Centenario appoints senior positions at Cabot Copper-Gold Project
(TheNewswire)
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May 28th, 2026 – TheNewswire - Vancouver, BC – Centenario Gold Corp. (TSXV: CTG) ("Centenario” or the “Company”) is pleased to announce the appointment of Mr. Paul LeGrow, as the Company’s Senior Geologist / Project Manager overseeing the exploration and development of the Cabot Copper / Gold / Cobalt Exploration Project. Paul will oversee the ongoing exploration and drilling programs of Centenario’s Cabot Property located approximately ten kilometres from town of Baie Verte in Newfoundland and Labrador, Canada.
Paul LeGrow – Senior Project Geologist / Exploration Manager
Paul is a Senior Geologist with a Bachelor of Science Degree in Earth Science and over 30 years of employment experience in multiple mineral exploration and mining projects in Newfoundland and Labrador. Including employment as a Provincial Government Project Geologist, Exploration Geologist, Mine Geologist (Underground and Open Pit Mines), and a Resource Geologist. He has proven geological expertise in mapping and field sampling, core logging, data management and analysis, ore body modelling and grade estimation, and project planning and management including drilling projects. Paul currently lives in the Town of Baie Verte located just 10 kilometres from the Cabot site.
Paul joined the Centenario team from his role with Maritime Resources / New Found Gold Corp at the Hammerdown Mine located at King’s Point in Newfoundland (Open-Pit Gold), where he was initially a Field Geologist with Maritime Resources starting in February 2021 and then a Mine Geologist with New Found Gold from November 2025 until joining our team on June 1st, 2026.
Prior to his role at the Hammerdown deposit Paul worked at the Ming Mine (Underground Copper and Gold), operated by Rambler Metals & Mining PLC in Baie Verte Newfoundland as their Mineral Resource Geologist, from September 2012 to February 2021.
Paul brings a wealth of experience working in Newfoundland for most of his career. His previous knowledge of the Cabot project and geology of the surrounding area helps the company as we commence the upcoming exploration and drilling programs.
Larry Pilgrim – QP/Advisor
The Company is also very pleased to announce that Larry Pilgrim will also be joining our team as QP for the project as well as geological advisor to the Cabot project. Larry currently lives in Kings Point Newfoundland.
Previously he held the position of Senior Geologist for Richmont Mines Inc. during the original evaluation and development of the Hammerdown Gold Mine in 2000 where he worked until the mine closed in 2004 due to low gold prices.
Larry holds a Bachelor of Science degree in Geology from Memorial University and is a member of Professional Engineers and Geoscientists of Newfoundland, with more than 40 years of experience in exploration, ore grade control and mineral resource planning. Mr. Pilgrim joins the Centenario team as he transitions from his role as Exploration Manager/Project Manager with Maritime Resources from 2017 to November 2025 and prior to that Rambler Metals & Mining Canada PLC (Rambler) as Exploration Superintendent where he managed large exploration programs, ore grade control for the mine and was a senior staff member participating in mine planning and acquisition evaluations.
Doug Fulcher, President and CEO, comments, “We are extremely excited to have both Paul and Larry join our team. Having worked together over many years on various projects, their combined knowledge of multiple mineral deposits in Newfoundland, the Cabot project, and other historical mining operation will be invaluable as we move forward with the Cabot project. Their professional network within the Newfoundland and Labrador region, with the local communities, government agencies and the local talented work force will be a valuable asset for the Company’s growth plans. Paul and Larry will work closely to oversee the exploration and drilling programs planned for this summer on the Cabot high-grade copper and gold and strategic metals property.”
Proposed 2026 Work Program on the Cabot Property
For the 2026 field season, Centenario Gold Corp will execute a strategic, two-pronged exploration program at its Cabot Project on the Baie Verte Peninsula to aggressively advance a multi-commodity asset portfolio consisting of precious, base, and critical minerals. The first prong will focus on further delineating untested copper-rich EM stringer zones and adjacent, potentially economic flake graphite zones for an aggressive follow-up diamond drilling program. To better understand the structural controls on mineralization an high-resolution LIDAR survey will be deployed to map surficial structures. Simultaneously, the second prong will fast-track exploration around the historic Marble Cove gold prospect. This initiative will integrate a comprehensive compilation of historical data with targeted geochemical surveys and reconnaissance geological mapping, leveraging historical high-grade gold results to establish a high-confidence structural vectoring model across the broader property. To execute these objectives safely and efficiently, a detailed exploration program is currently being planned, and a dedicated field crew will be mobilized to the property to initiate ground operations as soon as permits are received.
