The Company embarked on an aggressive 4,500-metre resource extension drilling programme of reverse circulation (RC) and diamond core (DD) holes in
The RC programme has been completed and new results continue to flow from areas beyond the early downplunge intercepts at CIT (ASX announcement on
Commenting on the drilling to date Executive Director
Drilling Status
Current drilling commenced at CIT Prospect in
Forward Programme
The gold assays pending from RAS will determine immediate follow-on drilling targets and requirements. Resource modelling, an extended LiDAR programme and initial metallurgical work are continuing.
Contact:
Richard Keevers
Tel: +61 408 873 353
About
The Bendigo-Ophir resources occur in 3 deposits that are inferred to extend in a northerly direction within the RSSZ which hosts gold mineralization over a recognised strike length of >20km. The RSSZ occurs at the contact with TZ3 and TZ4 schist units separated by a regional fault (Thomsons Gorge Fault-TGF) and dips at a low angle (25-degree) to the northeast. The RSSZ is currently interpreted to have upper shear hosted gold mineralization 10-40 metres in width above quartz vein and stockwork related gold mineralization extending >100 metres below the upper shear which is largely untested down-plunge and at depth.
The Company embarked on diamond drilling (DD) and reverse circulation (RC) drilling programmes in
Forward Looking Statements
Forward-looking statements in this announcement include, but are not limited to, statements with respect to Santana's future plans, strategy, activities, events or developments the Company believes, expects or anticipates will or may occur. By their very nature, forward-looking statements require Santana to make assumptions that may not materialize or that may not be accurate. Although Santana believes that the expectations reflected in the forward-looking statements in this announcement are reasonable, no assurance can be given that these expectations will prove to have been correct, as actual results and future events could differ materially from those anticipated in the forward-looking statements. Accordingly, viewers are cautioned not to place undue reliance on forward-looking statements. Santana does not undertake to update publicly or to revise any of the included forward-looking statements, except as may be required under applicable securities laws.
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