Cenit Update on Coppercorp Project

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TORONTO, Sept. 26, 2011 /CNW/ - Cenit Corporation (CNT: TSXV) commenced a drill program at the Coppercorp Project in July 2011, to test the B Zone and the depth extension of the past-producing Coppercorp Mine C Zone. The drill program has been expanded to include testing the SB zone and the Kincaid Breccia. In conjunction with the drill program; there is an ongoing mapping and surface sampling program. The Coppercorp Project is located approximately 85 kilometres northwest of Sault Ste. Marie, Ontario. Cenit and its joint venture partner First Minerals Exploration Ltd. retain approximately 60 square kilometres of contiguous claims at the Coppercorp Project.

Coppercorp B Zone and C Zone Drill Results

Surface sampling of the B Zone returned a weighted average grade of 4.94% copper across 3 metres over an 8 metre strike length of exposed vein at the north end of the zone, and 2.84% copper across 3 metres over a 17 metre strike length of discontinuously exposed vein at the south end of the zone. The mineralized veins and breccia veins were intersected in most drill holes. Drill hole cross sections are currently being prepared in order to determine the continuity and grade of the mineralized zone(s). The depth of the mineralized intercepts from surface is between 12 and 40 meters.

Significant results include:

  • BCP-1-11 intercepted 5.58 metres of 1.97% copper and 20.85 gpt silver
  • BCP-4-11 intercepted 3.65 metres of 1.4% copper and 3.9 gpt silver
  • BCP-3-11 intercepted 0.9 metres of 0.45% copper
  • BCP-9-11 intercepted 1.5 metres of 0.42% copper
  • BCP-12-11 intercepted 1 metres of 0.9% copper

Assays are pending for the one drill hole designed to test the depth extension of the past-producing Coppercorp Mine C-Zone.

Coppercorp Historic Data Compilation and Review

Historic data is being collected, digitized, 3D modeled and will be interpreted in conjunction with results to date. Historical data includes relevant data from past geological mapping, drilling, mining and various airborne and ground geophysical surveys.

Coppercorp Surface Program

A total of 47 rock chip and grab samples were collected and assayed on the 16 Block which includes the Kincaid Breccia. The surface sampling and mapping programs are currently in progress on the North 16 Block of the Coppercorp Project.

Although 4 assays are pending; sampling results to date include:

  • 16 of the 47 samples across the block returned copper values higher than 100 ppm
  • A newly identified quartz/hematite breccia ran 0.31% copper and 1 ppm silver
  • Of the four grab samples taken from the Kincaid Breccia; two of the samples assayed 0.11% copper and 0.6% copper, and one sample assayed 3.44% copper, 29.6 ppm silver and 0.184 ppm gold.

Surface mapping of the Kincaid Breccia has traced the zone over 400 metres. The approximate width varies from 40 metres up to 200 metres at its widest point.

Technical information on the Coppercorp Project has been reviewed and approved by Delio Tortosa, P. Geol. who is a "Qualified Person" under National Instrument 43-101 and a consultant to Cenit.

Cenit Corporation

Cenit Corporation is a Canadian-based exploration company focused on base metal exploration. The Company's primary objective is to explore highly prospective base metal projects, particularly copper, in order to meet the increasing global demand.  The Company has two key exploration projects; the Coppercorp Project in Ontario and the Rivière Doré Project in Quebec.

CAUTIONARY STATEMENT: Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates",  "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws. Please see our public filings at www.sedar.com for further information.

SOURCE Cenit Corporation

For further information:

Cenit Corporation
Judy Baker
President & CEO
Tel: 416. 214. 9152
Email: jbaker@cenitcorp.com
Web site: www.cenitcorp.com

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