Slide 1: Exploration & Discovery in the World's #1 Gold Mining Region
Exploration & Discovery in the World’s #1 Gold Mining Region CSE:SANU | OTCQB:SNGCF CORPORATE PRESENTATION August 2023 S A N U G O L D C O R P . C O M GUINEA HIGH-GRADE DRILLING MULTI-MILLION WEST AFRICA GOLD DISCOVERY UNDERWAY OUNCE GOLD POTENTIAL
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: Sanu Gold at a glance
Sanu Gold at a glance About the company 3 high grade projects in Guinea Team with over 50 years combined experience Large, highly prospective land package in West Africa in West African gold exploration, development and production - the #1 gold producing region in the world Listed on the CSE in mid-
Slide 4: Guinea: Country Snapshot
Guinea: Country Snapshot French-speaking West African republic; similar in size to the UK Transitional government since 2021 GUINEA Mining is a major economic driver, accounting for: 18% & 75% of GDP³ of exports³ Top Top Top Major 20 global 2 global 15 global Undeveloped iron ore resources gold prod
Slide 5: Surrounded by Gold Mining Giants in West Africa
W E S T A F R I C A Surrounded by 1 # gold mining Gold Mining Giants in West Africa region in the world* S E N E G A L M A L I THE FASTEST growing gold production region Daina West Africa supplies Bantabaye d SIGUIRI BASIN Diguifara 15% G U I N E A of annual global gold supply* 140 500 120 Gold Prod
Slide 6: Guinea: the new frontier in gold exploration
Guinea: the new frontier in gold exploration Gold exploration, development Siguiri Mine AngloGold Ashanti and production is focused on Guinea’s Siguiri Basin Production: 304k oz/yr Lefa Mine First Production : 1996 Nordgold PLC Open pit mining from near-surface, Mineral Resource (M&I): 6.2 Moz struc
Slide 7: Sanu Gold Leadership with significant West African experience
Sanu Gold Leadership with significant West African experience Team’s African Company Experience: Management Directors Advisors Martin Pawlitschek Martin Pawlitschek Dusko Ljubojevic President & CEO, Director President & CEO, Director Advisor, Co-Founder Vince Sorace Vince Sorace Brett Richards Execu
Slide 8: Capital Structure
Capital Structure Insiders, Founders and Retail Close Associates CSE:SANU 15% 40% Ticker OTCQB:SNGCF Share Price (as of July 28, 2023) $0.08 52 week low/high (as of July 28, 2023) $0.06 - $0.46 Common Shares 69.5M (Issued and Outstanding) Stock Options 5.7M Warrants 5.8M Shares Fully Diluted 81.0M I
Slide 9: ESG Commitment
ESG Commitment Sanu Gold is committed to being a socially and environmentally responsible partner in the communities in which we operate, starting with building a constructive dialogue with all community stakeholders Communications: Maintaining an Community Improvements: open dialogue with all stake
Slide 10: Drilling for Discovery
Drilling for Discovery Daina Diguifara 7.9M oz Au 25,000 m RC drilling underway Lefa (Nordgold) 2.8M oz Au Yanfolila (Hummingbird) 280 km² total land package with multiple target areas Bantabaye Siguiri between 2 km to 15 km in strike length 6.2M oz Au Dinguiraye Siguiri (Anglo Gold) Located in the
Slide 11: Exploring Bantabaye's high grade potential
Exploring Bantabaye’s GRAB SAMPLES Up to high grade potential 21 g/t Au Bantabaye North 3.5 km 100 km² gold exploration permit in the western Siguiri Basin Nearest deposits include the Bantabaye South Lefa Gold Mine and the Bankan Discovery GRAB SAMPLES 9 km of significant gold anomalies Up to 7 km
Slide 12: Bantabaye New High Grade Discovery
Bantabaye New High Grade Discovery BANT-RC-002 | TARGET 2 11.4 g/t Au over 15 m incl. 41.2 g/t Au over 4 m BA BA BANT-RC-009 | TARGET 3 A A’ NT NT -R -R C 1.44 g/t Au over 13 m C- 00 - 00 Surface 3 2 BANT-RC-001 Oxidized Unoxidized so is t 400 m ni k aul T F BANT-RC-003 | TARGET 2 56m 2.0 g/t Au ove
Slide 13: Bantabaye in action
Bantabaye in action | 13
Slide 14: Daina's 2022 Discovery validates concept & methodology
