Sanatana Resources Inc said anomalous gold was encountered in a shear-hosted quartz vein during its just completed first pass reconnaissance drilling program on the Gold Rush project, 25 kilometers away ( km) west of Timmins, Ontario.
The Vancouver-based explorer said a total of 23 NQ diameter holes over 3,113 meters were completed on seven separate prospects. All holes intersected quartz veins, weathering and sulphides. There are numerous gold showings hosted in quartz veins on the property and the tracing program was designed as an initial test in the several most accessible prospects to help prioritize future exploration on the project, the company explained. .
At the North Shaft Prospect, Sanatana completed seven NQ diameter holes drilled in a series of three fences 50 meters apart. Previous surface channel sampling revealed an NW-SE structure harboring gold.
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Drilling targeted this structure with one hole drilled at 45 degrees dip and a second hole drilled from the same configuration at between 60 and 70 degrees dip designed to intersect the structure at a greater depth.
The middle fence received a third hole that receded and tested the structure to an even greater depth, the company said. In addition, two small portable boreholes for men of diameter AQ were made.
“This prospect received the most attention as drilling revealed a shear zone with quartz veins with albite and ankerite and sulphides, all visual good signs of mineralization,” said the society.
Analysis results from all holes returned “high gold” from the quartz vein, the company added. The results defined a vein 1 meter to 5 meters wide that extends over 150 meters from the surface to 100 meters deep. It is open in all directions and shows that the mineralized zone slopes northeast at about 60 degrees.
Sanatana said it discovered: “1 meter to 5 meters of gold> 0.5 g / t in all but one of the seven holes drilled to test this structure. The best dosages included 6.35 grams per tonne (g / t) over 0.75 meters at surface, 2.45 g / t over 55-56 meters in NS-21-04 and 2.08 g / t over 54 -55 meters in NS-21-05, according to the company.
He pointed out that multi-element ICP assays have shown gold to be associated with silver, with an average 5: 1 silver / gold ratio. The elements “bismuth, molybdenum, tellurium and tungsten” are also correlated with gold, as well as “high sulfur content> 0.5%”. Sanatana said it was the “first persistent mineralization ever found on the property” and described it as a “Kirkland Lake-type element”.
Drilling focused on the eastern structure of the North Shaft prospect exposed by the stripping campaign conducted earlier by Santana. The company plans to return to the prospect with the lightweight, portable AQ-sized platform and research the lateral extension of this vein. In addition, Sanatana plans to drill the still-to-test western trend present on the prospect, as confirmed by surface channel sampling.
Sanatana’s 2,200 hectare Gold Rush project near Timmins consists of two claim blocks. It is located just 11 km northwest of Pan American Silver’s Timmins West mine, where more than 750,000 ounces of the yellow metal have been produced to date.
Contact author Uttara Choudhury at [email protected]
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