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New Listing: Sentinel Resources Corp. (CSE:SNL)

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Sentinel currently has an option to acquire a 100% undivided interest in the Pass Property, which is located 18 kilometers east of Castlegar, in the Nelson Mining Division in British Columbia.

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Additional Information:

Company: Sentinel Resources Corp.
Stock Symbol: CSE: SNL
Date Published: Mar 4, 2020
Transcript: Available

Video Transcript:

I’m Nadika Viswakula for Investmentpitch Media

Sentinel Resources Corp. is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “SNL”.

Sentinel currently has an option to acquire a 100% undivided interest in the Pass Property, which is located 18 kilometers east of Castlegar, in the Nelson Mining Division in British Columbia.

The third largest gold‐enriched skarn producer in the province, the Second Relief mine is located 2.5 km to the east of Sentinel’s claim group.

The Second Relief mine operated from 1902 to 1919 and then resumed in 1928 producing until 1941.

Production totals 207,000 tonnes which yielded 866,000 grams of silver, 3,118,000 grams of gold, 20,000 kilograms of copper, 1057 kilograms of lead and 147 kilograms of zinc (MINFILE No 082FSW187).

Sentinel subsequently staked and now owns two adjoining claims named the North Pass and the Anjuli Rose mineral claims.

Analyses of rock samples collected by a previous contractor in 2017 from the tailings pile adjacent the Granite Creek adit assayed at 9.2 gpt gold, 50 gpt silver and 4.51% copper.

A rock sample collected by the same previous operator in 2017 at the open trench located 460 meters west northwest of the Granite Creek Adit assayed at 4.68 gpt gold, 1.02 gpt silver and 0.53% copper.

However, these samples have not been verified by Sentinel Resources.

The work carried out to date on the property has clearly indicated the presence of significant gold mineralization.

The main target zone on the Property, the Granite Creek Skarn, is a zone of magnetite skarn hosting copper‐gold mineralization.

Please refer to the NI 43-101 Technical Report filed on Sedar for more information.

The company raised gross proceeds of $650,000 from the sale of 6.5 million shares priced at $0.10 per share.

Leede Jones Gable acted as agent for the IPO.

The shares are trading at $0.15.

For more information, please contact Rob Gamley, CEO, at 604-689-7422 or by email at rob@ContactFinancial.com

I’m Nadika Viswakula for Investmentpitch Media