{"success":true,"data":{"pressRelease":{"id":"167823","rtpr_id":"nGNX5BWgXP-20261013","ticker":"CENT","exchange":"","all_tickers":["CENT"],"title":"Centauri Minerals Mobilizes for First Drilling Program at Rio Grande Gold-Copper Project Since 2013","author":"Globe Newswire","published_at":"2026-10-13T13:39:43.133Z","article_body":"VANCOUVER, British Columbia, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Centauri\nMinerals Inc. (TSX-V: CENT) (“Centauri” or the “Company”) is pleased\nto provide an update on exploration activities at the Rio Grande gold-copper\nproject (“Rio Grande”) in Salta province of Northern Argentina.\n\nProgress and Execution Highlights Include:\n* Completion of the geophysical program at the Rio Grande gold-copper project\nidentifies new drill targets for both near surface resource expansion and\npotential mineralization sources at depth.\n* Mobilization continues with full refurbishment of historical camp at Rio\nGrande to support the first new drilling programs since 2013:  * The Phase 1\nprogram targets 12,000 m of diamond drilling, with two drill rigs from a local\nprovider being mobilized to site this month.\n* The first rig will focus on near surface exploration to expand the\nunderstanding of known resources and for collection of new samples for future\nengineering/metallurgical test work.\n* The second rig will focus on deeper targets identified from the integration\nof the historical and recently acquired geophysics, which could help identify\npotential generative sources of the mineralized system at Rio Grande.\n* The Phase 1 program is expected to take approximately 6-months (into Q2\n2027), at which time Centauri will evaluate findings and has funded\noptionality to continue towards 24,000 m with two-rigs or further ramp up\nactivities as part of a Phase 2 program.\n  \n* Recent exploration team additions are supporting ramp-up of drilling at Rio\nGrande as Centauri’s immediate priority, however new fieldwork initiatives\nhave commenced at the other portfolio projects; Aguas Calientes, Catua, and\nFrontera (subject of a future press release).\nSam Leung, Chief Executive Officer and Director of Centauri, commented:\n\n\"One month into Centauri as a public company, we are pleased with the\npromising target generation results that support mobilization and ramp-up to\ndrilling at Rio Grande, which is in full swing on the ground in Northern\nArgentina. Our first priority is drilling at Rio Grande, but we have also\nbegun parallel preparations for exploration across our earlier stage portfolio\nin the region. Our team appreciates the continuing investor support as we work\nhard to begin a steady pace of results driven catalysts in the weeks and\nmonths ahead.”\n\nGeophysical Program & Drill Target Generation at Rio Grande\n\nIn the third quarter of 2026, Centauri completed a 3D Magneto-Telluric\n(“MT”) survey on Rio Grande which covered an area of approximately 56 km(2\n)(Figure 1), combined with a reprocessing review of historical geophysics,\ngeochemistry, and geological mapping in order to define drill targets for; (a)\nshallow areas with near-surface resource expansion potential, and (b)\nhigh-priority porphyry targets at depth that aims to confirm the potential of\na larger-scale gold-copper-silver system.\n\nFigure 2 is a plan view map that summarizes the results of Centauri’s latest\ninterpretative model which highlights shallow zones of higher resistivity\nvectoring towards the southwest and northeast of the known mineral resources\nat Rio Grande. The shallow Phase 1 drilling program will evaluate infill areas\nwhere the geological, geochemical, and geophysical data show greater potential\nto expand the existing Mineral Resource Estimate (MRE), as well as to improve\nunderstanding of current estimated pit shell models and where extensions may\nbe possible.\n\nFigure 3 is a sectional view of these consolidated results at Rio Grande, with\nresistivity signals highlighted. A large low-resistivity (i.e.,\nhigh-conductivity) target area measuring over 1.3 by 2.0 km appears to be\nlocated beneath the currently known ring-shaped mineralization that defines\nthe Rio Grande deposit.