CENTURION MINES CORPORATION

331 SOUTH RIO GRANDE STREET, SUITE 201 P.O. BOX 2365 SALT LAKE CITY, UTAH 84110
Phone: 801-534-1120 FAX: 801-534-1129

THE GEMINI AND CHIEF

ORE RUN TARGETS
(REPORT 5 OF 5)

Prepared by the Technical Staff at Centurion Mines Corporation

March 3, 1997

TABLE OF CONTENTS
I. THE GEMINI ORE TARGETS - Background and General Information....................................2
II. THE CENTENNIAL EUREKA MINE ......................................................................................3
A. Background .....................................................................................................................3
B. Ore Targets ......................................................................................................................3
1. Southern Extension of the Centennial Ore Channel ............................................3
2. South Dakota Extension .......................................................................................4
III. OPEX AND EMERALD MINES ..............................................................................................4
A. Background .....................................................................................................................4
IV. THE GRAND CENTRAL MINE ..............................................................................................5
A. Background .....................................................................................................................5
B. Past Production ................................................................................................................6
C. Reason for Closure ..........................................................................................................6
D. Dewatering ......................................................................................................................6
E. Ore Targets ......................................................................................................................6
1. Butterfly Gap .......................................................................................................6
2. F-2 Fold - Upper Grand Central Channel ............................................................7
3. Grand Central to Emerald Ore Targets ................................................................7
4. Sioux-Ajax-Mammoth Fault Intercept .................................................................8
VI. VICTORIA MINE .....................................................................................................................8
A. Background .....................................................................................................................8
B. Ore Targets ......................................................................................................................9
1. Victoria Fault Footwall ........................................................................................9
2. Grand Central Fault Zone ....................................................................................9
3. Surface Low Grade Gold .....................................................................................9
SELECTED REFERENCES GEMINI AND CHIEF ORE RUN TARGETS REPORT ..............10

LIST OF PLATES
GEMINI & CHIEF ORE RUN TARGETS
(Plates are in pocket to report)
Plate 1

Schematic Plan Map showing ore targets discussed within the Mammoth Mine
and Mines to the South report and the Gemini and Chief Ore Run Targets
report.

Plate 2

Southern Extension of the Centennial Ore Channel Ore Target Schematic.

Plate 3

Centennial Eureka 700 Level Plan N. Carolina & Virginia Break Targets

Plate 4

South Dakota Extension Ore Target Schematic.

Plate 5

Gemini Ore Run Cross Section

Plate 6

Schematic plan of Butterfly Gap Target

Plate 7

Cross Section of Butterfly Gap Targets.

Plate 8 A-B

F2 Fold Target Schematic Cross Sections.

