Staking Silver NSW Properties
T - 604.689.7422 F - 604.689.7442 204 – 998 Harbourside Drive North Vancouver, BC V7P 3T2
SENTINEL ACQUIRES SEVEN SILVER EXPLORATION CONCESSIONS
IN NEW SOUTH WALES, AUSTRALIA
Vancouver, British Columbia, October 13th, 2020 – Sentinel Resources Corp. (CSE:
SNL)(US OTC PINK: SNLRF) (“Sentinel” or the “Company ”) is pleased to announce that it
has acquired, by staking, seven, silver-focused exploration concessions totaling approximately
38,600 hectares (386 km2), located in New South Wales, Australia . The concessions are known
as; Wallah Wallah, Stony Creek, Carrington, Dartmoor, Glens Skarn, Broken Hill West and
Goongong (collectively, the “Silver Projects”)(map link here).
Highlights of Acquisition:
• At least 23 historic silver and 3 historic gold mines and exploration prospects are present
across the Silver Projects. Historic production records indicate that silver grades were
generally high-grade and exceeded 1 kg/t Ag in some instances (see News South Wales
Department of Planning, Industry and Environment).
• Six of the licences are strategically located within the well-mineralized Lachlan orogenic
terrane. One licence is located in the world class Broken Hill region of the Curnamona
Province.
• Sentinel applied to the Manager of Minerals Titles, New South Wales Department of
Mining, Exploration and Geosciences for the concessions. The concessions will be 100%
owned with no royalties or back-in rights upon completion of acquisition process. Sentinel
will be required to post a refundable performance bond of AU$10,000 per concession and
spend exploration and associated expenses on each concession of AU$ 25,000 in Year One
and AU$50,000 in Year Two.
• Sentinel’s technical team is currently reviewing historic data in order to fast track
reconnaissance follow-up and definition of high-grade drill ready targets.
Rob Gamley, President & CEO of Sentinel, states, “The acquisition of seven strategically located
silver projects, within the prolifically mineralized Lachlan orogenic terrane and the world famous
Broken Hill Block, provides an excellent complement to the Company’s New South Wales gold
projects. A significant historic database (held by the New South Wales Department of Planning,
Industry and Environment) provides a robust foundation on which to rapidly advance projects and
generate high-value drill-ready targets.”
“The seven silver -focused concessions encompass a range of deposit types including skarn
mineralization associated with porphyry intrusions, volcanic massive sulphide deposits, orogenic
T - 604.689.7422 F - 604.689.7442 204 – 998 Harbourside Drive North Vancouver, BC V7P 3T2
vein deposits, and Broken Hill Type. The company believes that targeting different styles of
mineralization significantly reduces exploration risk.”
The Lachlan Orogen
The Lachlan Orogen comprises a series of well-mineralized accretionary terranes formed during
the Ordovician and Early Carboniferous Period. Despite being known as a major copper and gold
producer — the exploration potential for silver is excellent. A variety of deposit styles are present
including volcanic-associated massive sulfide (e.g. Woodlawn and Lewis Ponds), epithermal (e.g.
Bowdens), orogenic base metal (e.g Browns Reef), Mississippi Valley Type (carbonate - and
sandstone-hosted such as the Manuka Deposit) and Intrusion Related (e.g. Peak and CSA).
Six of the Silver Projects are located within the Lachlan Orogenic terrane:
• Wallah Wallah: This concession comprises 99 km² and is located within the central eastern
Lachlan orogenic terrane. The application area covers 6 historic high-grade silver mines.
Wallah Wallah is an orogenic base-metal deposit. It consists of at least of 10 mineralized lodes
that crop out over a strike length of 2 km. Over 500 m of historic underground workings are
known over 4 levels. Historic production records state that more than 3000 t of material was
mined at average grades of 950 g/t Ag and 30% Pb. More recent underground chip sampling
has returned grades of 1000 g/t Ag.
• Stony Creek: The Stony Creek concession covers an area of 80.8 km2. It is located in the
southern portion of the Lachlan orogen and includes 4 historic silver and 3 historic gold mines
and prospects. Deposits in the area are classified as orogenic base-metal deposits.
Mineralization is associated with quartz-vein stockworks developed along the westerly dipping
Gundillion Fault.
The a pplication area includes the Stony Creek prospect which comprises an 85 m wide
alteration zone hosting a quartz-sulphide vein. Historic rock chip samples assayed up to 18.4
ppm Au and 212ppm Ag. One historic drillhole by Canyon Resources Pty Ltd in 1986 returned
an intercept of 5 m @ 3.0 g/t Au.
