Sanatana Resources set to start drilling in Timmins in March this year
Sanatana Resources Inc (CVE:STA) said Wednesday it plans to start drilling in March this year, depending on coronavius (COVID-19) protocols, at its Gold Rush project near Timmins, Ontario.
It comes after numerous surveys have been completed on the property in an ongoing exploration program, including airborne drone, line-cutting and IP/resistivity work.
READ: Sanatana Resources reveals high-grade gold and silver sample results from its Gold Rush project in Ontario
An airborne magnetic survey was flown at 50 metre (m) line spacings on a NE-SW grid and showed that eight quartz vein gold prospects are associated with either north-south trending structures, which host the De Santis, De Santis South and Staten prospects, or with structures trending at 340 degrees, which host the North Vein and North Shaft prospects.
Magnetic data has also highlighted the east-west trending Massey-Turnbull fault as a broad linear magnetic low, noted Sanatana.
The company plans to undertake more controlled-source audio-frequency magnetotellurics (CSAMT) surveys to better define drill targets, it added.
“These surveys have provided excellent insight into the geology of the Gold Rush property, which will allow us to develop a drill program to target prospective areas. We plan to begin drilling in March 2021,” said Buddy Doyle, the president of the company, in a statement.
Sanatana is an exploration and development company focused on high-impact properties in Canada and the Western Pacific.
Contact the author at [email protected]
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/940320/sanatana-resources-set-to-start-drilling-in-timmins-in-march-this-year-940320.html
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