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Sanatana Resources Inc (2)
Symbol STA
Shares Issued 75,650,822
Close 2023-11-28 C$ 0.10
Market Cap C$ 7,565,082
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Sanatana talks IP program at Oweegee

2023-11-28 15:03 ET - News Release

Mr. Peter Miles reports

SANATANA PROVIDES FURTHER INSIGHT ON RECENTLY COMPLETED IP PROGRAM AT THE OWEEGEE CU-AU PORPHYRY PROJECT, BC'S GOLDEN TRIANGLE

Sanatana Resources Inc. has provided further details about its recently completed IP (induced polarization) geophysical program.

As detailed in its news release of Oct. 4, 2023, Sanatana identified a large (1,000 by 2,000) buried IP chargeability anomaly at the Oweegee Dome project, located within the famous Golden Triangle of British Columbia. The IP work was contracted to Dias Geophysical using its latest 3-D system. It is Sanatana's principal exploration premise that the next wave of mineral exploration successes will come through the application of technology; IP was specifically developed to explore for copper porphyry deposits and is especially effective when the system is blind or covered.

A recent example of the application of the Dias 3-D system is illustrated by the success of Hercules Silver Corp. with its Hercules project located in Idaho, U.S.

Hercules undertook a Dias 3-D survey on Oct. 18, 2022, and reported the results on Dec. 15, 2022.

This buried IP anomaly was later drill tested and initial results were reported on Oct. 10, 2023.

Peter Miles, chief executive officer, commented: "We are pleased to see another company using the technology of Dias Geophysical to demonstrate how important a tool IP is in the discovery of 'blind' or covered drill targets. It is also important to note that the reason we undertook the IP survey was not only to close off the initial Junction anomaly discovery, but to test our theory that potassically altered clasts we saw with visible chalcopyrite in several brecciated drill holes (see our NR of Dec. 19, 2022) were being sourced from a buried deeper zone of the porphyry body that was not outcropping. These are important additional clues that lead us to be very excited about our IP results. We look forward to our 2024 drill program that we are currently planning."

For more information and an executive summary presentation, please visit the company's website.

Qualified person

The technical information in this news release was prepared under the supervision of Buddy Doyle, BAppSc, geology, FAUSIMM. Mr. Doyle is a qualified person for the purposes of National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approved the technical information disclosed in this news release.

About Sanatana Resources Inc.

Sanatana is a mineral exploration and development company focused on high-impact properties in Canada. With an award-winning technical team and experienced management and board of directors, Sanatana is based in Vancouver and is listed on the TSX Venture Exchange.

Sanatana's principal project is the Oweegee Dome copper-gold porphyry property, which is situated 40 kilometres east of the KSM-Brucejack-Treaty Creek cluster of base and precious metal deposits and is underlain by similar geologic conditions, Stuhini Group (Tiassic age) host rocks, intrusions of the right age, alteration, and porphyry-style copper-gold-silver-molybdenite mineralization.

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