Santana Minerals Finds New Exploration Target at New Zealand Project

MT Newswires Live

02/10

Santana Minerals (ASX:SMI, NZE:SMI) said a new exploration target has been established at its Rise & Shine (RAS) deposit in New Zealand, reflecting the strong continuity and tabular geometry of RAS mineralization, and reinforced by recent step-out drilling, according to a Tuesday Australian bourse filing.

The company said that the drilling has expanded the known mineralized envelope from 1.7 kilometres (km) to 2.15 km down plunge, 465 meters beyond drilling that informs the current mineral resource estimate.

According to the filing, the new target has a minimum of 3.6 million tonnes at 1.9 grams per tonne (g/t) gold or 520,000 ounces to a maximum of 7.7 million tonnes at 2.8 g/t gold or 1.48 million ounces.

The company is planning a follow-up drilling program to test the exploration target area.

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Shine (RAS) deposit in New Zealand, reflecting the strong continuity and tabular geometry of RAS mineralization, and reinforced by recent step-out drilling, according to a Tuesday Australian bourse filing.</p><p>The company said that the drilling has expanded the known mineralized envelope from 1.7 kilometres (km) to 2.15 km down plunge, 465 meters beyond drilling that informs the current mineral resource estimate.</p><p>According to the filing, the new target has a minimum of 3.6 million tonnes at 1.9 grams per tonne (g/t) gold or 520,000 ounces to a maximum of 7.7 million tonnes at 2.8 g/t gold or 1.48 million ounces.</p><p>The company is planning a follow-up drilling program to test the exploration target area.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RAS.AU","symbol_name":"RAGUSA MINERALS LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2610945662","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610945662","pubTimestamp":1770679108,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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