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Sanatana Resources Inc V.STA

Alternate Symbol(s):  SADMF

Sanatana Resources Inc. is a mineral exploration and development company. The Company is engaged in the acquisition, exploration and development of exploration and evaluation assets. Its principal project is the Oweegee Dome copper-gold porphyry property. The Oweegee Dome copper-gold porphyry property is situated 40 km east of the KSM - Brucejack - Treaty Creek cluster of base and precious metal deposits and is underlain by similar geologic conditions, Stuhini Group (Tiassic age) host rocks, intrusions of the right age, alteration and porphyry style copper, gold, silver, and molybdenite mineralization. Its Santoy property is located on the northern shores of Lake Superior, 20 km east of Terrace Bay via Highway 17, Ontario, which covers an area of 551 hectares (1,362 acres) made up of 32 cell mining claims. Its Gold Rush Project is located 25 kilometers (km) west-northwest (WNW) of the city of Timmins, Ontario. Its other properties include Fortune and Empress.


TSXV:STA - Post by User

Bullboard Posts
Post by marvelmakeron Apr 05, 2016 5:03pm
114 Views
Post# 24733928

silly wild a$$ guess

silly wild a$$ guessall just speculation, but if I were Mr Miles the "Company has the ability required to identify, develop and fund economic mineral properties" as stated in the news release, there are alot of distressed mining companies out there with the managements connections to RIO Tinto and experience developing gold prospects - gold seems to be a safe haven commodity to focus on buying and developing. They wouldn`t buy up shares only to delist it.
Bullboard Posts