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Update on Sanatana's Drill Program at Gold Rush Project, Timmins, Ontario
Highlights Four holes completed in North Vein area All holes intersected quartz veins, alteration and sulphides Core samples sent for assay Drill now targeting
About this update from Gold Strike Resources Corp.
[{"type":"text","content":" Highlights Four holes completed in North Vein area All holes intersected quartz veins, alteration and sulphides Core samples sent for assay Drill now targeting North Shaft prospect. Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - Sanatana Resources. (TSXV: STA) (\"Sanatana\" or the \"Company\") is pleased to announce that G4 Drilling has completed four holes (561 m) on its 2,353 hectare Gold Rush project, located 25km west of the Timmins. All holes intersected quartz veins, alteration and sulphides. Peter Miles, Sanatana's CEO commented \"Sanatana remains well financed with approximately $3.8 million in cash. We are pleased that despite COVID restrictions, drilling is proceeding quickly and we look forward to reporting results as we receive them.\" North Vein Prospect Initial drilling tested the North Vein prospect, one of eight confirmed gold showings on the Gold Rush project. The North Vein prospect is a 40m long E-W trending shear zone/quartz vein complex, 2m to 4 m wide on surface with grab samples ranging from trace to 11 g/t Au. A shallow shaft is present on the prospect. The drill is being used to look for extensions of the North Vein at depth and along strike. Figure 1. Plan view of the North Vein drilling The first two holes aimed below the North Vein showing intersected mineralized quartz veins and shearing early in the holes then cut diabase beneath the North Vein occurrence. Post processing of magnetic data using an \"Edge Filter\" highlight the potential contacts of the magnetic intrusive, and suggest the diabase intrusive is complex and possibly faulted near the North Vein. Geologists positioned step-out drill holes west and east of the North Vein to avoid diabase intrusive, targeting veins in adjacent gabbro. The western drill hole NV21-03 intersected sulphide-bearing quartz veins early in the hole hosted by felsic to intermediate intrusive rocks. Veins in this hole may correspond to similar sulphide-bearing veins cut by NV21-01 and NV21-02. The eastern drill hole NV21-04 intersected several faults in gabbro and ended in altered granophyric rocks with quartz veins and sulphide mineralization near the transition from mafic to more felsic intrusive rocks near the end of the hole. Table 1: Location of the drill hole and their orientation. Drill hole Easting Northing Bearing Dip TD (m) NV21-01 4...