Sanu Gold Discovers High-Grade Mineralization in Guinea
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Sanu Gold Discovers High-Grade Mineralization in Guinea

byColin Sandell-Hay, Contributor - The Assay
3 years ago
Reading Time: 2 mins read
Sanu Gold Discovers High-Grade Mineralization in Guinea

Sanu Gold Corporation (CSE: SANU) has made its first discovery at the Bantabaye gold exploration permit in Guinea, West Africa.

The Permit, which lies on the western margin of Guinea’s prolific Siguiri Basin, is located approximately 50km south of the multi-million once Lefa Gold Mine and 80km north of the multi-million ounce Bankan Gold Project.

In April 2023, the company commenced its inaugural reverse circulation (RC) drill programme at Bantabaye, targeting extensive and continuous zones of gold in bedrock anomalies. Results have been received from the first three holes, which were drilled at Target 2.

Target 2 RC Drill Highlights: 11.4g/t Au over 15m, including 41.2g/t Au over 4m in BANT-RC-0021, and 2.0g/t Au over 12m, including 6.8g/t Au over 1m and 5.0g/t Au over 1m in BANT-RC-003.

“The first set of drill results from our flagship project in Guinea, West Africa has returned broad intervals of near-surface, high grade gold mineralization. With the first three holes ever drilled at Bantabaye we have made our second discovery in Guinea, this time having intersected 11.4g/t Au over 15m, including 41.2g/t Au over 4.0m at Target 2, starting at a depth of approximately 25m from surface,” President and CEO, Martin Pawlitschek, said.

“To date we have completed drilling a total of 22 holes at Bantabaye, consisting of a further three holes at Target 2 and 16 holes at three additional high-priority targets.

“Today’s results demonstrate the potential for significant discoveries at Bantabaye and we are excited to continue to update the market as further results are received. Target 2 is only one of several targets identified over a 6 km segment of the Bantabaye thrust fault.”

The ongoing 10,000m RC drill programme at Bantabaye is testing multiple high priority gold anomalies defined by previously completed surface and auger sampling on this 100sq. km permit.

For further information please visit: https://sanugoldcorp.com/

Tags: CSE: SANUGoldGuineaPrecious MetalsWest Africa
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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