I. THE GEMINI ORE TARGETS - Background and General Information (Plate 1)

The Gemini Ore Run extends from the Grand Central Mine in the south to the Gemini Mine in
the north, a distance of over 8,000 feet. Production from this run exceeds $990,000,000 (April
1995 metal prices) of which over half came from the Centennial Eureka Mine. Examination of
past production sheets and mine working locations demonstrates a pronounced zoning from
copper/gold to lead/silver to lead/zinc along the run from south to north. Mineralization in the
Gemini Ore Run is hosted by the Ajax, Ophir, and Bluebell Formations.
The area of this report also covers the southern portion of the Mammoth-Chief ore run through
the Grand Central Mine, but does not include the Mammoth Mine (see Mammoth Mine and
Mine Areas South Report). The deposits within this portion of the run, with few exceptions,
were all hosted in the Bluebell Formation. Production exceeds $255,000,000 (April 1995
metal prices) worth of gold, silver, copper, lead and zinc. The total production from the entire
Mammoth-Chief ore run exceeds well over one billion dollars, of which the chief producers
were the Mammoth Mine in the south and Chief #1 in the north. The Mammoth-Chief ore run
demonstrates the same metal zoning pattern of gold/copper to lead/silver to lead/zinc from
south to north along the run.
At the south end of the Gemini Ore Run, ore occurs chiefly in the Ajax Formation and is
localized by the intersection of favorable beds with north to northeast trending fault zones. In
the Grand Central ore channel, the Gemini Ore Run is sub-horizontal, again occurring within
the Ajax Formation. The Ajax Formation in this portion of the run is sub-horizontal since it
lies along the axial and deeper limbs of the Tintic Syncline. In the vicinity of the Centennial
Fault, the Gemini ore run changes its orientation and the principle ore bodies occur as 60
inclined chimneys. The Ajax and Ophir Formation host rocks are near vertical to overturned
in this the western limb of the Tintic Syncline. These ore chimneys account for the bulk of the
production from the Centennial-Eureka Mine, and are located where north-south mineralized
structures which approximately parallel bedding intersect a series of south dipping, east
striking, "cross breaks" or faults.
North of the Centennial Eureka Mine, through the Eureka Hill Mine, the Gemini ore run is
composed of a series of separate lenticular ore shoots lying along steep bedding planes in the
vertically standing Ajax Formation. At the Beck Mine, the Gemini Ore Run forms another
irregular vertical chimney of ore. It passes from the Ajax Formation south of the Beck fault
zone, to the Bluebell Formation north of the fault zone, without a change in elevation. The
change in ore host lithology does not appear to affect the ore zone geometry or ore character in
any respect.
The Gemini Ore Run is well defined throughout the mine workings and appears to be bedding
concordant. Available information suggests that only economic factors, such as encountering
the water table, labor problems, and boundary disputes prevented the development of
extensions to the Gemini ore run to the southeast, southwest, north and northeast of present
stoping.

The Mammoth-Chief ore bodies occur as sub-horizontal channels with the exception of the
southern-most Mammoth pipe or chimney. These channels blossom into large replacement
deposits in receptive carbonates at the intersection of major and minor east-west "cross-breaks"
or faults.
II. THE CENTENNIAL EUREKA MINE
A. Background
The Centennial Eureka Mine (C-E Mine) is the largest producer of gold and copper in the Tintic
district. It was referred to locally as the Blue Rock Mine and began operations in 1886. Initial
production came from ore that was exposed at the surface in the New Years stopes. Later, a
shaft was sunk to test for ore at depth. Three major blind ore pipes, the California, Virginia,
and North Carolina were developed beginning at approximately the 500 foot level of the mine.
Mining stopped at the water table located at approximately the 4,800 foot elevation (~1920
level of the C-E Mine).
The Centennial-Eureka Mine was the flagship producer for the United States Smelting and
Refining Company. From 1886 to 1897, 48,571 tons of ore was produced averaging 1.22
ounces per ton gold and 67.76 ounces per ton silver. No copper recovery was reported.
Mining during this period focused on the near surface high grades ores. From 1898 to 1913,
1,190,006 tons of ore was produced, averaging 0.44 ounces of gold per ton, 14.26 ounces silver
per ton, 9.55% copper and 2.18% lead. From 1914 to 1920, 258,628 tons of ore, averaging
0.28 ounces per ton gold, 11.02 ounces per ton silver, 1.73% copper and 0.42% lead was
produced. The mine continued to produce until 1927, when operations were terminated.
From 1928 to 1953, lessees produced small lots of ore from the mine. In all, the Centennial
Eureka Mine produced 1,560,000 tons of ore. Based on recovered metals, this ore contained
656,310 ounces of gold, averaging 0.42 ounces per ton, 23,370,000 ounces of silver, averaging
14.98 ounces per ton, 79,570,000 pounds of copper, averaging 2.55% and 20,040,000 pounds of
lead, averaging 0.64%. These recovered metals are worth $446,600,000 at today's metal
prices.
The Centennial Eureka Mine did not close down for lack of ore or ore potential, its closure was
due to property boundary limitations, ore crossing below the water table, and poor economic
conditions. Many targets that were proposed by earlier geologists were never developed. No
exploration work has ever been directed toward testing the projections of the many mineralizing
structures both above and particularly below the water table.
Recently, Centurion has re-opened and rehabilitated the Holden Tunnel (C-E Mine 550 foot
level), which was a haulage tunnel for the main Centennial Eureka shaft. A manway has been
installed in the shaft to access the 400, 500, 600, and 700 levels. This rehabilitation work has
allowed for detailed sampling and mapping of the upper levels of the mine and the generation of
high quality targets.

