canada post timmins

Second Update on Sanatana's Drill Program at Gold Rush Project, Timmins, Ontario

 

Highlights

 
  •  Seven NQ size holes and two AQ size hole completed on the North Shaft prospect. 
  •  
  •  Brittle ductile shear zone with quartz veins intersected in all holes 
  •  
  •  The main zone widens at depth, strikes for at least 200m and is open in all directions 
  •  
  •  Core samples sent for assay 
  •  
  •  Drill now targeting Elora prospect, an EM anomaly. 
  •  

Sanatana Resources. (TSXV: STA) ("Sanatana" or the "Company") has completed nine holes (1,075 m) on the North Shaft prospect situated on its 2,353 hectare Gold Rush project, located 25km west of the Timmins. All holes intersected quartz veins, alteration and sulphides.

 

North Shaft Prospect

 

Sanatana previously reported surface work at the North Shaft prospect where stripping uncovered two gold trends, a Western trend that crossed the historic prospecting shaft. It trends at 2600 for at least 70m and it includes a 27.3 g/t grab sample and a channel sample of 1.94 g/t over 1m; and an Eastern trend at 1250 for over 100m length with assays up to 6.35 g/t over 0.75m.

 

Sanatana has focused on drill testing the eastern trend with G4's NQ size core rig. The first hole targeted 50m below the 6.35 g/t sample which occurs in a 4m zone of above >1g/t channel samples. The first drill hole delivered immediate encouragement intersecting a zone of ductile shear and brittle quartz carbonate veins with albite and sulphides 10.7m wide (true width), demonstrating a widening at depth. The next hole drilled from the same location was steepened to drill beneath the first and again intersected the shear with quartz veins now some 24m true width . This pattern of drilling, one shallow dipping hole one steeper dipping hole was used to step out, 50m to west and 50m to the east. For the final hole the drill returned to the original middle section to target the main shear at greater depth. It extended the shear to 100m below the surface with it still open at depth. The drilling shows the shear dips 650 to the north steepening to 750 at depth. The main shear is open in all directions. Drilling also encountered other shear zones apart from the main shear.

 

Figure 1 shows a plan of the drilling and table 1 lists the collar locations, bearing and dips. A photograph is also included showing an example of the shear and quartz veins.

 

A second scout drill rig has also been operating at the North Shaft prospect, testing the Eastern trend from the southern side. This drilling also encountered the shear and demonstrated it continues further to the east. The combined drilling shows that the Eastern trend continues for at least 200m strike length and is open to the east and the west. The mineralization is hosted in the intrusive rocks of the Kamakscotia gabbro complex and these consist of gabbro, granodiorite and a fine grained feldspar porphyry. Logging and sampling of the core is nearing completion and samples are being sent to the laboratory in 100-sample batches. The laboratory reports to expect a two- to three-week turnaround.

 

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/2534/82254_1580a92c440b1933_001.jpg

Figure 1. Plan View of the North Shaft drilling

 

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2534/82254_1580a92c440b1933_001full.jpg

 

Table 1: Location of the Drill Holes and Their Orientation.

 
                                                                                                
Drill hole EastingNorthingBearingDipTD (m)
NS21-01 448702536999521545123
NS21-02 448702536999521565144
NS21-03 448661537002321545 119
NS21-04 448661537002321570120
NS21-05448743536996621545120
NS21-06448743536996621575103
NS21-07448720537002021545165
      
Total 894
      
Drill hole EastingNorthingBearingDipTD (m)
GR21-01 4486403699638545101
GR21-02 4487655369882354580
      
Total181
 

 

 

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/2534/82254_1580a92c440b1933_002.jpg

 

Photograph 1: An example of the main shear zone from Drill hole NS21-07.

 

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2534/82254_1580a92c440b1933_002full.jpg

 

Elora Prospect

 

The G4 NQ drill rig has now moved to test a geophysical target on the central eastern part of the Gold Rush property. A MegaTEM airborne survey, flown by the Ontario geological survey, revealed several EM anomalies on the property. The Elora prospect was selected for drill testing as one of the stronger responses and line cutting and a Max-Min EM ground survey were conducted. Two parallel Max Min responses that extend over 800m N-S were revealed in the survey. The drill will be positioned to test this anomaly.

 

The technical information in this news release was prepared under the supervision of Kevin Kivi P.Geo. Mr. Kivi is a Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the technical information disclosed in this news release.

