Sanatana Announces Private Placement for up to $500,000 in Gross Proceeds
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") is pleased to announce a non-brokered private placement of up to 5,000,000 flow-through units of the Company (the "FT Units") for aggregate gross process of up to $500,000 and priced at $0.10 per FT Unit (the "Private Placement").Each FT Unit will consist of one common share (a "Share") which will be designated as a flow-through share (a "FT Share") pursuant to the...
2022-12-21 6:44 PM EST
Sanatana Reports Best Intercept to Date at Oweegee Dome Copper-Gold Porphyry Project, Golden Triangle BC
112.18 m grading 0.17% Cu, 0.22 g/t Au, 1.10 g/t Ag from 58.4 m depth. Includes these higher-grade zones:12 m grading 0.40% Cu, 0.35 g/t Au, 2.10 g/t Ag from 77 m depth12.47 m grading 0.40 % Cu, 0.39 g/t Au, 1.34 g/t Ag from 157 m depthHigh-level porphyry style copper-gold mineralization confirmed in drill hole OW2022-08Epithermal gold 4.32m grading 1.93g/t Au, 32.0g/t, Ag, 11.9g/t Te from 34.0m depth. Includes 2.1m grading 3.48g/t Au, 60.8g/t Ag, 46.2g/t Te from...
2022-12-19 9:10 AM EST
Oweegee Dome Copper-Gold Porphyry Project, Golden Triangle BC IP Geophysical Anomalies Present Compelling Follow-up Targets
Approximately 8 line-kilometres of IP completed between July and late September 2022.Results have discovered four new high priority targets.IP when combined with soil geochemistry is an effective technique for discovery of porphyry systems.Initial drill results expected imminently.Vancouver, British Columbia--(Newsfile Corp. - December 12, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company")) is pleased to provide an exploration update on its 2022 IP program at the Oweegee Dome copper-gold (Cu-Au) porphyry project located beside pavement and power in...
2022-12-12 8:40 AM EST
Sanatana Provides Gold Rush Project Update
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana") has renegotiated the terms of the 2022 option payment for its Gold Rush North property. Sanatana will now pay $22,500 in cash and issue 130,000 common shares of the Company (the "Gold Rush North Option Share Issuance"). Under the terms of the original option agreement, Sanatana was to pay $40,000 in cash and issue common shares of the Company with a value of $40,000 based...
2022-09-30 4:45 PM EDT
Sanatana Provides Exploration Update Oweegee Dome Copper-Gold Porphyry Project, Golden Triangle BC
• Twelve holes totalling 3,679m completed• Copper mineralization observed in eight holes• Area of copper mineralization significantly expanded at Delta prospect• Mineralization hosted in hydrothermal intrusive breccias• Consistent with being in the upper parts of...
2022-08-25 12:55 PM EDT
Sanatana Prepared for Drilling at Triassic Age Oweegee Copper-Gold Porphyry Project, Golden Triangle BC
Drill rig arrived June 29, coring scheduled to start July 1Camp construction complete219 Ma age returned from Cu-Au bearing Molloy monzonite Three drill pads installedLow elevation sampling completed in unexplored areaNew copper-bearing altered intrusion discovered 1,000m away from Molloy monzonite ASTER survey highlights classic porphyry mineralogical signature around Molloy zoneVancouver, British Columbia--(Newsfile Corp. - June 29, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana") has successfully started its the 2022 field program at the Oweegee copper-gold (Cu-Au) porphyry project located...
2022-06-29 2:05 PM EDT
Sanatana Completes Purchase of Ontario Gold Exploration Property
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has completed the purchase of a gold exploration property in Ontario, as described in the Company's news release dated June 3, 2022. The Company has received TSX Venture Exchange approval for the underlying purchase agreement.Sanatana acquired a 100% interest in the Enid property, which comprises 41 mineral claims, in the Timmins, Ontario region. The Company paid cash of $10,000; issued 30,000 common...
2022-06-20 10:00 AM EDT
Sanatana Announces Change of Auditor
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has changed its auditor from BDO Canada LLP ("Former Auditor") to Davidson & Company LLP ("Successor Auditor") effective June 13, 2022.Sanatana's board of directors accepted the resignation of the Former Auditor and appointed the Successor Auditor as the new auditor of the Company effective June 13, 2022, and to hold office until the close of the Company's next annual general meeting of...
2022-06-13 7:25 PM EDT
Sanatana Awards Stock Options
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has granted incentive stock options to directors, officers, employees and contractors of the Company to purchase up to 2,550,000 common shares of the Company at a price of $0.20 per share. The stock options are exercisable on or before June 6, 2027 and vest in stages with 25% vesting immediately and the remainder to vest 25% every six months from the grant...
