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Satori Resources: Developing the Past-Producing Tartan Lake Gold Mine Near Flin Flon, Manitoba

Satori Resources (TSXV:BUD) redevelops past-producing mines to have a quicker path to production by leveraging existing infrastructure, workforce and historical data. Its flagship project is the 100 percent owned Tartan Lake Gold project near Flin Flon, Manitoba. The past-producing Tartan Lake Gold Mine was operational from 1986 to 1989 but was shut down when the price of gold fell below $400 per ounce in 1989.


The Flin Flon Snow Lake Greenstone Belt, home of the Tartan Lake Gold project, is considered one of the largest and most prolific greenstone belts in the world. Greenstone belts are unique geologic features that can contain numerous minerals, such as copper, silver and zinc. More importantly, there is a strong presence of gold deposits in greenstone belts. The Tartan Lake Gold project contains 20 mineral claims across 2,670 hectares, and produced 47,000 oz of gold from 1987 to 1989.

Tartan Lake Gold Mine Project

Satori Resources' Company Highlights

  • Satori's July 2021 drilling campaign extended the Main Zone over 200 metres down plunge, evidencing that mineralization remains open at depth, along plunge.
  • The grade and thickness of the mineralization in certain holes drilled in the summer of 2021 are not only consistent with the historical drill results but are also comparable with results currently being reported at some of Canada's most exciting gold discoveries in Red Lake and Newfoundland.
  • Satori drilled longest and highest grade interval at the South Zone, averaging 9.59 g/t Au over 11.75 metres, and Main Zone returned 9.73 g/t Au over 4.15 metres.
  • For the first time in decades this project is benefitting from a new team applying modern day techniques in a robust gold environment. The entire project area has been overlooked for decades and is sparsely-drilled.
  • During fall 2021 ground reconnaissance program investigating remote showings, the low water levels exposed significant outcrop along the shoreline of Batters Lake, exposing extensive zones of shearing with favourable quartz-carbonate-tourmaline veining and sulphide mineralization similar to what is observed at the Main and South Zones.
  • Satori Resources holds a 100 percent interest in the Tartan Lake Gold project (subject to a 2% NSR interest with a buy-back right) which includes a 450 mt/day processing plant.
  • The Tartan Lake Gold project sits upon one of the largest greenstone belts on the planet, a geologic feature that is known for containing gold
  • The project has existing infrastructure that will reduce the time and resources required to become operational
  • Previous operations in the Tartan Lake Gold Mine produced 47,000 ounces of gold between 1987 and 1989
  • Satori Resources is operated by a strong management team

Click here to connect with Satori Resources (TSXV:BUD) to receive an Investor Presentation

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Developing the Past-Producing Tartan Lake Gold Mine Near Flin Flon, Manitoba

Satori Commences Fall Drilling Campaign at Past Producing Tartan Lake Gold Mine, Flin Flon, Manitoba

Satori Commences Fall Drilling Campaign at Past Producing Tartan Lake Gold Mine, Flin Flon, Manitoba

Satori Resources Inc. (TSXV: BUD) ("Satori" or the "Company") is pleased to announce the commencement of its fall drilling campaign at the Tartan Lake Project, Flin Flon, Manitoba.

The Company plans to test the Hanging Wall Zone (in Main Zone) to extend the significant mineralization that was intersected in hole TLMZ21-12, which returned 47.56 g/t Au over 5.8 metres, within a broader interval that averaged 23.76 g/t Au over 12.6 metres (see news release dated December 6, 2021). This intercept isthe second highest value intercept ever recorded at Tartan Lake Main Zone and the Company believes that the physical differences in lithology and mineralization tenor suggest that this could represent the upper portion of a new zone in the hanging wall of the Main Zone trend.

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Satori Reports 29.06 g/t Gold over 5.85 Metres in Latest South Zone Drill Holes

Satori Reports 29.06 g/t Gold over 5.85 Metres in Latest South Zone Drill Holes

Satori Resources Inc. (TSXV: BUD) ("Satori" or the "Company") is pleased to announce the latest drill results from the spring exploration drilling at the 100%-owned Tartan Lake deposit near Flin Flon, Manitoba. Satori's winter drill program focused on shallow holes targeting extensions of the South Zone mineralization down plunge to the west and initial drilling of the McFadden target, a broad area of intense quartz carbonate veining located approximately 1,600 metres south of the South Zone.

