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    market news

    Sanatana Announces Drill Program to Commence at the Jackfish Property

    Melissa Shaw
    Mar. 16, 2018 10:11AM PST
    Gold Investing

    Sanatana Resources (“Sanatana” or the “Company”) (TSX-V:STA) intends to undertake a 1,500 m drill program to test anomalous geochemical and structural targets with potential for gold and base metal mineralization on its Jackfish property, Northern Ontario. These drill targets arise from combining recently completed inversion modelling of geophysical data and property wide geochemical results and geological observations. …

    Sanatana Resources (“Sanatana” or the “Company”) (TSX-V:STA) intends to undertake a 1,500 m drill program to test anomalous geochemical and structural targets with potential for gold and base metal mineralization on its Jackfish property, Northern Ontario. These drill targets arise from combining recently completed inversion modelling of geophysical data and property wide geochemical results and geological observations.

    Peter Miles, President and CEO, stated:

    “Since assembling the property package in June last year, the Company has swiftly taken the Jackfish property from a collection of isolated and seemingly disparate gold showings held by separate claim holders, to a single project developing a regional framework to make sense of the separate styles of mineral showings and past mines and form a coherent exploration strategy to work towards discovery of economic significance.

    The planned initial drill program will begin to test these ideas, with success leading to further drilling and other exploration activities on this target and the many other targets remaining to be tested on the property.”

    Click here to read the full text release.

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