Centurion Announces Non-Brokered Private Placement

Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") announces
that it has arranged a non-brokered private placement of up to 4,300,000 Units
priced at $0.07 for total gross proceeds of up to $301,000. Each Unit will
consist of one common share and one half warrant. Each whole warrant will be
exercisable for one common share at $0.10 for a period of eighteen months
following the closing and will be subject to a four month hold period.


Proceeds from this financing shall be used for Myanmar project due diligence,
exploration activities and general corporate purposes. The offering is subject
to the approval of the TSX Venture Exchange and finders' fees may be paid. 


Myanmar Gold Opportunities

Centurion has identified a number of gold mining and exploration projects and is
negotiating agreements with multiple potential mining partners in this
mineral-rich country. Many gold occurrences at varying stages of exploration
have been noted along the gold and associated mineralized belts of Myanmar, but
very few have been explored systematically using modern methodology. Most of the
occurrences are of epithermal and intrusion-related style of mineralization.
Historical exploration by international and local companies has resulted in
development of only a few of these into producing mines due to economic
sanctions and a lack of investment capital. 


ABOUT CENTURION 

Centurion Minerals Limited is a Canadian-based company focused on the
exploration and development of gold and other precious metal projects in
Southeast Asia. 


On Behalf of the Board,

David G. Tafel, President and CEO

This news release may contain forward looking statements concerning future
operations of Centurion Minerals Ltd. (the "Company"). All forward looking
statements concerning the Company's future plans and operations, including
management's assessment of the Company's project expectations or beliefs may be
subject to certain assumptions, risks and uncertainties beyond the Company's
control. Investors are cautioned that any such statements are not guarantees of
future performance and that actual performance and exploration and financial
results may differ materially from any estimates or projections. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Centurion Minerals Ltd.
David Tafel
President and CEO
604-484-2161
604-683-8544 (FAX)
[e-mail]
www.centurionminerals.com