Satori Resources Inc. announces the results of its annual and general meeting of shareholders held in Toronto, Ontario on September 23, 2020 . At the Meeting, shareholders approved all resolutions put before them by management including the election of all director nominees, the re-appointment of the auditors, and the approval of the Company's share incentive plan. Results of Annual General Meeting Election of the Board [...]
Satori Resources Inc. announces that it has engaged Jeremy S. Brett International Consulting Ltd. to lead and manage an in-depth compilation of several technical data sets, in order to produce a comprehensive geophysical compilation study of the Tartan Lake Gold Mine Project, as part of Satori's efforts to compile the historical geophysical and geological data of the Project, with the objective of identifying and [...]
Satori Resources Inc. is pleased to announce that Messrs. Wes Hanson, P.Geo., and Doug Flegg, MBA, BSc. , CFA, have joined the Satori team. Doug Flegg is a former Managing Director of Global Mining Sales for BMO Capital Markets, having over 30 years of mining and mining finance experience, supported by a technical background in Geology, augmented with over 20 years of mining-related capital markets experience in portfolio [...]
Satori Resources Inc. announces that it has closed its private placement offering for gross proceeds of $420,000, by the issuance of 1,790,000 flow through shares at a price per share of $0.08, and the issuance of 4,258,461 non-flow-through common shares at a price of $0.065 per share. Officers and directors of the Company subscribed for 1,158,461 common shares, for gross proceeds of $82,800 , which resulted in related [...]
Satori Resources Inc. announces that it shall increase again, its previously announced private placement offering, such that the gross proceeds will be up to $420,000. All other terms and information announced on June 18, 2020 and July 6, 2020 shall remain unamended. Further, Satori has engaged AGP Mining Consultants to update the mine design work previously completed for Satori in 2015. AGP is a Mining, Geology and [...]
Satori Resources Inc. announces that it shall increase its previously announced private placement offering, such that the gross proceeds will be up to $350,000. All other terms announced on June 18, 2020 shall remain unamended. Further, in addition to utilizing external consultants familiar with the Tartan Lake Gold Mine Project in Flin Flon, Manitoba, Satori is actively seeking to increase its technical team in order to [...]
Satori Resources Inc. announces that it has engaged Orix Geoscience Inc. to conduct a review and subsequent file management of the historical technical data from the past producing Tartan Lake Gold Mine Project located in Flin Flon, Manitoba. In recent years, Orix digitized key information from approximately 12 banker boxes containing historical technical data that was situated at the mine site . The Tartan Lake Gold Mine [...]
Satori Resources Inc. announces that it continues to work with a variety of technical advisors, each offering specific technical services conducive to the advancement of the Tartan Lake Gold Mine Project located in Flin Flon, Manitoba. Additionally, however, Satori continues to welcome discussions from third parties who may consider a partnership arrangement as it relates to the development of the Tartan Lake Gold Mine [...]
Satori Resources Inc. announces that the Manitoba Conservation and Climate Department has retrieved from archives certain of the historic data supporting an Order for an environmental licence issued by the Clean Environment Commission issued in 1987. Satori intends to make application to use such data, and the 1987 licence, to form the basis of various notice of alterations intended to be submitted to the Department, as a [...]
Satori Resources Inc. announces that pursuant to an Order issued by the Chief Provincial Health Officer of Manitoba, Satori's operations is a prescribed business that is permitted to remain open during this period of time that special measures are being taken to curve the Covid-19 virus. As spring thaw approaches, the Company continues to work with Dr. Todd Harvey, Process Engineer, in its evaluation of a tailings [...]
Satori Resources Inc. announces that, as part of its ongoing evaluation of the Tartan Lake Gold Mine Project in Manitoba, and further to its press release Satori Undertakes Gravity Concentration Testing on Tailings dated December 3, 2019, the Company is pleased to provide the following update. Assay results received from testing two ten-kilogram grab samples collected from stockpiled tailings material close to the [...]
Satori Resources Inc. announces that it will test gravity recovery on the historic tailings materials using grab samples recently collected and randomly extracted from the tailings pond at the Tartan Lake Gold Mine Project. Based on historical mill production, and the assays results , which range from 2.7 to 3.6 grams per tonne Au, the gravity test will enable the Company to better understand the economics of unrecovered [...]