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STA) Experiences Greatest Intercept to Date at Oweegee Dome Copper-Gold Porphyry Undertaking, Golden Triangle BC

Vancouver, British Columbia – December 19, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Sanatana Sources Inc. (TSXV: STA) (“Sanatana”, the “Firm”) is happy to report assays for drill gap OW-2022-08 together with a 112.18 m interval grading 0.17% Cu, 0.22 g/t Au, and 1.10 g/t Ag from 58.4 m depth. Tabulated outcomes are summarized in Desk 1. The Firm has acquired assays for drill gap OW-2022-08 and can launch additional assay outcomes from the steadiness of the 12-hole drill program as soon as acquired and reviewed for QAQC.

Copper and gold equal grades (%CuEq) are for comparative functions solely. Calculations are uncut and restoration is assumed to be 100% as no metallurgical knowledge is offered. Metallic costs are US$3.50/lb copper, US$1,700/ozgold and US$19/ozsilver, utilizing the components: %CuEq = Cu grade + (Au worth x Au grade + Ag worth x Ag grade)/31.104/(Cu worth x 22.046) outcomes rounded to the closest important quantity, two decimal locations.

Buddy Doyle, Sanatana’s President reported, “Oweegee Dome drill gap OW-2022-08 offered direct proof that we’re within the excessive ranges of a copper-gold porphyry system. Specifically, we interpret the upper grades zones as representing high-permeability conduits from depth. Our plans for 2023 embrace drilling these zones together with the just lately outlined IP anomalies (see our information launch of December 12, 2022). Our workforce is keen to check these compelling drill targets in 2023.”

Peter Miles, CEO commented, “We’re happy to report the perfect drill intersection up to now on Oweegee Dome together with higher-grade breccia and epithermal intervals. The 2022 $3.3 million, 3,679 m drill program had three targets, all of which had been achieved: (1) to show that Oweegee Dome is a porphyry system; (2) that it’s able to carrying good grades; and (3) to know and enhance the scale of the system. This system confirms we’re within the larger ranges of a porphyry system, highlighted by the “B” veins, alteration and the higher-grade breccia intervals. The continual core-scanned XRF copper counts and extra mapping, rock chip and soil sampling outcomes, together with the drilling, offers the Firm robust proof that the system is a minimum of 4km throughout. Moreover, we now acknowledge that Oweegee Dome has many traits shared with Teck’s Schaft Creek mission and Seabridge’s Mitchell deposit together with different porphyry copper sources within the Golden Triangle.”

Excessive-grade Intercepts

The assays from OW-2022-08 revealed two larger grade zones outlined as >0.3g/t Au and >0.3% Cu. Each approximate 12m larger grade intervals are inside the broader mineralized copper envelope they usually correspond with extra intense alteration and brecciation. The copper/ gold intercepts additionally exhibit an elemental affiliation of Au-Ag-Cu-Mo-Re-Te. Molybdenum averages 30ppm, max 278ppm, rhenium averages 0.14ppm, most 0.6ppm, and tellurium 3.1ppm, most 11.1ppm

Determine 1. Gap OW-2022-08 at 82m, a part of the 77m to 89m high-grade copper interval referenced above. Observe darkish Gray “B” veins and clots of chalcopyrite, gray breccia fragments texturally destroyed.

Geology

Copper-gold mineralization is hosted in fine-grained, matrix-supported, diorite breccia with, pervasive, phyillic alteration of variable depth. Phyillic alteration assemblage is as sericite, pyrite, and minor quartz. In much less altered intervals, the matrix seems to even be wonderful grained diorite. The extra intense altered intervals there may be full textural destruction, these zones correspond with the upper copper grades. Elevated potassium assays (>2% Ok) corresponds with the copper/ gold mineralized intervals, and this together with petrology suggests the introduction of Ok-feldspar as a part of the alteration bundle. A wonderful stockwork of “B” kind veins are famous within the copper mineralized intervals. Drill gap OW-2022-08, lower throughout the mineralized altered intrusions and breccias and drilled into unaltered nation rock of Stuhini Group volcanics and mudstones, finishing at a depth of 339m.

Our work up to now has fully revised the geology of Oweegee Dome. Beforehand, all rocks had been thought of to be the much less potential Jurassic Hazelton Group with no intrusives mapped. Now with age relationship, mapping and drilling, we all know that our mission at Oweegee Dome has an space of a number of altered intrusives inside the Triassic Stuhini Group, which hosts all of the porphyry copper-gold mineralization within the Golden Triangle.

Gold Halo

It’s noteworthy that each one the copper intercept is nested in a bigger halo of gold and silver mineralization as listed in Desk 2.

This sample was additionally famous within the historic holes.

For the reason that gold/silver halo is bigger than the copper zone, it may be used to information future drilling. The alteration model is in keeping with being within the higher ranges of a porphyry system with a excessive chance of discovering the bigger larger grade copper mineralization at average depths. Future drilling will embrace systematic follow-up of the copper zone reported right here to higher depths.

Epithermal Gold

There may be one 4 m intercept of gold and silver that’s not related to copper/ molybdenum and which happens in a much less altered intrusive in OW-2022-08. This interval seems to be epithermal mineralization differing from the opposite porphyry-style mineralization encountered within the gap. Desk 3 summarizes metallic values. The comparatively excessive worth of silver and telluride recommend that gold may be current as a telluride presumably sylvanite.

