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DGAP-News: Centor, Inc. Acquires Nobewan Gold Concession in Ghana West Africa

ID: 1226384
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(businesspress24) - Centor Inc.

13.05.2013 14:00
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WINTERPARK, Fla., 2013-05-13 14:00 CEST (GLOBE NEWSWIRE) --
Centor, Inc. (OTCBB:CNTO) is pleased to announce the acquisition of 100%
interest in the Nobewan Gold Concession in Ghana West Africa from Bullnet Gold
Resources Limited.

The Nobewan Concession is 40.3 square kilometers located on the western flank
of the Ashanti Gold Belt largely within the Kumasi Basin Sediments. The Ashanti
Gold belt is the oldest and most proven of all Ghana gold belts. The area was
and continues to be the focus for gold exploitation in Ghana. The Ashanti Belt
now has an aggregated gold endowment (past production + resources and reserves)
in excess of 125,000,000 ounces of gold. The Nobewan Concession appears to
share many geo-tectonic similarities and is in close proximity to proven gold
reserves of some of the major companies in the area including: Anglo Gold
Ashanti, Newmont and Chirano. This region is undoubtedly one of the richest
gold resources in Ghana and one of the world's premier gold belts.

With the acquisition the Company obtained testing already completed by Newmont
on the Concession including soil geochemistry, VLF, electromagnetics and
geological mapping that indicated many encouraging results, including
well-defined magnetic banding and high anomalies at the north-eastern and
southwestern portion of the concessions that warrant further testing. The
Company is planning to initiate an immediate testing program to further refine
identified target areas including a 1.8km strike zone observed in the central
portion of the concession.

The Company management expects to report further finding and operational plans
in the foreseeable future. Given the size of the Nobewan concession and review
of existing reports the Company is optimistic that the Concession will be


productive affording shareholders long term revenues and growth.

The company's website is www.centorresources.com

FORWARD LOOKING STATEMENTS

Certain statements in this release, other than statements of historical fact,
may include forward-looking information that involves various risks and
uncertainties. There can be no assurance that such forward-looking statements
will prove to be accurate. Actual result and future events could differ
materially from those anticipated in such statements. These and all subsequent
written and oral forward-looking statements are based on the estimates and
opinions of management on the dates they are made and expressly qualified in
their entirety by this notice. The Company assumes no obligation to update
forward-looking statements should circumstances or management's estimates or
opinions change, other than as required pursuant to applicable securities laws.


CONTACT: Bradley Wilson, President and CEO
Centor Resources, Inc.

For further Information and
inquiries please call: 866-491-3128.
News Source: NASDAQ OMX



13.05.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Centor Inc.


United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US15235M2052
WKN:

End of Announcement DGAP News-Service

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Date: 05/13/2013 - 14:00
Language: English
News-ID 1226384
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