Sanu Gold Corp. · CSE:SANU
Sanu Gold — Investor Presentation (July 2022)
27 slides from Sanu Gold's investor presentation, Jul 12, 2022
Slide 1: Corporate Presentation July 2022
CORPORATE PRESENTATION July 2022 CSE:SANU S A N U G O L D C O R P . C O M
Slide 2: Disclaimer
Disclaimer Certain statements contained in this presentation, and in certain documents incorporated by reference in this This information is not intended to be and should not be construed as an presentation, constitute "forward- looking statements". All statements other than statements of historical
Slide 3: Why Sanu Gold
Why Sanu Gold 3 High Quality Gold Projects Extensive Gold >35,000m of Auger Drilling In Guinea, West Africa Anomalies Defined underway – significant targets emerging o Three license total over 258 km² o Systematic termite mound geochemistry o Daina: with multiple target areas between – with over 16,
Slide 4: About Guinea
About Guinea Three large gold mining operations M A L I by Anglo Gold, Nordgold and Managem S E N E G A L each with a Resource base of 3M oz to 7.8M oz Au Diguifara Siguiri (Anglo Gold) 5.2M oz Au Daina Increased interest by junior explorers, especially from ASX Lefa (Nordgold) 7.8M oz Au Significan
Slide 5: Guinea's Gold Mining Industry
Guinea’s Gold Mining Industry More than 24 tonnes of gold annually The Siguiri basin is host to four and contains estimated gold reserves of industrial scale gold mines & deposits 700 tonnes predominantly in the gold that have all been discovered and developed bearing Siguiri basin over the last 15
Slide 6: Guinea's Latest Gold Discovery
Guinea’s Latest Gold Discovery Drill testing of surface geochemistry Predictive Discovery (ASX) – Bankan Project delivered the greenfield discovery announced in April 2020 18 months w/ $10M USD spend for Significant widths and grades 3.6M oz Au June 8, 2022 intercepted over a 1600m strike length $30
Slide 7: Three drill ready gold exploration projects
Three drill ready gold exploration projects Daina Diguifara Overview Lefa (Nordgold) 7.8M oz Au Located in an emerging Tier 1 gold district Total of 258 km² Bantabaye Earn-in agreements Siguiri (Anglo Gold) Siguiri 5.2M oz Au Targets between 2-10 km in strike length on each property Dinguiraye Drill
Slide 8: Daina Property Overview
Daina Property Overview Peak values in termite samples of +8g/t Au +11,000 termite mound samples collected 15.6 km +10 km of gold anomalous structure defined Legend Gold consistently anomalous, with samples >0.5g/t Au common Property Boundary Extensive small scale artisanal mining throughout the per
Slide 9: Daina Target Areas
Daina Target Areas Large regional structures identified Significant artisanal mining 4 target areas defined Sample media – termite mound 15.7 km Legend Property Boundary Gold Anomalies (>200 ppb_au) Shear Zone Artisanal Mining Target Area 9 km CSE:SANU |9
Slide 10: Diguifara Property Overview
Diguifara Property Overview Peak values in termite samples of +10g/t Au * +3000 termite mound samples collected +8 km of gold anomalous structure defined Legend 14.5 km Gold consistently anomalous, with samples >0.5g/t Au common Property Boundary Small scale artisanal mining common through out the p
Slide 11: Diguifara Target Areas
Diguifara Target Areas Outcropping quartz veins at surface 4 target areas defined Extensive artisanal mining 17 km Legend Property Boundary Gold Anomalies (>200 ppb_au) Fault Shear Zone Artisanal Mining Target Area 5 km CSE:SANU | 11
Slide 12: Diguifara in Action
Diguifara in Action Quartz veins associated with deformed and hydrothermally altered volcanoclastic rock samples returned gold values up to 2.26 g/t and 2.96 g/t Au * See Appendix “Project Sample Specifications” for more information CSE:SANU | 12
Slide 13: Bantabaye Property Overview
Legend Property Boundary Gold Anomalies (>200 ppb_au) x Termite Samples ppb_au 0-25 Bantabaye 25-50 50-100 100-200 Property Overview >200 Peak values in termite samples of +2 g/t Au * +2,500 historic termite mound samples +5 km of gold anomalous structure defined Gold consistently anomalous, with sa
Slide 14: Bantabaye Target Areas
