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Sanatana Resources Sets Sights on Major Drilling Project
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Sanatana Resources Sets Sights on Major Drilling Project

Sanatana Resources Inc. (TSE:STA) has released an update.

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Sanatana Resources Inc. is gearing up for a significant drilling endeavor, targeting a 3,000-meter program in July 2024 to explore the newly identified ‘Junction’ anomaly within the Oweegee Dome Project. The company aims to secure a 60% interest in the project, backing the drill plan with a $2 million private placement funding strategy, split between flow-through and non-flow-through units. CEO Peter Miles expresses high anticipation for the program’s potential, following the success of similar projects using advanced 3D IP technology.

For further insights into TSE:STA stock, check out TipRanks’ Stock Analysis page.

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