B. Ore Targets
1. Southern Extension of the Centennial Ore Channel (Plate 4)
Old mine reports suggest that the East Limit Fault terminates against the South Reverse Fault.
Recent studies suggest that rather than being terminated, it was offset to the northeast on the
south side of the South Reverse Fault. This is very well demonstrated as you follow the trace
of the East Limit Fault to the south along with its associated stopes (South Carolina and Arizona
Stopes). The East Limit Fault dips at 60 to 65 to the west and cuts the near vertical Ajax
Formation north of the South Reverse Fault (Plate 2).
South of the South Reverse Fault, the Ajax Formation is rotated so that it no longer stands near
vertical nor strikes north-south. Rather it dips 45 to the northeast and strikes northwest. The
East Limit Fault is offset 320 feet to the northeast by the younger South Reverse Fault. The
East Limit Fault south of the South Reverse Fault dips 70 to the east and strikes north-south.
This fault orientation is to be expected since the Ajax Formation and the East Limit Fault are
rotated by movement along the South Reverse Fault. The Ajax Formation south of the South
Reverse Fault is structurally prepared for mineralization. This zone was once on ground not
controlled by the Centennial-Eureka Mine (Opex Mine property) so the target has not been
tested. Centurion controls both sides of the property line.
2. South Dakota Extension (Plate 4)
Ore on the 1,800 foot level of the C-E Mine was thought to be terminated by a dike of Swansea
porphyry. The ore outline appears to be controlled by the porphyry, however, the porphyry is
actually controlled by the same structures that control the ore occurrences. Faulting has offset
a block of Ajax Formation to the west, just south of the Virginia Break. Structural intercepts,
account for the location of the South Dakota Stope which seems isolated from other C-E Mine
ore columns (Plate 4).
The South Dakota ore body is controlled by the intersection of the Virginia Break, the South
Reverse Fault and the East Limit Break. Additional ore bodies could be expected
approximately 400 to 500 feet west of the East Limit Break, and south of the Virginia Break.
This area is also north of the South Reverse Fault. The target host rocks are carbonates of the
highly productive Ajax Formation. In the target area, the Ajax Formation is offset to the west
of the South Dakota Stope, which partially lies in the Opohonga Formation. References to up
angled drilling with anomalous copper values in the northernmost portions of the Opex Mine,
2,147 level, may have intersected portions of this offset block of mineralization. Centurion
now controls the Opex Mine property.
III. OPEX AND EMERALD MINES (Plate 1)
A. Background
The Centennial-Eureka ore bodies may extend to the south. Property boundaries previously
prevented exploration in this area. Southern extensions were under the control of the Opex
Mining Company, and the Emerald, or Tintic Gold, Mining Company. Centurion now