\n\nThis distribution of low resistivity (i.e., high-conductivity) may relate to a\npredominantly intrusive setting in the central area which transitions outward\nto higher resistivity that could be volcano-sedimentary dominated rocks toward\nthe peripheries and/or to alteration zoned concentrically outwards. The 3D\ninversion modelling presents a central domain of moderate-high resistivity\n(nominally >100 Ωm) open to the east, partially ringed by moderate-low\nresistivity (nominally <50 Ωm). Within the central zone, an anomalous body\nof low resistivity (<30 Ωm) is buried, compatible with a mineralized nucleus\nof a porphyry-type system. The MT data from the recently completed large\nsurvey area supported 1D and 3D inversion modelling that allowed imaging of\nthe resistivity distribution down to a depth of 3 to 4 km.\n\nCentauri’s compilation and targeting work to date, which included a variety\nof geophysical datasets (ground magnetics, gradient array induced polarization\nand resistivity survey, MT survey), supports the potential presence of a large\nporphyry-type body at depth beneath the known ring-shaped deposit area and\nsuggests a potential extension towards the northeast, which must be confirmed\nwith future drilling.\n\nPhase 1 Drill Targets:\n\nAs a result of the compilation and targeting work, three main exploration\nareas have been defined for Phase 1 drilling:\n* Ring-shaped deposit (shallow drilling): drilling within and around the known\nring-shaped mineralization to confirm and expand the existing MRE, including\ntesting the shallow resistive zones to the southwest and northeast described\nabove (Figures 2 and 3), and collecting new core suitable for engineering and\nmetallurgical test work.\n* Area A (deep targets beneath the ring): located beneath the ring-shaped\nresources, where a magnetic low coincides with low resistivity-high\nconductivity (<50 ohm·m). The geophysics indicate that the higher\nconductivity begins at relatively shallow depths beneath the ring and\ncontinues down to the limits of the MT model. The low resistivity may reflect\nzones of more intense veining and sulphide mineralization. Area A can be\nfurther subdivided into three to four deep sub-targets (T1 to T3, Figure 2),\nconsistent with those defined by Regulus Resources Inc. in 2017, which have\nbeen refined using the new information collected by Centauri.\n* Area B (northeast – shallow and deep targets): Area B is both a shallow\nand a deep target:  * Shallow target: the Cerro Cori area contains a different\nstyle of gold mineralization near surface related to fine stringers of\nsulphides and magnetite. In 2012 to 2013, Regulus Resources Inc. completed a\nsmall four-hole, 1,200 m drill program at the Cerro Cori target, approximately\n1,000 m east-northeast of the Sofia zone of the Rio Grande deposit (Figures 2\nand 3). Although the results were not considered notable at the time, the best\nintercepts included 297 m at 0.36 g/t Au from surface (hole RGR-12-118) and\n19.0 m at 0.59 g/t Au (hole RGR-13-126). Please refer to the Regulus press\nreleases dated November 16, 2012 and June 27, 2013.\n* Deep target (northeast): reprocessing of historical gradient array\nIP/resistivity and ground magnetic data has identified a zone of high\nchargeability and low magnetism trending northeast from beneath the\nring-shaped resources, at elevations of around 3,000 m.a.s.l. This may\nrepresent magnetite destruction by alteration and the presence of disseminated\nsulphides. This deeper target, also defined by the MT survey, is untested and\nmay be contiguous with the deep conductive zone in Area A, suggesting the Rio\nGrande system may remain open to the northeast (Figures 2 and 3). Area B will\nbe tested as part of the Phase 1 or Phase 2 program.\nCamp Facilities and Established Infrastructure at Rio Grande\n\nCentauri is completing and upgrading its existing camp at Arita, on the\nsouthern margin of the Salar de Arizaro, Salta, approximately 9 km east of the\nRio Grande deposit (Figure 1). The site is located in an established mining\ndistrict neighbouring the Lindero gold mine (Fortuna Mining Corp.), with\nyear-round road access and an airstrip owned by Centauri. In the third quarter\nof 2026, the camp was put into service to support the 3D MT geophysical\nprogram, with some services provided by a local supplier from the village of\nTolar Grande. Work is now underway ahead of drilling which includes\nconstruction of a new accommodation block for work crews, a new core logging\nfacility, a power generation system, a fuel and waste storage system, a\nwastewater treatment system, and health and safety services to support the\nPhase 1 and 2 drilling programs. Centauri continues to prioritize employee\nhiring from the communities of Tolar Grande and San Antonio de los Cobres. The\ncamp is expected to receive the first drill rigs at site later this month.