Daina’s 2022 Discovery 10,000 m RC drilling underway validates concept & methodology 100km² gold exploration permit AngloGold property immediately in the NE Siguiri Basin to the south, along same trend Combined 10 km strike length NEW: Daina 2 Main Zone in 3 high-priority targets new discovery defin
Slide 15: Footprint Comparison
Footprint Comparison Mined Areas vs Sanu Gold Anomalies Mined footprints Mined footprints Auger Anomalies Auger Anomalies (>100 ppb_Au) (>50 ppb_Au) Termite Gold Termite Gold Anomalies Anomalies (>100 ppb_Au) (>100 ppb_Au) Auger Anomalies Daina 2 (>100 ppb_Au) Main Zone Termite Gold 11.9 km Anomalie
Slide 16: The Opportunity
GUINEA HIGH-GRADE DRILLING MULTI-MILLION WEST AFRICA GOLD DISCOVERY UNDERWAY OUNCE GOLD POTENTIAL The Opportunity Large, highly prospective land package in an underexplored part of the #1 gold region in the world – West Africa 25,000 m drill program underway with over 200 holes planned New high grad
Slide 17: For more information please contact
CSE:SANU | OTCQB:SNGCF For more information please contact Fiona Childe VP, Corporate Development and Communications info@sanugoldcorp.com +1-647-473-7268 GUINEA HIGH-GRADE DRILLING MULTI-MILLION S A N U G O L D C O R P . C O M WEST AFRICA GOLD DISCOVERY UNDERWAY Q1 2023 OUNCE GOLD POTENTIAL
Slide 18: Appendix
Appendix CSE:SANU | OTCQB:SNGCF | 18
Slide 19: Recent major investment in the transportation network across Guinea
Recent major investment in the transportation network across Guinea Extensive upgrades Co-development of to the 650 km long highway a 670 km long rail line connecting the capital of Conakry between Government & Industry to the gold mining district to connect the iron ore district to a deep water por
Slide 20: Bauxite in Guinea
Bauxite in Guinea #1 in global proven bauxite reserves (2020 reserve estimate: 7.4 Bt) #2 in global bauxite production (2022 output: 91 Mt) 24% of annual global production is from Guinea Guinea’s bauxite sector is projected to see solid production growth over the coming years, driven by a healthy pr
Slide 21: Iron Ore in Guinea
Iron Ore in Guinea Guinea has significant iron ore potential that has not yet been developed - in large part due of lack of infrastructure Iron ore production is planned in conjunction with the recent investment in infrastructure S IM AN DO U I R ON OR E DEPOSI T In early 2023, Rio Tinto and partner
Slide 22: Sanu's systematic exploration techniques for discovery
Sanu’s systematic exploration techniques for discovery PHASE 1 : COMPLETED Termite Mound Sampling An early exploration tool common in West Africa, termites bring weathered rock to the surface that can be sampled for gold and define broad areas of gold mineralization Sampling depth: typically to the
Slide 23: 2022 Discovery: Daina 2 Main Zone
2022 Discovery: Daina 2 Main Zone Daina 2 Main Zone – High grade gold discovery tested central 300m 4.5 km of 4.5km long mineralized thrust fault - open to depth and along strike Thrust Fault DAINA 2 MAIN ZONE Scout drilling 400 & 800 m north and south of Daina 2 Main Zone DAI-RC-004 returned gold i
Slide 24: Diguifara is within trucking distance to a world class gold mine
Diguifara is within trucking distance to a world class gold mine 80km² gold exploration permit 25 km northeast of the in the NE Siguiri Basin 6.2M oz Siguiri Gold Mine Combined 7 km strike length Artisanal mining throughout permit with 4 high-priority targets GRAB SAMPLES 16 km 89.1 g/t Au Initial t
Slide 25: Key landholdings in the Siguiri Basin
M A L I Daina S I G U I R I B A S I N Diguifara Key landholdings in the Siguiri Basin Lefa (Nordgold) Sanu Gold Corp Hummingbird M A L I AngloGold Ashanti Robex / Sycamore Bantabaye Siguiri Siguiri Endeavour Mining Managem (Anglo Gold) Dinguiraye Nordgold Lydia Madenclik Predictive Discovery Golden
Slide 26: Earn-In Option Key Terms
Earn-In Option Key Terms Stage 1 COMPLETE Stage 2 Stage 3 Stage 4 DAINA DAINA DAINA BANTABAYE BANTABAYE BANTABAYE USD $400,000 expenditure DIGUIFARA DIGUIFARA DIGUIFARA per permit in 18 months to reach a 51% interest o Payment of USD $20,000 USD $600,000 additional USD $1 million of additional Compl