controls this ground. The Opex Mine consists of a shaft sunk to the water table at the 2,147
foot level, with exploratory drifts on the 1,300 foot level, 1,500 foot level, 1,700 foot level and
2,147 foot level. Extensive exploration drifting and some diamond drilling was concentrated
at the northern property boundary in the lowest levels of the mine. Mine reports indicate "ore
carrying copper is reported to have been found in the 2nd diamond drill hole driven from the
2,147 level, the hole was driven upwards" (Engineering & Mining Journal, May 28, 1910).
Shortly after this intercept the Opex Mine was ordered closed due to litigation (Engineering &
Mining Journal, Sept. 23, 1911). The Opex never did resume operations. Examination of
Opex Mine maps show that very large areas were left completely unexplored. For some reason
no exploration was conducted in highly prospective ground in the best carbonate ore hosts,
especially the Ajax Formation, extending from the Opex Shaft collar to the 1,300 foot level.
Properties controlled by the Emerald/Tintic Gold Company were first located in 1887 and 1889.
They include the 1,000 foot deep Emerald Shaft. A winze on the 1,000 foot level extends to
1,100 feet. Drifts were run on the 400, 500, 600, 700, 900, 1,000 and 1,100 levels. Weak
mineralization is exposed on all of these mine levels, but not in large enough quantities which
could contribute toward significant production. Favorable gold values were reported from the
southern portions of the 600 level. According to Guy W. Crane, mineralization on the 600
level of the Emerald Mine was definite evidence of the southerly continuation of the Centennial
Ore Channel:
"The Emerald Mine happens to be at the extreme southern, or gold/copper
end of the Gemini or Centennial Channel, the largest producer of the five
major ore zones, and for this and other reasons, is due to become a producer
of ore consisting of gold. On the same fissure, to which recent
developments in the Emerald Mine have been directed, ore bodies in the
lower levels of the Grand Central Mine have their principle values in gold
and copper, indicating the trend in the direction of the Emerald" (Guy
Crane, March 28, 1933 correspondence).
IV. THE GRAND CENTRAL MINE
A. Background
The Grand Central mine began operations in 1895. Ore intersected on the 700 level in January
1897 was followed onto the 400 foot level. This was known as the "Butterfly Stope." Very
little ore was mined above the 400 foot level. The shaft was eventually deepened to 2,300 feet,
which was the maximum sinking capacity of the hoist. Mineralization continued below this
2,300 foot depth.
The Grand Central shaft is entirely within the Opohonga Formation, except for the bottom 350
feet, which is in the Ajax Formation. Production from the Grand Central came from two
distinct ore channels: 1) The north-south trending "Chief" ore channel in the upper levels of
the mine (400 to 800 foot levels), and 2) the west-northwest trending "Grand Central" ore
channel on the bottom four levels of the mine. This lower ore channel continued across the
property boundary into the Oklahoma Stopes of the Centennial Eureka Mine.

The Grand Central Mine was constantly involved in litigation throughout its production history,
usually over property boundaries. One legal dispute with the Mammoth Mine owners lasted
over 20 years and was appealed before the Utah Supreme Court twice. Many highly
prospective areas between the two mines, such as the Butterfly Gap, were left undeveloped
because of these litigations.
The Grand Central mine was sold to Chief Consolidated Mining Company in 1922, who in turn
sold it to American Smelting and Refining Company in 1934. American Smelting operated the
mine until 1940, when it closed due to the poor property position, economic factors related to
World War II, and the intersection of ore channels with the water table.
B. Past Production
The Grand Central Mine produced 720,000 tons of ore with an average recovered metals grade
of 0.27 ounces per ton gold, 14.17 ounces per ton silver, 1.35% copper and 1.14% lead from
1897 to 1940.
C. Reason for Closure
The Grand Central Mine closed due to poor property position, poor economic conditions, and
the costs involved in deepening the shaft, i.e. new modern hoist, pumps and retimbering.
D. Dewatering
The Grand Central mine did not encounter water in the mine workings, except on the 2,400
level which was below the water table. Ongoing dewatering operations at the Chief Mine
dewatered this level of the Grand Central Mine as well. It has been reported that a small
amount of water was running down the shaft from the 700 level. A 4 inch line was used to
divert this water. Water flow at that rate can be used to the advantage of exploration and
development work.
E. Ore Targets
1. Butterfly Gap (Plates 6 & 7)
The location and orientation of ore in the Butterfly Pipe is structurally controlled, occurring in
favorable horizons that abut on deep seated mineralized faults or conduits. At the property line
between the Grand Central Mining Company and the Mammoth Mining Company (both now
owned by Centurion), highly favorable ore targets were left undeveloped due to litigation. One
high priority undeveloped zone is referred to by Centurion as the Butterfly Gap. It is the
projected intersection of several northeast and north-south fault zones, i.e. the Mammoth Fault
Zone, the East Mammoth Split, and the Back Fissure System.
In the Butterfly Gap target area, the Silveropolis Stope on Mammoth ground was mined down
to the 700 level. It connects with workings extending up from the Grand Central 800 level on
the southern end of the Butterfly Stope. Early development in this area was halted due to