Bantabaye Target Areas 7 target areas defined Extensive artisanal mining Attractive structural setting 3.6 km Legend Strong alteration showing in artisanal mine workings Property Boundary Gold Anomalies (>200 ppb_au) Fault Thrusts Shear Zone Artisanal Mining Target Area 6.5 km 4 km CSE:SANU | 14
Slide 15: Bantabaye in Action: Target
Bantabaye in Action: Target * See Appendix “Project Sample Specifications” for more information Highly sheared volcanocalstic rock. Shear zones along the thrust fault. Altered and mineralized sub-surface rock Sub-surface samples returned values Sub-surface samples returned samples returned values in
Slide 16: Bantabaye in Action: Target
Bantabaye in Action: Target Brecciated sandstone showing intense hydrothermal alteration and hosting gold mineralization targeted by local miners. Sub-surface samples collected returned values of 5.92 g/t, 2.49 g/t and 2.54 g/t Au* * See Appendix “Project Sample Specifications” for more information
Slide 17: Work Program
Work Program >35,000m of Auger 15,000m of RC drilling Drilling underway set to commence in H2 2022 JULY 2022 H2 2021 H1 2022 H2 2022 H1 2023 Daina Initial Target Definition Complete Auger Drilling >15,000m ASSAYS 2,500m ASSAYS Target Drilling (RC & DD) 2,500m ASSAYS ADDITIONAL DRILLING - TBC Diguifa
Slide 18: Management
Management Martin Serigne Sekou Gavin Pawlitschek Dieng PhD, M.Sc. Traoré Cooper CFA, CA President & CEO, Exploration General CFO Director Manager Manager o International mining professional o Over 20 years of experience in o Over 20 years of extensive mining o CPA with extensive experience in with
Slide 19: Board of Directors
Board of Directors Vince Martin Fatou Galen Sorace Pawlitschek Gueye McNamara Executive Director, Director, Director Chairman Co-Founder Co-Founder o Mining and technology entrepreneur o International mining professional o Extensive experience as a senior o Entrepreneur and Geologist with with over
Slide 20: Advisory Board
Advisory Board Dusko Ljubojevic Brett Richards Peter Flindell Advisor, Advisor Advisor Co-Founder o Experienced resource industry executive and o Over 34 years of experience in mining and o 35 years of experience in mineral exploration geologist with over 15 years of broad metals including mine fina
Slide 21: Capital Structure
Capital Structure Founders, Management & Insiders 51% Share Price (Price of previous financing)* $0.33 Common Shares Issued 58,341,001 Stock Options 3,600,000 * $6.6M raised at $0.33 per share (December 2021) High-Net Worth 38,341,001 common shares are subject to resale restrictions Individuals up t
Slide 22: For more information
CSE:SANU For more information info@sanugoldcorp.com S A N U G O L D C O R P . C O M
Slide 23: Strike Length Comparison
Strike Length Comparison Mined areas vs Sanu gold anomalies Mined footprints Mined footprints Gold Anomalies Gold Anomalies (>200 ppb_au) (>200 ppb_au) 6.2 km Gold Anomalies (>200 ppb_au) 11.9 km 14.5 km 15.6 km 13.3 km Assays pending on ~4,000 termite samples collected in 2021 4 km 4 km 4 km 4 km 4
Slide 24: Clear of Protected Lands
Clear of Protected Lands M A L I S E N E G A L Diguifara Siguiri (Anglo Gold) 5.2M oz Au Daina Lefa (Nordgold) 7.8M oz Au All 3 of Sanu’s properties are Tri-K Deposit (Managem) Bantabaye 3M oz Au clear of protected lands G U I N E A PDI (Bankan) Kiniero (Semafo) 3.6M oz Au 0.9M oz Au S I E R R A L E
Slide 25: Earn-In Option Key Terms
Earn-In Option Key Terms Stage 1 Stage 2 Stage 3 Stage 4 USD $400,000 expenditure USD $600,000 additional USD $1 million of additional Completion of a DFS per permit in 18 months to expenditure per permit expenditure OR definition of to reach an 85% interest reach a 51% interest within a further 18
Slide 26: Project Sample Specifications
Project Sample Specifications TYPE NUMBER PEAK AREA PROJECT OF SAMPLE RANGE OF SAMPLES VALUE TESTED Termite 0.1 to 2,000 ppb 6,368 2 g/t Northern Bantabaye Bantabaye Pits 0.1 to 18.3 g/t 65 18.3g/t Northern Bantabaye Rock Chips 0.1 to 630 ppb 123 0.63 g/t BantabayePermit Termite 0.1 to 10.932 g/t 5,
Slide 27: Tenement Schedule
Tenement Schedule PERMIT NAME AREA SIZE (km2) PERMIT’S HOLDER CODE ARRETÉ GRANT DATE 1ST RENEWAL 2ND RENEWAL FINAL DATE DATE DATE Societe Ressources Bantabaye Kouroussa 99.9 Mining Sarl 22442 A2018/5734/MMG/SG G 12 Sep 2018 11 Sep 2021 10 Sep 2023 9 Sep 2025 Nature Exploration & Diguifara Siguiri 80