Published: July 05, 2011

Centurion Announces Options Grant

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Centurion Minerals Ltd. (TSX VENTURE: CTN) ("Centurion" or "the Company") announces that, in accordance with the Company's Stock Option Plan, it has granted to certain geological consultants and employees incentive stock options to purchase up to an aggregate of 125,000 common shares exercisable on or before July 5, 2016 at a price of $0.80 per share.

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.