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Santana Minerals Ltd.

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Summary

Project:

Cuitaboca

Deposit:Mojardina
Location:Mexico
Commodities:Silver-Zinc-Lead
Date:7/6/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-7-2016: Santana Minerals Ltd. announces an Exploration/Drilling Update report for its Mojardina deposit at the Cuitaboca project. Drilling results incl. 51m @ 42g/t Ag, 0.23% Zn from 21m. 6 July, 2016. Santana Minerals Limited (“Santana”) is pleased to
Resources:x
CP/QP:[Overall Report]: Jason Beckton (Internal)
ABSTRACT:6 July, 2016. Santana Minerals Limited (“Santana”) is pleased to announce results from the recently completed RC Drill program at the Mojardina Loop in the Southern Sector of the Cuitaboca Project in Sinaloa, Mexico. Drilling has confirmed the significant flexure in the southern part of the loop and continuous mineralisation around the northern part of the loop. Broad intercepts of silver + gold + zinc mineralisation enhance the interpretation of a bulk tonnage silver + gold + zinc project. Reported results represent all of the RC drilling undertaken in this zone in the recently completed program. Additional field work has commenced and planning for the next drill program is underway given the positive results. 15 RC drill holes for a total of 1961m were completed on the Cuitaboca project. Assay results from the 14 holes drilled at the bulk silver target of Mojardina are reported in this release (Figure 1). Final assay results from an additional drill hole at the Carajuca Gold prospect 6km to the north near Jesus Maria Loop are pending. Drill results highlight the significant potential of the Mojardina prospect, where multiple zones of silver rich mineralisation have been identified. Drilling has indicated that the geometry of the mineralisation is not complex (dipping planar bodies). Planning for a stage II drilling of the Mojardina Loop for extensions and high grade shoots to outline a bulk tonnage silver + gold + zinc project has commenced.

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