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Mining

Sanatana Resources initiates 5,000 metre drill program at its Oweegee copper-gold project in British Columbia's Golden Triangle

A recently completed ASTER survey indicated the Molloy zone could be the centre of a copper-gold porphyry

Sanatana Resources Inc announced it has kicked off its field program at the Oweegee copper-gold project in British Columbia’s Golden Triangle.

The Canadian junior resource company is planning to drill 5,000 metres on the porphyry project, following a recently-completed ASTER survey that indicated the Molloy zone could be the centre of a copper-gold porphyry.

The drill rig is scheduled to arrive at the end of June, and coring is slated to begin on July 1, Sanatana said in a statement.

READ: Sanatana Resources kicks off 2022 exploration program and closes second tranche of private placement

"Months of preparation are paying off as we initiate drilling to better understand Oweegee Dome's mineralization,” CEO Peter Miles told investors. “We have the necessary human resources, equipment and funding to complete an informative program and satisfy our 2022 option obligations."

Samples taken from a copper-gold-bearing monzonite outcrop on the Molloy target returned an average of 0.34% copper and 0.83 grams per tonne gold on average.

Sanatana’s BC projects manager, Jeff Kyba, revealed that the 2022 program is designed to address two questions: the size of the Molloy monzonite, and whether there more than one copper-gold porphyry present.

“The late melt focused our activities within a narrow window of elevation where work is typically hindered by heavy vegetation. Our crew was able to make good use of this time and discovered another showing of a copper-bearing intrusion well beyond mapped extents of the known system, which helps Sanatana address the two objectives,” Kyba said.

Oweegee is located 8 kilometres east of a major highway and the northwest transmission line in British Columbia.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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