Table 1.0 summarizes the drill results from the South Zone drill holes. The most significant intersection was reported in hole TLSZ22-21 which intersected 29.06 g/t Au over 5.85 metres and included 198.5 g/t Au over 0.80 metres. Coarse visible gold was observed in the drill core.

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Satori Resources: Developing the 100% Owned Tartan Lake Gold Mine Project, CEO Clip Video

Satori Resources: Developing the 100% Owned Tartan Lake Gold Mine Project, CEO Clip Video

Satori Resources Inc. (TSXV: BUD) (OTCQB: STRRF They're currently focused on a dual track program of evaluating the former operating high-grade gold mine. BTV chats with President & CEO, Jennifer Boyle to learn more.

If you cannot view the video above, please visit:

https://b-tv.com/satori-resources-developing-the-100-owned-tartan-lake-gold-mine-project-btv-investing-news-ceo-clips-60sec

Satori Resources Inc.(TSXV: BUD) (OTCQB: STRRF)

https://satoriresources.ca/

About CEO Clips:

CEO Clips is the largest library of publicly traded company CEO videos in Canada and the US. These 60 second video profiles broadcast on national TV and online via 12 financial sites including: Thomson Reuters, Bloomberg, Yahoo! Finance and Stockhouse.com.

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Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127152

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Satori Awaits Assays from 2022 Phase I Drilling Completed at Tartan Lake Gold Mine Project

Satori Awaits Assays from 2022 Phase I Drilling Completed at Tartan Lake Gold Mine Project

Satori Resources Inc. (TSXV: BUD) ("Satori" or the "Company") is pleased to announce the completion of its 2022 Phase I drill program at Tartan Lake. A total of 10 holes (2,900 metres) were completed. Seven holes targeted the McFadden showing, an area of intense quartz-carbonate-tourmaline veining hosted in intensely sheared and deformed volcanics, approximately 1.5 kilometres south of the Main Zone.

The remaining three holes targeted the down-plunge extension of the South Zone approximately 100 meters below hole TLSZ21-05 which intersected 9.59 g/t Au over 11.75 metres, the highest value intercept ever reported at the South Zone (See news release dated October 14, 2021).

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Satori Moves Drill Locations and Engages Investor Relations

Satori Moves Drill Locations and Engages Investor Relations

Satori Resources Inc. (TSXV: BUD) ("Satori" or the "Company") is pleased to announce that drilling at the South Zone has now commenced at the Tartan Lake Gold Mine Project, after having completed diamond drilling at a remotesatellite target area (McFadden) located 1 kilometre south-east of the known Main ZoneSouth Zone deposit.

Ongoing drilling at South Zone is testing the down plunge extent of the known mineralization, where three holes are planned to target a potential high-grade chute within the South Zone at depths below Satori's previous drilling, along 150 meters of strike length.

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New Age Exploration Limited

NAE Wagyu Drilling and Strategic Developments

New Age Exploration (ASX: NAE) (NAE or the Company) is pleased to provide an update on its ongoing exploration activities at the Wagyu Gold Project in the Central Pilbara, WA, as well as a key leadership appointment that will enhance the Company’s technical expertise.

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Yukon Metals Announces C$5M Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES/

Yukon Metals Corp. (CSE: YMC, FSE: E770, OTC: YMMCF) (" Yukon Metals " or the " Company ") is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and Canaccord Genuity Corp. (the " Co-Agents ") to act as co-agents in connection with a "best efforts" private placement for aggregate gross proceeds of up to approximately C$5 million (the " Offering ").

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YUKON METALS ANNOUNCES UP TO C$5M BEST EFFORTS PRIVATE PLACEMENT

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES . NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES /

Yukon Metals Corp. (CSE: YMC) (FSE: E770) (OTC: YMMCF) (" Yukon Metals " or the " Company ") is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and Canaccord Genuity Corp. (the " Co-Agents ") to act as co-agents in connection with a "best efforts" private placement for aggregate gross proceeds of up to approximately C$5 million (the " Offering ").

News Provided by Canada Newswire via QuoteMedia

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