- Sanu Gold (CSE:SANU) has completed its inaugural drill program at its flagship Bantabaye gold exploration permit in Guinea, West Africa
- Phase One drilling at Bantabaye included 3,198 metres in 28 reverse circulation drill holes at four target areas
- Target 2 yielded a high-grade gold discovery of 11.4 g/t Au1 over 15 metres, including 41.2 g/t Au over 4 metres
- Sanu Gold Corp. opened trading at $0.06 per share
Sanu Gold (CSE:SANU) has completed its inaugural drill program at its flagship Bantabaye gold exploration permit in Guinea, West Africa.
Phase One drilling at Bantabaye included 3,198 metres in 28 reverse circulation drill holes at four target areas.
Target 2 yielded a high-grade gold discovery of 11.4 g/t Au1 over 15 metres, including 41.2 g/t Au over 4 metres.
Targets 3 and 7 saw broad intervals of gold mineralization intersected at both target areas.
Gold mineralization was discovered at Targets 2, 3 and 7, which intersected over a 1.5 km extent of the 4 km long Tinkisso Fault, a key locus for mineralization in this large, structurally hosted gold system.
The permit possesses notable potential for further mineralization between, and along strike from those targets.
The team also noted strong similarities between the geology and alteration at Bantabaye and recent major gold discoveries in the region.
The permit, which lies on the western margin of Guinea’s Siguiri Basin, is 50 kilometres south of the multi-million ounce Lefa Gold Mine and 80 km north of the multi-million ounce Bankan Gold Project.
The company’s president and CEO, Martin Pawlitschek, called West Africa the number one gold-mining region in the world and added that Guinea is a vastly underexplored portion of the region.
“In the 12 months since Sanu has been listed, we have made near-surface, high-grade gold discoveries in our inaugural drill programs on two separate permits, Bantabaye and Daina. This is an enviable discovery rate and validates both our exploration methodology and the potential on our extensive landholdings in Guinea. We look forward to continuing to discover and delineate new gold deposits in this highly prospective region,” Pawlitschek said in a news release.
Sanu Gold Corp. is a Canadian is a mining, exploration, and development company. The company is exploring three high-quality gold exploration permits in Guinea, West Africa.
Sanu Gold Corp. opened trading at $0.06 per share.
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