SECURITIES AND EXCHANGE COMMISSION

              Washington, D.C.  20549


                      FORM 8-K


               CURRENT REPORT

       Pursuant to Section 13 or 15(d) of 
       The Securities Exchange Act of 1934


Date of Report:        July 16, 1996                   


Exact name of registrant
as specified in its charter:  

          CENTURION MINES CORPORATION    


State or other jurisdiction 
of Incorporation: Utah

Commission File No. 0-17048

I.R.S. Employer I.D. No. 87-0429204

Address of principal executive 
offices including zip code:

           331 South Rio Grande, Suite 201
           Salt Lake City, Utah  84101                         

Registrant's telephone number, 
including area code: 801-534-1120

    -------------------- END OF PAGE 1 OF 3 ---------------------

ITEM 5.     OTHER EVENTS

The Registrant, Centurion Mines Corporation,
today announced that BHP Minerals, a unit
of The Broken Hill Proprietary Company Ltd.
(NYSE: BHP) has exercised its option to form
a joint venture on the 'Little Bingham'
copper/gold mining property 70 miles southwest
from Salt Lake City, and 14 miles west from
Eureka, Utah (USA).  The joint venture will
involve approximately 12,000 acres, and will
be directed towards exploration for a large
commercial porphyry type copper/gold deposit.
During the option period, which began in January,
1996, BHP performed extensive exploration, including
geochemical, geophysical and geologic surveys,
with favorable indications.

Under the terms of the joint venture, BHP may
elect to earn a 75% participating interest in the
project by paying all costs through completion of 
a positive production feasibility study, with periodic
cash payments, over five years, to Centurion.
After completion of the feasibility study, Centurion
may choose to maintain a working interest by paying
25% of costs, or may convert to a 15% net profits
royalty interest with all costs being paid by BHP.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

Index to Exhibits Required
by Item 601 of Regulation S-K.

Ex. No.  Page  Document Description 
- ------------------------------------------------------
19.1      3    Report Announcing BHP Joint Venture,
               disseminated July, 16, 1996, to stock-
               holders and other parties.


               SIGNATURES

Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

Dated: July 16, 1996

                    REGISTRANT:
                    CENTURION MINES CORPORATION



                    BY:   /s/ C M Chavez                       
                       ---------------------------               
                       Carlos M. Chavez, Secretary

       ------------------ END OF PAGE 2 OF 3 -------------------
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SECURITIES AND EXCHANGE COMMISSION

              Washington, D.C.  20549

                      FORM 8-K

               CURRENT REPORT

       Pursuant to Section 13 or 15(d) of 
       The Securities Exchange Act of 1934

Date of Report:        July 16, 1996                   

Exact name of registrant
as specified in its charter:  

          CENTURION MINES CORPORATION    

State or other jurisdiction 
of Incorporation: Utah

Commission File No. 0-17048

I.R.S. Employer I.D. No. 87-0429204

Address of principal executive 
offices including zip code:

           331 South Rio Grande, Suite 201
           Salt Lake City, Utah  84101                         

Registrant's telephone number, 
including area code: 801-534-1120

    -------------------- END OF PAGE 1 OF 3 ---------------------

ITEM 5.     OTHER EVENTS

The Registrant, Centurion Mines Corporation,
today announced that BHP Minerals, a unit
of The Broken Hill Proprietary Company Ltd.
(NYSE: BHP) has exercised its option to form
a joint venture on the 'Little Bingham'
copper/gold mining property 70 miles southwest
from Salt Lake City, and 14 miles west from
Eureka, Utah (USA).  The joint venture will
involve approximately 12,000 acres, and will
be directed towards exploration for a large
commercial porphyry type copper/gold deposit.
During the option period, which began in January,
1996, BHP performed extensive exploration, including
geochemical, geophysical and geologic surveys,
with favorable indications.

Under the terms of the joint venture, BHP may
elect to earn a 75% participating interest in the
project by paying all costs through completion of 
a positive production feasibility study, with periodic
cash payments, over five years, to Centurion.
After completion of the feasibility study, Centurion
may choose to maintain a working interest by paying
25% of costs, or may convert to a 15% net profits
royalty interest with all costs being paid by BHP.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

Index to Exhibits Required
by Item 601 of Regulation S-K.

Ex. No.  Page  Document Description 
- ------------------------------------------------------
19.1      3    Report Announcing BHP Joint Venture,
               disseminated July, 16, 1996, to stock-
               holders and other parties.

               SIGNATURES

Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

Dated: July 16, 1996

                    REGISTRANT:
                    CENTURION MINES CORPORATION

                    BY:   /s/ C M Chavez                       
                       ---------------------------               
                       Carlos M. Chavez, Secretary

       ------------------ END OF PAGE 2 OF 3 -------------------