Past-producing gold mine in Manitoba being revived

The property’s owner and operator, Satori Resources (TSXV: BUD), announced that it has received the permits required to kick off a 3,200-metre diamond drill program and that preparatory work has already started.

“Satori plans to apply a modern, systematic approach to exploration at the Tartan Lake gold mine project,” the miner said in a media statement.

“In 2020, the company collected and reviewed the geophysical data from the 1980s in order to isolate geophysical signatures coincident with known mineralization,” the company said. “Processing of the historic data with contemporary techniques has generated new drilling targets which show potential for additional high-grade mineralization across numerous shear zones that transect the property. Therefore, 500 metres of diamond drilling is also planned to test targets within 1,000 metres of the historic mine site.”

Past exploration work at the project allowed for the mapping of over 50 linear kilometres of shear zones but, according to Satori, the majority of historical exploration focused on 3-5 kilometres of shear zones in the immediate area of the past-producing Tartan Lake mine.

“The company believes that in addition to the potential to increase the mineral resource proximal to the former producing mine, there are excellent opportunities for additional discoveries given the unexplored extent of the shear zones that host the known mineralization,” the release states.

Tartan Lake Gold produced 47,000 ounces of gold between 1987 and 1989. The property is approximately 2,670 hectares in area and consists of 20 mineral claims. It includes a 450 mt/day processing plant, related surface infrastructure, and a decline providing access to developed mining blocks within the Main and South Zones to a vertical depth of 320 metres from the surface.