Northwire Canada EditionWednesday, August 12, 2026
Northwire
XTG 2.64 +0.0% LIFT 2.87 +0.0% ANK 0.340 +0.0% FIN 0.105 +0.0% BTO 7.05 +0.0% SGD 17.18 +0.0% CNC 1.57 +0.0% EFR 20.59 +0.0% UTWO 0.350 +0.0% LVX 0.530 +0.0% BONE 0.035 +0.0% CLCH 1.12 +0.0% DRY 0.305 +0.0% PUMA 0.130 +0.0% TECK 92.12 +0.0% AHR 1.05 +0.0% XTG 2.64 +0.0% LIFT 2.87 +0.0% ANK 0.340 +0.0% FIN 0.105 +0.0% BTO 7.05 +0.0% SGD 17.18 +0.0% CNC 1.57 +0.0% EFR 20.59 +0.0% UTWO 0.350 +0.0% LVX 0.530 +0.0% BONE 0.035 +0.0% CLCH 1.12 +0.0% DRY 0.305 +0.0% PUMA 0.130 +0.0% TECK 92.12 +0.0% AHR 1.05 +0.0%
Drill Results

Sranan samples 26.7 g/t Au at Tapanahony

SRAN · Price

Executive Summary

  • Sranan Gold reports high‑grade grab samples from the Poeketi target, with highlights of 26.7 g/t and 25.8 g/t Au.
  • The new underground grab results extend the Poeketi target to roughly 1,000 m strike length, slated for trenching and drilling.
  • Mechanical issues with the diamond core rig at Randy’s Pit have been resolved; drilling is now underway north of Randy’s Pit.

Key Details

  • Sample Highlights:
  • Grab sample #1: 26.7 g/t Au (Poeketi target)
  • Grab sample #2: 25.8 g/t Au (Poeketi target)
  • Historical Context:
  • Prior high‑grade grab/rock chip samples from nearby underground workings reported 108 g/t and 84 g/t Au (May 15, 2025 release).
  • Target Geometry:
  • Poeketi target now defined over ~1,000 m strike length, open in both directions.
  • Fault‑filled quartz veins with sulphides hosted in strained volcanic wall rock; shear zone strikes WNW, dips 70–80° SW.
  • Exploration Plan:
  • Upcoming trenching and drilling to test the extended Poeketi target.
  • Randy’s Pit target (≈500 m) also slated for further trenching and drilling; drill hole 25RADD‑001 previously intersected 11.5 m @ 3.64 g/t Au in saprolite.
  • Operational Status:
  • Diamond core rig mechanical issues at Randy’s Pit have been resolved; current drilling activity is north of Randy’s Pit.
  • Assay Procedures:
  • Samples processed by Filab (Paramaribo, Suriname).
  • All samples >2 g/t Au were re‑assayed using a 50‑gram reassay and gravimetric method; QA/QC procedures met reproducibility standards.
  • Qualified Person Statement:
  • Dr. Dennis J. LaPoint, PhD, PGeo (EVP Exploration & Corporate Development) reviewed and approved the technical information; he is not independent of Sranan Gold.

Notable Quotes

“Having access to the small‑scale underground mining is a significant advantage for our exploration efforts… These most recent grab samples extend the Poeketi target to over 1,000 metres, to be tested by trenching and drilling.” – Dr. Dennis LaPoint, EVP Exploration & Corporate Development.

Read the original news release →

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