Sanatana Resources Inc. is pleased to announce that it has appointed Mr. Jonathan Hill as the inaugural member of its advisory board. Peter Miles, Sanatana's CEO commented "Mr. Hill will be invaluable to our current technical team and board as we move forward to explore our Gold Rush and Tirua projects and as we consider other projects." Mr. Hill is a successful geologist and accomplished mining industry professional with [...]
Sanatana Resources Inc. is pleased to announce the appointment of Mr. Anthony Dutton to its board of directors as a non-executive director. Mr. Dutton is a seasoned business executive and entrepreneur with a successful track record as an early stage investor and business founder. He was most recently co-founder, CEO and director of Cannex Capital, a pioneering US cannabis company, before its acquisition of 4Front Holdings [...]
Sanatana Resources Inc. is pleased to announce that it has commenced exploration on its newly acquired Gold Rush project in the Timmins Region of Ontario. . As part of the Company's due diligence, consultant geologist Kevin Kivi, P.Geo visited the Gold Rush Project and took grab samples from the Lalonde East Shear zone to verify gold reported previously by prospectors. Nine grab samples of quartz, chlorite and sericite [...]
Sanatana Resources Inc. is pleased to announce that it has closed its previously announced private placement for aggregate gross proceeds to the Company of approximately $2,000,000. In connection with the Private Placement, Sanatana issued an aggregate 11,500,000 non-flow through units , at a price of $0.10 per Unit, for aggregate proceeds of $1,150,000 and 7,083,332 flow-through units , at a price of $0.12 per FT Units [...]
Sanatana Resources Inc. is pleased to announce that due to investor demand it has increased the size of its private placement previously announced on July 7, 2020. Sanatana now proposes to issue up to 11,500,000 units of the Company and 7,083,333 flow-through units of the Company for aggregate gross proceeds of up to $2,000,000 and priced at $0.10 per Unit and $0.12 per FT Unit. Each Unit will consist of one common share [...]
Sanatana Resources Inc. is pleased to announce that it has entered into an option agreement with South Shore Partnership Inc. , an arm’s length party to Sanatana. Pursuant to the Option Agreement, Sanatana can acquire: a 100% interest in the Gold Rush North Project; and a 100% interest in the Gold Rush South Project in the Timmins, Ontario region, which hosts five large gold systems and numerous base metal and nickel [...]
Sanatana Resources Inc. provides this corporate update. SOLOMON ISLANDS New Acquisition and Agreement Sanatana has entered into a letter agreement with Cobre Nuevo Exploration , a private Australian Company. The letter agreement outlines terms for Sanatana to acquire certain additional land in the Solomon Islands and to enter into a joint venture with CNE in order to explore the additional lands. The specific significant [...]
Sanatana Resources announces Mr. Tim Barry has stepped down as a director of Sanatana as a result of a potential conflict of interest. The Company wishes Mr. Barry well in his future endeavors. About the Company Sanatana Resources Inc. is a mineral exploration and development company with an experienced management team and board of directors. Sanatana is based in Vancouver and is listed on the TSX Venture Exchange [...]
Sanatana Resources Inc. is pleased to provide this update on the Company's activities. Sanatana has received TSX Venture Exchange approval of the acquisition of the Tirua Project. Mr. Peter Miles, CEO, states "We are pleased that the TSX Venture Exchange has approved the Tirua acquisition and with completion of the transaction, Sanatana will now be able to accelerate its exploration plans." During the past six months [...]
Sanatana Resources Inc. provides this exploration update. SOLOMON ISLANDS UPDATE: Sanatana is pleased to announce that the acquisition of the Tirua Project in the Solomon Islands has been conditionally accepted by the TSX Venture Exchange. Over the summer months, Sanatana field crews have collected 504 soil samples. The samples are in the process of being transported to Vancouver and results will be reported once received [...]
Sanatana Resources Inc. has, further to its news release of August 9, 2018, entered into a second mineral option amending agreement with Alto Ventures Ltd. amending a mineral property option agreement dated February 3, 2017 with respect to the acquisition of mining property located in Ontario . The Original Agreement was amended on July 16, 2018 , which is still subject to TSX Venture Exchange approval, allow Sanatana to [...]
Sanatana Resources Inc. is pleased to announce that Mr. Buddy Doyle has been appointed President and Mr. Ian Smith has accepted an offer to become Chairman of the Board of the Company. Mr. Doyle and Mr. Smith bring Sanatana a wealth of relevant experience in geology and mining engineering. Mr. Peter Miles will remain CEO of the Company. Mr. Peter Miles, CEO, states "Buddy and Ian's extensive knowledge and experience [...]