Satori Resources CEO Jennifer Boyle said, “2021 was a very pivotal turnaround point for the company, primarily because we essentially hit on 12 out of 12 holes.”
Satori Resources CEO: We hit on 12 out of 12 holes and got some the highest gold grades we have seen
Satori Resources (TSXV:BUD) CEO Jennifer Boyle discussed the company’s wholly owned Tartan Lake gold project in Manitoba, Canada. The company has claims that cover 2,670 hectares in the area, with 20 mineral claims.
Boyle noted that the project produced gold between 1986 and 1989, ceasing production not because it ran out of ore, but rather because the price of gold fell below US$400 per ounce.
Boyle addressed the Satori Resources and plans for the company’s future, stating, “2021 was a very pivotal turnaround point for the company, primarily because we essentially hit on 12 out of 12 holes.”
Boyle discussed Manitoba's prolific . “It has access 12 months of the year," she said. "It has Manitoba Hydro grid power right to the project and has an amazing underground mining development.”
According to Boyle, Satori Resources plans to use the mining galleries that remain from historical production to expedite the next steps in its mining processes, provided the evaluations return positive. The company is working with engineers who were part of the between 1986 and 1989. “We have a great wealth of historic information from those that were involved with the project,” Boyle noted.
Boyle also spoke to the company’s dual-track approach to business. “The primary strategy for our resources is exploration, exploration, exploration. However, , and our property is so large that we are also going after anything from copper to zinc — but that's going to be a ground reconnaissance program in the future, once we expand on the existing resource.”
Boyle noted that the infrastructure, both above and below, allows the company to undertake the preliminary evaluations and a gap analysis for the permitting process to ultimately put the mine back into production.
Watch the full interview of Satori Resources CEO Jennifer Boyle above.
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