TORONTO, ONTARIO--(Marketwired - June 13, 2017) - Satori Resources Inc. (TSX VENTURE:BUD) ("Satori" or the "Company") has commenced diamond drilling at the Company's 100% owned Tartan Lake Gold Mine Project ("Tartan Lake" or the "Project") located in Flin Flon, Manitoba. The purpose of the drill program is to extend and expand the known high-grade gold mineralization.
Will Ansley, President and CEO of Satori commented: "The initiation of the Company's 2017 Exploration Program is an important and exciting step as we look to expand the existing high-grade gold resources at Tartan Lake."
The 2017 Exploration Program will consist of approximately 4000 metres of diamond drilling split into two phases:
Phase 1 - The Phase 1 drill program will consist of approximately 2000 metres of diamond drilling in six holes designed to step-out from known mineralization and expand the high-grade gold resources in the Main & South Zones as well as increase our understanding of the structural and lithological controls on mineralization. In addition to drilling, the Phase 1 program includes a regional compilation of the property to identify exploration potential throughout the 2670 hectare property. It is anticipated that the Phase 1 program will be completed in July 2017.
Phase 2 - The Phase 2 program will consist of approximately 2000 metres of diamond drilling to follow-up on the results from Phase 1 and to investigate other high priority targets in proximity to the known gold mineralization. Phase 2 may include geophysical and geochemical sampling programs to follow-up on exploration targets identified during the Phase 1 regional compilation.
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 47,000 ounces of gold between 1987-1989. The Project hosts an indicated resource of 240,000 ounces at 6.32 grams per tonne. A 450 tonne per day gold concentrator and related infrastructure remains at the Project along with a decline ramp providing access to developed gold mineralization within the Main and South Zones to a vertical depth of 320 metres.
This news release was reviewed and approved by Shastri Ramnath (P.Geo.) as the Qualified Person under National Instrument 43-101.
For further information, please visit www.satoriresources.ca.