litigation. However, ore was mined 1,200 feet below this contested area in the Grand Central
Mine. The Butterfly Gap ore target is the downward and upward projection of the structures
historically mined on both sides at the Mammoth Fault in this 1,200 foot vertical zone,
especially where this zone intersects favorable rock units.
The Butterfly extension target can be tested from the surface as well as underground. Surface
drill sites were prepared for this area during the 1994 field season, just north of the Mammoth
Mine surface facilities. Drilling could also be completed from the Mammoth 800 and 900
levels as well as from the Grand Central 800 and 1,800 levels. The Butterfly Gap structures
remain untested for over 1000 ft vertical extent. (Plate 7)
2. F-2 Fold - Upper Grand Central Channel (Plates 8-A to 8-D)
Ore in the upper portions of the Grand Central Mine, or the "Chief Channel", is located in a
parasitic fold formed on the west limb of the main Tintic Syncline in the vertically standing
Bluebell horizon. The parasitic or F-2 fold axis is subhorizontal and can be traced along its
north-south strike for several thousand feet. The previous mine operators did not fully
understand the structural controls imposed by this F-2 fold on the chief ore channel.
Immediately above the "Chief Channel", the vertically standing receptive Bluebell Formation
(Beecher Member) forms another parasitic fold, creating a second, stacked sub-horizontal zone
of well prepared ground that has the potential for duplicating the ore deposit mined from the
"Chief Channel". This high potential F-2 Fold target zone can be drill tested from the surface
and from the 400 and 600 levels of the Grand Central Mine. The 6,900 foot elevation of the
target is well above the water table at an elevation of 4,800 feet.
3. Grand Central to Emerald Ore Targets (Plates 6 & 7)
Ore in the lower levels of the Emerald Mine occurs in the Ajax Formation along east-west and
northwest striking mineralizing faults where they intersect northeast striking faults (including
the No. 1 Fissure, the Iron Break, the West Break, and the Mammoth Fault Zone). The highly
productive Ajax Formation in this portion of the mine dips to the northeast at approximately 45
and strikes northwest. A small amount of ore was mined from the Ajax formation on the 600
level of the Emerald Mine. Scattered rock samples from the Ajax Formation on the level
assayed up to 6 ounces of gold per ton.
The entire 1,200 foot long and 1,000 foot wide target zone in the Ajax Formation between the
Emerald and Grand Central Mines is unexplored. Exploration of this area should consist of a
structural mapping program, geochemical survey, and underground drilling from the Emerald
600 or 700 levels. Several east-west fault zones project across this area and can be mapped on
the surface. These faults will intersect the northeast striking mineralizing structures
responsible for the rich ore deposits mined from the Ajax-hosted "Grand Central Channel" to
the north on the 2,000 through 2,400 levels of the Grand Central Mine.
High quality ore targets also exist below the water table. North of the "Grand Central
Channel", the mineralizing structures and the north dipping Ajax Formation project to the

