october 2016 corporate presentation

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TSX.V: CT | www.centeneramining.com 1 OCTOBER 2016 Corporate Presentation TSX.V: CT www.centeneramining.com

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TSX.V: CT | www.centeneramining.com 1

OCTOBER 2016 Corporate Presentation

TSX.V: CT www.centeneramining.com

TSX.V: CT | www.centeneramining.com 2

Forward Looking and Cautionary Statements

Except for the statements of historical fact contained herein, the information presented on this website and the information incorporated by reference herein, constitutes “forward looking information” within the meaning of applicable Canadian securities laws concerning the business, operations and financial performance and condition of Centenera Mining Corporation (“the Company”). All statements, except for statements of historical fact, that address activities, events or developments that management of the Company expects or anticipates will or may occur in the future including such things as future capital expenditures (including the amount and nature thereof), business strategies and measures to implement strategies, competitive strengths, goals, expansion and growth of the business and operations, plans and references to the future success of the Company, and such other matters, are forward looking statements. Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward looking information. Such risks and other factors include, among others, operating and technical difficulties in connection with mining development, actual results of exploration activities, estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, costs of production, capital expenditures, the costs and timing of the development of new deposits, the availability of a sufficient supply of water and other materials, requirements for additional capital, future prices of metal, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities, risks related to joint venture operations, risks related to the integration of acquisitions, as well as risks and uncertainties discussed in the latest Management Discussion and Analysis Reports and Financial Statements (refer to the Financial Section on the Company’s website under Investors, and company filings on www.sedar.com). Shareholders are cautioned not to place undue reliance on forward looking information. The Company undertakes no obligation to update any of the forward looking information on this website or incorporated by reference herein, except as otherwise required by law.

TSX.V: CT | www.centeneramining.com 3

Investing in Argentina

100% ARGENTINA-FOCUSED RESOURCE COMPANY

>70% OF STOCK WITH SUPPORTIVE SHAREHOLDERS

1 TANTALUM-LITHIUM PROJECT

3 PRECIOUS METALS PROJECTS

SEEKING TO ACQUIRE ADDITIONAL MINERAL

RESOURCE PROJECTS IN ARGENTINA

Alumbrera Mine, Goldcorp 37.5%, Yamana 12.5%

Veladero Mine, Barrick

Centenera’s 100%-owned Organullo Gold project

TSX.V: CT | www.centeneramining.com 4

Investment Attractiveness in South America

• Northwest Argentina, Chile and Peru are stand-out jurisdictions for mining investment in South America

• In northwest Argentina, the Provinces of Juyuy,

Salta, Catamarca and San Juan provide safe investment climates

• Salta Province is ranked #1 jurisdiction in Argentina (Fraser Institute 2016)

Source: Fraser Institute Survey of Mining Companies 2015

Source Fraser Institute ‘Survey of Mining Companies 2015’ www.fraserinstutute.org, March 2016

TSX.V: CT | www.centeneramining.com 5

Summary of Current Projects

1. EL QUEMADO PROJECT – Salta Province El Quemado is a hard-rock pegmatite project centered on historical mining operations where tantalum, niobium and bismuth were formerly produced. 2. ORGANULLO GOLD PROJECT – Salta Province Centenera’s flagship gold project is a deposit with a JORC-compliant geological target size ranging from 600,000 ounces at 0.94g/t gold (19.8Mt) to 940,000 ounces at 0.92g/t gold (31.6Mt), using a 0.5g/t cut-off grade. 3. MINA ANGELA GOLD PROJECT – Chubut Province This former gold mine produced 150,000 ounces of gold to 1992 when the mine closed. Exploration data, including drill intersections, demonstrates expansion potential. 4. CROSBY PROPERTY – Jujuy Province A strategic land position contiguous with the Silver Standard’s operating Pirquitas Mine.

It should be noted that the Organullo potential exploration target quantities and grades are conceptual in nature, that insufficient exploration and geological modelling has been done to define a mineral resource, and that it is uncertain if further exploration will result in the delineation of a mineral resource.

