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Satori Extends Main Zone 200 Metres, Intersecting 6.9 g/t Au over 5.0 Metres
V.BUD | August 11, 2021
Toronto, Ontario--(Newsfile Corp. - August 11, 2021) -
https://www.newsfilecorp.com/release/92807
Satori Resources Inc. (TSXV: BUD) ("Satori" or the "Company") is
pleased to report final results from the Phase One drill program at its
100%-owned Tartan Lake Project, Flin Flon, Manitoba.
TLMZ21-04 intersected 6.90 g/t Au over 5.0 metres;
TLMZ21-02 intersected 5.88 g/t over 3.4 metres;
Overall, five of six holes planned were completed, four of which intersected typical quartz-carbonate-tourmaline veining typical of the Main Zone mineralization;
These latest results expand upon and confirm the results of hole TLMZ21-01 (9.73 g/t Au over 4.15 metres), indicating that the Main Zone remains open at depth offering immediate potential to increase the mineral resources through further drilling; and
The Company advises that the Phase 2 program at Tartan Lake has commenced.
Jennifer Boyle, Chief Executive Officer commented, "The Phase 1 results clearly demonstrate that the Main Zone continues to depth and offers an immediate opportunity to increase the mineral resources at Tartan Lake with additional drilling. Our fully-funded Phase 2 drill program is currently underway and our initial target will be the South Zone where we plan to test additional interpreted structural trends near surface where there are gaps in the current drill pattern. Additional holes targeting the Main Zone are planned but drilling the near-surface mineralization at the South Zone is our initial Phase 2 target. We also plan to commence reconnaissance field work on select geophysical targets outside the mine area once the forest fire situation is under control in northern Manitoba."
https://www.newsfilecorp.com/release/92807
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http://www.satoriresources.ca
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Satori Resources (TSXV:BUD) announces closing of private placement offering
Mining
CDX:BUD $7.37M
John Ballem
john.ballem@themarketherald.ca
28 June 2021 15:30 (EDT)
https://themarketherald.ca/satori-resources-announces-closing-of-private-placement-offering-2021-06-28/?utm_source=stockhouse.com&utm_medium=widget&utm_campaign=stockhouse.com%7Cwebpart_news%7Cquote_tab
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Rights, Liberty and Freedom -
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$Satori Intersects 4.15 Metres Averaging 9.73 g/t Au at Tartan Lake
Toronto, Ontario – June 14, 2021 –
https://satoriresources.ca/intersects-4-15-metres-averaging-9-73-g-t-au-at-tartan-lake/
Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is
pleased to report results from TLMZ21-01, the initial hole of an
ongoing 3,000 metre drill program at its 100% owned
Tartan Lake Project near Flin Flon, Manitoba.
Quartz-carbonate-tourmaline veining assayed 9.73 g/t Au over
4.15 metres;
Sheared volcanoclastic host assayed 3.58 g/t Au over 13.00 metres;
TLMZ21-01 extended the Main Zone over 200 metres down plunge;
Mineralization remains open at depth along plunge; and
Drilling is ongoing.
TLMZ21-01 was the initial pilot hole targeting the Main Zone trend at
depth.
It intersected the Main Zone 100 metres east of the centreline of the
interpreted plunge of the mineralization,
approximately 200 metres below historical drill hole
NAP271W4 which returned 4.55 metres averaging 7.96 g/t Au (Ref.
Figure 1.0).
The intercept occurs at a depth of approximately 750 metres from
surface and represents the deepest intercept to date at Tartan Lake.
Results are summarized in Table 1.0 and in Figure 1.0 below.
https://satoriresources.ca/intersects-4-15-metres-averaging-9-73-g-t-au-at-tartan-lake/
Satori Appoints Ron Stewart as Technical and Corporate Advisor
May 12, 2021
Toronto, Ontario — March 30, 2021 –
Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased
to announce that the review and advanced processing of historical
geophysical data is complete, and a number of prospective geophysical
targets have been identified for follow up and field verification
during this upcoming field season.
https://satoriresources.ca/news-2021/
Satori Completes First Deep Pilot Drill Hole at Tartan Lake
May 10, 2021
Toronto, Ontario — March 30, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the review and advanced processing of historical geophysical data is complete, and a number of prospective geophysical targets have been identified for follow up and field verification during this upcoming field season.
