Sanatana Mobilizes for 2023 IP Program Focusing on New Mineralization and Large IP Anomaly at the Oweegee Dome Project

Highlights

• New porphyry mineralization found in upper East Bear Creek of up to 0.42% Cu and 0.44% Au

• IP geophysical survey to expand on five anomalies revealed in 2022 program

• IP to enhance and define large IP anomaly and cover new mineralized zones in East Bear Creek

Vancouver, British Columbia, Canada, August 15, 2023 – Sanatana Resources Inc. (TSXV: STA)

(“Sanatana”, the “Company”) is mobilizing field crews to return to the highly prospective Oweegee

porphyry copper / epithermal gold prospect that straddles Highway 37 in BC’s Golden Triangle.

The focus will be to conduct a 3-D IP survey on the Delta prospect and newly discovered East Bear

Creek zones (see Figure 1). In 2022 the Company’s 3-D IP survey revealed five separate IP anomalies

(see Figure 2). The IP anomalies represent zones of chargeability interpreted to be pyrite /

sulphide haloes around distinct and separate, porphyry copper systems. To date, Sanatana has only

drill tested one IP chargeability system where the Company encountered significant copper, gold and

molybdenum mineralization.

Buddy Doyle, President of Sanatana stated, “The discovery of the East Bear Creek area was a

significant addition to our knowledge of the Oweegee Dome project, unveiling new copper, precious

metal and base metal mineralization as well as expanding the mineralized footprint to some 4.5km in

extent.”

The Snowpatch (upper and lower), Jack, Junction and Dome anomalies remain untested high- priority

drill targets. The IP survey is designed to expand and further define the Junction anomaly open to

the east and to explore the mineralized and altered outcrops recently found

at Bear Creek.

Figure 1

Figure 2. Plan view of the 3-D IP chargeability anomalies from the 2022 survey, redlines show

proposed 2023 survey extension, green lines are current to date, drill hole traces.

The East Bear Creek zone, discovered in the last weeks of the 2022 season is a new area of

significant mineralization and alteration hosted in intrusive The IP survey will test the concept

that the Delta Ridge and Bear Creek could in fact be connected. These new systems, the Upper East Bear

Creek area and the Lower East Bear Creek area, increase the mineralized footprint of the Delta

Prospect 1km to the east and 1km to the north. Figures 3 and 4 depict the Upper and Lower Bear

Creek zones respectively.

The well-mineralized monzonite porphyry at the Upper East Bear Valley has similar alteration

(potassic ± albite / chlorite-sericite) and veinlet style (dark quartz ± banded texture with

chalcopyrite ± pyrite ± magnetite ± bornite) as other shallow-level emplaced, high-K calc-alkalic,

porphyry Cu-Au deposits, in the Golden Triangle. Table 1 summarizes list the mineralized rock chips

and float samples from the Upper East Bear Creek area.

Table 1: Rock chip samples from the Upper Bear Valley

Table 2: Rock chip sample results from the Lower Bear Valley

In the lower Bear Valley the presence of high zinc polymetallic veins, as highlighted in Table 2,

is a characteristic of the periphery of a porphyry system. Soil sampling, anomalous in copper and

white mica alteration highlighted by infrared spectrometer studies suggest another mineralization

centre. As shown in Figure 4, the Lower Bear Creek zone is an extensive area of alteration and

previously unmapped intrusive, the alteration is dominantly QSP.

Figure 3: Location of the Upper East Bear Creek zone with geology sketched in.

Figure 4: North Looking view of Lower Bear Creek zone, with geology sketched in, note the trace of

the polymetallic vein and the porphyry dyke.

The technical information in this news release was prepared under the supervision of Buddy Doyle

B.App Sc Geology, MAUSIMM. Mr. Doyle is a Qualified Person for the purposes of National Instrument

43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the technical

information disclosed in this news release.

About the Company

Sanatana Resources Inc. is a mineral exploration and development company focused on high- impact

properties in Canada. With an award-winning technical team and experienced management and board of

directors, Sanatana is based in Vancouver and is listed on the TSX Venture Exchange (TSX-V: STA).

About Oweegee Dome

Oweegee Copper-Gold project is located in northern BC’s Golden Triangle and is transected by

Highway 37 and the Northwest Transmission line. Neighbouring projects include Seabridge Gold’s KSM

supergiant porphyry Cu-Au cluster, Newcrest’s Brucejack gold-silver mine and Tudor Gold’s Treaty

Creek project. The Oweegee Cu-Au project is hosted in a geologic environment only recently

recognized as similar to other known large copper-gold porphyry deposits in British Columbia.

The 2022 drilling program consisted of 3,679m in 12 holes which tested a variety of geochemical,

geological and geophysical targets within a broad 2 by 4.5 km area

SANATANA RESOURCES INC.

“Peter Miles”

Peter Miles

Chief Executive Officer

For additional information on the Company, please contact Mr. Peter Miles, Chief Executive Officer

at (604) 408-6680 or email investor@sanatanaresources.com.

To be added to the email distribution list, please email ir@sanatanaresources.com with “Sanatana”

in the subject line.

Cautionary Statement Regarding “Forward-Looking” Information

This news release includes “forward-looking statements” and “forward-looking information” within

the meaning of Canadian securities legislation. All statements included in this news release, other

than statements of historical fact, are forward-looking statements including, without limitation,

statements related to the Company’s exploration program for Oweegee.

Forward-looking statements and information can be identified by the use of words such as “plans”,

“expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or

phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”,

“might” or “will” be taken, occur or be achieved. Forward-looking statements and information are

not historical facts and are subject to a number of risks and uncertainties beyond Sanatana’s

control. Actual results and developments are likely to differ, and may differ materially, from

those expressed or implied by the forward-looking statements contained in this news release.

Accordingly, readers should not place undue reliance on forward-looking statements. The Company

undertakes no obligation to update publicly or otherwise revise any forward- looking statements,

except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.