\n\nFor further information, please visit the Centauri website and subscribe to\nthe Centauri news list.\n\nSam Leung\nCEO and Director, Centauri Minerals Inc.\nPhone: +1 416 206 4187\nEmail: sam.leung@centauriminerals.com\n\nWebsite: www.centauriminerals.com\n\nQualified Person\n\nThe scientific and technical data contained in this news release has been\nreviewed and approved by Dr. Kevin B. Heather, B.Sc. (Hons), M.Sc, Ph.D,\nFAusIMM, FGS, Technical Advisor to Centauri Minerals, who serves as the\nqualified person (QP) under the definitions of National Instrument 43-101.\n\nAbout Centauri Minerals Inc.\n\nCentauri Minerals Inc. is a mineral exploration company focused on Northern\nArgentina, a mining region of increasing global significance. Centauri holds a\n100%-interest in a portfolio of exploration projects spanning approximately\n40,000 hectares in the provinces of Salta, Jujuy, and Catamarca, which was\nspun-out from Aldebaran Resources Inc. The most advanced is the Rio Grande\ngold-copper project located in Salta, which has an independent National\nInstrument 43-101 compliant mineral resource estimate that highlights\nsignificant gold, copper and silver quantities. Centauri has offices and\nfacilities in Salta, Argentina and Vancouver, Canada. Centauri trades on the\nTSX Venture Exchange with the symbol: CENT.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nForward-Looking Statements\n\nCertain statements regarding Centauri, including management’s assessment of\nfuture-plans and operations, may constitute forward-looking statements under\napplicable securities laws and necessarily involve known and unknown risks and\nuncertainties, most of which are beyond the control of Centauri. Often, but\nnot always, forward-looking statements or information can be identified by the\nuse of words such as “plans”, “expects” or “does not expect”,\n“is expected”, “budget”, “scheduled”, “estimates”,\n“forecasts”, “intends”, “anticipates” or “does not anticipate”\nor “believes” or variations of such words and phrases or statements that\ncertain actions, events or results “may”, “could”, “would”,\n“might” or “will” be taken, occur or be achieved.\n\nSpecifically, and without limitation, all statements included in this press\nrelease that address activities, events or developments that Centauri expects\nor anticipates will or may occur in the future, including, but not limited to\nthe proposed exploration and development of the Company’s projects described\nherein, and management’s assessment of future plans and operations and\nstatements with respect to the completion of the anticipated exploration and\ndevelopment programs, may constitute forward-looking statements under\napplicable securities laws and necessarily involve known and unknown risks and\nuncertainties, most of which are beyond Centauri’s control. These risks may\ncause actual financial and operating results, performance, levels of activity\nand achievements to differ materially from those expressed in, or implied by,\nsuch forward-looking statements. Although Centauri believes that the\nexpectations represented in such forward-looking statements are reasonable,\nthere can be no assurance that such expectations will prove to be correct. The\nforward-looking statements contained in this press release are made as of the\ndate hereof and Centauri does not undertake any obligation to publicly update\nor revise any forward-looking statements or information, whether as a result\nof new information, future events or otherwise, unless so required by\napplicable securities law. \n\n\n\nFigure 1: Location map of the Rio Grande MT survey area (magenta) in relation\nto the property boundaries, the Centauri exploration camp, and Fortuna\nMining’s Lindero Mine.