Santana Minerals Ltd progresses Bendigo-Ophir Gold Project

Santana Minerals Ltd (ASX: $SMI) continues to make significant progress with its Pre-feasibility study for the Bendigo-Ophir Gold Project. The latest resource definition drilling at the RAS deposit has returned excellent results, further validating the thick high-grade core of the deposit.

Executive commentary on RAS deposit

CEO Damian Spring expressed confidence in the rich, high-grade core at RAS, stating, 'RAS is a spectacular deposit, and I'm not surprised that these infill results confirm this. The high-grade core at RAS contains a proportionally larger weighting of metal and the infill drilling continues to show its consistency and predictability. This gives us great confidence as we advance our detailed mine extraction, ore processing plans and other financial models.'

Summary of Santana Minerals' progress

The latest resource definition drilling at the RAS deposit has increased Santana Minerals' confidence in the continuity of the rich core, underpinning the mine plan and financial projections in the Pre-feasibility study. With a further 5 holes completed for resource validation and assays pending, the company remains optimistic about the project's potential. Santana Minerals Ltd continues to advance its detailed mine extraction, ore processing plans, and other financial models, reflecting a positive outlook for the Bendigo-Ophir Gold Project.