northern boundary of Centurion's property. There is a high potential for ore bodies such as the
"Grand Central Channel" being duplicated at depth. This target area has great potential based
on the presence of additional fault intercepts within the receptive Ajax Formation and the lack
of control the present water table has on ore grades. Ore in the Chief No. 1 Mine was developed
and blocked out up to 1,500 feet below the water table when labor disputes closed the mine.
4. Sioux-Ajax-Mammoth Fault Intercept (Plate 6)
The intersection of the Sioux-Ajax Fault with the Mammoth fault zone has potential for large
ore deposits. The projected intersection of the Sioux-Ajax Fault with the Mammoth Fault at
the 4,500 foot elevation (approximately 2,500 feet below the surface) lies approximately 900
feet to the west and near the southernmost portions of the Grand Central 2,000 to 2,300 level
mine workings. The line of the intersection of these two faults will cut the favorable Ajax
horizon west of the Mammoth workings. This intersection also projects into the very receptive
Ophir Formation below the water table. These target areas have enormous ore potential. The
best way to test this area is by drilling from the Mammoth 2,100 level. A drift driven by
Kennecott in 1980 to connect with the Grand Central 2,100 level could readily provide access to
underground drill stations to test these targets.
VI. VICTORIA MINE
A. Background
The Victoria Mine lies in the northern part of the Mammoth-Chief ore run. Ore runs in the
mine are controlled by the axis of a parasitic fold, similar to the ore controls in the upper Grand
Central Mine ore channel. The strike of the Bluebell Formation changes from north-south to
N20W in the northern portion of the mine.
There is no mineralization on the surface above the Victoria ore deposit due primarily to the
control of ore by parasitic folding of the Bluebell formation. Ore in the fold appears to be fed
by several N50E to N70E south dipping fault zones.
Victoria Mine ore was very siliceous and assayed as high as 5.8 ounces per ton gold and 120
ounces per ton silver. The overall average of the recovered metals from the 334,000 tons of ore
mined was 0.15 ounces per ton gold, 20.63 ounces per ton silver, 0.40% copper and 7.18% lead.
This ore yielded 49,000 ounces of gold, 6,880,000 ounces of silver, 2,650,000 pounds of copper
and 47,920,000 pounds of lead.
The Victoria deposit was mined from both the Victoria Shaft and the Grand Central Shaft. The
Victoria 900 level corresponds with the Grand Central 1100 level. The bulk of the production
was hoisted through the Grand Central Shaft.

B. Ore Targets
1. Victoria Fault Footwall
Very little exploration work has been focused towards the footwall of the Victoria Fault, where
north-east cross structures intersect it. These zones of structural preparation project into the
very favorable Ajax Formation at depth. Centurion's present land position eliminates previous
property boundary restrictions in the area of these projections. High grade gold, silver and
copper mineralization should lie within the target areas. These targets are below the water
table.
2. Grand Central Fault Zone
The Grand Central fault zone is located east of the Victoria Channel. The Grand Central Fault
dips to the west at 60 to 70 and projects below the Victoria channel. The Ajax formation will
be encountered on the footwall side of the fault. Mineralization should exist along the strike of
the Grand Central fault zone, increasing to substantial widths at the intersections with the many
mineralized northeast crossbreaks that can be projected from the upper workings. This target is
below the water table.
3. Surface Low Grade Gold
Just south of the Victoria Mine Shaft, a zone of jasperoids carrying low grade gold has been
sampled. These jasperoids average .05 ounces per ton gold in surface rock chips. This zone
was first tested by Western Mining in rock chip samples and one drill hole. Drill hole assay
results were poor. There has been no follow-up work done. Old mine reports indicate that
large low grade areas in the Victoria Mine were left in place. These zones are highly siliceous
and carry some values in silver and gold. It is recommended that a detailed geochemical rock
chip sample program be undertaken near the shaft. Drill holes should be collared to test for
large tonnage, low grade ore zones that may have been missed by Western Minings drill
program.

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Plate 1 Tintic Area Ore Location Map

Plate 2 Southern Extension of the Centennial Ore Channel Schematic

Plate 3 Centennial Eureka 700 Level plan North Carolina & Virginia Break Targets

Plate 4 Centennial Eureka 1500 Level South Dakota Extension Target

Plate 5 Gemini Ore Run Cross section

Plate 6 Schematic plan of butterfly gap target

Plate 7 Cross section of Butterfly Gap targets

Plate 8 F-2 fold A

Plate 8 B F-2 fold

Plate 8 C F-2 Fold

Plate 8 D F-2 Fold