Sanu Gold Announces Additional High-Grade Gold Results from the Daina Exploration Permit in Guinea, West Africa: 9 m of 7.97 g/t Au Trench Sampling an

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Algemeen advies 17/03/2024 07:25
Vancouver, B.C., March 15, 2024. Sanu Gold Corporation (CSE: SANU; OTCQB: SNGCF) (“Sanu Gold” or the “Company”) is pleased to announce additional results of trench and rock chips sampling from the Daina 1 South and Daina 6 Targets of the Daina Gold Exploration Permit (“Daina”), located in the prolific Siguiri Basin of Guinea, West Africa.

Highlights Include
Strong Mineralization in Trenches at Surface: 9 m of 7.97 g/t Au, including 3 m of 21.75 g/t Au in trench DAI-TR-007 at Daina 1 South.

High-Grade Samples in Multiple Locations: Rock chip samples collected at across the Daina 1 South and Daina 6 target areas returned grades as high as 61.6 g/t Au, 22.3 g/t Au and 20 g/t Au.

Compelling Targets Emerging: The newly identified high-grade mineralization at Daina 1 South is undrilled and represents a new high-priority target on the Daina Permit.

Systematic Approach to Gold Discovery: Workings and gold mineralization at the Daina 1 South and Daina 6 targets are located within an extensive termite mound and auger gold anomaly aligning with a shear zone trend.

Martin Pawlitschek, President, and CEO of Sanu Gold commented: “The results from the sampling at Daina 1 South and Daina 6 demonstrate that there remains significant untested potential on the Daina permit. While the Company is focused on advancing the work at Bantabaye towards follow-up drilling on its discovery, short tactical campaigns of sampling on geophysics serve to advance the Daina targets while also keeping the permit in good standing.”

Trenching Program
Twelve trenches totaling 104 meters were completed at Daina 1 south (Figure 1 and Table 1) and four trenches totaling 36 meters completed at Daina 6 (Figure 2 and Table 1). All of these trenches were completed in artisanal workings where saprolitized bedrock is exposed by local miners. Geological and structural observations indicate that all trenches at Daina 1 South and Daina 6 targets sampled sheared and hydrothermally altered greywacke and mineralized quartz veinlets and stockworks (Figure 2) that are the main target for the local miners. The gold mineralization at those artisanal working sites at Daina 1 South and Daina 6 are located along NNW-trending and NNE-dipping gold structures that align with extensive termite mound and auger gold anomalies (Figures 1 and 3).

At Daina 1 South, DAI-TR-007 is mineralized in its entire length and returned 9 m of 7.97 g/t Au, including 3 m of 21.75 g/t Au. All samples from DAI-TR-011 returned gold values above detection limit, with 6 of 9 samples returning grades above 1.0 g/t Au, including 1 m of 59.3 g/t Au and 1 m of 4.67 g/t Au. The trench DAI-TR-011 is 7 meters long and returned 7 m of 1.22 g/t Au. The other trenches completed at Daina 1 South returned significant gold intercepts including:

DAI-TR-001: 1m of 0.39 g/t Au, 2m of 0.34 g/t Au and 1m of 0.37 g/t Au
DAI-TR-004: 1m of 1.38 g/t Au
DAI-TR-005: 1m of 0.67 g/t Au
DAI-TR-008: 4m of 0.8 g/t Au
DAI-TR-009: 8m of 0.43 g/t Au
DAI-TR-010: 10m of 0.71 g/t Au
DAI-TR-012: 15m of 0.64 g/t Au
At Daina 6, DAI-TR-015 returned 9 m of 1.2 g/t Au and DAI-TR-016 returned 3 m of 4.66 g/t Au, including 1 m of 12.6 g/t Au: Both trenches sampled highly deformed coarse-grained greywacke. Gold is associated with a zone of strong hydrothermal alteration and quartz vein stockwork and breccia zones that form locally gossans in the weathered profile. These stockwork veins and breccia zones are target areas for artisanal miners and contain high-grade gold mineralization. The two other trenches returned significant intercepts including:

DAI-TR-013: 2m of 0.37 g/t Au and 2m of 1.12 g/t Au
DAI-TR-014: 4m of 0.47 g/t Au
Rock Chip Sampling Program
During the program a total of 66 rock chip samples were taken from altered outcrops along the structure at Daina 1 South in artisanal working pits. 36 samples returned values above 1 g/t Au and include grades of 61.6 g/t, 22.3 g/t, 20 g/t, 16.1 g/t, 13 g/t, 12.9 g/t, 12.8 g/t, 10.7 g/t, 9 g/t, 7.17 g/t, 6.72 g/t, 6.61 g/t, 5.92 g/t, 5.84 g/t and 5.07 g/t Au (Figure 1 and Table 2). These samples were comprised of highly sheared, hydrothermally altered and locally brecciated greywacke rocks crosscut by large quartz vein system.

At Daina 6, 36 rock chip samples were collected from saprolitized bedrock in artisanal working pits. 10 samples returned values more than 1 g/t Au and include grades of 10.6 g/t, 9.11 g/t, 7.02 g/t, 6.56 g/t, 6 g/t, 3.47 g/t, 3.09 g/t, and 2.79 g/t Au (Figure 3 and Table 2). These samples consisted of strongly hydrothermally altered coarse-grained greywacke invaded by zones of quartz vein stockwork and breccia that contain high gold mineralization.

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