Sranan Gold Samples Up To 26.7 Grams Per Tonne Gold in The Poeketi Pit Area of The Tapanahony Project in Suriname

Executive Summary

• Sranan Gold reports additional high‑grade grab samples from the Poeketi target, including two standout assays of 26.7 g/t and 25.8 g/t Au.
• The Poeketi target now extends over ~1,000 m strike length and will be tested by trenching and drilling; mechanical issues with the diamond core rig at Randy’s Pit have been resolved and drilling is underway north of that pit.
• The results reinforce earlier high‑grade findings (up to 108 g/t Au) and support the company’s view that Poeketi and Randy’s Pit are part of a larger gold system.

Key Details

• Sample Highlights – Six grab samples from underground workings north of Poeketi; two highest grades:
• Sample 1830842 – 26.7 g/t Au (fault‑filled quartz vein)
• Sample 1830844 – 25.8 g/t Au (fault‑filled quartz vein)
• Other reported assays – 1.9 g/t, 3.0 g/t, 2.2 g/t, and another 1.9 g/t from similar lithology.
• Target Extension – Poeketi target now spans ~1,000 m strike length; mineralization hosted in fault‑filled quartz veins with sulfide selvages adjacent to highly strained volcanic wall rock.
• Geological Context – Shear zone striking WNW, dipping 70–80° SW; part of a 4.5 km Poeketi‑Randy’s Pit gold trend open in both directions.
• Exploration Plan – Upcoming trenching and drilling to test the extended target; drill hole 25RADD‑001 previously intersected 11.5 m @ 3.64 g/t Au in saprolite at Randy’s Pit.
• Operational Update – Mechanical issues with diamond core rig at Randy’s Pit have been resolved; drilling currently active north of the pit.
• QA/QC – Samples assayed by Filab (Paramaribo); all >2 g/t re‑assayed with 50 gm and gravimetric methods; QA/QC deemed satisfactory.
• Qualified Person – Dr. Dennis J. LaPoint, EVP Exploration & Corporate Development, reviewed and approved the technical information (not independent).

Notable Quotes

“Having access to the small‑scale underground mining is a significant advantage for our exploration efforts… We believe the Poeketi and Randy’s Pit targets are part of a larger, more robust gold system.” – Dr. Dennis LaPoint, EVP Exploration & Corporate Development

Materiality Assessment: Material – Positive (the high‑grade assay results materially enhance the company’s exploration outlook).