Satori Commences Drilling at Tartan Lake
April 19, 2021
Toronto, Ontario — March 30, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the review and advanced processing of historical geophysical data is complete, and a number of prospective geophysical targets have been identified for follow up and field verification during this upcoming field season.
Satori Identifies Priority Exploration Targets at Tartan Lake
March 30, 2021
Toronto, Ontario — March 30, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the review and advanced processing of historical geophysical data is complete, and a number of prospective geophysical targets have been identified for follow up and field verification during this upcoming field season.
Satori Sets April Start Date for Diamond Drill Program at Tartan Lake
March 18, 2021
Toronto, Ontario – March 18, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the phase 1 drilling program has been approved for the Company’s 100% owned Tartan Lake Gold Project near Flin Flon Manitoba.
Satori Receives Work Permit for Drilling at the Tartan Lake Gold Mine Project
February 26, 2021
Toronto, Ontario — February 26, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that it has received the permits required to commence drilling at the Company’s wholly-owned Tartan Lake Gold Mine Project near Flin Flon, Manitoba.
Satori Resources Boosts Team
February 23, 2021
Toronto, Ontario — February 23, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that Jeff Ackert, BSc., a seasoned geologist who has held senior positions with numerous publicly listed exploration and development companies, has joined Satori’s technical team.
SATORI RESOURCES UPDATE – ACCELERATING INTO 2021 WITH THE TARTAN LAKE GOLD MINE PROJECT
February 5, 2021
Toronto, Ontario – February 5, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the unique market trends throughout 2020 provided Satori with the opportunity to accentuate the potential that lies within the Company’s wholly-owned Tartan Lake Gold Mine Project near Flin Flon, Manitoba.
https://satoriresources.ca/news-2021/
https://satoriresources.ca/projects/tartan-lake-gold-project/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163404085
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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
Satori Appoints Ron Stewart as Technical and Corporate Advisor
May 12, 2021
Toronto, Ontario — March 30, 2021 –
Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased
to announce that the review and advanced processing of historical
geophysical data is complete, and a number of prospective geophysical
targets have been identified for follow up and field verification
during this upcoming field season.
https://satoriresources.ca/news-2021/
Satori Completes First Deep Pilot Drill Hole at Tartan Lake
May 10, 2021
Toronto, Ontario — March 30, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the review and advanced processing of historical geophysical data is complete, and a number of prospective geophysical targets have been identified for follow up and field verification during this upcoming field season.
Satori Commences Drilling at Tartan Lake
April 19, 2021
Toronto, Ontario — March 30, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the review and advanced processing of historical geophysical data is complete, and a number of prospective geophysical targets have been identified for follow up and field verification during this upcoming field season.
Satori Identifies Priority Exploration Targets at Tartan Lake
March 30, 2021
Toronto, Ontario — March 30, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the review and advanced processing of historical geophysical data is complete, and a number of prospective geophysical targets have been identified for follow up and field verification during this upcoming field season.
Satori Sets April Start Date for Diamond Drill Program at Tartan Lake
March 18, 2021
Toronto, Ontario – March 18, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the phase 1 drilling program has been approved for the Company’s 100% owned Tartan Lake Gold Project near Flin Flon Manitoba.
Satori Receives Work Permit for Drilling at the Tartan Lake Gold Mine Project
February 26, 2021
Toronto, Ontario — February 26, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that it has received the permits required to commence drilling at the Company’s wholly-owned Tartan Lake Gold Mine Project near Flin Flon, Manitoba.
Satori Resources Boosts Team
February 23, 2021
Toronto, Ontario — February 23, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that Jeff Ackert, BSc., a seasoned geologist who has held senior positions with numerous publicly listed exploration and development companies, has joined Satori’s technical team.
