Welcome!

News Feed Item

Mining Commissioner Orders Trelawney to File Extensive Suite of Documents in Connection With Cote Gold Project Easement Application

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/09/14 -- Sanatana Resources Inc. ("Sanatana" or the "Company") (TSX VENTURE: STA) announces that the Ontario Mining and Lands Commissioner released its decision with respect to Sanatana's preliminary motion of March 11, 2014. While the tribunal did not dismiss Trelawney Mining and Exploration Inc.'s ("Trelawney") easement application, the tribunal did order that Trelawney is required to produce and file an extensive suite of documents in support of its application. A summary of the order is set forth below and the full text of both the order and the reasons of the tribunal will be made available on Sanatana's website at http://www.sanatanaresources.com.

Peter Miles, Chief Executive Officer of Sanatana stated: "We made this motion in part to compel Trelawney to file the required documents to enable us to defend the easement application. In its reasons for the order, the tribunal stated that it 'is of the view that Trelawney is hesitant to provide the information either because it does not yet exist or because it fears divulging something that might be used by Sanatana to its advantage.' While we do not know Trelawney's motive for failing to provide the required information, we do applaud the tribunal's order which reiterates our position that if Trelawney wants to move the easement application to a hearing, then it is required to produce and file the information required by the Mining Act (Ontario)."

Mr. Miles further stated: "We have a number of objections to Trelawney's easement application and once the required information is produced and filed, we look forward to presenting our position to the tribunal."

Summary of the Order

On March 11, 2014, Sanatana made a preliminary motion to the tribunal to set a timetable, compel the production of certain documents and, in the alternative, to dismiss the application on the basis that Trelawney had not filed the documents required under subsection 175(4) of the Mining Act (Ontario). While the tribunal did not dismiss Trelawney's easement application, the tribunal did order that on or before July 8, 2014, Trelawney is required to produce and file the following:

--  "A clear and precise statement listing the rights being applied for and
    how each right is required for or in connection with the proper working
    of a mine. Information related to the exact status of the mine is to be
    provided at the same time. For example, is it built? If not, when will
    it be built? If the answers to these questions depend on the processing
    of feasibility studies, then the tribunal expects information regarding
    the status of any related or relevant study. These are general questions
    and the tribunal expects as much information on this issue as the
    applicant can reasonably provide.

--  Each right is to be listed separately and the corresponding works or
    things for each right applied for are to (be) clearly listed and
    described.

--  Definite and detailed plans and specifications for any proposed dams,
    transmission towers, and any other works or things that Trelawney
    proposes to construct or have constructed or done. For example, where
    the easements pertains to the building of a dam, then plans and
    specifications for the dam are to be provided. The dam's effect on
    watercourses is to be specified, with upstream and downstream impact
    specified as well with potential creation of floodplains delineated and
    drops in water levels indicated.

--  The land or property being affected along with the owner or owners as
    far as they can be ascertained.

--  A map or plan of the locality showing the land and water involved."

The tribunal further ordered that Sanatana has the right to produce and file a response to Trelawney's materials described above on or before August 8, 2014.

The tribunal further authorized Trelawney and any of its engineers, assistants or other employees, to enter on the Watershed Property to make such examinations and to take such measurements as may be necessary for the production of the information required by the order.

Finally, the tribunal ordered that no costs be awarded to either party in connection with the motion.

Once the above information is produced and filed, Sanatana and Trelawney may coordinate with the tribunal with respect to setting down a hearing date.

About the Company

Sanatana Resources Inc. is a Canadian mineral exploration and development company focused on its Watershed property in Ontario. Sanatana entered into an option and joint venture agreement with Trelawney Augen Acquisition Corp. (formerly Augen Gold Corp.) ("TAAC") which grants Sanatana an option to acquire up to 51% of the Watershed Property consisting of 46 mining claims totalling approximately 19,006 acres and located within the townships of Yeo, Chester, Neveille and Benneweis. As at November 28, 2012, Sanatana exercised its first option and is the legal and beneficial owner of 50% of the Watershed Property. Sanatana has until March 23, 2016, to decide whether to exercise its right to acquire a further 1% in the Watershed Property.

In June 2012, IAMGOLD Corporation completed its acquisition of Trelawney Mining and Exploration Inc. and became the sole indirect shareholders of TAAC. In 2013, Sanatana expanded the Watershed Property by acquiring, for the sole benefit of Sanatana and TAAC, a 20% interest in three additional mining claims located in Yeo and Chester Townships, Ontario. In addition to the Watershed Property, Sanatana also has mineral exploration property in Saskatchewan. With an experienced management team and board of directors, the Company has the ability required to identify, develop and fund economic mineral properties. Sanatana is based in Vancouver and is listed on the TSX Venture Exchange (TSX VENTURE: STA).

SANATANA RESOURCES INC.

Peter Miles, President and Chief Executive Officer

Cautionary Statement Regarding "Forward-Looking" Information

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. 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.

Contacts:
Sanatana Resources Inc.
Mr. Peter Miles
President and Chief Executive Officer
604-408-6680
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more than 24 years of IT Operations experience with a focus on highly-scalable architectures.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
CI/CD is conceptually straightforward, yet often technically intricate to implement since it requires time and opportunities to develop intimate understanding on not only DevOps processes and operations, but likely product integrations with multiple platforms. This session intends to bridge the gap by offering an intense learning experience while witnessing the processes and operations to build from zero to a simple, yet functional CI/CD pipeline integrated with Jenkins, Github, Docker and Azure...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.