15 August 2017 – Santana Minerals Limited (“Santana”) is pleased to report significant diamond saw channel results from recent field work undertaken at the La Plata Prospect within the Company’s Cuitaboca Project in Sinaloa, Mexico (Figure 1).
Significant results from the recently completed surface diamond saw channel sample program included:
| LPTTR-30 | 2.45M @ 362g/t Ag, a cntinuous zone including: |
1.00m @ 158g/t Ag | |
| 0.85m @ 603g/t Ag | |
| 0.60m @ 362g/t Ag |
and
| LPTTR-31 | 4.60m @ 295g/t Ag, a continous zone including: |
| 1.00m @ 450g/t Ag | |
| 1.00m @ 322 g/t Ag | |
| 1.00m @ 306g/t Ag | |
| 0.90m @ 188g/t Ag | |
| 0.70m @ 160g/t Ag |
Discussion
The La Plata prospect is continuing to advance through detailed mapping and sampling to a point where it is now approaching drill readiness. The reported results from surface channels LPTTR- 30 and LPTTR-31 (shown in Figure 2) are significant as they represent a continuity of high grade surface mineralisation some 300m east of the following previously reported results:
| LPTTR-19 | 2.00m @ 78g/t Ag |
| LPTTR-19 | 1.00m @ 1,995g/t Ag |
| LPTTR-23 | 5.00m @ 242g/t Ag |
| LPTTR-25 | 7.00m @ 131g/t Ag (including 3m @ 278g/t Ag) |
This 300m step-out extends the potential strike length of the interpreted La Plata vein system to approximately 2km. Given the significant surface results reported to date this prospect is now the subject of detailed drill planning. It is important to note that surface channel widths along the interpreted strike length have been limited to accessible outcropping so future drilling will seek to confirm to what extent this high grade surface mineralisation occurs over wider zones at depth.
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About Santana
Santana is a precious metals explorer focused on Mexico where it’s primary focus is earning an initial 80% interest in the Cuitaboca Silver-Gold project in Sinaloa State. Santana also holds 100% of the Namiquipa Silver Project in Chihuahua.
Additional information about Santana and its projects is available on the website: www.santanaminerals.com
Competent Person/Qualified Person
The information in this report that relates to exploration targets, exploration results, mineral resources or ore reserve is based on information compiled by Mr Jason Beckton, who is a Member of the Australian Institute of Geoscientists. Mr Beckton is a part time consultant to Santana. Mr Beckton has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Beckton consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Original Article: http://santanaminerals.com/wp-content/uploads/2017/08/170814_Signicant-Diamond-Saw-Channel-Samples-from-La-Plata.pdf
