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Sentinel Resources Technical Team Provides Initial Review of Eight Gold Exploration Concessions in New South Wales, Australia
VANCOUVER, BC, Oct. 26, 2020 /CNW/ - Sentinel Resources Corp. (CSE: SNL) (US OTC PINK: SNLRF) ("Sentinel" or the "Company") is pleased to announce that its expl
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[{"type":"text","content":" VANCOUVER, BC, Oct. 26, 2020 /CNW/ - Sentinel Resources Corp. (CSE: SNL) (US OTC PINK: SNLRF) (\"Sentinel\" or the \"Company\") is pleased to announce that its exploration team of Dr. Peter Pollard, director and Chief Geologist of Sentinel, and Dr. Christopher Wilson, senior advisor to Sentinel, has provided its initial review of Sentinel's highly prospective eight, gold-focused exploration licenses located in New South Wales, Australia. The exploration licenses are known as Star of Hope, Golden Bar, Alliance Reef, Stanleys, Lady Mary, Waddery West, Wittagoona Reef and Toolom South (collectively, the \"Gold Projects\")(Figure 1). A first pass review of available historic data for the Gold Projects indicates that Alliance Reef and Wittagoona Reef on the Peel-Manning fault system, and Toolom South in the Mount Carrington gold camp, host extremely robust exploration targets. The licenses are located within the New England Orogenic Terrane. Golden Bar, also within the New England Orogenic Terrane, and Stanleys in the Lachlan Fold Belt, also host significantly gold endowed, high priority targets. Review of other licences is ongoing. Highlights: Alliance Reef (ELA 6057) Located on the 350 km long Peel-Manning Fault — a crustal-scale fault zone that hosts variably quartz-carbonate altered serpentinites (otherwise known as listwanites). A 102 km2 licences hosting 28 historic gold mines with reported production grades of up to 15 g/t Au. Along strike, and immediately adjacent to the historic Nundle alluvial gold field that produced more than 225,000 ounces of gold. Includes the historic Marquis of Lorne gold mine with a cited historic resource estimate of 336,000 tonnes at 4.75 g/t Au for 51,000 ounces of gold. The historical resource estimate was set out in a report on the Marquis of Lorne Nundle Project prepared in November 1990. The historical resource estimate does not use the categories, such as mineral reserves or mineral resources, set forth in CIM. Although the Company is currently reviewing the reliability of the resource estimate, the Company believes it is relevant as it represents a key exploration target at Alliance Reefs. To upgrade the historical resource estimate, the Company will be required to carry out drilling on the Marquis of Lorne gold mine. The qualified person has not done sufficient work to class...