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Sanu (CSE:SANU) samples significant gold at Daina Permit in West Africa

Mining
CSE:SANU
29 July 2022 09:30 (EDT)

Source: Sanu Gold Corp.

Sanu Gold Corporation (SANU) reported “significantly elevated” gold was recently exposed by artisanal miners at its Daina Permit.

307 rock chip samples of up to 12.5 grams per tonne of gold (g/t Au) were collected from bedrock exposed in artisanal workings at the Daina 1, 2 and 6 targets.

Sanu Gold CEO Martin Pawlitschek commented that his team was highly encouraged by the well-developed, wide zones of mineralization exposed by artisanal miners at Daina 1, Daina 2 and Daina 6 targets.

“The rock chip sampling and small-scale artisanal gold extraction activities clearly show that the kilometer scale gold geochemistry trends at Daina 1, Daina 2 and Daina 6 are formed over significant zones of bedrock mineralization. Given that the local mining activities open only a small fraction of the larger trends, we are confident that the auger drilling will define further zones of bedrock mineralization beneath the laterite cover.”

Source: Sanu Gold Corp.

The company is in the final phases of completing a drill sampling program that will reach deeper than 15,000 metres over the Daina 1, Daina 2 and Daina 6 anomalies and is in the final phases of compiling assay results for the definition of bedrock gold anomalies. 

Sanu Gold (SANU) is exploring three high quality gold exploration permits in Guinea, West Africa targeting multi-million-ounce gold discoveries. The company has defined kilometer scale gold bearing structures on each of the permits with multiple high-value drill targets.

Sanu Gold (SANU) was up 12.28 per cent trading at $0.32 a share as of 9:35 am ET.


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