Santana Minerals Limited Unlocks High-Grade Gold Potential with Expanded Resource and Extended Mine Life Prospects

Thursday, July 17, 2025
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8:25 am
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Santana Minerals Limited unveils promising drilling results at its Rise and Shine deposit, revealing thick, high-grade gold zones that extend the resource area. The findings support potential resource upgrades and mine life extensions, setting the stage for higher long-term value and further exploration opportunities.

Santana Minerals Limited has released new drilling results at its Rise and Shine deposit that could signal a significant step forward for the company’s underground mining plans. Recent assay outcomes from the northern extensions of the deposit have exposed thick, high‐grade zones that extend the known high-grade corridor by an additional 60 metres to the north. Highlights include intervals such as 21.7 metres averaging 4.1 grams per tonne gold (from hole MDD448), 25.9 metres at 2.8 g/t gold (MDD439) and a notably high intercept of 6.4 metres at 8.2 g/t gold (MDD433). The results are the first to assess deeper down-plunge positions since 2022, and they are expected to underpin future upgrades in resource categorisation and contribute to extending mine life. The drill program, which also focused on the RAS deposit’s eastern margin, has helped define the limits of the mineralised system, where narrow, lower grade intercepts were recorded in areas affected by silicification. In parallel, follow-up drilling at the southern portion of the deposit is targeting mineralisation outside the current mine plan, with additional intercepts including 9.3 metres at 1.5 g/t gold (hole MDD444) and composites from hole MDD441. Overall, extension and infill drilling at RAS North are ongoing with the goal of converting additional inferred resources to the indicated category. The exploration effort is further complemented by the RINA programme which continues sterilisation and infill drilling across adjacent satellite deposits, alongside mapping to better understand the regional structure along the Rise and Shine Shear Zone. The technical details suggest bullish momentum for Santana Minerals Limited. The discovery of extended high-grade zones and the planned further drilling to test targets 200 metres north indicate an expanding resource base and a strong foundation for reserve conversion. Moreover, the coordinated regional exploration and detailed assay techniques bolster investor confidence in the company’s long-term mine planning. On the bearish side, while the drilling results are encouraging, uncertainty remains with regard to the full extent and consistency of the new resource areas. The actual conversion from inferred to indicated resources and the successful integration of these results into the upcoming pre-feasibility studies will be key steps that still need confirmation. Additionally, as with any forward-looking exploration project, risks associated with metallurgical test work and further exploration milestones maintain an element of caution for potential investors.

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