit holder, PT Bayu
Kamona Karya. Centurion will relinquish its interests in its other Indonesian
properties. 


Mr. Lenarciak, Chairman commented, "We are confident that the newly elected Aceh
government will succeed in improving the provincial investment climate to enable
full development of its mining resource potential." 


ABOUT CENTURION 

Centurion Minerals Limited is a Canadian-based company focused on the
exploration and development of gold and other precious metal projects in
Southeast Asia. 


On Behalf of the Board,

David G. Tafel, President and CEO

This news release may contain forward looking statements concerning future
operations of Centurion Minerals Ltd. (the "Company"). All forward looking
statements concerning the Company's future plans and operations, including
management's assessment of the Company's project expectations or beliefs may be
subject to certain assumptions, risks and uncertainties beyond the Company's
control. Investors are cautioned that any such statements are not guarantees of
future performance and that actual performance and exploration and financial
results may differ materially from any estimates or projections.

Class A (TSXV:CTN)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Class A (TSXV:CTN)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024