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    gold investing

    Sanatana Provides Exploration Update

    Investing News Network
    Sep. 08, 2017 08:50AM PST
    Precious Metals

    Sanatana Resources Inc. (“Sanatana” or the “Company“)(TSX VENTURE:STA) is pleased to announce both an initial 1,500 metre drill program to commence mid-September on the Jackfish property and an update on recent exploration activities. Exploration Update: The outcrop stripping and channel sampling geochemical survey has verified significant gold occurrences at the North Zone and Rudy#7 showing …

    Sanatana Resources Inc. (“Sanatana” or the “Company“)(TSX VENTURE:STA) is pleased to announce both an initial 1,500 metre drill program to commence mid-September on the Jackfish property and an update on recent exploration activities.
    Exploration Update:
    The outcrop stripping and channel sampling geochemical survey has verified significant gold occurrences at the North Zone and Rudy#7 showing so far:
    North Zone:
    �Sample VR12108B0.51 g/t Au
    �Sample VR12135B16.2 g/t Au
    �Sample VR12136B1.43 g/t Au
    �Sample VR12151B0.87 g/t Au
    �Sample VR12153B0.65 g/t Au
    �Sample VR12173B0.64 g/t Au
    �Sample VR12174B0.57 g/t Au
    �Sample VR12176B0.87 g/t Au
    �Sample VR12177B1.37 g/t Au
    Rudy #7:
    �Sample VR12337B3.38 g/t Au
    �Sample VR12345B12.2 g/t Au
    �Sample VR12349B0.70 g/t Au
    �Sample VR12351B6.22 g/t Au
    �Sample VR12352B10.9 g/t Au

    The channel samples were cut directly from the exposed bedrock surface at intervals of 1m in a continuous pattern traversing the trends of quartz veining present within the outcrop. All the samples were submitted to Actlabs, Thunder Bay Ontario for Fire Assay analysis for gold.
    The North zone was previously stripped over a roughly rectangular area 12m wide and 24m long oriented north-south. From a total of 75 channel samples, seven samples across the North Zone (see map) main mineralized quartz vein returned significant levels of gold including an interval of 2m @ 8.82 g/t Au and others around it of 1m @ 0.51 g/t Au to the west and 3m @ 0.55g/t Au, 3m @ 0.55g/t Au and 2m @ 1.12g/t Au to the east, separated by a 3m to 4m spacing along the vein.
    The Rudy #7 showing was previously identified as a minor gold result hosted in iron formation that has now been exposed by the newly completed outcrop stripping as a ferruginous gold bearing quartz vein. Three sets of channel samples cut across the quartz vein separated 2m to 3m apart along the vein returned assay results of 1m @ 3.38 g/t Au and 1m @ 12.2g/t Au in the northern part and a best result of 2m @ 8.56g/t Au from four samples out of a total of 18 samples. This showing has been added to the drill target list for further testing at depth.
    The Hematite Zone (see map) proved too difficult to cut effectively due to the steep and undulating slope to the outcrop, however, washing down of the previous stripping revealed much more detail of the gold mineralized quartz veining and the Hematite Zone remains a high priority drill target for the upcoming drill program.
    Significantly, the exploration permit for drilling on the Richards et al property has been granted, paving the way for the initial round of drill testing all priority targets on both the Richards et al and on the Wahl property. The list of targets includes the North Zone, Hematite Zone and the Cliff on the Richards et al property and showings #5 and #7 on the Wahl property. Field work is still underway on other parts of the Jackfish property verifying gold occurrences that may add to the list of targets to be drill tested. Drilling is expected to commence in mid-September.
    Peter Miles, President and CEO, commented: “We are pleased that Sanatana’s exploration program to date has confirmed and enhanced our understanding of the gold mineralized occurrences on the Jackfish property. We are still in the very early exploration stages of the 3,664 hectare Jackfish property and we look forward to beginning our initial drill program. This program will test five different targets, but it should be noted that exploration work continues to uncover new and potentially interesting showings.”
    In addition to the geochemical work outlined above, the Company has undertaken geophysical programs, including a 14 line kilometre VLF-EM survey, from the area of Cliff and North zones northwards to cover much of the Wahl property for a total of 29 line kilometres at 200 metre line spacing over an area of approximately 4.5 square kilometres. The survey was undertaken by Superior Exploration, ON. The data is currently being processed and is expected to be available soon. A UAV platform based airborne magnetic survey is planned to cover the same area of 6.3 square kilometres with a total of approximately 150 line kilometres at a line spacing of 50 metres. The survey will get underway soon and is expected to only take a matter of days to complete.
    Table of all channel sample assay results from North Zone and Rudy#7:

