Satori reports Tartan Lake drilling results

Highlights

• TLSZ21-08 averaged 8.03 g/t gold (Au) over 4 m within a broader interval averaging 4.44 g/t Au over 9.5 m.
• TLSZ21-07 intersected 6.73 g/t Au over 5 m.
• The westerly plunge of the South Zone remains open down plunge.

The recent drilling targeted an interpreted westerly plunge vector identified in the historical data. TLSZ21-07 and 08 both intersected several metres of quartz-carbonate-tourmaline veining with associated sulphides, averaging 6.73 g/t Au over 5 m and 8.03 g/t over 4 m respectively. Combined with the previously reported intercepts in holes TLSZ21-05 (9.59 g/t Au over 11.75 m) and TLSZ21-06 (8.79 g/t Au over 4.8 m), these holes filled in an approximate 100 x 100 m gap in the South Zone drill coverage, averaging 7.28 g/t Au over 7.75 m (average core interval length). All four holes are 100 – 200 m from surface.

TLSZ21-09 targeted the eastern limit of the interpreted plunge vector, approximately 100 m from surface. It intersected 1 m averaging 2.22 g/t Au, confirming the eastern limit of the high-grade core.

Jennifer Boyle, CEO, commented: “The latest results continue to support our belief that the Tartan Lake deposit is drill constrained. Seven of the 10 holes Satori has completed to date have returned high grade intercepts over significant widths. Earlier this year, drilling at the Main Zone extended the mineralization over two hundred metres down plunge to the west. These latest results from the South Zone suggest a westerly plunge to higher grade mineralisation similar to the Main Zone. Both zones remain open down plunge, offering compelling exploration targets, with the potential to increase the mineral resource of the project through continued drilling. We are also very encouraged by preliminary field observations during reconnaissance mapping and sampling of the McFadden and Sly Fox targets which are located to the south and east of the Main and South Zone targets. Satori field personnel have identified mineralised quartz-carbonate-tourmaline veins and stringer sulfide mineralisation similar to what hosts gold mineralization at the Main and South Zone targets. We are very encouraged by the results to date and have delivered on our objectives for our 2021 exploration programme, which was outlined prior to drilling. We see significant potential at Tartan Lake, and we look forward to unlocking this potential through careful, systematic exploration.”

Read the article online at: https://www.globalminingreview.com/exploration-development/10112021/satori-reports-tartan-lake-drilling-results/