\n\n\n\nFigure 2: Centauri’s Rio Grande Plan View Map. Interpretation of the\nreprocessed historical, geophysics and new MT resistivity model. Resistivity\ncontours of < 70 ohm·m are shown, as well as the magnetic low contour. The\nplan view represents a horizontal slice at an elevation of 3,250 m.a.s.l.\n\n\n\nFigure 3: Centauri’s Rio Grande section NE-SW displaying resistivity (Area A\n= ~2km across, Area B = ~2 km across, A+B = 4 km across).\n\nPhotos accompanying this announcement are available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/258b2ab6-269d-4fad-903a-2a938e8e222b\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/cf6e2994-8454-4f00-aec5-d36342659c95\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/e677483b-7cb3-4057-8644-b09d729a9eaf\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/15f6046f-6b3e-470c-ac7a-5349fafb65d9)\nFigure 1: \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/258b2ab6-269d-4fad-903a-2a938e8e222b/en)\nLocation map of the Rio Grande MT survey area (magenta) in relation to the\nproperty boundaries, the Centauri exploration camp, and Fortuna Mining’s\nLindero Mine.Figure 2: \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/cf6e2994-8454-4f00-aec5-d36342659c95/en)\nCentauri’s Rio Grande Plan View Map. Interpretation of the reprocessed\nhistorical, geophysics and new MT resistivity model. Resistivity contours of <\n70 ohm·m are shown, as well as the magnetic low contour. The plan view\nrepresents a horizontal slice at an elevation of 3,250 m.a.s.l.Figure 3: \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e677483b-7cb3-4057-8644-b09d729a9eaf/en)\nCentauri’s Rio Grande section NE-SW displaying resistivity (Area A = ~2km\nacross, Area B = ~2 km across, A+B = 4 km across).\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5BWgXP-20261013","title":"Centauri Minerals Mobilizes for First Drilling Program at Rio Grande Gold-Copper Project Since 2013","author":"Globe Newswire","ticker":"CENT","created":"2026-10-13T13:39:43.133Z","tickers":["CENT"],"exchange":"","article_body":"VANCOUVER, British Columbia, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Centauri\nMinerals Inc. (TSX-V: CENT) (“Centauri” or the “Company”) is pleased\nto provide an update on exploration activities at the Rio Grande gold-copper\nproject (“Rio Grande”) in Salta province of Northern Argentina.\n\nProgress and Execution Highlights Include:\n* Completion of the geophysical program at the Rio Grande gold-copper project\nidentifies new drill targets for both near surface resource expansion and\npotential mineralization sources at depth.\n* Mobilization continues with full refurbishment of historical camp at Rio\nGrande to support the first new drilling programs since 2013:  * The Phase 1\nprogram targets 12,000 m of diamond drilling, with two drill rigs from a local\nprovider being mobilized to site this month.\n* The first rig will focus on near surface exploration to expand the\nunderstanding of known resources and for collection of new samples for future\nengineering/metallurgical test work.\n* The second rig will focus on deeper targets identified from the integration\nof the historical and recently acquired geophysics, which could help identify\npotential generative sources of the mineralized system at Rio Grande.\n* The Phase 1 program is expected to take approximately 6-months (into Q2\n2027), at which time Centauri will evaluate findings and has funded\noptionality to continue towards 24,000 m with two-rigs or further ramp up\nactivities as part of a Phase 2 program.\n  \n* Recent exploration team additions are supporting ramp-up of drilling at Rio\nGrande as Centauri’s immediate priority, however new fieldwork initiatives\nhave commenced at the other portfolio projects; Aguas Calientes, Catua, and\nFrontera (subject of a future press release).\nSam Leung, Chief Executive Officer and Director of Centauri, commented:\n\n\"One month into Centauri as a public company, we are pleased with the\npromising target generation results that support mobilization and ramp-up to\ndrilling at Rio Grande, which is in full swing on the ground in Northern\nArgentina. Our first priority is drilling at Rio Grande, but we have also\nbegun parallel preparations for exploration across our earlier stage portfolio\nin the region. Our team appreciates the continuing investor support as we work\nhard to begin a steady pace of results driven catalysts in the weeks and\nmonths ahead.”