Sam Leung of Centauri Minerals Inc. presents at Metals Investor Forum in Vancouver | Sep 2026
Metals Investor Forum Sep 25, 2026 10:39
Summary
Centauri Minerals, a newly listed TSX-V spin-out of Aldebaran, brings 40,000 ha of Argentina gold-copper-silver exposure across six projects.
Flagship Rio Grande holds a historical 3M oz gold, 800K tonnes copper, and 30M oz silver — and sits 10 km from Fortuna's Lindero mine.
The company raised $30M without warrants and reached ~$100M market cap, with a 12,000m drill program starting Q4.
Secondary projects Agua Calientes and Frontera offer high-grade gold-silver boulders and 2 kg/t silver trench upside.
Key points on Fortuna Mining
- Fortuna owns the Lindero mine, built only 5 years ago, that sits less than 10 km from Centauri's Rio Grande deposit
- Centauri owns an airstrip between the Rio Grande deposit and the Lindero mine that Fortuna uses under an operating agreement
Key points on AbraSilver Resource
- Leung notes he was part of the team that formed AbraSilver in 2019 and recently stepped off its board after about eight years
- Leung frames AbraSilver's 2019 starting point as a comparable for Centauri's potential
John Black's takeaways
- Top takeaway Along with Kevin Heather, held the northern Argentina exploration portfolio through the Regulus-era team for 15–20 years, keeping it intact when Argentina was seen as unstable
- This Centauri spin-out is the fourth in the Black/Heather stable, and Leung credits Black, Heather, and Mark Wayne for their ongoing support of Centauri
Sam Leung's takeaways
- Top takeaway Argues Rio Grande is undervalued at ~$100M market cap given the doubled contained metal in the new 43-101 and the project's proximity to Fortuna's producing Lindero mine
- Plans to begin drilling at Rio Grande in Q4 with two rigs and a 12,000 m first program, funded by the existing treasury, framing steady news flow as the key message
- Positions Centauri as a comparable to AbraSilver in 2019, citing his own track record of co-founding AbraSilver and selling Aventus Mining to Silver Corp
- Highlights two secondary projects to de-risk the portfolio: Agua Calientes (6 km of high-grade Au-Ag float boulders, geophysics underway) and Frontera in Catamarca (historical trenches over 2 kg/t silver)
- Stresses a clean cap structure with $30M raised in 12 months and no warrants, plus management continuity from the Aldebaran team