It should also be noted that the Cabot property has very strong cobalt and graphite mineralization that the team will be following up on during these initial phases of work.
About Cabot Property
The Cabot Project is a copper-gold-cobalt-graphite exploration property with two distinct mineralized zones: a copper-cobalt rich system known as the “Cabot Copper Zone” and a separate quartz-vein hosted gold system known as the “Marble Cove Gold Prospect” that covers over 20.75 square kilometers (2,075 hectares). The Project is strategically located in a top-tier mining jurisdiction with road access, power infrastructure, and proximity to producing mines.
Cabot Copper Zone Highlights:
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Sampling has returned grades of up to 7% Cu, with multiple kilometer-scale mineralized trend identified in the Main Cabot VMS Zone.1
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Copper occurs as chalcopyrite and bornite within altered volcanic and sedimentary units, indicating a strong hydrothermal system.
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Geophysics and soil surveys have defined 5 drill-ready targets; 4 of which have not been tested by drilling or trenching.
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The Project is located in a rapidly developing VMS District with a long history of historic mine development; located just 15 km from Firefly Metals’ (ASX:FFM) Ming Copper-Gold Mine a significant mineral project with a current estimated M I Resource (November, 2025) of 50.4Mt of 2.0% CuEq with an inferred resource or 29.3Mt of 2.5% CuEq.2
Marble Cove Gold Prospect Highlights:
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A separate area of the project hosts gold mineralization, with historic sampling returning up to 70.38 g/t Au3
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Gold is associated with narrow structurally controlled quartz sulfide veins.
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Situated in a favorable geological setting, approximately 4 km west and along strike of the mineralized trends of New Found Gold Corps (TSX: NFG) Point Rousse Gold Project. Point Rousse has produced over 200,000 oz of gold and hosts three major mineralized trends, each extending 3 to 8 km before terminating at the coast. Marble Cove lies directly west, across the bay from these known gold-bearing structures.
Figure 1: Claim Location Maps showing the Cabot project in relation to the Firefly’s Ming Deposit
and the Newfound Gold’s Pine Cove and Point Rousse projects
Click Image To View Full Size
Qualified Person:
Larry Pilgrim is an independent Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical disclosure contained in this release.
Reader Caution: The qualified person has not verified the information on the adjacent properties nor mineralization found on adjacent and/or geologically similar properties which are not necessarily indicative of
mineralization found on the Property.
Centenario Gold Corp. is a mineral exploration company incorporated in British Columbia and headquartered in Vancouver, Canada. The Company is focused on the acquisition, exploration, and development of high-potential mineral projects in the Americas, with a primary emphasis on gold, copper and silver.
The Company is committed to responsible exploration and development, working closely with local communities and stakeholders. Centenario’s management team brings extensive experience in mineral exploration, project development, and capital markets.
Centenario Gold Corp. is listed on the TSX Venture Exchange and continues to evaluate new opportunities to expand its portfolio in both Mexico and Canada and deliver value to shareholders.
Further information on the Centenario Gold or their Properties can be found on our website at www.centenariogold.com.
On behalf of the Board of Directors,
Doug Fulcher
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements
Caution Regarding Forward Looking Statements:
Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute “forward-looking statements”. Such forward-looking statements include, without limitation, statements regarding copper, gold and silver forecasts, the financial strength of the Company, estimates regarding timing of future development and production and statements concerning possible expansion opportunities for the Company. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions may include, without limitation, the price of and anticipated costs of recovery of, copper concentrate, gold and silver, the presence of and continuity of such minerals at modeled grades and values, the capacities of various machinery and equipment, the availability of personnel, machinery and equipment at estimated prices, mineral recovery rates, and others. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, interpretation and implications of drilling and geophysical
1 Historic Grab Samples, taken by Ken Lewis (Vendor) in 2000 and Assayed at Eastern Analytical an accredited lab in Newfoundland and Labrador.
2 FFM Press Release Dated October 29th, 2024.
3 Historic Grab Samples, taken by Dan Jacob (Vendor) in 2024 and Assayed at Eastern Analytical an accredited lab in Newfoundland and Labrador.
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