SATORI RESOURCES UPDATE – ACCELERATING INTO 2021 WITH THE TARTAN LAKE GOLD MINE PROJECT
February 5, 2021
Toronto, Ontario – February 5, 2021 – Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”) is pleased to announce that the unique market trends throughout 2020 provided Satori with the opportunity to accentuate the potential that lies within the Company’s wholly-owned Tartan Lake Gold Mine Project near Flin Flon, Manitoba.
https://satoriresources.ca/news-2021/
https://satoriresources.ca/projects/tartan-lake-gold-project/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163404085
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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
$Satori Commences Drilling at Tartan Lake
https://satoriresources.ca/satori-commences-drilling-at-tartan-lake/
Toronto, Ontario – April 19, 2021 –
Satori Resources Inc. (TSXV: BUD) (“Satori” or the “Company”)
is pleased to announce that diamond drilling has commenced on the first
hole of an initial 3,000m diamond drill program, testing the down-
plunge extension of the Main Zone, at Satori’s 100% held
Tartan Lake Gold Mine Project, Flin Flon, Manitoba.
Hole TLMZ21-01 is planned to intersect the Main Zone at a vertical depth of 600m, approximately 25 meters west of the previously drilled section. Hole NAP271W4, one of the most westerly holes drilled on Section 324325E intersected 7.96 g/t Au over 2.3m (true width). The Main Zone was developed and mined from surface to the 300 metre level in the mid 1980s prior to mining being suspended due to a declining gold price. This drill program is designed to expand the Main Zone mineralization at depth, in advance of an updated mineral resource estimate.
In preparation for this drilling campaign, Satori engaged Manitoba based geologist Rory Krocker, B.Sc., to perform a ground reconnaissance program in late 2020, and Rory is currently at site managing this drill program. Jeff Ackert, project manager (see news release February 23, 2021), is co-ordinating the details of the program between field and office.
The application of modern, leading edge geophysical analyses undertaken by Jeremy S. Brett, M.Sc., P.Geo. in late 2020 and early 2021 enabled Wes Hanson P.Geo., Satori’s Lead Technical Director, to select drill targets offering the greatest potential to quickly expand the current mineral resource. The property further offers excellent discovery potential from a number of nearby surface targets identified from past prospecting, most of which have seen limited drilling. The last significant regional-scale exploration was conducted in the mid to late 1980s, and Satori believes that modern geophysics will generate additional targets within the claim package.
Jennifer Boyle, Chief Executive Officer, states “Our initial drilling will focus on the near term resource expansion potential offered by the down plunge continuation of the high grade Main Zone target. Once we have evaluated the Main Zone target, we plan to shift our focus to the adjacent South Zone mineralization, less than 100 meters away from the historical ramp development. Depressed gold prices (below USD$375) and mechanical issues (processing) led to the early closure at Tartan Lake (1989), leaving significant infrastructure in place. With demonstrated potential to host high grade mineralization, a favourable jurisdiction, road accessible exploration and a seasoned technical team, Satori is poised to reinvigorate the Tartan Lake property and generate stakeholder value.”
The drilling is expected to continue through to the end of May, 2021.
Wes Hanson P.Geo., Director of Satori, is the qualified person who has reviewed and approved the contents of this press release.
Figure 1: Setting up the drill for hole TLMZ21-01 at Satori’s Tartan Lake Gold Project
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3276/80833_satori1enhanced.jpg
ABOUT SATORI RESOURCES INC. (TSXV: BUD)
Satori is a Toronto-based mineral exploration and development company
whose primary property is the past producing
Tartan Lake Gold Mine Project, located in the prolific
Flin Flon Greenstone Belt, Manitoba.
Recently Satori acquired New Delhi Project, an advanced polymetallic
gold project in the Sudbury Mining District, Ontario.
The Tartan Lake Project (2,670 Ha.)
is located approximately 12 kilometres northeast of Flin Flon,
Manitoba, and includes
The Tartan Lake Mine (1986-1989);
which produced 36,000 ounces of gold from 250,000 tonnes of ore feed.
Remaining infrastructure includes: all season access road, grid
connected power supply, mill, mechanical, warehouse and office
buildings, tailing impoundment and a 2,100 metre decline and developed underground mining galleries to a depth of 300 metres from surface.
