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Sanu Gold Continues to Intersect Gold Mineralization at Multiple Targets on Bantabaye Permit in Guinea, West Africa
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2023) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) ("Sanu Gold" or the "Company") is pleased to ann
About this update from Sanu Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - June 5, 2023) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) (\"Sanu Gold\" or the \"Company\") is pleased to announce additional gold intercepts from multiple target areas on the 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 once Lefa Gold Mine and 80 km north of the multi-million ounce Bankan Gold Project. The Company has received the results from a further 19 drill holes from its inaugural reverse circulation (\"RC\") drill program at Bantabaye, targeting extensive and continuous zones of gold in bedrock anomalies. Highlights include: 1.44 g/t Au over 13 m at Target 3 (BANT-RC-009)1, 0.90 g/t Au over 17 m at Target 2 (BANT-RC-006), and 0.87 g/t Au over 13 m, as well as 3.47 g/t Au over 1 m further downhole at Target 7 (BANT-RC-022). Martin Pawlitschek, President and CEO, commented: \"It is extremely positive to see that we have intersected significant zones of gold mineralization on three main targets at Bantabaye. Gold mineralization at these targets occurs along a 6 kilometre long segment of the Bantabaye Thrust Fault, interpreted to be a key feature in this large, structurally hosted gold-bearing system. Importantly, we are also seeing similarities between gold mineralization at Bantabaye and other recent discoveries in the Siguiri Basin.\" \"These targets are now confirmed as hosting significant widths and grades of gold mineralization. They are open in all directions and will require systematic follow-up drilling,\" continued Mr. Pawlitschek. Program Details The inaugural RC drill program at Bantabaye commenced in early April, 2023. To date, the Company has drilled 2,475 m in 22 RC holes on Targets 2, 3, 4 and 7. This program was designed to provide an initial drill test below high grade gold in rock chip samples from artisanal working pits at high-priority targets. As reported in the Sanu Gold news release dated May 17, 2023, results from the first three holes of the program from Target 2 included: 11.4 g/t Au over 15 m, including 41.2 g/t Au over 4 m in BANT-RC-002, and 2.0 g/t Au over 12 m, including 6.8 g/t Au over 1 m and 5.0 g/t Au over 1 m in BANT-RC-003. Target 2 ...