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Sanatana Resources Reports Longest Drill Intercept to Date and Confirms Multiple Porphyry Prospects at Oweegee Dome
Highlights Longest intercept to date from drill hole OW-2022-09, 196m at 0.20% copper equivalent, part of the Delta Ridge copper-gold mineralized zone Highest-g
About this update from Gold Strike Resources Corp.
[{"type":"text","content":" Highlights Longest intercept to date from drill hole OW-2022-09, 196m at 0.20% copper equivalent, part of the Delta Ridge copper-gold mineralized zone Highest-grade intercept as previously reported in OW 2022-08, 112.18 m at 0.33% Cu equivalent Results highlight three separate areas of copper-gold mineralization: Delta Ridge, Molloy, Snowpatch Oweegee mineralized footprint expanded to a 2km by 4.5km area Multiple high-priority drilling targets identified Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - Sanatana Resources Inc. (TSXV: STA) (\"Sanatana\", the \"Company\") is pleased to report remaining assays for the 12-hole drill program completed at the Oweegee copper-gold project. The 2022 drilling program consisted of 3,679m in 12 holes which tested a variety of geochemical, geological and geophysical targets within a broad 2 by 4.5 km area (Figure 1). Initial exploration drilling at the Molloy, Snowpatch and Jack Creek prospects returned the intercepts shown in Table 1. Drilling at Delta Ridge confirmed and expanded the area of known mineralization and included in drill hole 8 (previously reported) a 112.18 m interval grading 0.22 g/t Au, 0.17% Cu and 1.10 g/t Ag, for a 0.33% Cu equivalent from 58.4 m depth and, in drill hole 9, an interval of 196m grading 0.13g/t Au, 0.09% Cu and 1.5g/t Ag, for a 0.20% Cu equivalent from 4m depth. Complete tabulated results are summarized in Table 1. Peter Miles CEO commented: \"We are pleased that the 2022 exploration program has proven that the Oweegee project has multiple copper-gold bearing porphyry phases, is large being over 4 kilometres across and contains economically significant copper and gold tenors. Holes 8 and 9 are the best results to date at Oweegee. Moving forward, Sanatana's management team believes that Oweegee is one of the largest underexplored porphyry targets in the Golden Triangle. With less than 6,000m drilled to date and close proximity to highway 37 and the Northwest Transmission line, the project remains highly prospective. With our 2022 drill results, IP and geological understanding, we have compelling drill targets for our 2023 exploration program. Furthermore Sanatana's management believes that, as the world electrifies, copper projects in stable jurisdictions, close to infrastructure will become ever more valuable.\" Buddy Doyle, President, added...