Sanatana Resources Inc said it is advancing its exploration program at the Oweegee copper-gold project in the Golden Triangle region of British Columbia.
The Oweegee Dome project is the subject of an option agreement between Sanatana and ArcWest Exploration Inc.
Sanatana said assays have been received from a sampling program conducted in the third and fourth quarters of 2021. A total of 220 grab samples from outcrop or nearby float derived from outcrops were taken while our geological crews systematically mapped from east to west over the Delta prospect.
READ: Sanatana announces discovery of new copper-bearing zone at its Oweegee Dome project and provides exploration update
The purpose of the sampling was to assist in alteration mapping and to give alteration/ element vectors. The company noted the samples were not necessarily well mineralized.
Of the grab samples, 18 assayed over 0.1 grams per ton (g/t) gold (Au) and 6 over 0.5 g/t Au, with the highest value being 3.82 g/t Au, and 12 assayed with greater than 0.1% copper (Cu) the highest assaying 1.09% Cu with seven over 0.5% Cu. The higher Cu and Au values cluster around the previously reported Molloy Zone.
"Our initial interest in the Oweegee property was triggered by its Golden Triangle address and the phyllic alteration which was unusually elevated in copper and gold at Delta ridge,” said Buddy Doyle, president of Sanatana, in a statement.
“This area had been previously drilled by 16 shallow holes looking for an Eskay Creek type VMS. The best intercept from historic work was 86.3 meters of 0.10% Cu and 0.228 g/t Au. Sanatana interprets this to be possibly the top of a yet-to-be-unroofed copper/gold porphyry system with better grades at depth or laterally to this historic drilling.”
Doyle added: "It is very pleasing to see this summer's field work has reinforced and strengthened this concept including the identification of numerous diorite intrusives and breccias on the ridge and moreover the recognition and sampling of the Molloy zone, northwest of the ridge. We believe that the Molloy Zone represents a daylighting shoulder of a larger copper-gold mineralized system that has never been drill tested."
Sanatana said this year's work showed Molloy zone is defined by 15 samples averaging 0.34% Cu 0.829 g/t Au and 4.15 g/t Ag over 145m of strike and 42m at its widest point.
The company said: “The outcrop becomes obscured to the southwest along strike by talus and alpine heather which is underlain by anomalous copper-gold values in soils. Looking at the higher-grade samples, 11 from Molloy averaged 0.44% Cu 1.13 g/t Au and 5.54 g/t Ag across 125 metres of strike and 22 metres at its widest point. The best sample was 1.09% Cu, 3.8 g/t Au and 15.25 g/t Ag from sample 420022. The Molloy Zone is flanked by a strong 400 by 400 metre Cu-Au soil anomaly where assays returned up to 0.1% Cu and 0.9 g/t Au in soil.”
Sanatana CEO Peter Miles noted: "Our 2021 exploration success at Oweegee combined with industry and investor interest focused on the Golden Triangle of British Columbia, highlighted by Newcrest Mining's recent $3.5 billion takeover of Sanatana's neighbor Pretium, should provide an exciting 2022 for Sanatana shareholders."
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