The historic Karawaree underground silver mine is located approximately 1.4 km northwest of
Stony Creek and shares similar geology. Historic workings have been traced for over 2 km and
returned historic rock chip grades of up to 44 g/t Au and 150 g/t Ag.
T - 604.689.7422 F - 604.689.7442 204 – 998 Harbourside Drive North Vancouver, BC V7P 3T2
• Carrington: Carrington is a 48 km² concession located in the East Lachlan orogenic terrane.
Three high grade historic silver/gold mines and prospects are associated with the regional
Yarralaw Fault.
The historic Carrington mine comprises extensive historical shafts and opencut drifts which
exploited laterally extensive mineralised gossans that are up to 6 m wide. Historic chip samples
returned grades of up to 85 g/t Au, 6037 g/t Ag, 24.8 % Pb and 16.8 % Sb.
• Dartmoor: This concession covers an area of 71 km² and is located at the western margin of
Hill End and Cooma Zone in the east Lachlan Orogen . The application area includes two
historic polymetallic mines — Dartmoor and Dartmoor East — most likely of VHMS-Kuroko
type. Mineralization presents as an extensive gossanous zone that can be traced along strike
for over 1.5 km. Small scale historical production records state average silver grades of 980
g/t Ag and 12% Cu.
• Glens Skarn: This is a 36.5 km² concession within the central Lachlan orogenic terra ne. It
includes 4 mineralised skarns which crop out over a strike length of 7.5 km. Historic surface
rock chip sampling returned grades of up to 80 g/t Ag, 5% Cu, 0.28% Pb, 1.26 % Zn, 100 g/t
Sn and 1700 g/t W. These assays are highly significant given the oxidized and leached nature
of skarn outcrops.
• Goongong: A 39 km² concession which hosts 4 historic silver mines and prospects. The most
prospective is Goongong Skarn which comprises several gossanous outcrop s over a strike
length of 1.5 km. Limited historic drilling intercepted pods of distal volcanogenic and/or skarn
mineralisation. One interval assayed 14.7 m at 0.14 g/t Cu, 0.1% Pb, 0.49 % Zn and 63 g/t Ag.
The Curnamona Province
The Broken Hill deposits lie within the Willyama Blockor Broken Hill Domain of the Curnamona
Province which extends from far western New South Wales into eastern South Australia .
Mineralization at Broken Hill occurs as a series of lodes which have been folded into an anticline
with a mineralized strike length of at least 8 km.
• Broken Hill West: This concession covers an area of 11.5 km². It is located 2.5 km west of the
Broken Hill mine and shares the same geological setting and structure. Despite its proximity to
the Broken Hill mine, the concession remains poorly explored due to extensive Quaternary
surface cover.
Qualified Person
T - 604.689.7422 F - 604.689.7442 204 – 998 Harbourside Drive North Vancouver, BC V7P 3T2
Christopher Wilson, Ph.D., FAusIMM (CP), FSEG, a Qualified Person, has reviewed and
approved the scientific and technical information contained in this news release.
About Sentinel Resources
Sentinel Resources is a Canadian -based exploration company focused on the acquisition and
exploration of precious metals projects with world -class potential. Its current portfolio includes
gold and silver projects located in New South Wales, Australia, Peru and British Col umbia. 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. For
more information, please go to the Company’s website at www.sentinelexp.com.
Sentinel Resources Corp.
“Rob Gamley”
President and Chief Executive Officer
Corporate Inquiries:
Rob Gamley, President & CEO
Company Website: www.sentinelexp.com
Phone: 604-689-7422
Email: [email protected]
Forward-Looking Statements
Information set forth in this news release contains forward -looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current
estimates, beliefs, intentions and expectations. They are not gu arantees of future performance.
Sentinel cautions that all forward -looking statements are inherently uncertain, and that actual
performance may be affected by a number of material factors, many of which are beyond Sentinel's
control. 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. Accordingly,
actual and future events, conditions and results may differ materially from the estimates, beliefs,
intentions and expectations expressed or implied in the forward-looking information. Except as
T - 604.689.7422 F - 604.689.7442 204 – 998 Harbourside Drive North Vancouver, BC V7P 3T2
required under applicable securities legislation, Sentinel undertakes no obligation to publicly
update or revise forward-looking information.
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.