Northwire Canada EditionThursday, September 3, 2026
Northwire
GOLD 4534.70 +2.7% SILVER 67.61 +3.3% COPPER 6.67 +1.1% OIL 91.77 +0.8% PALLADIUM 1442.50 +6.0% LVG 0.310 −1.6% GAL 0.650 −3.0% WRX 0.040 +0.0% PHD 0.040 −11.1% DYG 0.135 +8.0% GR 0.070 +0.0% ANOR 0.080 +0.0% MOON 8.28 +0.5% TRCG 0.180 +0.0% IMG 28.61 +2.4% WRLG 0.910 +1.1% GGD 4.49 +3.0% K 43.38 +3.7% SLR 0.800 +1.3% FFM 1.77 +0.0% GOLD 4534.70 +2.7% SILVER 67.61 +3.3% COPPER 6.67 +1.1% OIL 91.77 +0.8% PALLADIUM 1442.50 +6.0% LVG 0.310 −1.6% GAL 0.650 −3.0% WRX 0.040 +0.0% PHD 0.040 −11.1% DYG 0.135 +8.0% GR 0.070 +0.0% ANOR 0.080 +0.0% MOON 8.28 +0.5% TRCG 0.180 +0.0% IMG 28.61 +2.4% WRLG 0.910 +1.1% GGD 4.49 +3.0% K 43.38 +3.7% SLR 0.800 +1.3% FFM 1.77 +0.0%
Drill Results Routine +

Sanu Gold Confirms 8km Gold Corridor at Daina 1 on Multiple Parallel Structures, in Guinea, West Africa

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

Executive Summary
  • Sanu Gold released results from a 12,890m power-auger program and rock-chip sampling across its Daina property in Guinea.
  • The work expanded the known gold-bearing footprint to multiple parallel structures spanning approximately 8-10km along strike.
  • Rock-chip sampling returned high-grade surface values, including 34.91 g/t Au at Daina 1 North, alongside multiple intervals above 1.0 g/t Au.
  • Auger assays highlighted near-surface mineralization, with intervals such as 6m @ 2.31 g/t Au and 4m @ 3.61 g/t Au.
  • A ground induced polarization (IP) survey covering 133,750 line-meters identified chargeability and resistivity anomalies that correlate with the auger-defined gold trends.
  • Management confirmed plans to commence a minimum 5,000m air-core (AC) and reverse-circulation (RC) drilling program in H1 2026 to test the newly defined Daina 1, 2, and 3 targets.
Material Impact
  • The release is a routine, incremental step in the company's exploration lifecycle. It validates and expands the conceptual footprint of the Daina system but does not constitute a resource estimate, discovery announcement, or financing event.
  • The results align with the December 2025 drilling update, which already confirmed a broad mineralized corridor and outlined H1 2026 drilling plans. This news simply provides the surface and near-surface geophysical/auger data that will guide the upcoming drill holes.
  • Given the company's strong cash position (~$22.3M as of Dec 31, 2025) and zero debt, the planned 5,000m program is fully funded. The market has likely priced in this stage of exploration.
  • Stock impact is expected to be muted. The news lacks the surprise factor or scale required for a material re-rating. It serves as a progress marker rather than a catalyst.
SANU · Price
Company Overview
  • Sanu Gold is a junior exploration company focused on early-stage gold projects in Guinea's Siguiri Basin, a prolific gold-producing region.
  • Flagship asset: Daina property, alongside Bantabaye and Diguifara. The company holds these assets via Technical and Financial Partnership Agreements (TFPAs), with the right to earn up to an 85% interest by funding staged exploration work programs.
  • The company is in the target definition and early drilling phase, utilizing auger, rock-chip, IP, AC, and RC methods to delineate gold-bearing structures before advancing to diamond core drilling and resource estimation.
Read the original news release →

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