Sentinel Resources (CSE:SNL, OTC: SNLRF) Looks To Repeat Success of Surrounding Mines By Targeting Historic High Grade Silver and Gold Workings

Sentinel’s newly acquired Waterloo project is situated within the highly productive Quesnel Trough in Southern B.C. and central to at least four operating mines.

Since 1859, the region has been the site of significant placer gold production, including some very large-scale mining operations.

Today’s exploration and mining companies have been met with tremendous success in revisiting these old mines, using modern data and exploration techniques.  Systematic geophysics and diamond drilling allow for examination and testing of rock well beneath historic workings for the first time, opening up potential for major new discoveries.

The Waterloo property has undergone small-scale production from high-grade silver and gold prospects since the early 1900’s.

Sentinel Resources Corp. (CSE:SNL, OTC:SNLRF) aims to be the first company to investigate the true potential of Waterloo through a systematic exploration and drill program. The plan is to conduct further geophysics and sampling with the intent to drill deeper into the most prospective silver and gold showings.

On November 19th Sentinel announced crackling bonanza-grade assays for selected rock grab samples taken throughout the most prospective locations on the asset. This includes 7,470 grams per tonne silver and 39 grams per tonne gold. While too early to pin a valuation to this asset, these incredible numbers help guide Sentinel as it prepares to test targets below the historical high grade mine.

With a market cap of less than $13 million (as of November 19th) the upside potential in shares of Sentinel should not be ignored.

New Gold Inc (TSX:NGD), with a market capitalization of $1.4 billion, is an example of this strategy culminating into a major success.

New Gold’s New Afton gold-silver-copper mine is an underground (block cave) mine located within the footprint of the historic Afton mine, 10 km west of Kamloops, British Columbia. The original Afton project was an open pit mine that was operated by Teck Corporation between 1977 and 1997. In targeting a specific mineral deposit, New Gold constructed underground tunnels, along with a new concentrator and tailings facility. They achieved commercial production in July 2012 at which time the mine had an expected 12 year life. Between 2013 and 2019 the mine produced between 69,000 and 105,000 ounces of gold each year.

Not wasting any time and intending to apply similar strategies as New Gold Inc, Sentinel Resources Corp. (CSE:SNL, OTC:SNLRFannounced on September 15th that it has commenced work on the Waterloo project.

Historical grab samples across the project point to a well mineralized system traversing the property, with high grade silver and gold veins exposed over an area of 4.0 by 0.7 kilometers.

Rob Gamley, President & CEO of Sentinel commented, “As previously stated by Sentinel, selected previously reported historical high grab samples have returned very robust silver-gold sampling results from three separate areas on the project, including:

Waterloo Silver area: 2,790 g/t Silver and 25.4 g/t Gold, 3,095 g/t Silver and 45.0 g/t Gold

Forge East: 1,507 g/t Silver and 2.80 g/t Gold, 3,085 g/t Silver and 3.80 g/t Gold

AU Showing:        794 g/t Silver and 45.70 g/t Gold

We are now seeking to confirm and hopefully expand upon that success.” 

Since then Sentinel has conducted further prospecting, sampling, and reconnaissance mapping at several locations on the Property including the Waterloo mine. More bonanza grade samples were announced on November 19th, further strengthening the case that Waterloo could be host to a significantly mineralized underground gold and silver system.

Waterloo, situated in the historic Lightning Peak silver and gold camp, is located 65km East of Kelowna, BC and roughly 5 hours drive from Vancouver.

Given the success rate of surrounding mines, the potential for high grade, low cost gold and silver resource development is intriguing.

Sentinel will be directing its efforts to a well mineralized, 4 km trend centered across the property.  High grade grab samples along this trend, including 2,790 g/t silver and 46 g/t gold will help provide guidance on where the company will focus exploration in order to advance their understanding of the underlying structures.

Adding sizzle to the steak, the map below depicts crosscutting subsurface structures which could significantly expand the footprint for potential high-grade gold-zinc discoveries. These zones of structural intersections remain largely untested and represent priority targets for follow-up.

In the past two months Sentinel Resources Corp. (CSE: SNL, OTC:SNLRF) has raised $1.5 million and acquired three more significant gold and silver projects: The Salama project located in one of Peru’s most prolific mineral belts, and a massive staking of 1,331 square kilometers of gold and silver prospects in New South Wales featuring over a combined 230 historic gold and silver mines and prospects.

Sentinel has managed to hold a tight share structure while amassing a world-class exploration portfolio worldwide. With approximately 25 million shares outstanding, their market capitalization is still under $13 million (Nov 19th).

As the Company proceeds to dig into (no pun intended) these juicy prospects, future exploration success and new discoveries could provide significant torque to share price movement.

Stay tuned for updates from Hot Stocks Review on this potentially explosive developing story and visit Sentinel’s website to learn more.


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