Sanatana Resources has entered into a secured promissory note with an arm's length party dated Dec 30, 2024, pursuant to which the Lender provided a secured promissory note to the Company in the principal amount of $200,000. The Loan is secured and bears interest at the rate of 10% per year, due monthly in arrears. The Loan has a one-year term with maturity on December 31, 2025. The first interest payment is due January [...]
Sanatana Resources Ihas received assays from its four-hole, 2,359m drill program at the Oweegee copper-gold porphyry project. Copper-gold mineralization intercepted in the 2024 drilling expands the footprint of the porphyry and confirms this Triassic-aged system has been affected by post-emplacement faulting that has displaced portions of the system. Drilling at OW24-03 and 04 successfully targeted extensions to the known [...]
Sanatana Resources announces the resignation of Ian Smith, who has served as a member of its board of directors since January 2019. Sanatana's board and management thank Mr. Smith for his service and wish him well. About the Company Sanatana Resources Inc. is a mineral exploration and development company with an experienced management team and board of directors. Sanatana is based in Vancouver and is listed on the TSX [...]
Sanatana completes 2,359m drill program in four drill holes. Two drill holes intersected visible mineralization and alteration, expanding the Delta Zone. Two drill holes tested the Junction IP anomaly encountered volcanoclastics and mudstones with no clear explanation of the anomaly. This program fulfills the requirements to complete 6,000 metres of drilling and to spend $6,600,000 under the terms of Sanatana's option [...]
Sanatana Resources is pleased to announce the appointment of Mr. Chris Paul, to Sanatana's advisory board. Mr. Paul has over 15 years of discovery and capital markets experience in numerous senior exploration and management roles. He was principal and founder at Ridgeline Exploration which was acquired by Goldspot Discoveries in 2021. He also discovered the Williams Cu-Au porphyry system in British Columbia's Golden [...]
Planned 3,000 metre drill program to begin in July 2024 Drilling will target the 1 km x 2 km "Junction" IP anomaly discovered October 2023 Sanatana Resources Inc. plans to undertake a 3,000 metre drill program at the Oweegee copper-gold porphyry project that is scheduled to begin about July 21, 2024. Drilling will target the 1 km x 2 km Junction IP anomaly . Peter Miles, CEO, comments, "We are pleased to announce that [...]
Sanatana Resources Inc. is pleased to announce that, further to its news releases of May 7, 2024, June 6, 2024, and June 12, 2024, it has closed the third tranche of its non-brokered private placement of flow-through units of the Company at a price of $0.09 per FT Unit and non-flow-through units of the Company at a price of $0.07 per Unit. Each FT Unit consists of one common share in the capital of the Company designated [...]
Sanatana Resources Inc. is pleased to announce that, further to its news releases of May 7, 2024, and June 6, 2024, it has closed the second tranche of its non-brokered private placement of flow-through units of the Company at a price of $0.09 per FT Unit and non-flow-through units of the Company at a price of $0.07 per Unit. Each FT Unit consists of one common share in the capital of the Company designated as a [...]
Sanatana Resources Inc. is pleased to announce that, further to its news release of May 7, 2024, it has closed the first tranche of its non-brokered private placement of flow-through units of the Company at a price of $0.09 per FT Unit and non-flow-through units of the Company at a price of $0.07 per Unit. Each FT Unit consists of one common share in the capital of the Company designated as a flow-through share pursuant [...]
Highlights: Drill program of approximately 3,000 metres to commence July 2024. Program to test the "Junction" anomaly, a large 1km by 2km IP chargeability anomaly; the interpreted main body of mineralization at the "Oweegee Dome" Project. Private placement consisting of flow-through and non-flow-through units totalling $2,000,000. Sanatana Resources Inc. is planning a drill program of approximately 3,000 metres scheduled [...]
Sanatana Resources Inc. has, further to its news releases dated December 15, 2023, December 19, 2023 and December 27, 2023, closed the second tranche of the Company's previously announced private placement of flow-through units of the Company at a price of $0.10 per Unit. Each Unit consists of one common share in the capital of the Company designated as a flow-through share pursuant to the Income Tax Act and one non-flow [...]
Sanatana Resources Inc. is pleased to announce that, further to its news releases dated December 15, 2023 and December 19, 2023, it has closed the first tranche of the previously announced private placement of flow-through units of the Company at a price of $0.10 per Unit. Each Unit consists of one common share in the capital of the Company designated as a flow-through share pursuant to the Income Tax Act and one non-flow [...]
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