BUD) intersects 4.15 meters with an average grade of 9.73 g / t Au at Lake Tartan
Toronto, Ontario – June 14, 2021 (Newsfile Corp.) (Investorideas.com Newswire) Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce the results of TLMZ21-01, the first of an ongoing 3,000 meter drilling program on its 100% owned Tartan Lake project near Flin Flon, Manitoba.
- Quartz-carbonate-tourmaline veins returned 9.73 g / t Au over 4.15 meters;
- The sheared volcaniclastic host assayed 3.58 g / t Au over 13.00 meters;
- TLMZ21-01 extended the main zone to a depth of 200 meters;
- Mineralization remains open at depth along the plunge; and
- Drilling is in progress.
TLMZ21-01 was the first pilot hole targeting the Main Zone trend at depth. It intersected the main zone 100 meters east of the center line of the interpreted dip of the mineralization, approximately 200 meters below the historic drill hole NAP271W4 which returned 4.55 meters at an average of 7.96 g / t Au (Ref. Figure 1.0).
The interception occurs at a depth of approximately 750 meters from the surface and represents the deepest interception to date at Lake Tartan.
The results are summarized in Table 1.0 and in Figure 1.0 below.
Jennifer Boyle, President and CEO, said: âWe are very pleased with the results of our first drill hole which met our expectations. The grade and thickness of mineralization in TLMZ21-01 are not only consistent with historical drilling results, but are also comparable to results currently reported for some of the most interesting gold discoveries in Canada. and we have started planning additional drill holes targeting the southern zone, 300 meters to the south where historic drilling has not extended to depths beyond 250 meters from the surface. “
Wes Hanson, P. Geo., And Director of Satori, says âTLMZ21-01 is a fantastic start to our drilling program, extending the potential resource footprint of the Main Zone to over 200 meters depth, almost exactly as we had foreseen it. The main zone, as well as the southern zone, is currently open at depth, offering excellent potential to rapidly increase the mineral resource base of the project. copper-zinc base metals. “
SAMPLING, QUALITY ASSURANCE AND QUALITY CONTROL
All diamond drill holes are NQ diameter (47.6mm). The drill cores are delivered to a secure logging facility on site where they are photographed, recorded for geotechnical and geological data, and marked for fractionation. Most samples are taken at 1.0 meter intervals, observing lithostructural contacts with a minimum sample length of 0.3 meter and a maximum sample length of 1.5 meters. Logging, sampling and fractionation are carried out under the supervision of P.Geo. manage the drilling program. After recording and marking the sample, the core is divided with one half of the core sent for analysis and the remaining half stored on site for future reference. Certified reference materials and blanks are inserted into the sample stream at the rate of one blank and one certified standard per twenty samples.
Samples are shipped in sealed containers to TSL Laboratories in Saskatoon, Saskatchewan for analysis. All samples are analyzed for gold using a 30 gram fire melting lead assay with an atomic adsorption finish. In addition, samples are analyzed using a 36-element multi-acid ICP-ES analysis method. Samples corresponding to any visible gold observed during logging are flagged for metal screen analysis, as are samples grading greater than 5.0 g / t Au. All quality control results, including laboratory control samples, are evaluated before their public release.
Wes Hanson P.Geo., Director of Satori, is the Qualified Person who has reviewed and approved the contents of this press release.
ABOUT SATORI RESOURCES INC. (TSXV: BUD)
Satori is a Toronto-based mining exploration and development company whose principal property is the former Tartan Lake gold project, located in the prolific Flin Flon greenstone belt, Manitoba. Satori also owns a 100% interest in the New Delhi Project, an advanced polymetallic gold project in the mining district of Sudbury, Ontario.
The Tartan Lake project (2,670 ha) is located approximately 12 kilometers northeast of Flin Flon, Manitoba, and includes the Tartan Lake mine (1986-1989); which produced 36,000 ounces of gold from 250,000 tonnes of feed ore. The remaining infrastructure includes: an all-season access road, a grid-connected power supply, a mill, mechanical buildings, warehouses and offices, a tailings site and a 2,100-meter ramp and underground mining galleries developed to a depth of 300 meters from the surface. Gold mineralization is associated with anastomosed quartz-carbonate veins hosted in east-west trending, steeply dipping shear zones up to 30 meters in width. The veins vary from a few centimeters to several meters in width and the gold grades vary from 1.0 to +100 g / t. Mineralization at the mine is currently limited in drilling and open at depth.
FOR MORE INFORMATION, PLEASE CONTACT:
Jennifer Boyle, BA, LL.B.
President and CEO
Satori Resources Inc.
Mr. Pete Shippen
President, Satori Resources Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
ATTENTION REGARDING FORWARD-LOOKING INFORMATION
This Satori press release contains statements that constitute “forward-looking statements”. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Satori’s actual results, performance or achievements, or industry developments to differ materially from the anticipated results, performance or achievements expressed. or implied by these forward-looking statements. statements.
THIS PRESS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO US NEWS SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES.
This news is published on Investorideas.com Newswire – a global digital news source for investors and business leaders
Disclaimer / Disclosure: Investorideas.com is a digital publisher of third party equity news, articles and research and creates original content including videos, interviews and articles. Original content created by Investorideas is protected by copyright laws other than syndication rights. Our site does not make any recommendations to buy or sell any stock, service or product. Nothing on our sites should be construed as an offer or a solicitation to buy or sell any products or securities. Any investment involves risks and possible losses. This site is currently paid for news publishing and distribution, social media and marketing, content creation and more. Disclosure is issued for every paid press release, content posted / created as necessary, but otherwise the news has not been paid and has been published for the sole benefit of our readers and subscribers. Contact the management and IR of each company directly for specific questions.
More information on the disclaimer: https://www.investorideas.com/About/Disclaimer.asp Learn more about posting your press release and our other news feed services press Investorideas.com https://www.investorideas.com/News-Upload / and tickertagstocknews.com