- Santana has provided an update to their drill program at Gold Rush Project, Timmins, Ontario
- All holes intersected quartz veins, alteration and sulphides
- Initial drilling tested the North Vein prospect, one of eight confirmed gold showings on the Gold Rush project
- Geologists positioned step-out drill holes west and east of the North Vein to avoid diabase intrusive, targeting veins in adjacent gabbro
- Sanatana Resources Inc. is a mineral exploration and development company focused on high-impact properties in Canada and the Western PacificSanatana Resources. (STA) is in the grey and is trading at C$0.15 at 3:59 pm ET on April 13.
Sanatana Resources. (STA) 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-financed with approximately C$3.8 million in cash. We are pleased that despite COVID restrictions, drilling is proceeding quickly and we look forward to reporting results as we receive them.”
Initial drilling tested the North Vein prospect, one of eight confirmed gold showings on the Gold Rush project.
The North Vein prospect is a 40m long E-W trending shear zone/quartz vein complex, 2m to 4 m wide on the surface with grab samples ranging from trace to 11 g/t Au. A shallow shaft is present on the prospect.
The drill is being used to look for extensions of the North Vein at depth and along strike.
The first two holes aimed below the North Vein showing intersected mineralized quartz veins and shearing early in the holes then cut diabase beneath the North Vein occurrence.
Post-processing of magnetic data using an “Edge Filter” highlights the potential contacts of the magnetic intrusive, and suggests the diabase intrusive is complex and possibly faulted near the North Vein.
Geologists positioned step-out drill holes west and east of the North Vein to avoid diabase intrusive, targeting veins in adjacent gabbro.
The western drill hole NV21-03 intersected sulphide-bearing quartz veins early in the hole hosted by felsic to intermediate intrusive rocks. Veins in this hole may correspond to similar sulphide-bearing veins cut by NV21-01 and NV21-02.
The eastern drill hole NV21-04 intersected several faults in gabbro and ended in altered granophyric rocks with quartz veins and sulphide mineralization near the transition from mafic to more felsic intrusive rocks near the end of the hole.
The drill rig has now commenced drilling at the North Shaft, where it will conduct a similar program.
The first hole is targeted 50m below a 5m wide zone of more than 1 g/t Au from channel samples at the surface.
Sanatana is also field testing a very lightweight small diameter portable drill rig, a “scout drill”, as a prospecting tool to augment the larger diameter program.
The scout drill recently completed a 105 m hole on the North Shaft prospect.
Hole GR21-01 was drilled across the North Shaft shear at an oblique angle (30 degrees off perpendicular) and encountered the shear from 45 to 93m depth.
The scout drill is now testing the eastern limit of the 200m long extend of the North Shaft prospect exposed by last year’s stripping and channel sampling program.
Sanatana Resources Inc. is a mineral exploration and development company focused on high-impact properties in Canada and the Western Pacific.
Sanatana Resources. (STA) is in the grey and is trading at C$0.15 at 3:59 pm ET on April 13.