Satori Resources (TSXV: BUD) drilled the second highest grade in Tartan Lake history as it wrapped up phase one drilling at its 100%-owned property 12 km northeast of Flin Flon in Manitoba.
Drillhole TLMZ21-12 intersected 5.8 metres averaging 47.56 grams gold per tonne in the HW zone within a broader interval of 12.6 metres at 23.76 grams gold per tonne. It also intersected 1.6 metres of 7.25 grams gold per tonne in the Main zone.
Hole TLMZ21-11 intersected 5.3 metres averaging 2.25 grams gold in the HW zone followed by 2.1 metres at 8.87 grams gold in the Main zone.
The company says the discovery indicates the presence of a new zone of mineralization, sub-parallel to the Main zone. Both holes 11 and 12 targeted the down plunge continuation of the Main zone about 100 metres west of hole TMLZ21-01 and 75 and 150 metres below the historic hole that defined the limited of the resources.
Satori became the owner of the Tartan Lake property in 2012. It includes the former Tartan Lake gold mine, a 450-tonne per day concentrator, and 2,100 metres of underground development. While in production from 1987 to 1989, it produced 47,000 oz. of gold.
Existing development at the Tartan Lake gold mine in Manitoba. Credit: Satori Resources.
Current resources are estimated to include 1.2 million indicated tonnes grading 6.32 grams gold per tonne for 240,000 contained oz. and 240,000 inferred tonnes grading 4.89 grams gold for 24,000 contained oz., using a 3 gram per tonne cut-off grade.
The Tartan Lake property has a strong east-west striking shear zone that can be traced for over ten km across the entire claim group. The shear zone defines the contact between the footwall intrusive rocks to the south and the hanging wall rock of the Flin Flon assemblage to the north. The shear zone varies between 30 and 50 metres in width with multiple quartz carbonate veins within it.
Be the first to comment on "Satori cuts 5.8 metres of 47+ grams gold in new zone at Tartan Lake"