Northwire Canada EditionWednesday, August 5, 2026
Northwire
LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Drill Results

Sanatana starts exploration at Gold Strike Two

STA · Price

Executive Summary

  • Sanatana Resources has started its initial field exploration program on the Gold Strike Two project in Yukon’s Rogue Plutonic complex.
  • Field crews have identified sheeted quartz veins at two separate locations (one within the intrusion, one in hornfels), with up to 10 veins per metre.
  • The program will include stream‑sediment, soil and rock sampling to further evaluate two historically anomalous zones that show multi‑element anomalies (Au, Cu, As, Zn; Au, Bi, W, U).

Key Details

  • Project Location: Gold Strike Two sits in the Tombstone gold belt, ~15 km east of Snowline Gold Corp.’s Valley deposit.
  • Exploration Activities Commenced:
  • Stream‑sediment sampling
  • Soil sampling
  • Rock sampling
  • Geological Findings to Date:
  • Discovery of sheeted quartz veins in two distinct settings:
    • Hosted within the Rogue intrusion
    • Hosted in hornfels adjacent to the intrusion
  • Vein density observed at up to 10 veins per metre.
  • Historical Anomalies Guiding Work:
  • Southern edge of intrusion – anomalous Au, Cu, As, Zn in historic stream sediments.
  • Northwestern edge – anomalous Au, Bi, W, U in historic stream sediments.
  • Technical Oversight: Technical information prepared under the supervision of Derek Torgerson, PGeo (qualified person per NI 43‑101).
  • CEO Comment: Peter Miles noted the significance of early vein observations and emphasized that mineralization status awaits assay results from collected samples.

Notable Quotes

“We are pleased to report that field crews have discovered two instances of sheeted quartz veins… Although we cannot say without receiving assays … that the sheeted quartz veins are mineralized, we are certainly pleased to see them on the first day of exploration.” – Peter Miles, CEO


Materiality Assessment: Non‑Material – Positive (early‑stage field work with no assay results; positive operational progress but limited impact on valuation at this stage).

Read the original news release →

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