Sanu Gold Reports That Drilling Has Defined a Broad Mineralized Corridor at Its Daina Property in the Siguiri Basin in Guinea
Executive Summary
- Sanu Gold reported extensive FY‑2025 drilling across its three Guinea permits, completing 17,802 m (205 holes) with a focus on the Daina property (12,896 m).
- Significant intercepts were returned at multiple Daina targets, including 16 m @ 1.81 g/t Au (including 2 m @ 12.24 g/t Au) and 9 m @ 1.22 g/t Au (including 1 m @ 9.56 g/t Au).
- The company confirmed a cash position of approximately CAD 22 million, stating it is fully funded to continue exploration into FY‑2026 with planned follow‑up drilling and geophysical work.
Key Details
- Drilling Summary (FY‑2025)
- Total meters drilled: 17,802 m across 205 holes.
- Daina property: 12,896 m (164 holes – 109 AC, 46 RC, 9 DD).
- Diguifara property: 4,305 m (38 holes).
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Bantabaye property: 601 m (3 DD holes).
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Daina 2 Target (Step‑out Air Core)
- 16 m @ 1.81 g/t Au from 44 m (incl. 2 m @ 12.24 g/t Au).
- 12 m @ 1.71 g/t Au from 12 m (incl. 2 m @ 3.90 g/t Au).
- 12 m @ 1.32 g/t Au from 54 m (incl. 4 m @ 3.02 g/t Au).
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6 m @ 1.26 g/t Au from 36 m (incl. 2 m @ 3.23 g/t Au).
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Salat East Target (RC & DD)
- 21 m @ 1.02 g/t Au from 17 m (incl. 5 m @ 1.80 g/t Au, 3 m @ 1.92 g/t Au).
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20 m @ 0.66 g/t Au from 175 m (incl. 1 m @ 15.41 g/t Au from 281 m).
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Daina 1 South Target
- 9 m @ 1.22 g/t Au from 175 m (incl. 1 m @ 9.56 g/t Au).
- 24 m @ 0.72 g/t Au from 34 m (incl. 1 m @ 7.03 g/t Au).
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10 m @ 0.83 g/t Au from 46 m (incl. 1 m @ 1.92 g/t Au).
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Bantabaye Property
- DD Hole BANT‑DD‑001: 4 m @ 3.00 g/t Au from 169 m (incl. 1 m @ 8.12 g/t Au).
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DD Hole BANT‑DD‑003: 14 m @ 0.87 g/t Au from 62 m (incl. 4 m @ 2.39 g/t Au).
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Diguifara Property – Multiple Targets
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Notable intercepts include:
- DIG‑AC‑008: 66 m @ 0.33 g/t Au (incl. 2 m @ 2.21 g/t Au).
- DIG‑DD‑001: 14 m @ 0.60 g/t Au from 296 m (incl. 1 m @ 5.64 g/t Au).
- DIG‑DD‑003: 5 m @ 1.47 g/t Au from 107 m (incl. 1 m @ 5.97 g/t Au).
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Cash Position
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Approximate cash and cash equivalents: CAD 22 million – sufficient to fund FY‑2026 exploration program.
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Planned FY‑2026 Activities
- Infill AC/RC drilling on Daina 2 gaps.
- IP surveys and follow‑up RC/AC drilling at Salat East and Daina 1 South.
- Additional target definition (IP, auger sampling) across the district.
- First drill test of Bantabaye South targets in Q1‑2026; further RC/AC work on Bantabaye North.
Notable Quotes
- Martin Pawlitschek, President & CEO: “These latest results further confirm the strength and potential scale of the Daina gold system… mineralization remains open along strike and at depth, presenting an increasingly compelling opportunity for systematic follow‑up drilling in Q1‑2026.”
Materiality Assessment: Material – Positive (significant drill intercepts across multiple targets and a strong cash position suggest material impact on the company’s valuation and future development plans).