The Company has commenced contacting landholders in high priority areas in order to negotiate the access agreements required prior to conducting field visits on private property.
As previously announced, the Company has identified four priority areas for initial inspection: Carrington, Hill End South, Golden Bar, and Toolom South.
At the Carrington property , interpretation of previous soil sampling results by Sentinel geologists has defined two high priority gold-bismuth-antimony anomalies along a zone of historic workings.
The Hill End South property lies along the southern extension of the Hill End Anticline which hosts quartz vein mineralization of the Hill End Goldfield where approximately 50 tons of gold have been produced from hard-rock and alluvial sources.
Peter Pollard , Chief Geologist and Mr. Danny Marcos , Exploration Manager has completed field inspection of historic gold workings within the Golden Bar exploration license which occur within Wild Cattle Creek State Forest.
Sentinel CEO Rob Gamley commented, “Peter and his team have done a great job, bringing their deep experience to the portfolio analysis and project work-up program we initiated two months ago.
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.
Such factors include, among other things: risks and uncertainties relating to Sentinel’s limited operating history, ability to obtain sufficient financing to carry out its exploration and development objectives on its mineral properties, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations.