Sanatana Awards Stock Options
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2021) - Sanatana Resources Inc. (TSXV: STA) The Company has granted incentive stock options to a director and a contractor of the Company to purchase up to 600,000 common shares of the Company at a price of $0.16 per share. The stock options are exercisable on or before October 28, 2026 and vest in stages with 25% vesting immediately and the remainder to vest 25% every six months from the date of the grant. Of the options granted,...
2021-10-28 8:45 AM EDT
Sanatana Appoints New Director
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2021) - Peter Miles, President and CEO of Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") is pleased to welcome Rose Zanic, CPA, CA to Sanatana's board of directors. Peter Miles, President and CEO, commented "Rose's background in corporate finance complements the current board's skill set. She will chair the audit committee and further enhance Sanatana's corporate governance practices." Ms. Zanic has over 25 years'...
2021-09-28 8:45 AM EDT
Sanatana Announces Discovery of New Copper-Bearing Zone at its Oweegee Dome Project and Provides Exploration Update
Highlights: Sanatana and ArcWest announce discovery of quartz-magnetite-specular hematite-chalcopyrite veining at the Skowill prospect, now named the Tarn zone. The Tarn zone is coincident with a 500m magnetic high, truncated on the north edge of the existing airborne magnetic survey. An airborne survey designed to complete coverage of the Skowill prospect with magnetics, EM and radiometrics is under way. The discovery of the Tarn zone greatly upgrades the Skowill prospect which now forms a...
2021-09-16 10:18 AM EDT
Sanatana Commences Exploration at its Newly Optioned Oweegee Dome Porphyry Copper-Gold Project in British Columbia's Golden Triangle
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2021) - Sanatana Resources. (TSXV: STA) ("San
2021-08-31 8:49 AM EDT
Sanatana Resources Announces Resignation of Director
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2021) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") announces the resignation of Darcy Will, who has served as a member of its board of directors since July 2014. Sanatana's board and management thank Mr. Will for his years of service and wish him well. About the Company Sanatana Resources Inc. is a mineral exploration and development company focused on high-impact properties in Canada and the Western Pacific....
2021-08-13 9:48 PM EDT
Sanatana's Scout Drilling Reveals Continuous Gold-Bearing Structure North Shaft Prospect, Gold Rush Project, Timmins Ontario
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2021) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Compan
2021-08-09 8:30 AM EDT
Sanatana and ArcWest Sign Option Agreement for the Oweegee Dome Porphyry Copper-Gold Project, Located in BC's Golden Triangle
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has entered into an agreement with ArcWest Exploration Ltd. ("ArcWest") (TSXV: AWX) to option up to 80% of ArcWest's Oweegee Dome porphyry copper-gold project (the "Property" or "Oweegee Dome") in British Columbia's Golden Triangle. ArcWest's 1
2021-07-21 11:11 AM EDT
Sanatana Gold Rush Project - Initial Assay Results Return 2m @ 2.22g/t Au
Vancouver, British Columbia--(Newsfile Corp. - June 16, 2021) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has completed its first pass scout drill program on the Gold Rush project, located 25km west of Timmins. A total of 23 holes NQ diameter (3,113m) were completed on seven separate prosp
2021-06-16 8:44 AM EDT
Sanatana Appoints Tom Obradovich to the Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2021) - Sanatana Resources. (TSXV: STA) ("Sanatana" or the "Company") has appointed Tom Obradovich to the board of directors. Mr. Obradovich has extensive experience in mining exploration, development and financing and he is a graduate of the Haileybury School of Mines in Mining Technology and Advanced Field Geophysics. Peter Miles, Sanatana's CEO commented, "We are delighted that Tom Obradovich has accepted a board position with...
2021-04-30 12:43 PM EDT
Second Update on Sanatana's Drill Program at Gold Rush Project, Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2021) - Sanatana Resources. (TSXV: STA) ("Sanatana" or the "Company") has completed nine holes (1,075 m) on the North Shaft prospect situated on its 2,353 hectare Gold Rush project, located 25km west of the Timmins. All holes intersected
2021-04-29 8:30 AM EDT
Sanatana Signs Letter of Intent with ArcWest Exploration Inc. to Negotiate an Earn-in and Joint Venture Agreement on the Oweegee Dome Porphyry Cu-Au Project in BC's Golden Triangle
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2021) - Sanatana Resources. (TSXV: STA) ("Sanatana" or the "Company") has entered into a non-binding letter of intent with ArcWest Exploration Inc. (TSX-V: AWX) ("ArcWest") to negotiate an earn-in and joint venture agreement on ArcWest's Oweegee Dome porphyry copper-gold (Cu-Au) project, located in BC's Golden Triangle. ArcWest's 100% owned Oweegee Dome project is located 45 km east of Seabridge Gold's KSM-Iron Cap porphyry Cu-Au...
2021-04-19 8:30 AM EDT
Update on Sanatana's Drill Program at Gold Rush Project, Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - Sanatana Resources. (TSXV: STA) ("Sanatana" or the "Company") is pleased to announce that G4 Drilling has completed four holes (561 m) on its 2,353 hectare Gold Rush project, located 25km west of the Timmins. All holes intersected quartz veins, alteration and sulphides. Peter Miles, Sanatana's CEO commented "Sanatana remains well financed with approximately $3.8 million in cash. We are pleased that de
2021-04-14 11:58 AM EDT
Sanatana Receives Drilling Permits and Begins Mobilization of Drill at the Gold Rush Project, Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2021) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has received final drilling permits and signed a contract with G4 Drilling Canada Ltd. to immediately commence a 3,000m drilling program on the Gold Rush project, 25 km west of Timmins. This drill program will target eight different areas of the property identified in previous work as prospective for gold mineralization. Peter Miles, CEO, states, "After delays due
2021-03-25 8:30 AM EDT
Sanatana Channel Samples Return 4.6 g/t Au over 1.7 m from Gold Rush Project, Timmins, Ontario
Highlights Headline assay of 4.6 g/t Au / 1.7 m consists of two adjacent and continuous channel samples of 6.35g/t Au over 0.75 m and 3.27 g/t over 0.93m. Stripping uncovered two gold-bearing zones at the North Shaft prospect. The Eastern zone is a new discovery that trends 125° azimuth (ESE) for over 100m with assays from trace to 6.35 g/t Au over 0.75 m. The Western Zone trends 260° (west) for 70 m and includes a 27.3 g/t grab sample (reported earlier) and a channel sample of 1.94 g/t Au...
2021-03-15 8:30 AM EDT
Sanatana Reports on Gold Rush Project Geophysical Surveys
Highlights: Sanatana is planning a drill program to commence in March 2021 assuming COVID-19 protocols permit. Airborne drone magnetic survey completed at 50m spacing over the whole project. Magnetic data reveals three known gold prospects occur on N-S structures, on 340 degree trending NW-SE structures, or their intersection points. IP/Resistivity and CSAMT geophysical orientation surveys completed over North Shaft and North Vein prospects. Both prospects "light-up" as conductors, and new...
2021-02-03 8:45 AM EST
Sanatana Provides Exploration Update on Its Timmins Gold Rush Project
Highlights: Initial surface sampling and prospecting programs were completed in November 2020. This work identified numerous gold-bearing and gold/silver-bearing quartz vein systems on the Gold Rush property. Best gold result was from a grab sample of 59.2 g/t from a brittle ductile shear at the DeSantis prospect. Best gold results from other prospects were 27.3 g/t @ North Shaft, 11.2 g/t @ North Vein, 8.41g/t @ DC, 6.45 g/t @ Leduc, 5.06 g/t at Staten, and 3.54g/t @ Leduc. The quartz vein...
2021-01-13 9:06 AM EST
Sanatana Closes Final Tranche of $1.2 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2020) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") is pleased to announce that it has completed the second and final tranche of its non-brokered private placement of flow-through units of the Company (the "FT Units") previously announced on December 3, 2020 (the "Private Placement") and, together with the first tranche closing of the Private Placement announced by the Company on December 10, 2020, a total of...
2020-12-17 7:21 PM EST
Sanatana Completes Sale of the Watershed Royalty
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2020) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has closed of the sale of its 1% net smelter returns royalty (the "Watershed Royalty") that was announced on September 29, 2020 to Ely Gold Royalties Inc. ("Ely Gold"). The Watershed Royalty was granted to Sanatana in connection with an Asset Purchase Agreement between the Company and Trelawney Augen Acquisition Corp., now IAMGOLD Corporation ("IAMGOLD"), dated...
2020-12-11 11:23 AM EST
Sanatana Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2020) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") is pleased to announce that it has completed the first tranche of its non-brokered private placement of flow-through units of the Company (the "FT Units") previously announced on December 3, 2020 (the "Private Placement"). In this closing, Sanatana issued an aggregate 3,000,000 FT Units, at a price of $0.25 per FT Unit, for aggregate gross proceeds of $750,000....
2020-12-10 5:21 PM EST
Sanatana Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2020) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has arranged a non-brokered private placement of up to 5,000,000 flow-through units (the "FT Units") at $0.25 per FT Unit for gross proceeds of up to $1,250,000 (the "Offering"). Each FT Unit will consist of one flow-through common share in the capital of the Company (a "FT Share"), and one-half of one share purchase warrant (each whole warrant, a "Warrant")....
2020-12-03 8:29 PM EST