2022-06-06 7:54 PM EDT
Sanatana Signs Agreement to Acquire Ontario Gold Exploration Property
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has entered into an agreement (the "Agreement") with Robert Laviolette and John der Weduwen (the "Vendors"), arm's length parties to Sanatana, to acquire a gold exploration property in Ontario. Pursuant to the Agreement, Sanatana will acquire a 100% interest in the Enid property in the Timmins, Ontario region. The property comprises 41 mineral claims. The Company will pay cash of $10,000; 30,000...
2022-06-03 6:28 PM EDT
Sanatana Commences 2022 Exploration Program and Closes Second Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company"), further to its news releases of April 22, 2022 and May 12, 2022, has closed the second tranche of its non-brokered private placement (the "Private Placement"). The second tranche consisted of 2,070,000 units of the Company (the "Units") at a price of $0.15 per Unit for gross aggregate proceeds of $310,500.Peter Miles, Sanatana's CEO commented, "We are mobilizing to Bell 2 Lodge...
2022-06-02 8:45 AM EDT
Sanatana Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") is pleased to announce, further to its news release of April 22, 2022, that it has closed a first tranche of its non-brokered private placement (the "Private Placement"). The first tranche consisted of 13,766,667 units of the Company (the "Units") at a price of $0.15 per Unit for gross aggregate proceeds of approximately $2,065,000.Each Unit issued in the first tranche consisted...
2022-05-12 4:27 PM EDT
Sanatana Retains Jeff Kyba as BC Exploration Manager
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana") has retained Jeff Kyba as BC Exploration Manager, with an initial focus on the Company's Oweegee Dome property in BC's Golden Triangle. Mr. Kyba earned a degree in Earth and Ocean Science from the University of Victoria in 2007. Various field appointments with junior and mid-tier companies and the BC Geological Survey led him throughout British Columbia and Australia. His experience spans grassroots exploration to...
2022-04-27 2:34 PM EDT
ArcWest Exploration and Sanatana Resources Close Year One Obligations Under Earn-In Agreement for the Oweegee Dome Porphyry Copper-Gold Project in British Columbia's Golden Triangle
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2022) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana") and ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest") are pleased to announce the completion of Sanatana's year one obligations (the "Year One Obligations") under the earn-in agreement between ArcWest and Sanatana (the "Earn-In Agreement") to explore ArcWest's Oweegee Dome porphyry copper-gold project in British Columbia's Golden Triangle (the "Oweegee Project").Pursuant to the Earn-In Agreement, Sanatana can earn an initial 60% interest (the "First Option") in the...
2022-04-26 8:30 AM EDT
Sanatana Announces 2022 Exploration Program and Initial 5,000 Metre Drilling at Oweegee Cu-Au Project in BC's Golden Triangle and Private Placement
A 5,000 m contract with Atlas Drilling has been signed and drilling will commence as soon as conditions allow, likely in later JuneThe 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 2021Contracts 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...
2022-04-22 2:40 PM EDT
Sanatana Announces Private Placement with Teuton Resources
Highlights:Teuton Resources Corp. (TSXV: TUO), the project generator behind the approximately $560 million Treaty Creek project, has agreed to subscribe for a $600,000 private placement ("PP") in Sanatana.The PP will consist of 4,000,000 units priced at $0.15 per unit comprising one share and one-half of a share purchase warrant exercisable at $0.20 for two years.The evaluation of Oweegee and the investment by Teuton provides a strong endorsement of Sanatana's Oweegee Dome project.Vancouver, British Columbia--(Newsfile Corp. - March 1, 2022) -...
2022-03-01 8:45 AM EST
Sanatana Reports First Copper Results from the Tarn Zone, Oweegee Copper-Gold Project, Golden Triangle, BC
Highlights:The Tarn Zone, in the eastern part of the Skowill prospect, was reported to have copper mineralization in our September 16, 2021 news release. This has been confirmed by assay with the best sample returning 0.438% copper ("Cu") and 5.72% zinc ("Zn").New airborne magnetic data shows the Tarn zone is coincident with a prominent magnetic high, shaped like a tadpole, these samples coming from the head and with the tail coinciding with a gossanous ridge. The geophysical survey also highlighted...
2022-01-26 8:30 AM EST
Sanatana Reports Strong Results on Its Oweegee Copper-Gold Project, Golden Triangle, BC and Provides Exploration Update
Highlights:The Molloy Zone has been identified as a distinct intrusive phase which hosts strong copper-gold porphyry style mineralization; sample 420022 returned the best values of 1.09% Cu, 3.8 g/t Au and 15.25 g/t Ag.The Molloy zone measures 42 metres at its widest point and 145 metres along strike until being concealed by talus and alpine heather to the southwest; 15 grab samples across this area averaged 0.34% Cu 0.829 g/t Au and 4.15 g/t Ag.The Molloy Zone alteration assemblage is...
2021-12-07 9:08 AM EST
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...
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' of capital markets and corporate finance expertise. She is...
2021-09-28 8:45 AM EDT