TSX.V: CT | www.centeneramining.com 6

1. El Quemado Tantalum – Lithium Project

OVERVIEW • Excellent land position in Argentina’s premier

pegmatite district • Includes several small-scale former producing mines

• Exposure to Tantalum and Lithium markets

TSX.V: CT | www.centeneramining.com 7

El Quemado Project

GEOLOGY • District with rare element class granitic

pegmatites (lithium sub-class)

• Despite historical production, no modern exploration has been completed

• Work in 2016 will focus on mapping, prospecting and sampling

HISTORICAL PRODUCTION • Project includes historic El Quemado mine

• Historical production of concentrates with

average grades 39.65% tantalum, 20.98% niobium, 61.46% bismuth. The Company cautions that the grade of concentrates is derived from private mining company records that are historical in nature.

El Quemado claims and historical producing sites. The project comprises 19 claims totaling approximately 8,000 hectares.

TSX.V: CT | www.centeneramining.com 8

2. Organullo Gold Project

OVERVIEW • Centenera owns 100% interest

• Close the city of Salta and good infrastructure (road,

rail, gas, power) • Includes Julio Verne Mine, an underground mine

producing copper, bismuth and gold in the 1930’s.

• Independent NI 43-101 (April 17th, 2015)

Road, rail, electrical transmission and gas pipelines in the vicinity of the Organullo project.

TSX.V: CT | www.centeneramining.com 9

Organullo Gold Project

GEOLOGY • High sulphidation epithermal gold deposit

• Large alteration system with more than 7 kilometers of

geochemically anomalous rock samples along trend

• Strong alteration intensity observed in interpreted Aster data

HISTORICAL WORK • 44 drill holes (8,174meters)

• 630 rock samples, 471 talus fines, 45 BLEG and 2,707

PIMA samples

Aster Satellite Scene, measuring 60 km x 60km, demonstrates that while alteration intensity is strong

at Organullo (in this case Jarosite), it is rare in the surrounding area.

TSX.V: CT | www.centeneramining.com 10

ASSUMPTIONS & PARAMETERS: • Gold grades estimated for each model based on the common

vein orientation in each area • Drill data composited to 2.0 meters downhole; no limits on the

input and output parameters; unconstrained by geology • Inverse distance squared algorithm • Two scan distances used in grade estimation – 200 meters

(lower range) and 300 meter scan distances (upper range) • Constant density of 2.6t/m3 assumed

It should be noted that these potential exploration target quantities and grades are conceptual in nature, that insufficient exploration and geological modelling

has been done to define a mineral resource, and that it is uncertain if further exploration will result in the delineation of a mineral resource.

Organullo Gold Project

Pit Shell Outlines in Target Areas 2 and 3 from Organullo Pit Optimization Study, GeoRes, 2012. Background is Jarosite Alteration Intensity typically

associated with epithermal systems

TSX.V: CT | www.centeneramining.com 11

Organullo Gold Project

TARGET 1 • Largely untested area of high alteration intensity with

little surface sampling and one drillhole on the periphery

TARGET 2 • Target with substantial sampling and five drillholes • Target tonnage and grade range is large because target

requires more drill definition TARGET 3 • Tested with 28 drillholes and target ranges from

498,000 to 589,000 ounces • Well sampled but more drilling required to increase

certainty TARGET 4 • High alteration intensity and positive surface sampling,

but only three drillholes

4 Priority Target Areas in Detail

TSX.V: CT | www.centeneramining.com 12

Map shows precious and base metal projects only. Other operations such as iron and lithium are excluded.

3. Mina Angela Project

OVERVIEW • 15,500 hectare project in northern Chubut Province

• Close to national transportation infrastructure with rail

connection to deep water ports

• 50 kilometers northwest of Pan Pacific Silver’s advanced-stage silver property, Navidad

• Although a past-producer of gold and lead, the property is still underexplored

• Exploration drill discoveries from the 90s require additional drilling and definition

TSX.V: CT | www.centeneramining.com 13

Geology of the Mina Angela Project

Mina Angela Project

GEOLOGY

• Low sulphidation epithermal gold vein systems

• Mineralized system is open at depth and along strike HISTORICAL WORK • Past lead producer (1936 – 1940)

• Past gold producer (1978 – 1992), 150,000 ounces

• Government records from 1983 – 1992 indicate the

extraction of 1.04 million tonnes of ore with average grades of 4.0 g/t gold, 48.4 g/t silver, 2.0% lead, 0.4% copper and 4.6% zinc

TSX.V: CT | www.centeneramining.com 14

4. Crosby Property

Map shows precious and base metal projects only. Other operations such as iron and lithium are excluded.

