Sanatana Resources Inc V.STA

Alternate Symbol(s): SADMF

Metals & Mining Gold

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.

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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