03:17 PM EDT, 03/15/2018 (MT Newswires) -- Sanatana Resources (STA.V) said Thursday it intends to explore its Jackfish property in northern Ontario with a 1,500 meter drilling program to test for gold and base-metal mineralization.

The company said a magnetic survey of the site in October identified " a moderately conductive zone" that will be the primary target of the drilling program.

"The current geological framework as interpreted by the company and its consultants, and reinforced by the geophysics notes that the majority of the mineral showings and historical mining in the district coincide with structures that extend through and displace the granite/greenstone boundary," Sanatana said in a release.

The company's shares were unchanged at $0.04 at last look on the TSX Venture Exchange.

Price: 0.04, Change: 0.00, Percent Change: 0.00