• Crosby is strategically positioned contiguous to the Pirquitas Mine property

• The northwest trending anticlinal structure that hosts Silver Standards Pirquitas Mine, passes through Centenera’s Crosby property

TSX.V: CT | www.centeneramining.com 15

Exploration Database

• Extensive exploration databases throughout northwest and central Argentina

• Includes portions of Jujuy, Salta, Catamarca, San Juan, San Luis, Mendoza and Chubut Provinces

• Data at Centenera’s disposal includes; • Historical reports from previous operators • Structural analysis and targeting reports from

key consultants • Regional Aster and Landsat alteration and

targeting reports from consultants • Newmont / Cardero regional BLEG sampling

results • Results of Cardero regional rock, stream, heavy

mineral concentrate, and channel sampling of target areas and more advanced projects

• Drill results from Cardero, Artha and historical operators

• Pipeline of projects for potential aquisition

Example of data coverage in northwest Argentina

TSX.V: CT | www.centeneramining.com 16

Corporate Structure & Shareholders

Issued and outstanding 56,342,964

Warrants 10,515,625

Options 3,775,000

Fully Diluted 70,633,589

Warrants Price

312,500 $0.12

9,500,000 $0.15

750,000 $0.18

Options Price

3,775,000 $0.25

Cardero Resource Corp.

42%

K.F. Business Ventures

19%

Float 31%

Major Shareholders by Percentage Ownership

Share Price & Volume Share Structure

TSX.V: CT | www.centeneramining.com 17

Board of Directors

Keith Henderson, President & CEO

• 23 years' experience throughout Africa, Europe, and North and South America.

• Educated in Europe with B.Sc. (Hons) and M.Sc. in geology. • Worked with Anglo American Exploration in Europe and North

America. • Joined Cardero in 2007 with critical role in advancing the

Pampa de Pongo through to ultimate sale for US$100 M. • Keith is currently a director at Desert Star Resources & Gold,

and Remo Resources.

Henk van Alphen, Director

• Mining executive with 35 years experience. • Founder of Pacific Rim and Cardero Resource Corp; long

history of project spin-outs and value-creation with early involvement in Trevali Mining, ITH Mines, Balmoral Resources and others.

• Track record in converting projects to investor returns. • Highly experienced in South America (Peru and Argentina). • Acquired Peru iron deposit for $0.5M and sold for $100M

cash. • Henk is currently President & CEO of Cardero Resource Corp,

Wealth Minerals and a director at Ethos Gold Corp.

Charles Straw, Director • An economic geologist with 18 years in the mining industry

globally. • He holds an honours degree in applied geology from

University of NSW in Sydney. • Lead the exploration and evaluation of precious and base

metals projects in Australia, North & South America, China. • He is currently a Director and CEO of ASX listed Silver Mines

Limited.

Anne Labelle, Director • Anne is a geologist and a lawyer, currently Vice-President Legal

and Sustainability for Midas Gold Corp. • Later, practiced securities law at Gowling Lafleur Henderson

LLP before returning to the mining industry in 2008. • A graduate of Carleton University, with a B.Sc. (Hons) in

Geology, obtained her law degree at the University of British Columbia.

Stephen Pearce, Director • Practicing lawyer, specializing in corporate and securities work. • Director & officer of several resource-related public

companies. • Law degree from UBC and economics degree from York

University.

TSX.V: CT | www.centeneramining.com 18

Centenera Mining Corporation 2300-1177 West Hastings Street Vancouver, BC, V6E 2K3 Phone: 604-638-3456 E-mail: [email protected]