\n\nGeophysical Program & Drill Target Generation at Rio Grande\n\nIn the third quarter of 2026, Centauri completed a 3D Magneto-Telluric\n(“MT”) survey on Rio Grande which covered an area of approximately 56 km(2\n)(Figure 1), combined with a reprocessing review of historical geophysics,\ngeochemistry, and geological mapping in order to define drill targets for; (a)\nshallow areas with near-surface resource expansion potential, and (b)\nhigh-priority porphyry targets at depth that aims to confirm the potential of\na larger-scale gold-copper-silver system.\n\nFigure 2 is a plan view map that summarizes the results of Centauri’s latest\ninterpretative model which highlights shallow zones of higher resistivity\nvectoring towards the southwest and northeast of the known mineral resources\nat Rio Grande. The shallow Phase 1 drilling program will evaluate infill areas\nwhere the geological, geochemical, and geophysical data show greater potential\nto expand the existing Mineral Resource Estimate (MRE), as well as to improve\nunderstanding of current estimated pit shell models and where extensions may\nbe possible.\n\nFigure 3 is a sectional view of these consolidated results at Rio Grande, with\nresistivity signals highlighted. A large low-resistivity (i.e.,\nhigh-conductivity) target area measuring over 1.3 by 2.0 km appears to be\nlocated beneath the currently known ring-shaped mineralization that defines\nthe Rio Grande deposit.\n\nThis distribution of low resistivity (i.e., high-conductivity) may relate to a\npredominantly intrusive setting in the central area which transitions outward\nto higher resistivity that could be volcano-sedimentary dominated rocks toward\nthe peripheries and/or to alteration zoned concentrically outwards. The 3D\ninversion modelling presents a central domain of moderate-high resistivity\n(nominally >100 Ωm) open to the east, partially ringed by moderate-low\nresistivity (nominally <50 Ωm). Within the central zone, an anomalous body\nof low resistivity (<30 Ωm) is buried, compatible with a mineralized nucleus\nof a porphyry-type system. The MT data from the recently completed large\nsurvey area supported 1D and 3D inversion modelling that allowed imaging of\nthe resistivity distribution down to a depth of 3 to 4 km.\n\nCentauri’s compilation and targeting work to date, which included a variety\nof geophysical datasets (ground magnetics, gradient array induced polarization\nand resistivity survey, MT survey), supports the potential presence of a large\nporphyry-type body at depth beneath the known ring-shaped deposit area and\nsuggests a potential extension towards the northeast, which must be confirmed\nwith future drilling.\n\nPhase 1 Drill Targets:\n\nAs a result of the compilation and targeting work, three main exploration\nareas have been defined for Phase 1 drilling:\n* Ring-shaped deposit (shallow drilling): drilling within and around the known\nring-shaped mineralization to confirm and expand the existing MRE, including\ntesting the shallow resistive zones to the southwest and northeast described\nabove (Figures 2 and 3), and collecting new core suitable for engineering and\nmetallurgical test work.\n* Area A (deep targets beneath the ring): located beneath the ring-shaped\nresources, where a magnetic low coincides with low resistivity-high\nconductivity (<50 ohm·m). The geophysics indicate that the higher\nconductivity begins at relatively shallow depths beneath the ring and\ncontinues down to the limits of the MT model. The low resistivity may reflect\nzones of more intense veining and sulphide mineralization. Area A can be\nfurther subdivided into three to four deep sub-targets (T1 to T3, Figure 2),\nconsistent with those defined by Regulus Resources Inc. in 2017, which have\nbeen refined using the new information collected by Centauri.\n* Area B (northeast – shallow and deep targets): Area B is both a shallow\nand a deep target:  * Shallow target: the Cerro Cori area contains a different\nstyle of gold mineralization near surface related to fine stringers of\nsulphides and magnetite. In 2012 to 2013, Regulus Resources Inc. completed a\nsmall four-hole, 1,200 m drill program at the Cerro Cori target, approximately\n1,000 m east-northeast of the Sofia zone of the Rio Grande deposit (Figures 2\nand 3). Although the results were not considered notable at the time, the best\nintercepts included 297 m at 0.36 g/t Au from surface (hole RGR-12-118) and\n19.0 m at 0.59 g/t Au (hole RGR-13-126). Please refer to the Regulus press\nreleases dated November 16, 2012 and June 27, 2013.\n* Deep target (northeast): reprocessing of historical gradient array\nIP/resistivity and ground magnetic data has identified a zone of high\nchargeability and low magnetism trending northeast from beneath the\nring-shaped resources, at elevations of around 3,000 m.a.s.l. This may\nrepresent magnetite destruction by alteration and the presence of disseminated\nsulphides. This deeper target, also defined by the MT survey, is untested and\nmay be contiguous with the deep conductive zone in Area A, suggesting the Rio\nGrande system may remain open to the northeast (Figures 2 and 3). Area B will\nbe tested as part of the Phase 1 or Phase 2 program.\nCamp Facilities and Established Infrastructure at Rio Grande\n\nCentauri is completing and upgrading its existing camp at Arita, on the\nsouthern margin of the Salar de Arizaro, Salta, approximately 9 km east of the\nRio Grande deposit (Figure 1). The site is located in an established mining\ndistrict neighbouring the Lindero gold mine (Fortuna Mining Corp.), with\nyear-round road access and an airstrip owned by Centauri. In the third quarter\nof 2026, the camp was put into service to support the 3D MT geophysical\nprogram, with some services provided by a local supplier from the village of\nTolar Grande. Work is now underway ahead of drilling which includes\nconstruction of a new accommodation block for work crews, a new core logging\nfacility, a power generation system, a fuel and waste storage system, a\nwastewater treatment system, and health and safety services to support the\nPhase 1 and 2 drilling programs. Centauri continues to prioritize employee\nhiring from the communities of Tolar Grande and San Antonio de los Cobres. The\ncamp is expected to receive the first drill rigs at site later this month.\n\nFor further information, please visit the Centauri website and subscribe to\nthe Centauri news list.\n\nSam Leung\nCEO and Director, Centauri Minerals Inc.\nPhone: +1 416 206 4187\nEmail: sam.leung@centauriminerals.com\n\nWebsite: www.centauriminerals.com\n\nQualified Person\n\nThe scientific and technical data contained in this news release has been\nreviewed and approved by Dr. Kevin B. Heather, B.Sc. (Hons), M.Sc, Ph.D,\nFAusIMM, FGS, Technical Advisor to Centauri Minerals, who serves as the\nqualified person (QP) under the definitions of National Instrument 43-101.\n\nAbout Centauri Minerals Inc.\n\nCentauri Minerals Inc. is a mineral exploration company focused on Northern\nArgentina, a mining region of increasing global significance. Centauri holds a\n100%-interest in a portfolio of exploration projects spanning approximately\n40,000 hectares in the provinces of Salta, Jujuy, and Catamarca, which was\nspun-out from Aldebaran Resources Inc. The most advanced is the Rio Grande\ngold-copper project located in Salta, which has an independent National\nInstrument 43-101 compliant mineral resource estimate that highlights\nsignificant gold, copper and silver quantities. Centauri has offices and\nfacilities in Salta, Argentina and Vancouver, Canada. Centauri trades on the\nTSX Venture Exchange with the symbol: CENT.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nForward-Looking Statements\n\nCertain statements regarding Centauri, including management’s assessment of\nfuture-plans and operations, may constitute forward-looking statements under\napplicable securities laws and necessarily involve known and unknown risks and\nuncertainties, most of which are beyond the control of Centauri. Often, but\nnot always, forward-looking statements or information can be identified by the\nuse of words such as “plans”, “expects” or “does not expect”,\n“is expected”, “budget”, “scheduled”, “estimates”,\n“forecasts”, “intends”, “anticipates” or “does not anticipate”\nor “believes” or variations of such words and phrases or statements that\ncertain actions, events or results “may”, “could”, “would”,\n“might” or “will” be taken, occur or be achieved.