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Santana Minerals Ltd.

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Summary

Project:

Cuitaboca

Deposit:La Plata
Location:Mexico
Commodities:Silver-Gold
Date:3/5/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:5-3-2018: Santana Minerals Ltd. announces an Exploration/Drilling Update report for its La Plata deposit at the Cuitaboca project. Drilling results incl. 3.35m @ 182g/t Ag from 0m. 5 March 2018 - Santana Minerals Limited (“Santana”) is pleased to report h
Resources:x
CP/QP:[Overall Report]: Jason Beckton (Internal)
ABSTRACT:5 March 2018 - Santana Minerals Limited (“Santana”) is pleased to report highly encouraging results from its recently completed portable micro-rig diamond drilling program undertaken at the La Plata Prospect within the Company’s Cuitaboca Project in Sinaloa, Mexico. Previous field work including diamond saw channel trenching and rock chip sampling identified high grade surface mineralisation over 2km of interpreted strike length at the La Plata prospect. As a precursor to road construction for RC drilling the Company commenced a small-scale micro-rig drill program to test the continuation of the grade below surface and to give an indication of vein direction. The Company is pleased to report 16 of the 32 assayed samples from this micro-rig program returned greater than 50g/t Ag and included the following material results (Figure 1). The program has reaffirmed the highly prospective nature of La Plata and the Company will now assess the best way to advance the La Plata, Mojardina and Santa Eduviges prospects and the regional exploration in the Northern Zone where the coincidence of gold and hydrothermal haematite occurs.

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