- Satori Resources (BUD) has reported results from three new holes at its Tartan Lake project in Manitoba
- Two of the holes intersected several metres of mineralization with average grades of 6.73 g/t gold over 5.0 metres and 8.03 g/t over 4.0 metres
- The third hole intersected 1.0 metres averaging 2.22 g/t gold
- The company also completed a fall ground reconnaissance program in late October
- Satori is a Toronto-based mineral exploration and development company
- Satori Resources Inc. (BUD) is down 19.23 per cent, trading at $0.105 per share
Satori Resources (BUD) has reported results from three new holes at its Tartan Lake project in Manitoba.
The recent drilling at the South Zone targeted an interpreted westerly plunge vector that was identified in historical data.
Two of the holes intersected several metres of mineralization with average grades of 6.73 g/t gold over 5.0 metres and 8.03 g/t over 4.0 metres respectively.
Combined with the previously reported intercepts, these holes filled in an approximate 100 metre by 100-metre gap in the South Zone drill coverage.
The third hole targeted the eastern limit of the interpreted vector approximately 100 metres from surface. It intersected 1.0 metres averaging 2.22 g/t gold, confirming the eastern limit of the high-grade core.
Jennifer Boyle, Satori’s CEO, commented on the results.
“The latest results continue to support our belief that the Tartan Lake deposit is drill constrained,” she said, adding that “Seven of the ten holes Satori has completed to date have returned high grade intercepts over significant widths.”
In addition to recent drilling, Satori completed a fall ground reconnaissance program in late October.
The program consisted of detailed structural mapping around the Main and South Zone deposits, the McFadden peninsula to the northeast of the deposit, and the Sly Fox, showing approximately three kilometres east.
In total, the company collected 110 grab samples which were then submitted for analysis.
“We are also very encouraged by preliminary field observations during reconnaissance mapping and sampling of the McFadden and Sly Fox targets,” said Ms. Boyle. “We see significant potential at Tartan Lake, and we look forward to unlocking this potential through careful, systematic exploration.”
Satori is a Toronto-based mineral exploration and development company. Its Tartan Lake Gold Mine Project is located in the prolific Flin Flon Greenstone Belt in Manitoba.
Satori Resources Inc. (BUD) is down 19.23 per cent, trading at $0.105 per share as of 3:30 pm ET.
