Business
Sanu Gold Announces New High Priority Targets from Ground Geophysics at Daina Exploration Permit in Guinea, West Africa
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2024) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) ("Sanu Gold" or the "Company") is pleased to a
About this update from Sanu Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 22, 2024) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) (\"Sanu Gold\" or the \"Company\") is pleased to announce positive results from the recent ground geophysics program completed on the Company's Daina Gold Exploration Permit (\"Daina\"), located in the prolific Siguiri Basin of Guinea, West Africa. Highlights Targets Ready to Drill: There are large targets highlighted at Daina 1 South and Daina 6 targets. Gold at Surface: Past drilling, recent trenching and rock chip sampling demonstrate high-grade gold mineralization at these targets: 9 m of 7.97 g/t Au in trench DAI-TR-007 at Daina 1 South, Rock chip samples as high as 61.6 g/t Au, 22.3 g/t Au and 20 g/t Au across the Daina 1 South and Daina 6 target areas. 1m of 36.2 g/t Au from drill hole DAI-RC-021 at Daina 6 Size and Scale: The geophysical surveys have identified significant trends of chargeability and resistivity in the areas of known gold mineralization and along the trend of the surface gold anomalies which extend for over 1 km at both the Daina 1 and Daina 6 targets. Martin Pawlitschek, President, and CEO of Sanu Gold commented: \"The relatively small programs of induced polarization (IP) over some of our key targets at Daina extensive strike lengths of highly interesting suggest chargeability and resistivity trends, in many cases aligned with our surface gold geochemistry. These initial surveys and their results demonstrate that this type of survey also adds value at the Daina permit. While in the near term Bantabaye remains the main focus, the survey results confirm that significant strike length of mineralized structures remain untested.\" Program Summary The ground geophysical survey program consisted of 21 line-km of 200m spaced and east-west oriented Gradient Induced Polarization (IP) lines. Four blocks have been completed covering all priority targets including the Daina 1 South, Daina 1 North, Daina 2 Main Zone, and Daina 6 target areas within the Daina Project. The survey was completed by SAGAX Afrique of Ouagadougou, Burkina Faso using the IP method. SAGAX is well experienced in these types of surveys over many other deposits in the region. This release reports on the results from the Daina 1 South and Daina 6 targets. Compilation of results from Daina 2 and Daina 1 North are still ongoing. The o...