Sanatana Resources Inc V.STA

Alternate Symbol(s): SADMF

Metals & Mining Gold

Sanatana Resources Inc. is a mineral exploration and development company. Its projects include Oweegee Dome Project, Gold Rush Project, and Santoy Property. The Oweegee Dome Project is a Copper-Gold porphyry project beside the highway in British Columbia’s (BC’s) Golden Triangle. The Oweegee Dome Project is a 31,077-hectare (ha) project. The Gold Rush Project is located 25 kilometers (km) west-northwest (WNW) of the city of Timmins, Ontario, 11 km north north-west (NNW) of Pan American Silver’s Timmins West Mine. The property consists of two optioned blocks: the north block of 41 cells (875 Ha) situated in west-central Turnbull Township and the south block of 76 cells (1,525 Ha) situated in west-central Turnbull and Carscallen Townships. The Santoy property is located on the northern shores of Lake Superior, about 20 km east of Terrace Bay via Highway 17, Ontario and comprises 24 cell mining claims covering an area of about 446.5 ha. Its other properties include Fortune, and Empress.

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Sanatana Resources Inc

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Post by Betteryear2on Apr 22, 2022 6:32pm

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Post# 34625358

Sanatana Announces 2022 Exploration Program

A 5,000 m contract with Atlas Drilling has been signed and drilling will commence as soon as conditions allow, likely in later June
The initial target will be the Molloy Zone, a monzonite intrusion with porphyry-style quartz-chalcopyrite stockwork veins which averaged 0.35% Cu, 0.829 g/t Au and 4.15g/t Ag from 15 samples collected in 2021
Contracts secured with drilling, helicopter, geophysical and camp providers, fieldwork is scheduled to begin June 1, 2022
Sanatana has secured GeologicAI to assist with core logging by using infrared and x-ray scans to collected maximum information from drill core
Private placement announced to raise gross proceeds up to $2.7 million

Vancouver, British Columbia--(Newsfile Corp. - April 22, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has completed the majority of the preparations required to carry out the 2022 exploration program on its Oweegee Dome project ("Oweegee"). Sanatana also announces a private placement that is expected to raise gross proceeds up to $2.7 million which will be used to fund the upcoming drill program at Oweegee.

Sanatana Announces 2022 Exploration Program and Initial 5,000 Metre Drilling at Oweegee Cu-Au Project in BC's Golden Triangle and Private Placement