Gold mineralization is associated with anastomosing quartz-carbonate
veins hosted in east-west striking, steeply dipping shear zones up to
30 metres in width.
The veins vary from several centimetres to several metres in width and
gold grades vary from 1.0 to +100 g/t.
Mineralization at the mine is currently drill limited and open at
depth.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Jennifer Boyle, B.A., LL.B.
President and Chief Executive Officer
Satori Resources Inc.
(416) 904-2714
jennifer@capexgroupinc.com
Mr. Pete Shippen
Chair
Satori Resources Inc.
(416) 930-7711
pjs@extramedium.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of Satori contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Satori’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
https://satoriresources.ca/satori-commences-drilling-at-tartan-lake/
https://satoriresources.ca/wp-content/uploads/2021/03/PowerPoint-Presentation-_-BUD-March-2021.pdf
https://satoriresources.ca/
http://www.metalsnews.com/catalog/items/1138568/006.jpg
http://www.metalsnews.com/Metals+News/MetalsNews/Dr.+Allen+Alper,+PhD+Economic+Geology+and+Petrology,+Columbia+University,+NYC,+USA/FEATURED1138568/Interview+with+Will+Ansley+President+and+CEO+of+Satori+Resources+Inc+(TSXVBUD+PastProducing+HighGrade+Tartan+La.htm
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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
Satori Resources - Environmental Studies Underway Alongside Exploration
https://finance.yahoo.com/news/satori-resources-environmental-studies-underway-135200714.html
SATORI RESOURCES APPOINTS WES HANSON AND DOUG FLEGG TO THE TARTAN LAKE GOLD MINE PROJECT TEAM
https://www.stockwatch.com/News/Item?bid=Z-C%3aBUD-2935472&symbol=BUD®ion=C
STRRF News: SATORI UNDERTAKES GRAVITY CONCENTRATION TESTING ON TAILINGS
https://www.stockwatch.com/News/Item?bid=Z-C%3aBUD-2842302&symbol=BUD®ion=C
STRRF: Canaccord Genuity Engaged as Financial Advisor
TORONTO, Nov. 26, 2019 (GLOBE NEWSWIRE) -- Satori Resources Inc. (TSXV:BUD) (“Satori” or the “Company”) announces that, in response to interest received from multiple third parties, the board of directors commenced a process to explore strategic alternatives in order to maximize shareholder value. The Company has therefore engaged Canaccord Genuity Corp. (“Canaccord”) as its financial advisor in connection with this process. Canaccord is an independent, global, full-service investment bank, and has significant experience and exposure to the mining sector, which will be instrumental in these efforts.
Pete Shippen, Chairman, states, “Our board of directors has determined that it is prudent to undertake this review with the objective of identifying the best strategy to maximizing shareholder value. We look forward to working closely with Canaccord and believe that their expertise in mining and their global reach make them ideally positioned to assist the Company in this regard.”
To date, there has been no decision to enter into an agreement with any third party, and there can be no assurance that a transaction may be completed through this process.
ABOUT SATORI RESOURCES INC.
Satori is a Toronto-based mineral exploration and development company whose primary property is the Tartan Lake Gold Mine Project (100% interest), located in the prolific Flin Flon mining district, in Manitoba, Canada. The Tartan Lake Gold Mine had historical high-grade production of 48,000 ounces of gold between 1987-1989. The Project hosts a largely intact 450 tonne per day gold concentrator and related infrastructure, along with a decline ramp providing access to developed gold mineralization within the Main and South Zones to a vertical depth of 320 metres.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Pete Shippen
Chair, Satori Resources Inc.
pjs@extramedium.ca
416-930-7711
Jennifer Boyle
President and Chief Executive Officer, Satori Resources Inc.
jennifer@capexgroupinc.com
416-904-2714
For further information, please visit www.satoriresources.ca.
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of Satori contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Satori’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
https://web.tmxmoney.com/article.php?newsid=8391472360323903&qm_symbol=BUD
Knock knock... anybody home?
https://finviz.com/futures_charts.ashx?p=d1&t=GC
STRATALINE
Jennifer Lomax
CO-FOUNDER & CEO
A structured thinker by training and an energetic problem solver by nature, Jennifer excels at simplifying the complex and helping teams of all shapes and sizes determine how to achieve better results.