\n\nSpecifically, and without limitation, all statements included in this press\nrelease that address activities, events or developments that Centauri expects\nor anticipates will or may occur in the future, including, but not limited to\nthe proposed exploration and development of the Company’s projects described\nherein, and management’s assessment of future plans and operations and\nstatements with respect to the completion of the anticipated exploration and\ndevelopment programs, may constitute forward-looking statements under\napplicable securities laws and necessarily involve known and unknown risks and\nuncertainties, most of which are beyond Centauri’s control. These risks may\ncause actual financial and operating results, performance, levels of activity\nand achievements to differ materially from those expressed in, or implied by,\nsuch forward-looking statements. Although Centauri believes that the\nexpectations represented in such forward-looking statements are reasonable,\nthere can be no assurance that such expectations will prove to be correct. The\nforward-looking statements contained in this press release are made as of the\ndate hereof and Centauri does not undertake any obligation to publicly update\nor revise any forward-looking statements or information, whether as a result\nof new information, future events or otherwise, unless so required by\napplicable securities law. \n\n\n\nFigure 1: Location map of the Rio Grande MT survey area (magenta) in relation\nto the property boundaries, the Centauri exploration camp, and Fortuna\nMining’s Lindero Mine.\n\n\n\nFigure 2: Centauri’s Rio Grande Plan View Map. Interpretation of the\nreprocessed historical, geophysics and new MT resistivity model. Resistivity\ncontours of < 70 ohm·m are shown, as well as the magnetic low contour. The\nplan view represents a horizontal slice at an elevation of 3,250 m.a.s.l.\n\n\n\nFigure 3: Centauri’s Rio Grande section NE-SW displaying resistivity (Area A\n= ~2km across, Area B = ~2 km across, A+B = 4 km across).\n\nPhotos accompanying this announcement are available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/258b2ab6-269d-4fad-903a-2a938e8e222b\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/cf6e2994-8454-4f00-aec5-d36342659c95\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/e677483b-7cb3-4057-8644-b09d729a9eaf\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/15f6046f-6b3e-470c-ac7a-5349fafb65d9)\nFigure 1: \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/258b2ab6-269d-4fad-903a-2a938e8e222b/en)\nLocation map of the Rio Grande MT survey area (magenta) in relation to the\nproperty boundaries, the Centauri exploration camp, and Fortuna Mining’s\nLindero Mine.Figure 2: \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/cf6e2994-8454-4f00-aec5-d36342659c95/en)\nCentauri’s Rio Grande Plan View Map. Interpretation of the reprocessed\nhistorical, geophysics and new MT resistivity model. Resistivity contours of <\n70 ohm·m are shown, as well as the magnetic low contour. The plan view\nrepresents a horizontal slice at an elevation of 3,250 m.a.s.l.Figure 3: \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e677483b-7cb3-4057-8644-b09d729a9eaf/en)\nCentauri’s Rio Grande section NE-SW displaying resistivity (Area A = ~2km\nacross, Area B = ~2 km across, A+B = 4 km across).\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-13T13:39:43.179842361Z","server_sent_at_ms":1791898783179},"received_at":"2026-10-13T13:39:43.352Z","source_url":null},"analysis":{"id":"156106","press_release_id":"167823","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["No new assay results yet; exploration-stage company with binary drilling outcomes ahead","Early-stage TSX-V explorer one month post listing; results and funding cadence still unproven"],"eventType":"operations_update","narrative":"Centauri Minerals is mobilizing two drill rigs to its Rio Grande gold-copper project in Salta, Argentina, for the first new drilling since 2013.