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STA) Prepared for Drilling at Triassic Age Oweegee Copper-Gold Porphyry Project, Golden Triangle BC

by Trading How
June 30, 2022
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Vancouver, British Columbia – June 29, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Sanatana Assets Inc. (TSXV: STA) (“Sanatana”) has efficiently began its the 2022 subject program on the Oweegee copper-gold (Cu-Au) porphyry venture positioned in BC’s Golden Triangle. The 5,000 metre drill program follows a profitable month of early season subject work and preparations accomplished in June which place Sanatana for a productive and thrilling summer time. A just lately accomplished ASTER survey exhibits concentric anomalies which can be related to porphyries, suggesting that the Molloy zone exploration goal stands out as the centre of a copper-gold porphyry.

Jeff Kyba, PGeo, BC Initiatives Supervisor for Sanatana, commented, “The 2022 program is designed to deal with two questions: 1) how huge is the Molloy monzonite? and a couple of) is there a couple of copper-gold porphyry current? The late soften targeted our actions inside a slender window of elevation the place work is usually hindered by heavy vegetation. Our crew was in a position to make good use of this time and found one other exhibiting of a copper-bearing intrusion nicely past mapped extents of the recognized system which helps Sanatana tackle the 2 goals. Due to our subject workforce, contractors and companions for executing a clean begin up and we’re trying ahead to some drilling outcomes.”

Peter Miles, Sanatana’s CEO, famous, “Months of preparation are paying off as we provoke drilling to raised perceive Oweegee Dome’s mineralization. We have now the mandatory human assets, tools and funding to finish an informative program and fulfill our 2022 possibility obligations.”

Preliminary drilling will concentrate on the Molloy Cu-Au bearing monzonite which is located on the centre of a concentric suite of anomalies together with a 400m diameter chargeability halo and nested mineral assemblages recognized from ASTER imagery evaluation. The Cu-Au bearing monzonite outcrop is central to those anomalies and returned a median of 0.34% Cu + 0.829 g/t Au from fifteen seize samples (Dec 7, 2021 NR). The Cu-Au bearing intrusion was confirmed by way of petrography to be a high quality grained, potassic altered, hornblende-plagioclase monzonite porphyry which comprises widespread quartz-chalcopyrite veins. The monzonite has now been dated at 219 million years previous and is enveloped in altered, excessive potassic, calc-alkalic phases dated at 215-217 million years previous.

These ages verify Oweegee is an older member of the Golden Triangle porphyry household which is in line with the geologic nd geographic place and fortifies Sanatana’s recognition of Oweegee as a extremely potential venture positioned simply 8 km east of freeway 37 and the northwest transmission line.


Determine 1. Proposed 2022 drill holes focusing on the Molloy monzonite. Concentric anomalies of IP chargeability, chlorite, hematite and potassium all roughly encompass the publicity of the Molloy monzonite.

The technical info on this information launch was ready underneath the supervision of Buddy Doyle B.App Sc Geology, MAUSIMM. Mr. Doyle is a Certified Individual for the needs of Nationwide Instrument 43-101 – Requirements of Disclosure for Mineral Initiatives and has reviewed and accredited the technical info disclosed on this information launch.

Concerning the Firm

Sanatana Resaources Inc. is a mineral exploration and growth firm targeted on high-impact properties in Canada. With an award-winning technical workforce and skilled administration and board of administrators, Sanatana is predicated in Vancouver and is listed on the TSX Enterprise Trade (TSXV: STA).

SANATANA RESOURCES INC.

(signed) “Peter Miles”

Peter Miles
Chief Government Officer

For extra info on the Firm, please contact Mr. Peter Miles, Chief Government Officer at (604) 408-6680 or e mail [email protected] To be added to the e-mail distribution checklist, please e mail [email protected] with “Sanatana” within the topic line.

Cautionary Assertion Concerning “Ahead-Trying” Info

This information launch consists of “forward-looking statements” and “forward-looking info” throughout the which means of Canadian securities laws. All statements included on this information launch, apart from statements of historic truth, are forward-looking statements together with, with out limitation, statements associated to the Firm’s exploration program for Oweegee.

Ahead-looking statements are statements that aren’t historic details and are usually, however not at all times, recognized by the phrases “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “tasks”, “potential” and comparable expressions, or that occasions or circumstances “will”, “would”, “might”, “may” or “ought to” happen. Though the Firm believes the expectations expressed in such forward-looking statements are based mostly on affordable assumptions, such statements aren’t ensures of future efficiency and precise outcomes might differ materially from these within the forward-looking statements. Elements that would trigger the precise outcomes to vary materially from these in forward-looking statements embrace regulatory actions, market costs, and continued availability of capital and financing, and basic financial, market or enterprise circumstances. Buyers are cautioned that any such statements aren’t ensures of future efficiency and precise outcomes or developments might differ materially from these projected within the forward-looking statements. Ahead-looking statements are based mostly on the beliefs, estimates and opinions of the Firm’s administration on the date the statements are made. Besides as required by relevant securities legal guidelines, the Firm undertakes no obligation to replace these forward-looking statements within the occasion that administration’s beliefs, estimates or opinions, or different components, ought to change.

Neither TSX Enterprise Trade nor its Laws Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

Extra Data:

Investorideas.com Newswire

This information is printed on the Investorideas.com Newswire – a worldwide digital information supply for traders and enterprise leaders

Disclaimer/Disclosure: Investorideas.com is a digital writer of third occasion sourced information, articles and fairness analysis in addition to creates authentic content material, together with video, interviews and articles. Authentic content material created by investorideas is protected by copyright legal guidelines apart from syndication rights. Our web site doesn’t make suggestions for purchases or sale of shares, providers or merchandise. Nothing on our websites ought to be construed as a proposal or solicitation to purchase or promote merchandise or securities. All investing entails danger and potential losses. This web site is at the moment compensated for information publication and distribution, social media and advertising and marketing, content material creation and extra. Disclosure is posted for every compensated information launch, content material printed /created if required however in any other case the information was not compensated for and was printed for the only real curiosity of our readers and followers. Contact administration and IR of every firm straight relating to particular questions.

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