Business
Sanu Gold Announces Positive Cyanide Leach Test Results at Bantabaye Permit in Guinea, West Africa: 92 to 93% Average Gold Recovery
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2023) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) ("Sanu Gold" or the "Company") is pleased t
About this update from Sanu Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - November 16, 2023) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) (\"Sanu Gold\" or the \"Company\") is pleased to announce positive initial cyanide leach test results from the Company's flagship Bantabaye gold exploration permit (\"Bantabaye\" or the \"Permit\") in Guinea, West Africa. The Permit, which lies on the western margin of Guinea's prolific Siguiri Basin, is located approximately 50 kilometres (\"km\") south of the multi-million ounce Lefa Gold Mine and 80 km north of the multi-million ounce Bankan Gold Project. Highlights: Initial cyanide leach test work (the \"Test Work\") was undertaken on representative samples from the main mineralized rock types drilled in the Company's inaugural H1/2023 drill program, The Test Work returned average gold recoveries of 92 to 93% from the three rock types tested, including: 93% average recovery from unoxidized mafic rock (range: 91 to 96%), 92% average recovery from unoxidized felsic rock (range: 84 to 95%), 92% average recovery from oxidized felsic rock (range: 86 to 97%; Table 1), Results demonstrate highly favorable gold recoveries may be achieved with cyanide leaching. Martin Pawlitschek, President and CEO commented: \"At our flagship project in Guinea, West Africa, initial cyanide leach test work from the three main mineralized rock types drilled in the Company's inaugural H1/2023 drill program has returned very encouraging results, highlighting the potential for good gold recoveries by conventional crush-grind-cyanide leaching processes at Bantabaye. Oxidized and fresh rock types from the main mineralized zones drilled to date have returned average gold recoveries of 92 to 93%, which compares favorably with gold mining operations and projects in the region. As drilling progresses more detailed metallurgical studies will be undertaken, focusing on further characterization of the different mineralized rock types and optimization of potential recoveries.\" Program Summary The primary objective of the Test Work was to assess potential gold recovery by cyanide leaching for gold mineralization discovered to date at Bantabaye. Material for testing was collected from reverse circulation (\"RC\") drill chip rejects from the Company's H1/2023 Phase 1 RC drill program at Bantabaye, which consisted of 3,198 metres (\"m\") drilled in 28...