Sanatana Resources Inc. (TSXV: STA) ('Sanatana', the 'Company') is pleased to report remaining assays for the 12-hole drill program completed at the Oweegee copper-gold project.
Peter Miles CEO commented: 'We are pleased that the 2022 exploration program has proven that the Oweegee project has multiple copper-gold bearing porphyry phases, is large being over 4 kilometres across and contains economically significant copper and gold tenors. Holes 8 and 9 are the best results to date at Oweegee. Moving forward, Sanatana's management team believes that Oweegee is one of the largest underexplored porphyry targets in the Golden Triangle. With less than 6,000m drilled to date and close proximity to highway 37 and the Northwest Transmission line, the project remains highly prospective. With our 2022 drill results, IP and geological understanding, we have compelling drill targets for our 2023 exploration program. Furthermore Sanatana's management believes that, as the world electrifies, copper projects in stable jurisdictions, close to infrastructure will become ever more valuable.'
Buddy Doyle, President, added, 'The drilling and field mapping exploration programs highlight at least five centres of mineralization at Oweegee. At Delta we saw 'B' veins and intense phyllic alteration hosting copper-gold mineralization over long intervals with a higher silver to gold ratio. At Molloy, we saw copper-gold mineralization hosted by 'A' veins in an intrusive older than the one hosting copper at Delta with a lower silver to gold ratio. At Snowpatch, one hole successfully tested an IP anomaly and we encountered numerous breccia zones with elevated gold. All results suggest that we are high up in multiple systems with probable higher-grade potassic alteration zones being somewhat deeper, likely within 500m. Oweegee is an alkalic porphyry system similar to other porphyry systems in BC. I am impressed that, in two short field seasons, our team has proven this as a multi-source large porphyry system capable of carrying good grades. Our results are compelling and indicate the need to drill deeper at Delta as well as to test our new IP targets.'
About the Company
Sanatana Resources Inc. 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 (TSXV: STA).
About Oweegee Dome
Oweegee Copper-Gold project is located in northern BC's Golden Triangle and is transected by Highway 37 and the Northwest Transmission line. Neighbouring projects include Seabridge Gold's KSM supergiant porphyry Cu-Au cluster, Newcrest's Brucejack gold-silver mine and Tudor Gold's Treaty Creek project. The Oweegee Cu-Au project is hosted in a geologic environment only recently recognized as similar to other known large copper-gold porphyry deposits in British Columbia.
The 2022 drilling program consisted of 3,679m in 12 holes which tested a variety of geochemical, geological and geophysical targets within a broad 2 by 4.5 km area
Contact:
Tel: (604) 408-6680
Email: investor@sanatanaresources.com.
Cautionary Statement Regarding 'Forward-Looking' Information
This news release includes 'forward-looking statements' and 'forward-looking information' within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements related to the Company's exploration program for Oweegee.
Forward-looking statements and information can be identified by the use of words such as 'plans', 'expects', 'intends', 'is expected', 'potential', 'suggests' or variations of such words or phrases, or statements that certain actions, events or results 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks ad uncertainties beyond Sanatana's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
SANATANA RESOURCES INC. 
