Sanatana Resources Inc (CVE:STA) (OTCMKTS:SADMF) has reported promising results from its just completed first pass scout drill program on the Gold Rush project, located 25 kilometres (km) west of Timmins in Ontario.
The Vancouver-based mineral exploration and development company said a total of 23 holes NQ diameter (3,113 metres) were completed on seven separate prospects. “All holes intersected quartz veins, alteration and sulphides,” said the company.
In a statement, Sanatana President Buddy Doyle said: "The scout drilling program was initiated to gain a rapid understanding of the type and styles of mineralization on the Gold Rush property. Every drill hole encountered shear zones hosting quartz veins with varying amounts of sulphides.
“The assay results will determine which prospects to focus further work on. Additionally, the results will help us to understand what are the main controls of the mineralization at the Gold Rush Project.”
READ: Sanatana Resources completes nine holes at North Shaft prospect at Gold Rush
Doyle added that while the company waits for more assays, work continues towards “further prospecting of outcrop aided by recently acquired aerial photography."
“Assays have been returned for the North Vein prospect and we report a 2.22g/t Au interval in Drill hole NV-2021-03, 2m from 51m to 53m,” said the company. The interval was hosted by a quartz vein and no significant assays are reported from the other holes.
The company said more drilling would be required to determine if this zone connects to the North Vein surface showing. To the east the zone is cut-off by a diabase, drilling on the eastern side of this diabase did not detect gold, however, the company said there is “good potential” for the mineralized vein to continue to the west and at depth.
The firm noted that “all drill holes intersected zones of interest which include shear zones, quartz veins and sulphides” which have been sampled by diamond sawing “split NQ core at 1-metre intervals,” with half retained in a core box. All sampling includes 1-metre bracket samples at either end of each zone to obtain background geochemistry.
The company said that its samples were shipped by bonded freight to TSL Laboratories of Saskatoon in small batches.
Sanatana is focused on high-impact properties in Canada and the Western Pacific.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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