In hindsight, partnering with her mentor, Doug Emerson, to launch Strataline Experts Ltd. was a decision ten years in the making.
Having first worked with Doug in 2007, fresh out of the Ivey honours business program, the fundamentals of design, facilitation and organization effectiveness colour everything Jennifer does. Now, after an MBA, fortune 500 client-side experience and progressive strategic planning roles in management consulting and marketing, Jen has followed her calling – to leverage her unique skills and experience to help leaders build more effective organizations.
https://stratalineexperts.com
Satori director Shippen acquires 3.8 million units
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aBUD-2701012&symbol=BUD®ion=C
Satori completes private placement, adds Lomax to board
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aBUD-2700973&symbol=BUD®ion=C
What's happening here? Up .02 almost?
Hmmmm
ABOUT SATORI RESOURCES INC.
Satori is a Toronto-based mineral exploration and development company whose primary property is the Tartan Lake Gold Mine Project (100% interest), located in the prolific Flin Flon mining district, in Manitoba, Canada. The Tatran Lake Gold Mine had historical high-grade production of 48,000 ounces of gold between 1987-1989. The Project hosts a largely intact 450 tonne per day gold concentrator and related infrastructure, along with a decline ramp providing access to developed gold mineralization within the Main and South Zones to a vertical depth of 320 metres.
Bids coming back here, raising fast
TSX $BUD
USOTC $STRRF .084/.088
Mr. James Macintosh has been appointed a director of the Company
https://web.tmxmoney.com/article.php?newsid=6826211938154381&qm_symbol=BUD
STRRF chart: https://web.tmxmoney.com/charting.php?qm_symbol=BUD
STRRF latest news: https://web.tmxmoney.com/news.php?qm_symbol=BUD
STRRF TSX info here: https://web.tmxmoney.com/quote.php?qm_symbol=bud
STRRF DD links:
Satori Increases Indicated Mineral Resources by 135% to 240,000 oz Gold at 6.32 g/t at Tartan Lake
http://www.satoriresources.ca/news/2017-02-23_NR.pdf
Great DD available in this April 2017 presentation:
http://www.satoriresources.ca/presentations/Satori%20Ppt_April%202017.pdf
TSX Venture exchange ticker symbol BUD
28M O/S market cap under $10M
http://web.tmxmoney.com/quote.php?qm_symbol=bud
STRRF junior gold miner CEO interview (interviewer starts in German but CEO answers in English):
PP closed this week herel more exploration coming. Hopefully they discover a big gold deposit. STRRF
Satori Increases Indicated Mineral Resources by 135% to 240,000 oz Gold at 6.32 g/t at Tartan Lake
http://mobile.tmxmoney.com/quote/readnews/?id=4721093854087633&symbol=BUD
Satori Intersects 10.88 g/t Gold Over 13.1 metres, and 9.99 g/t Au Over 11.2 metres Outside the Known Mineral Resource Boundary
TORONTO, ONTARIO--(Marketwired - Dec. 7, 2016) - Satori Resources Inc. (TSX VENTURE:BUD) ("Satori" or the "Company") is pleased to announce that diamond drilling has intersected two broad zones of high-grade gold mineralization near existing underground development and historical stopes at the Tartan Lake Gold Mine Project ("Tartan Lake Project" or "Tartan Lake") in Flin Flon, Manitoba, Canada.
Highlight assay results include:
TL16-01 (Main Zone): 10.88 grams per tonne of gold ("g/t Au") over 13.1 metres and 9.99 g/t Au over 11.2 metres
TL16-04 (South Zone): 10.28 g/t Au over 5.1 metres
TL16-06 (Main Zone): 3.56 g/t Au over 8.2 metres
Will Ansley, President and CEO of Satori, commented: "These drill results demonstrate both the high-grade nature of the deposit as well as the exploration potential of Tartan Lake. The two zones intersected in hole TL16-01 appear wider than the original stopes mined between 1987-1989, and are located approximately 20 metres below existing underground development. Having high-grade intercepts and widths within close proximity to existing underground infrastructure is a key strategic advantage for Satori."
