Business
Sanu Gold Commences 2023 Drill Program in Guinea, West Africa
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) ("Sanu Gold" or the "Company") is pleased to an
About this update from Sanu Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) (\"Sanu Gold\" or the \"Company\") is pleased to announce the commencement of the 2023 drill program on its highly prospective gold exploration permits in Guinea, West Africa. The Company has planned a 25,000 metre (\"m\") reverse circulation (\"RC\") drill program (the \"2023 Program\") which includes 10,000 m of RC drilling on each of the Daina and Bantabaye Gold Exploration Permits (\"Daina\" and \"Bantabaye\", respectively) and a further 5,000 m of RC drilling on the Diguifara Gold Exploration Permit (\"Diguifara\"). Martin Pawlitschek, President and CEO of Sanu Gold commented: \"Drilling is scheduled to commence in early March on Daina to follow up on the 2022 discovery of the Daina 2 Main Zone, while access and drill pads are being prepared at Bantabaye, our flagship project. Following a first round of drilling at Daina, we plan to begin the inaugural drill program at Bantabaye. Drilling in 2022, which focused primarily on one target on one of our three properties, yielded an exciting new discovery at the Daina 2 Main Zone. We are resuming drilling with a significantly larger program to both follow up on our first discovery and test some of our best targets, which we couldn't access in last year's drill program that took place during the wet season.\" \"West Africa is the number one gold producing region in the world, and Guinea's underexplored Siguiri Basin has proven itself for the discovery of near surface, oxide-hosted, multi-million ounce gold deposits. Our targets in the Siguiri Basin have excellent potential for additional new discoveries and we look forward to updating the market with our results over the coming months,\" continued Mr. Pawlitschek. Daina Highlights and Plans An initial (3,675 m, 42 hole) RC drill program was conducted on the D1, D2 and D6 targets in 2022 (the \"2022 Program\"), leading to the discovery of Daina 2 Main Zone (\"D2MZ\"), located in the central portion of the 4.5 kilometre (\"km\") long D2 target area. Gold mineralization was intersected in all three target areas tested in the 2022 Program. The D2MZ was tested on three 65 m spaced lines and is open along strike and downdip. RC drill highlights from the D2MZ include: 5.48 grams of gold per tonne (\"g/t Au\") over 15 metres (...