    Sample #LengthGold g/tSample #LengthGold g/tSample #LengthGold g/t
    VR12101B1m0.317VR12135B1m16.200VR12169B1mLDL
    VR12102B1m0.179VR12136B1m1.430VR12171B1m0.003
    VR12103B1m0.130VR12137B1m0.032VR12172B1m0.366
    VR12104B1m0.234VR12138B1m0.013VR12173B1m0.641
    VR12105B1m0.041VR12139B1m0.021VR12174B1m0.566
    VR12106B1m0.056VR12141B1m0.012VR12175B1m0.168
    VR12107B1m0.078VR12142B1m0.005VR12176B1m0.865
    VR12108B1m0.506VR12143B1m0.016VR12177B1m1.370
    VR12109B1m0.005VR12144B1m0.207VR12178B1m0.056
    VR12111B1mLDLVR12145B1mLDLVR12179B1m0.017
    VR12112B1m0.002VR12146B1m0.019VR12181B1mLDL
    VR12113B1m0.422VR12147B1m0.235VR12182B1m0.026
    VR12114B1m0.006VR12148B1m0.005VR12183B1m0.055
    VR12115B1m0.087VR12149B1m0.033VR12335B1m0.002
    VR12116B1m0.125VR12151B1m0.871VR12336B1m0.005
    VR12117B1m0.020VR12152B1m0.144VR12337B1m3.380
    VR12118B1m0.006VR12153B1m0.646VR12338B1m0.011
    VR12119B1m0.003VR12154B1m0.023VR12339B1m0.006
    VR12121B1mLDLVR12155B1m0.008VR12341B1m0.030
    VR12122B1mLDLVR12156B1m0.059VR12342B1mLDL
    VR12123B1m0.066VR12157B1m0.078VR12343B1m0.009
    VR12124B1m0.293VR12158B1m0.062VR12344B1m0.007
    VR12125B1m0.269VR12159B1m0.035VR12345B1m12.20
    VR12126B1m0.076VR12161B1m0.234VR12346B1m0.413
    VR12127B1m0.008VR12162B1m0.017VR12347B1m0.041
    VR12128B1mLDLVR12163B1m0.009VR12348B1m0.020
    VR12129B1m0.009VR12164B1m0.01VR12349B1m0.701
    VR12131B1mLDLVR12165B1m0.034VR12351B1m6.220
    VR12132B1mLDLVR12166B1m0.009VR12352B1m10.90
    VR12133B1mLDLVR12167B1mLDLVR12353B1m0.138
    VR12134B1m0.002VR12168B1mLDLVR12354B1m0.147

    LDL = Less than detection limit
    To view the image associated with this release, please click on the following link: https://media3.marketwire.com/docs/Sanatana_Map.pdf
    The information in this news release was prepared under the supervisions of Troy Gill, BSc. MAIG, Exploration Manager for Sanatana. Mr. Gill is a Qualified Person for the purposes of National Instrument 43-101 – Standards of Disclosure for Technical Projects and has reviewed and approved the technical information disclosed in this news release.
    About the Company
    Sanatana Resources Inc. is a mineral exploration and development company that has optioned the Jackfish property in northwestern Ontario. Details of the Jackfish property option agreements are summarized in the Company’s news release dated February 7, 2017 (a copy of which is available on SEDAR at www.sedar.com).
    With an experienced management team and board of directors, the Company has the ability required to identify, develop and fund economic mineral properties. Sanatana is based in Vancouver and is listed on the TSX Venture Exchange (TSX VENTURE:STA).
    About Actlabs
    Actlabs’ Quality System is accredited to international quality standards through the International Organization for Standardization /International Electrotechnical Commission (ISO/IEC) 17025 (ISO/IEC 17025 includes ISO 9001 and ISO 9002 specifications) with CAN -P-1579 (Mineral Analysis).
    The samples were submitted to Actlabs, Thunder Bay Ontario for drying, crushing and pulverization in preparation for analysis of gold by Fire Assay (30g) ICP-OES.
    A rigorous QA/QC program was implemented by the Company as part of the sampling procedures throughout the geochemical sampling program. Duplicate, standard and blank samples were inserted into the sample stream prior to being sent to the laboratory and the adherence of results to strict parameters was monitored.
    SANATANA RESOURCES INC.
    Peter Miles
    President and Chief Executive Officer
    Cautionary Statement Regarding “Forward-Looking” Information
    Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond Sanatana’s control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
    Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Sanatana Resources Inc.
    Peter Miles
    President and Chief Executive Officer
    (604) 408-6680
    investor@sanatanaresources.com
    thunder bayboard of directorsgold investing
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