\n\nThe Phase 1 program targets 12,000 meters of diamond drilling over roughly six months into Q2 2027, with funded optionality to extend to 24,000 meters.\n\nA newly completed 56 km2 3D magneto-telluric survey identified a large low-resistivity target beneath the known ring-shaped deposit, compatible with a porphyry-type mineralized nucleus.\n\nDrilling at Rio Grande is the company's immediate priority, with parallel fieldwork beginning at the Aguas Calientes, Catua, and Frontera projects.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"First drilling at Rio Grande in 13 years kicks off a results-driven catalyst window into 2027."},"keyFigures":{"customDimensions":{"program_duration":"approximately 6 months (into Q2 2027)","mt_model_depth_km":"3 to 4","mt_survey_area_km2":56,"optional_phase2_meters":24000,"phase1_drilling_meters":12000,"land_portfolio_hectares":40000,"conductivity_anomaly_dimensions":"1.3 by 2.0 km"}},"quotedText":"Our first priority is drilling at Rio Grande, but we have also begun parallel preparations for exploration across our earlier stage portfolio in the region.","namedEntities":{"people":[{"name":"Sam Leung","role":"CEO and Director"},{"name":"Dr. Kevin B. Heather","role":"Technical Advisor / Qualified Person"}],"products":["Rio Grande gold-copper project","Aguas Calientes","Catua","Frontera","Cerro Cori","Sofia zone"],"companies":[{"name":"Centauri Minerals Inc.","ticker":"CENT","relationship":"filer"},{"name":"Regulus Resources Inc.","relationship":"prior explorer / historical operator"},{"name":"Fortuna Mining Corp.","relationship":"neighbouring mine operator (Lindero gold mine)"},{"name":"Aldebaran Resources Inc.","relationship":"spun-out parent"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"First drilling program at Rio Grande since 2013 with 12,000 m Phase 1 diamond drilling and encouraging geophysical targeting is a meaningful exploration milestone, but no assay results, resource changes, or financing events; exploration progress for a micro-cap explorer remains speculative."},"tickerRelevance":{"others":[{"ticker":"TSX-V: CENT","relevance":"listing venue of filer"}],"primary":"CENT"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap TSX-V explorer","eventGravity":"exploration milestone without assays","sectorWeight":"junior mining exploration news is niche","householdBrandBoost":0,"retailFavoriteBoost":0}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Centauri Minerals is mobilizing two drill rigs to its Rio Grande gold-copper project in Salta, Argentina, for the first new drilling since 2013.\n\nThe Phase 1 program targets 12,000 meters of diamond drilling over roughly six months into Q2 2027, with funded optionality to extend to 24,000 meters.\n\nA newly completed 56 km2 3D magneto-telluric survey identified a large low-resistivity target beneath the known ring-shaped deposit, compatible with a porphyry-type mineralized nucleus.\n\nDrilling at Rio Grande is the company's immediate priority, with parallel fieldwork beginning at the Aguas Calientes, Catua, and Frontera projects.","key_figures":{"customDimensions":{"program_duration":"approximately 6 months (into Q2 2027)","mt_model_depth_km":"3 to 4","mt_survey_area_km2":56,"optional_phase2_meters":24000,"phase1_drilling_meters":12000,"land_portfolio_hectares":40000,"conductivity_anomaly_dimensions":"1.3 by 2.0 km"}},"named_entities":{"people":[{"name":"Sam Leung","role":"CEO and Director"},{"name":"Dr. Kevin B. Heather","role":"Technical Advisor / Qualified Person"}],"products":["Rio Grande gold-copper project","Aguas Calientes","Catua","Frontera","Cerro Cori","Sofia zone"],"companies":[{"name":"Centauri Minerals Inc.","ticker":"CENT","relationship":"filer"},{"name":"Regulus Resources Inc.","relationship":"prior explorer / historical operator"},{"name":"Fortuna Mining Corp.","relationship":"neighbouring mine operator (Lindero gold mine)"},{"name":"Aldebaran Resources Inc.","relationship":"spun-out parent"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-13T13:39:50.234Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap TSX-V explorer","eventGravity":"exploration milestone without assays","sectorWeight":"junior mining exploration news is niche","householdBrandBoost":0,"retailFavoriteBoost":0}},"durationMs":6869,"modelName":"glm-5.3-flashx"}}