 

Sanatana Resources Inc. is a mineral exploration and development company focused on high-impact properties in Canada and the Western Pacific. With an award-winning technical team and experienced management and board of directors, Sanatana is based in Vancouver and is listed on the TSX Venture Exchange (TSX-V: STA).

 

Sanatana Resources INC.

 

(signed) "Peter Miles"

Peter Miles
Chief Executive Officer

 

For additional information on the Company, please contact Mr. Peter Miles, Chief Executive Officer at (604) 408-6680 or email investor@sanatanaresources.com.

 

To be added to the email distribution list, please email ir@sanatanaresources.com with "Sanatana" in the subject line.

 

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.

 

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/82254

 

 

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Spools of copper wire.

Top 5 Junior Copper Stocks on the TSXV in 2025

The copper price climbed to a record high of US$5.64 per pound on the COMEX during the second quarter of 2025.

The price rise comes on the back of escalating trade tensions and economic chaos from the United States’ new tariff policy.

While copper was initially spared from tariffs at the start of the year, US President Donald Trump announced the US would be imposing a 50 percent tariff on all copper products entering the US. The announcement sparked speculative buying by US metals traders, who sought to position themselves ahead of the yet-to-be-announced tariff deadline.

How has this affected small-cap copper-focused companies on the TSX Venture Exchange? Read on to learn about the five best-performing junior copper stocks since the start of 2025.

Data for this article was gathered on July 17, 2025, using TradingView's stock screener, and copper companies with market caps of over C$10 million at that time were considered.

Keep reading...Show less
Pile of raw copper nuggets on a dark background.

Barrick Backs Hercules in Leviathan-Linked Copper Expansion

Hercules Metals (TSXV:BIG,OTCQB:BADEF) has entered into a transformative agreement with Barrick Mining (TSX:ABX,NYSE:B) to acquire a vast package of unpatented copper claims surrounding its Leviathan discovery in western Idaho.

Hercules will have the option to acquire a 100 percent interest in more than 74,000 acres of claims, collectively known as the Olympus belt, that flank both sides of the company’s existing Hercules property.

If exercised, the deal would expand Hercules’ total land position from 26,000 acres to over 100,000 acres, granting it control over a 73 kilometer stretch of highly prospective terrain.

The transaction is structured as an option agreement through Hercules’ US subsidiary, Anglo-Bomarc, with Barrick Gold Exploration, a wholly owned subsidiary of Barrick Mining.

Keep reading...Show less
Rows of fine copper bars with text that reads '5 Top Canadian Mining Stocks This Week.'

Top 5 Canadian Mining Stocks This Week: St. Augustine Gains 67 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Statistics Canada released its monthly mineral production report for May 2025 on Monday (July 21). The data shows that the production of both copper and silver increased from April. Copper output rose to 36.3 million kilograms from 35.85 million in April, and silver increased to 26,502 kilograms from 25,412. Meanwhile, gold production decreased marginally to 16,518 kilograms from 16,640 the previous month.

However, shipments were up across the board. Copper shipments rose to 34.34 million kilograms compared to 30.01 million kilograms in April. Silver increased to 26,376 kilograms, up considerably from 22,106 kilograms a month earlier. Gold shipments saw a slighter gain, rising to 14,858 kilograms from 14,660 kilograms in April.

Keep reading...Show less
Silhouetted miners work in a dimly lit tunnel; "Weekly Editor's Picks" text overlay.

Editor's Picks: Miners Rescued, US Mine Waste Strategy, Ontario Expands CIMF

Here's a quick recap of some of the most impactful resource sector news items for the week.

The period saw three miners rescued after 60 hours underground at the Red Chris mine in BC, the US announce a mine waste recovery strategy and the Ontario government add C$7 million to boost critical minerals innovation.

Keep reading...Show less
Traffic light with green signal against a blue sky.

Teck Greenlights Highland Valley Expansion After Beating Q2 Profit Estimates

Teck Resources (TSX:TECK.A,TSX:TECK.B,NYSE:TECK) has secured board approval for a multi-billion-dollar life extension of its Highland Valley copper mine in British Columbia, setting the stage for a two-decade boost in copper output.

The Vancouver-based miner said Thursday (July 24) that construction on the Highland Valley Copper Mine Life Extension Project (HVC MLE) will begin in August, following receipt of environmental and permitting approvals in June.

Keep reading...Show less
Blackstone Minerals

Blackstone Minerals


Keep reading...Show less

Latest Press Releases

Related News

×