Among the historic drilling additionally report related zones of doable epithermal gold in DC96-02, from 21.69 m to 26.95 m, 5.26 m at 1.46 g/t Au and from DC07-01, 1.57 m grading 1.75g/t Au from 41.45 m to 43.02 m. These occurrences additionally assist the working mannequin that copper-gold mineralization at Oweegee Dome is within the higher a part of a porphyry system: the mannequin permits for epithermal model mineralization in higher areas.

Determine 2. Gap OW-2022-08 at 35.5m, images of the epithermal model gold zone, corresponds with silica flooding, and elevated sulphides.

GeologicAI XRF Core Logging

Sanatana retained the providers of GeologicAI to scan and {photograph} the drill core. The scanning included a steady 2cm large XRF beam and short-wave infrared (“SWIR”) imagery, permitting Sanatana to match this data with the assays. The Cu counts from the XRF present a one-to-one correlation between the copper and the Firm’s assay outcomes. This supplies excessive confidence that the excessive XRF copper counts from different drill holes, the place assays are awaited, may even give >0.1% copper outcomes. Elevated XRF copper counts had been recorded in zones inside drill holes 4, 5, 6, 7, 9, 10 and 12, making it possible that assays from these corresponding intervals might be beneficial. Full outcomes are anticipated by mid-January 2023.

Wanting on the core logs and the alteration as outlined by the SWIR imagery, the copper zones happen in two modes. People who have monomictic breccias and alteration much like OW-2022-08 and a second model that’s hosted in a polymictic breccia which has sulphides within the matrix and notable potassically altered fragments with outstanding “B” and “D” veins with chalcopyrite. These fragments are clearly being sampled by the hydrothermal breccia occasions from higher depths and supply proof of the higher-grade potassic zones that possible exist at depth.

Determine 3. Plan view proper, drill hint of OW-2022-08 on topography, with 3D view of IP response. Cross part view wanting west. IP isoshells additionally depicted. Inexperienced hint are histograms of the copper assays, purple hint is the Cu XRF scan. Observe the one-to-one correspondence.

Determine 4. DDH OW2022-05: 171.2 m: clast of intrusion with pyrite-molybdenite-chalcopyrite and ample mm-scale ‘B’ veinlets inside clast-supported polymictic breccia

QC/QA Assertion and Certified individual

Diamond noticed cut up samples had been despatched to MSA laboratory Terrace prep lab by chain of custody. After preparation the samples are despatched to MSA laboratories at Langley an ISO 9000 registered lab. Pulps from the core are hearth assayed for gold with an ICPMS, 30g aliquots, end and for 56 multi-elements utilizing ICP utilizing a separate 30g aliquot, 4 acid digestion.

Sanatana makes use of unbiased requirements to examine the assays course of, it needs to be famous that the one of many requirements for this gap returned a outcomes greater than 2 normal deviations from the anticipated imply, with the lab below reporting the gold worth for the usual. The Firm has requested this batch to be re-run.

The technical data on this information launch was ready below the supervision of Buddy Doyle B.App Sc Geology, MAUSIMM. Mr. Doyle is a Certified Individual for the needs of Nationwide Instrument 43-101 – Requirements of Disclosure for Mineral Initiatives and has reviewed and accredited the technical data disclosed on this information launch.

In regards to the Firm

Sanatana Sources Inc. is a mineral exploration and improvement firm targeted on high-impact properties in Canada. With an award-winning technical workforce and skilled administration and board of administrators, Sanatana relies in Vancouver and is listed on the TSX Enterprise Alternate (TSXV: STA).

Sanatana’s principal mission is the Oweegee Dome copper-gold porphyry property which is located 40 km east of the KSM – Brucejack – Treaty Creek cluster of base and treasured metallic deposits and is underlain by related geologic circumstances, Stuhini (Triassic age) host rocks, intrusions of the correct age, alteration and porphyry model copper/gold moly mineralization.

SANATANA RESOURCES INC.

(signed) “Peter Miles”

Peter Miles
Chief Government Officer

For added data on the Firm, please contact Mr. Peter Miles, Chief Government Officer at (604) 408-6680 or electronic mail investor@sanatanaresources.com.

To be added to the e-mail distribution record, please electronic mail ir@sanatanaresources.com with “Sanatana” within the topic line.

Cautionary Assertion Concerning “Ahead-Wanting” Data

This information launch consists of “forward-looking statements” and “forward-looking data” inside the which means of Canadian securities laws. All statements included on this information launch, apart from statements of historic truth, are forward-looking statements together with, with out limitation, statements associated to the Firm’s exploration program for Oweegee. For example, the Firm has in contrast drill outcomes to the theoretical geological mannequin complied by the trade and academia for porphyry copper methods. Though the consensus is that the geology suits the mannequin, there will be no assure that the system is financial. Many components contribute to this, particularly that not all porphyry methods carry economically minable grades. The Firm refers to XRF copper values as indicating copper mineralization that are given as a information solely. Precise copper mineralization intervals should await assays.

Ahead-looking statements and knowledge will be recognized by means of phrases akin to “plans”, “expects”, “intends”, “is anticipated”, “potential”, “suggests” or variations of such phrases or phrases, or statements that sure actions, occasions or outcomes “might”, “might”, “ought to”, “would”, “may” or “will” be taken, happen or be achieved. Ahead-looking statements and knowledge should not historic info and are topic to plenty of dangers and uncertainties past Sanatana’s management. Precise outcomes and developments are more likely to differ, and should differ materially, from these expressed or implied by the forward-looking statements contained on this information launch. Accordingly, readers shouldn’t place undue reliance on forward-looking statements. The Firm undertakes no obligation to replace publicly or in any other case revise any forward-looking statements, besides as could also be required by regulation.

Neither TSX Enterprise Alternate nor its Rules Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.

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