South Atlantic Gold's Drone Survey Identifies Multiple Sub-Surface Structural Features Coincident with Previously Defined Gold Mineralization

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[{"type":"text","content":"South Atlantic Gold's Drone Survey Identifies Multiple Sub-Surface Structural Features Coincident with Previously Defined Gold Mineralization\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Kelowna, British Columbia –\n \n \n \n TheNewswire\n-\n \n \n \n June 13, 2022 - SOUTH\nATLANTIC GOLD INC. (TSXV:SAO)\n \n \n \n (OTC:\n \n \n \n JLRRF\n \n \n \n )\n \n \n (“\n \n South\nAtlantic”\n \n or the “\n \n Company”\n \n ) announces another milestone for the Phase II\nexploration program which included a high-resolution Unmanned Airborne\nVehicle (“UAV” or “drone”) magnetic survey at its 100 percent\n(“%”) owned Pedra Branca project, located in Cear\n \n á\n \n state, northeastern Brazil. The initial results of\nthe UAV survey define a distinct signature over areas of known\nmineralization that, when combined with other datasets demonstrates\nthe potential for gold mineralization to extend well beyond the limits\nof the current resource ( click\n \n \n here\n \n \n for technical report\nand\n \n \n here\n \n \n for UAV program news\nrelease dated April 8, 2022 ).\n \n \n \n Highlights\n \n \n \n \n \n \n Licensing and Permitting:\n \n The\nCompany filed exploration reports required by Agencia Nacional de\nMineração (“ANM”), the Brazilian mining agency, on-time and\nsecured legal status for 15 tenements.\n \n \n \n \n \n Phase I and II Exploration\nConsolidation:\n \n Click\n \n \n here\n \n \n for a table of total exploration work for\nboth Phase I and Phase II. Pedra Branca consolidated exploration now\nhas a total of 165 Reverse Circulation and 90 Diamond Drill\n(historical) holes with a total of 15,592 meters (“m”) drilled and\n9,353 samples assayed. The RC hole depth averaged 38.5 m. Consolidated\nresults can be seen\n \n \n here\n \n \n with previously\npublished data available on our website.\n \n \n \n \n \n Magnetic Signature:\n \n The\nhigh-resolution drone survey has identified geological structures that\nare coincident with previously defined gold mineralization. These\ngeological structures have been delineated farther than the extents of\nthe known gold mineralization and provide numerous targets that will\nneed to be tested with further exploration.\n \n \n \n \n Phase II was completed on time and on ...

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