Sanu Gold issues update on maiden drill program on Daina Gold Exploration Permit

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Sanu Gold issues update on maiden drill program on Daina Gold Exploration Permit

Sanu Gold Corporation has provided an update on its maiden drill program underway on the Daina Gold Exploration Permit in Guinea, West Africa.

The drill program commenced in early August, 2022 and is fully underway with one RC drill rig at the Daina 2 target. Drilling will progress from the Daina 2 to the Daina 6 target, and then to the Daina 1 target. The goal of the program is to conduct an initial drill test of three newly developed gold targets defined from termite mound geochemical sampling, mapping, shallow-auger drilling and high-grade gold in rock chip samples from shallow artisanal mining pits.

15 reverse circulation (“RC”) drill holes (over 1,490 metres (“m”)) completed at the Daina 2 target, testing an initial 1 kilometre (“km”) strike length of the potentially 4.5 km long mineralized corridor.

Drilling progress

Large zones of deformation, hydrothermal alteration and quartz veining with disseminated pyrite and arsenopyrite hosted in shallowly dipping, coarse-grained sediments (including an oxidized/saprolite zone up to 50 m thick at the top of the altered and potentially mineralized bedrock) were intercepted in the drillholes completed to date.

Drilling is progresses through the property, from the Daina 2 target to the Daina 6 and Daina 1 targets. A total of 950 samples from the first ten RC holes have been sent for assay; results are pending.

“Our initial drill program at Daina is progressing very well. With the first fifteen drill holes, we have established the orientation, approximate thickness, style and trend of the mineralized system at the Daina 2 target, one of six priority target areas defined by termite mound geochemistry, mapping, shallow-auger drilling and rock chip sampling. The first phase of the current program is focused on testing along 1 km of strike length of the 4.5 km long overall gold-bearing structure at the Dania 2 target. As we move on to drill test the Daina 6 and Daina 1 targets, we are eagerly awaiting gold assay results from the first drill holes that were dispatched to the laboratory last week,” said Martin Pawlitschek, CEO of Sanu Gold.

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