Resource extension drilling since
Drilling is continuing to expand the resource potential beyond this new 1.9Moz MRE platform and results such as those from MDD051 and MDD054 at RAS add considerable momentum to potential RAS resource growth
Commenting on the results Executive Director
MDD054 and MDD051 intercepts have an 80 metre NNE-SSW separation and form a significant high-grade zone at
Key Conclusions & Forward Programme
The exceptional MDD054 'jewellery box' mineralisation together with the impressive MDD051 intercept are building on a high-grade zone in the south-east sector of the RAS shoot. These twin results bolster the 2022 MRE domains and grade in this area with further eastern extensions possible for the RAS shoot which already extends 1,500m down-plunge from outcrop and remains open to the north. Extension diamond drilling is continuing at the RAS deposit and once the limits of mineralisation are defined a series of drillholes are planned at the southern shallower RAS Ridge Area for optimisation of future in-fill drilling. Reconnaissance drillholes are also in progress to test the down plunge extensions of the SHR deposit (the largest surface footprint of the 3 main deposits). Drilling will be accelerated in September with the addition of an RC rig to further advance on recent drilling results that have added continuing weight to the RSSZ multi-million-ounce system potential.
Contact:
Tel: +61 408 873 353
Email: rkeevers@westnet.com.au
Forward Looking Statements
Forward-looking statements in this announcement include, but are not limited to, statements with respect to Santana's 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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