Business
Sylla Gold Exercises Option Agreements to Acquire 100% in The Niaouleni West and Samaya South Properties at Its Niaouleni Gold Project
Bedford, Nova Scotia--(Newsfile Corp. - March 12, 2026) - Sylla Gold Corp. (TSXV: SYG) ...
About this update from Sylla Gold Corp
[{"type":"text","content":"Sylla Gold Exercises Option Agreements to Acquire 100% in The Niaouleni West and Samaya South Properties at Its Niaouleni Gold ProjectBedford, Nova Scotia--(Newsfile Corp. - March 12, 2026) - Sylla Gold Corp. (TSXV: SYG) (\"Sylla\" or the \"Company\") is pleased to announce that it has exercised its option to acquire a 100% interest in the Niaouleni West and Samaya South properties at its Niaouleni Gold Project by making the final cash payments. In addition to the earlier exercise of the Deguefarakole option agreement, the Company has now exercised three of the four option agreements that comprise the 17,200-hectare Niaouleni Gold Project. The Company has until August 31, 2026, to complete the option payments to acquire the 2,100-hectare Sananfara property.Regan Isenor, President and CEO of Sylla, commented, \"Exercising the Niaouleni West and Samaya South option agreements marks an important milestone for Sylla Gold, as it consolidates 100% ownership of these highly prospective properties within our broader Niaouleni land package. By exercising these options agreements, we've strengthened the strategic footprint of the project and positioned the Company to systematically unlock the potential of the Niaouleni gold system.\"The Niaouleni Gold Project is located within the emerging Sanankoro-Kobada-Niaouleni Gold Corridor. The Company's exploration work to date has been completed within its 9,200-hectare Deguefarakole licence area (Figure 1). The Company completed 76 reverse circulation drill holes during its maiden drill program conducted between August 2022 and March 2023, encountering anomalous gold grades over significant widths in 66 of 76 RC holes drilled on the property (see Sylla press releases dated August 29, 2022, September 13, 2022, and April 12, 2023). Drilling was mainly focused around the Niaouleni South Prospect. The Company's drilling activities extended the strike length at Niaouleni South to 700 m and remains open to the north, south and at depth. The Niaouleni South prospect sits approximately 6 km along strike from Toubani Resources Kobada gold deposit.Niaouleni WestNiaouleni West represents one of the most compelling exploration opportunities within the highly prospective Niaouleni-Kobada-Sanankoro gold corridor. Positioned directly along the extension of the significant shear zone that hosts T...