Bigjohn37

Hi bigjohn, hope all is well.

I am not familiar with the track record of the new VP Geology. However, I really like Century`s approach. Century`s focused has always been on at least somewhat medium stage ore bodies but primarily advanced stage projects. Mr Daniels` skillsets appear to be ideal for the job. He not only brings exploration expertise, but he also has experience with mine modeling, economic resource estimation and project evaluation. These are skills that can help us with both maximizing our existing properties and evaluating projects for external growth (once we reach that stage).

His top priority is our Lamaque complex. However, after he looks at Lamaque he will also be assessing our existing properties surrounding Lamaque (outside of the complex). The land package is large and there are a number of good exloration areas on those properties as well (with good historical exploration drill holes already).

He will also be performing assessments on our other properties as well, perhaps including our NWT property (with its 15 km strike length) and our 8 (Juneau area)Alaskan properties.

Of course, he will be looking at San Juan also. Here is a comment from Century (May 14`10 NR):

``The San Juan project has the opportunity to create a major mining district based on the results of previous exploration work.``

It sounds like Century`s geologists (maybe even Mr. Daniels) are liking the potential at San Juan.

I have always felt that our San Juan project has been severely under appreciated by the market. Off the top of my head, here are only 3 reasons for the lack of appreciation (IMO):

1) SJ is a small scale producer
2) The market`s misunderstanding of SJ`s narrow veins
3) No porphyry stockwork resource profile delineated as yet

I am not sure how many people realize this but SJ has produced well over 1 million ounces of gold historically (including estimates from the periods of poor record keeping). Yet, there have only been 51 drill holes (ever) made on the entire project. That`s probably unheard of for any million ounce producing property anywhere in the entire world.

The SJ veins successfully mined historically have typically been between 10 to 80 cm range. Of note, 100 cm equals 1 meter (I believe). SJ veins fall into the category of high grade, narrow veins, but that doesn`t mean it can`t be hugely productive. We are also going into a new phase of mining equipment efficiency, with the new low profile equipment now being utilized elsewhere, to mine narrow veins. As SJ grows (and becomes larger scale) there may be a cost/benefit advantage down the road to purchase new low profile equipment for the SJ operation (especially with mining the primary veins). We also shouldn`t forget about bringing electrical power to SJ. This will make the operation much more efficient also. The power line is currently only 15 km away. It must have gotten closer or something. It was 20 km away just a couple of years ago. Good to see progress (potentially). I read an article in March which stated that Century is trying to convince the Peru government to split the cost of bring the power to SJ. I think that`s only fair, as Peru citizens along the way can tap into the power lines also - everyone benefits. However, I don`t know if the gov`t agrees or not.


The SJ project has 2 primary types of ore bodies:

1) Vein systems (typically high grade, narrow veins)

2) Porphyry stockwork systems (my guess is that the grade only needs to be in the 1 g/t to 2 g/t range, or maybe even below 1 g/t, to be economical because it will likely be mined with some sort of bulk mining approach or maybe a low grade high tonnage approach)


The SJ part of the project has a swarm vein system, with about 25 - 30 known veins (and counting). There are 2 primary veins (SJ and Mercedes) that have accounted for most of the production, but there are other veins in production also. The SJ part of the property (with the SJ swarm vein system) is only a relatively small part of the total SJ project land package.

Veta Clara is another vein system, located about 5 km away from the milling operation. Veta Clara has about 7 or 8 veins, and, at least one (maybe more) of those veins are now in production currently.

Santa Clarita is another prospect also. I think it might have both vein potential and stockwork potential (although I am not fully clear or at least I don`t fully remember). No drill holes as yet though, therefore it`s not something we should rely on at this time. What is interesting though is that it is located next to Veta Clara and we know that Veta Clara is producing gold.

We already know about the potential of Erika perhaps turning into porphyry copper system - again, no drill holes as yet.

Century has looked at Champune a few different ways in the past. They believe they finally understand the structure, and they now believe they have a firm handle on where the gold might be located. ``Stockworkin granodiorite intruded by andesitic dykes containing gold adjacent to the margin of the dykes`` I have breifly read about somewhat similar deposits like this. The theory might be somewhat common. However, at this point it is only a theory with regards to Champune. There has been on drill holes thus far. As such, it still has to be proven.

Lily-La Huaca has potential also. I think it`s a vein system. I think they have very little data on it though - far less data than even the other properties in the SJ land package. Naturally, no drill holes thus far.

One important note about the SJ veins (especially the primary producing veins - SJ and Mercedes): Examination of the veins determined that the veins appear to be mesothermal in nature and therefore can be expected to continue at far greater depth that is currently being mined at this time. Apparently, mesothermal type veins, like our SJ veins, typically go very deep, not just in Peru but in locations in other places around the world.

Hopefully Mr. Daniels can use his expertise to maximize all of these opportunities for Century shareholders.

With regards to the AGM, I will not be attending. As a side note, it has been moved back to Vancouver (just in case anyone had scheduled to attend it in Toronto).