Sanatana, Trelawney report Ontario Gold Assays including 3.96 g/t over 26.1m
Sanatana Resources Inc TSXV:STA in joint venture with Trelawney Mining and Exploration Inc TSXV:TRR announced assays from the Clam Lake area of the Watershed Property in Ontario. (Uncut) results include
11.67 g/t gold over 2.2 metres
0.43 g/t over 56.6 metres (including 5.37 g/t over 1 metre)
1.25 g/t over 18.3 metres
2.11 g/t over 1 metre
3.96 g/t over 26.1 metres (including 192 g/t over 0.5 metres)
1.1 g/t over 21 metres (including 16 g/t over 1 metre)
2.72 g/t over 4 metres (including 8.07 g/t over 1 metre)
1.55 g/t over 6 metres
Sanatana has the option to earn a 50% in the Watershed Property and is the project operator.
CEO Peter Miles commented, “We are encouraged that all nine holes in the Clam Lake drill program are mineralized. Gold mineralization has now been delineated right up to the eastern boundary of the mineral claim and likely extends beyond the claim area to the east. It is now considered less likely that this is an isolated mineralized zone. Based on our geological interpretation of these results and from information publically available on the Trelawney website and on SEDAR, we can state with increased confidence that we likely encountered the westernmost extension of Trelawney’s Cote Lake deposit. If we have encountered the westernmost extension of Trelawney’s Cote Lake deposit, these results indicate that the Cote Lake deposit likely extends more than 500 metres to the west of Trelawney’s hole E11-82 and remains open both along strike and to depth. Sanatana expects to complete a 5,000-metre drill program, conduct a geophysical soil sampling program over the entire Watershed property and, as a result, have spent sufficient funds to earn a 50% undivided interest in the Watershed claims by December 31, 2012.”
Contact:
Peter Miles
President/CEO
604.408.6680
by Ted Niles