Drillhole TL16-01 (Figure 3), located on section 2030E in the Main Zone, was drilled to verify and possibly expand the existing resource model. TL16-01 successfully intersected 10.88 g/t Au over 13.1 metres (within the existing resource model) and a second zone of 9.99 g/t Au over 11.2 metres (below and outside the existing resource model). TL16-01 was located within approximately 20 metres of existing underground development and approximately 30 metres east of hole NAP114 which intersected 20.93 g/t Au over 8.2 metres.
Drillhole TL16-04 (Figure 4), located on section 2300E in the South Zone, successfully intersected 10.28 g/t Au over 5.1 metres within the current mineral resource model. TL16-04 was located approximately 20 metres down and east of hole NAP283 which intersected 7.94 g/t over 3.0 metres and 8.19 g/t Au over 5.0 metres as well as approximately 10 metres west (at the same elevation) of NAP292 which intersected 9.10 g/t Au over 8.5 metres.
Drillhole TL16-06 (Figure 5), located on section 2115E in the Main Zone, was drilled to verify and possibly expand the existing resource model. TL16-06 successfully intersected a zone of 3.56 g/t Au over 8.2 metres (above and outside the existing resource model).
The 2016 exploration program at Tartan Lake commenced in late October and consisted of 6 diamond drill holes totaling 1,600 metres. The limited program was designed to verify the historic drill results, and test the extension of known gold mineralization. Two of the holes intersected underground workings and were stopped short of the targeted zones. The drill remains on-site and will be remobilized in 2017.
Please see Tables 1 and 2 at the end of the news release for assay results and locations for the drilling program. Figures 1 and 2 displays the location of the Tartan Lake Project and the plan view of the drilling program, respectively. Figures 3, 4 and 5 show the underground sections of the drilling program.
Technical Information
The Satori surface exploration drilling was conducted by BlackHawk Drilling of Smithers, British Columbia, and carried out under the supervision of Peter Karelse P.Geo., registered in the Province of Ontario, a Geological Consultant, who is a qualified person as defined by NI 43-101. Mr. Karelse has more than 30 years of experience in gold exploration and development. All technical information in this press release has been reviewed and approved by Mr. Karelse.
Samples were transported directly in secure containers from the Satori site in Flin Flon Manitoba, to the TSL Laboratories in Saskatoon, Saskatchewan. TSL, which is an accredited ISO/IEC 17025 lab assayed the samples using standard fire assay methods with a gravimetric finish. Certified standards are placed in the sample stream at a rate of one standard per 20 samples. Certified blanks are placed in the sample stream at a rate of one blank every 40 samples.
ABOUT SATORI RESOURCES INC.
Satori is a Toronto-based mineral exploration and development company whose primary property is the Tartan Lake Gold Mine Project (100% interest), located in the prolific Flin Flon mining district, in Manitoba, Canada. The Tartan Lake Gold Mine had historical high-grade production of 48,000 ounces of gold between 1987-1989. The Project hosts a largely intact 450 tonne per day gold concentrator and related infrastructure, along with a decline ramp providing access to developed gold mineralization within the Main and South Zones to a vertical depth of 320 metres.
For further information, please visit www.satoriresources.ca.
