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Exceptional Drill Results Extend High-Grade Core at RAS North Honeypot, Potential for Substantial Mine Life Extension

Date/time : 2025-12-03 04:16 PM
Symbol :

SMI

Company : Santana Minerals Limited
Price : 0.81
Market cap : 144,600,000
O/S : 178,533,125
Exchange :

AU

Industry :

Precious Metals

Full story

Exceptional drill intercepts at RAS North Honeypot reveal high-grade gold mineralization, including a bonanza result of 8.7m at 30.6g/t Au. The discovery extends the high-grade core, HG1 domain, potentially increasing the underground mine life beyond current plans. Assays show consistent gold grades above 15g/t Au with some exceeding 100g/t Au. The success of the extensional drilling program highlights the strength and predictability of the geological model.