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Satori Resources Inc.
Summary
| Project: | Tartan Lake | |
|---|---|---|
| Deposit: | Tartan Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/7/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-12-2016: Satori Resources Inc. announces an Exploration/Drilling Update report for its Tartan Lake deposit at the Tartan Lake project. Drilling results incl. 13.1m @ 10.88g/t Au from 349.7m. Toronto, Ontario – December 7, 2016 – Satori Resources Inc. (T | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter Karelse (Independent) | |
| ABSTRACT: | Toronto, Ontario – December 7, 2016 – Satori Resources Inc. (TSXV:BUD) (“Satori” or the “Company”) is pleased to announce that diamond drilling has intersected two broad zones of high-grade gold mineralization near existing underground development and historical stopes at the Tartan Lake Gold Mine Project (“Tartan Lake Project” or “Tartan Lake”) in Flin Flon, Manitoba, Canada. Will Ansley, President and CEO of Satori, commented: “These drill results demonstrate both the high-grade nature of the deposit as well as the exploration potential of Tartan Lake. The two zones intersected in hole TL16-01 appear wider than the original stopes mined between 1987- 1989, and are located approximately 20 metres below existing underground development. Having high-grade intercepts and widths within close proximity to existing underground infrastructure is a key strategic advantage for Satori.” The 2016 exploration program at Tartan Lake commenced in late October and consisted of 6 diamond drill holes totaling 1,600 metres. The limited program was designed to verify the historic drill results, and test the extension of known gold mineralization. Two of the holes intersected underground workings and were stopped short of the targeted zones. The drill remains on-site and will be remobilized in 2017. Please see Tables 1 and 2 at the end of the news release for assay results and locations for the drilling program. Figures 1 and 2 displays the location of the Tartan Lake Project and the plan view of the drilling program, respectively. Figures 3, 4 and 5 show the underground sections of the drilling program. | |
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