Vancouver, British Columbia, May 1st, 2020 – Sentinel Resources Corp. (CSE: SNL) (“Sentinel” or the “Company”) is pleased to announce that the Company has entered into an option agreement (the “Agreement”) to acquire an additional mineral exploration project in British Columbia.
Pursuant to the Agreement, Sentinel can earn a 100% interest in two mineral claims, known as the Little Bear 1 and Little Bear 2 claims, located on Vancouver Island, B.C., by making a one-time cash payment of $25,000 and completing a $50,000 work program.
Rob Gamley, President & CEO of Sentinel, commented, “I am excited to add another early stage project to Sentinel’s growing portfolio of mineral exploration projects located here in British Columbia.” Mr. Gamley explained, “Our guiding principles in acquiring projects include: safe jurisdictions with historical mining industries, low-cost of entry or acquisition, access to infrastructure to minimize capital and operational costs in exploration periods in particular. Our geological team, led by Greg Bronson, P. Geo, continues to be busy assessing early stage projects for potential acquisition as well as designing and initiating exploration programs for our Pass project near Castlegar, B.C. and now our new Vancouver Island properties.”
The Little Bear Claims
Sentinel Resources acquired the Little Bear 1 and Little Bear 2 claims on north Vancouver Island after technical review of the geophysical data and summary report collected by Geoscience BC for their ‘Vancouver Island North Regional Project, Airborne Magnetic and Radiometric Survey’ (Geoscience BC Report 2020-05). The Little Bear claims are centered on the occurrence of an early to middle Jurassic granodiorite intruding the middle to upper Triassic Vancouver Group volcanics and equivalents. The claim area is prospective for gold bearing copper-iron skarns (similar to mineralization present on Sentinel Resources’ Pass property), gold bearing copper porphyry systems and copper, silver, gold bearing quartz veins.
Field work is being planned to commence this summer and will include a property wide reconnaissance for geological mapping, along with a rock, soil and sediment sampling program.
About Sentinel Resources
Sentinel Resources is a Canadian-based exploration company focused on the acquisition and exploration of prospective resource properties. Its current portfolio includes the Pass and Little Bear projects in British Columbia. The Company’s guiding principles are based on acquiring strategic exploration properties in mining-friendly jurisdictions with historical mining industries, low-cost of entry or acquisition, and easy access to infrastructure to minimize capital and operational costs in explorational periods.
Greg Bronson, P. Geo., a Qualified Person as defined by NI 43-101, has reviewed and approved the contents of this news release.
For more information regarding the Company please contact Rob Gamley, President, at 604-689-7422.
President and Chief Executive Officer
Neither the Canadian Securities Exchange (“CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.