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 second area for drill testing in 2022.This discovery adds...
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
Highlights:Sanatana and ArcWest have confirmed the presence of at least two Cu-Au porphyry targets in the 31,077 hectare Oweegee Dome project in the initial exploration that started in August 2021.Geological mapping and sampling and geophysical surveys are focused on defining the Cu-Au porphyry drill targets for the planned 2022 field season.3-D IP/RES ground geophysical survey commenced and field work completed over primary target on August 25.Mapping and sampling confirm Cu-Au porphyry potential of untested Malloy zone of the large 2km...
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 CompanySanatana Resources Inc. is a mineral exploration and development company focused on high-impact properties in Canada and the Western Pacific. With an award-winning technical team...
2021-08-13 9:48 PM EDT
Sanatana's Scout Drilling Reveals Continuous Gold-Bearing Structure North Shaft Prospect, Gold Rush Project, Timmins Ontario
Highlights:Anomalous gold encountered in a shear hosted quartz vein.Consistent 1m to 5m of >0.5 g/t gold in all but one of the seven holes drilled to test this structure.Best assays include 6.35 g/t over 0.75m at surface, 2.45 g/t 55-56m in NS-21-04 and 2.08 g/t 54-55m in NS-21-05.First persistent mineralization ever discovered on the property.Drilling has shown 150m in strike 100m depth, open in all directions.Mineralization shows a Ag,Bi,Mo,Te and W , "Kirkland Lake" type element association.Vancouver, British Columbia--(Newsfile Corp....
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
Highlights:Sanatana has signed an agreement to option up to 80% of ArcWest's Oweegee Dome porphyry copper-gold project. 2021 exploration expected to commence shortly.Exploration program to include geological mapping, geochemical sampling, geophysics and a first phase diamond drilling program.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...
2021-07-21 11:11 AM EDT
Sanatana Gold Rush Project - Initial Assay Results Return 2m @ 2.22g/t Au
Highlights:3,113m completed in 23 holes on seven separate prospectsReporting on the first four holes with remaining six prospect results expected over next four to six weeks.All holes encountered quartz veins hosted in shear zones, potentially hosting goldAssays have been returned from the first prospect, "North Vein" with 2m at 2.24 g/t Au reportedVancouver, 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...
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 Sanatana. Tom's background in mining exploration, development and...
2021-04-30 12:43 PM EDT
Second Update on Sanatana's Drill Program at Gold Rush Project, Timmins, Ontario
Highlights Seven NQ size holes and two AQ size hole completed on the North Shaft prospect. Brittle ductile shear zone with quartz veins intersected in all holes The main zone widens at depth, strikes for at least 200m and is open in all directions Core samples sent for assay Drill now targeting Elora prospect, an EM anomaly.Vancouver, British Columbia--(Newsfile...
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 deposits.Mr. Peter Miles, CEO of Sanatana commented, "We are...
2021-04-19 8:30 AM EDT
Update on Sanatana's Drill Program at Gold Rush Project, Timmins, Ontario
HighlightsFour holes completed in North Vein areaAll holes intersected quartz veins, alteration and sulphidesCore samples sent for assayDrill now targeting North Shaft prospect. 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...
2021-04-14 11:58 AM EDT
Sanatana Receives Drilling Permits and Begins Mobilization of Drill at the Gold Rush Project, Timmins, Ontario
Highlights:Received drill permits for its Gold Rush ProjectSigned drilling contract with G4 Drilling Canada Ltd.Drilling to commence immediately with a 3,000 metre programVancouver, 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...
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
HighlightsHeadline 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...
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 conductors between the two prospects have added drill targets.Further line cutting is underway over other...
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 systems...
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 4,800,000 FT Units...
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 January 12, 2016, (the "Purchase Agreement")...
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. Each FT Unit...
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
Sanatana Acquires Letter of Intent over 188 Km Sq Sutakiki Copper and Gold Project, Solomon Islands
Highlights:Solomon Islands Ministry of Mining grant a letter of intent over the 188 km sq Sutakiki mineral tenure, situated on the Island of Guadalcanal, Solomon Islands, 40km from the capital of Honiara and 7km from the >4m oz Au Gold Ridge mine. The property is considered prospective for copper gold porphyry-style mineralization.Previous work included results of up to 51m at 6.52 g/t gold in a skarn, and 354m of 0.13% Cu and 0.5 g/t Au in porphyry-style mineralization.The Sutakiki project...
2020-12-01 8:45 AM EST
Sanatana Samples up to 27.3 G/t Gold & up to 53.5 G/t Silver, Identifies Numerous Gold-bearing Vein Systems in Timmins Gold Rush Project
Highlights:First-pass surface sampling and prospecting has identified numerous gold bearing and gold/silver bearing quartz vein systems on the Gold Rush property. Best result was a grab sample of 27.3 g/t Au from a brittle ductile shear at the North Shaft prospect. Best results from other prospects were 11.2 g/t Au @ North Vein, 8.41g/t Au @ DC and 5.06 g/t Au at Staten DC is a newly discovered gold bearing quartz vein systemThe quartz vein systems in general show a...
2020-11-19 8:46 AM EST