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Santana Minerals Ltd.
Summary
| Project: | Cuitaboca | |
|---|---|---|
| Deposit: | Mojardina | |
| Location: | Mexico | |
| Commodities: | Silver-Zinc-Lead | |
| Date: | 11/18/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-11-2016: Santana Minerals Ltd. announces an Exploration/Drilling Update report for its Mojardina deposit at the Cuitaboca project. Drilling results incl. 45m @ 45g/t Ag from 65m. 18 November, 2016. Santana Minerals Limited (“Santana”) is pleased to ann | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jason Beckton (Internal) | |
| ABSTRACT: | 18 November, 2016. Santana Minerals Limited (“Santana”) is pleased to announce initial Reverse Circulation (RC) Drill results from the Mojardina Loop area of the Cuitaboca Project in Sinaloa, Mexico (Figure 1). Drilling has confirmed the continuous broad mineralisation which remains open at depth and along strike and is now reasonably predictable within an uncomplicated geometry. Reported results represent the first 5 drill holes of the current 24 drill hole RC program. Additional results will follow from all three target areas in the coming weeks. The current program consists of 24 RC drill holes (2,800+/- metres) commencing from RC16CT-16 (1 to 15 completed in Phase 1 drilling earlier in 2016) across three target areas: the Mojardina Loop, the Jesus Maria breccia and Mojardina South. Drilling is complete in the current program at Mojardina Loop (Holes 16 to 24 and 26) and all samples have been submitted for assaying with results pending for drill holes 21 to 24 and 26 on the northern side of the Mojardina Loop (Figure 2). The program now continues at the Jesus Maria breccia. The drill results again highlight the significant potential of the Mojardina Loop. The geological model for Mojardina Loop is becoming more predictable and simplified with results to date suggesting the bulk tonnage target remains open at depth and along strike. The geometry of the mineralisation does not appear to be complex (dipping planar bodies). A significant flexure is confirmed in the area of the Evangelina shoot and 3D modelling will assist in the ongoing interpretation process. | |
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