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of Satori contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Satori's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
Table 1. Indicates selected results from the first four drill holes (uncut), with assays pending on two holes
Drill Hole From Interval Gold
Assay g/t
x m Vertical
Depth Interpreted
Zone
Metre Metre Metres(1) g/t Au(2) Metres(3)
TL16-01 349.7 362.8 13.1 10.88 142.7 322 Main Zone
incl. 349.7 351.2 1.5 10.12 15.1 317 Main Zone
incl. 353.7 358.7 5.0 24.05 120.2 322 Main Zone
377.1 388.3 11.2 9.99 111.9 344 Main Zone
TL16-02 299.0 300.0 1.00 7.06 6.7 266 Main Zone
* Hole stopped short of zone, intersected underground workings
TL16-03 193.0 194.2 1.2 3.80 4.6 161 Main Zone
* Hole stopped short of zone, intersected underground workings
TL16-04 122.3 127.3 5.1 10.28 51.9 104 South Zone
Incl.125.3 127.3 2.0 24.42 48.9 106 South Zone
136.4 141.5 5.1 4.90 25.0 118 South Zone
166.0 167.0 1.0 4.87 4.9 143 South Zone
TL16-05 18.3 19.4 1.1 5.56 6.2 20 South Zone
170.3 173.3 3.0 4.57 13.7 143 South Zone
184.6 185.8 1.2 4.18 5.0 155 South Zone
TL16-06 120.5 128.7 8.2 3.56 29.2 102 Main Zone
Incl. 120.5 121.4 0.9 16.05 14.6 110 Main Zone
Table 2. Collar and drill hole locations
HOLE-ID LOCATION
X LOCATION
Y LOCATION
Z LENGTH UTMX UTMY AZIMUTH DIP
TL16-01 2026.76 5101.03 2010.50 411.48 324447.9 6082275.2 178 -71.91
TL16-02 2037.74 5093.99 2007.30 304.80 324460.6 6082272.4 180 -67.31
TL16-03 2145.00 5051.84 2016.40 298.70 324575.4 6082270.0 180 -65
TL16-04 2301.02 4756.71 2016.5 181.00 324823.2 6082048.0 361 -71.6
TL16-05 2330.52 4730.91 2015 198.12 324859.5 6082034.0 359 -64.4
TL16-06 2120.22 4994.23 2011.60 173.73 324572.1 6082207.6 180.5 -65
(1) Intervals are presented in core length; true width unknown at this time
(2) For known mineralized zones, intervals are based on geological observations and limited compositing of veins. Assays presented are not capped. Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time
(3) Vertical depth is measured from the surface to the mid-point of the reported interval
To view Figures 1, 2, 3, 4, and 5, please visit the following link: http://media3.marketwire.com/docs/Satori_Figures_1-5.pdf
Will Ansley
Chief Executive Officer
Satori Resources Inc.
wansley@satoriresources.ca
www.satoriresources.ca
http://web.tmxmoney.com/article.php?newsid=7483986493086739&qm_symbol=BUD
STRRF im back in here, speculation play, huge upside potential with a legit TSX listed stock, ripe for huge merger/acquisition play in cannabis sector IMHO
Whomever purchased this today just donated.
STRRF one for 10 reverse split:
http://otce.finra.org/DLSymbolNameChanges
Is this a good stock?
Heavy Sarcasm.
Nope. Forget the greenhouse . Back to gold mining. http://www.satoriresources.ca/
Is This The New Companies Website?
COC = Cannabis Oil Company
http://www.cannabisoilcorp.org/
Satori Resources Inc. Announces LOI to Acquire COC Greenhouses Inc., $1,000,000 Private Placement, Spin-Out of Mining Assets and Proposes and a 15:1 Share Consolidation
Read more at http://www.stockhouse.com/news/press-releases/2014/12/02/satori-resources-inc-announces-loi-to-acquire-coc-greenhouses-inc-1-000-000#Vl6qJocXU6WWAyeu.99
In that case , if you haven't already read it,
Can a little company with a blank canvas be turned into a big player through Moneyball moves? Giving it a shot.
(I've placed this in the opinion section rather than news because it goes deep on a company in way that varies from the usual medical marijuana update format)
For the last few weeks, whenever I talk to a broker or a weed company exec, and I've talked to a ton of those types of late, I'm asked the same question; “What’s with you and Satori Resources (TSX:V.BUD, Stock Forum)?”
Read more at http://www.stockhouse.com/opinion/independent-reports/2014/08/12/medical-marijuana-update-the-satori-case-study#lsz0ZBXj28mvZTQs.99
thanks i just read CHris Parry's comments too
LOL
Word is it's take a lot of time , has been done very carefully and is a Reverse Take Over . Marijuana.
some shares actually traded up...whoopie..
Satori should work to get this tracking stock off the grey market
same here... and adding here and there. did you see that latest NR about closing 2 deals in the next 8 weeks... very interesting imo
Still sitting on this..STRRF
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