Northwire Canada EditionMonday, July 13, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Production / Operations Routine +

Sanu Gold to Commence 10,000-Meter Drill Programme at Daina and Bantabaye; Q1 Auger and IP Programs Define New Targets at Diguifara

Drill Mobilization Confirms Execution of H1 2026 Plan

By The Northwire Desk — AI Analysis May 20, 2026 · 07:31 SANU · 0.275 Sanu Gold Corp.
Executive Summary
  • Sanu Gold Corp announced the commencement of a 10,000-meter drill program across its Daina and Bantabaye properties in Guinea.
  • The program consists of 5,000m AC/RC drilling at Daina and 5,000m RC drilling at Bantabaye South.
  • Recent auger sampling at Diguifara identified a new 2km gold-bearing structure with intercepts up to 2.31 g/t Au over 6 meters.
  • Management states the company is "fully funded" to advance targets across all three properties (Daina, Bantabaye, Diguifara).
  • This follows previous announcements in March 2026 confirming an 8km gold corridor at Daina and December 2025 reporting a CAD $22 million cash position.
Material Impact
  • The news is largely expected; the drilling program was previously disclosed as planned for H1 2026 in the March 31, 2026 release ("plans to commence... minimum of 5,000m").
  • Mobilization confirms execution but does not provide new geological data (results are pending).
  • The "fully funded" claim is critical; given the CAD $22 million cash position reported in December 2025 and five months of operations since then, significant capital burn is likely.
  • No material change to valuation drivers occurs as this is operational progress on a known path rather than a new discovery or financing event.
  • Risk of dilution remains high if the current cash reserves are insufficient for the full program plus overheads.
SANU · Price
Company Overview
  • Sanu Gold Corp focuses on gold exploration in the Siguiri Basin, Guinea, West Africa.
  • Flagship Project: Daina Property, which has defined multiple mineralized trends (Daina 1, 2, 3) spanning up to 8km strike length.
  • Other Properties: Bantabaye and Diguifara are secondary exploration targets with historical intercepts and recent auger/rock chip highlights.
  • Development Stage: Early-stage exploration; drilling is testing geochemical anomalies rather than defining a resource.
Read the original news release →

More from Sanu Gold Corp.

Mar 31, 2026 · 07:31

Sanu Gold Maps 8km Daina Corridor as Cash Cushion Funds H1 Drill Push

Drill Results Feb 19, 2026 · 16:59

SEDAR Interim Financial Statements

None Dec 11, 2025 · 07:02

Sanu Gold Reports That Drilling Has Defined a Broad Mineralized Corridor at Its Daina Property in the Siguiri Basin in Guinea

Drill Results Nov 25, 2025 · 15:11

SEDAR Interim Financial Statements

None