Santana Minerals Limited (ASX: SMI) ('Santana' or 'the Company') is pleased to announce further results from the 100% owned Bendigo-Ophir Project ('the Project').

CEO Damian Spring said: 'A new Mineral Resource Estimate has commenced that aims to convert inferred resources to indicated resources ahead of the completion of the Scoping Study.

These latest results continue to infill the highgrade zones of the Rise and Shine, with MDD160 returning 30.8m @ 3.0 g/t, a fantastic intercept.'

The current MRE includes a maiden indicated resource of 0.3Moz at 4.3g/t Au of gold (with top-cut and 0.5g/t Au lower cut-off) at the RAS deposit. Drilling is continuing to expand the potential indicated resource with 22,485 metres drilled since the completion of the Feb 2023 MRE

Latest Drill Assay Results from RAS

Assays have been received for twelve RAS drillholes from infill drilling at RAS. The holes lie within the Inferred Resource envelope outside the current Indicated Resource (Feb 2023 MRE). Significant intercepts at a cut-off grade of 0.5 g/t and a top cut of 100 g/t Au are reported in Appendix 1. The most significant of these are summarised below

Efforts to reduce turnaround times and assay backlog at the laboratories have been reduced by over a thousand samples since the start of the month. Samples were sent to alternative accredited laboratories in Australia to allow the NZ labs to catch up. This will ensure the greatest number of new drill results are available for the Rise and Shine (RAS) MRE update that has now commenced. New results will be added as modelling progresses until the database is closed off.

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