Sanu Gold Discovers High Grade Zone Returning 51M Of 3.1 G/T Au At Daina Permit While First-Ever Drill Program At Diguifara Permit Confirms Wide Mineralization
Hole | East | North | Hole Depth | Azimuth | Dip | Au g/t | Length | From | Target |
DAI-RC-051 | 503 662 | 1 318 105 | 90 | 090 | 55 | 1.84 | 4 | 60 | Daina 2 |
DAI-RC-052 | 503 376 | 1 318 700 | 100 | 090 | 55 | 0.3 | 2 | 76 | Daina 2 |
DAI-RC-053 | 503 339 | 1 318 898 | 70 | 090 | 55 | 0.68 | 2 | 54 | Daina 2 |
DAI-RC-054 | 503287 | 1318901 | 84 | 90 | 55 | NSV | | | Daina 2 |
DAI-RC-055 | 503260 | 1319226 | 102 | 90 | | NSV | | | Daina 2 |
DAI-RC-056 | 503233 | 1319222 | 100 | 90 | | NSV | | | Daina 2 |
DAI-RC-057 | 503198 | 1319227 | 84 | 90 | | NSV | | | Daina 2 |
DAI-RC-058 | 503217 | 1318951 | 140 | 90 | | NSV | | | Daina 2 |
DAI-AC-020 | 503 698 | 1 318 000 | 16 | 090 | 55 | 0.4 | 8 | 4 | Daina 2 |
DAI-AC-021 | 503 708 | 1 318 002 | 57 | 090 | 55 | 3.11 | 51 | 6 | Daina 2 |
including | | | | | | 1.43 | 4 | 16 | |
| | | | | | 4.47 | 4 | 24 | |
| | | | | | 20 | 5 | 52 | |
DAI-AC-022 | 503 712 | 1 318 098 | 49 | 090 | 55 | 0.34 | 2 | 2 | Daina 2 |
| | | | | | 0.94 | 16 | 20 | |
including | | | | | | 1.2 | 8 | 24 | |
DAI-AC-023 | 503 526 | 1 318 500 | 55 | 090 | 55 | 0.6 | 2 | 16 | Daina 2 |
| | | | | | 0.44 | 6 | 40 | |
| | | | | | 0.83 | 2 | 54 | |
DAI-AC-024 | 503 425 | 1 318 700 | 47 | 090 | 55 | NSV | | | Daina 2 |
DAI-AC-025 | 503 446 | 1 318 674 | 58 | 135 | 55 | 0.78 | 2 | 50 | Daina 2 |
DAI-AC-026 | 503 473 | 1 318 583 | 66 | 90 | 55 | 0.46 | 2 | 16 | Daina 2 |
| | | | | | 0.26 | 2 | 48 | |
Notes: The Company does not have sufficient information to make a determination of the true widths of the drill hole intersections reported in this release. Drillhole intercepts are calculated using a minimum downhole length of ≥1 m, a cut-off grade of 0.3 g/t gold, and may include up to 3 m of internal dilution within the intercept. Only intercepts ≥1 m are reported. Sample intervals are comprised of RC drill chips, which are sampled at regular 1 m intervals. Assays are reported uncut. Grid coordinates are UTM WGS84 Zone 29N. NSV = no significant values. |
Table 2: Daina 1 South Target RC drill intercepts.
Hole | East | North | Hole Depth | Azimuth | Dip | Au g/t | Length | From | Target |
DAI-RC-050 | 504 878 | 1 311 202 | 111 | 270 | 55 | 0.32 | 4 | 24 | Daina 1 |
| | | | | | 1.54 | 4 | 60 | |
| | | | | | 0.6 | 2 | 110 | |
DAI-AC-001 | 504 793 | 1 311 191 | 80 | 270 | 55 | 0.46 | 2 | 10 | Daina 1 |
| | | | | | 0.67 | 2 | 22 | |
| | | | | | 0.34 | 36 | 42 | |
Including | | | | | | 1.1 | 2 | 56 | |
DAI-AC-002 | 504 652 | 1 311 208 | 77 | 270 | 55 | 1.32 | 4 | 10 | Daina 1 |
| | | | | | 0.59 | 2 | 30 | |
| | | | | | 0.33 | 2 | 40 | |
DAI-AC-003 | 504 769 | 1 311 266 | 83 | 270 | 55 | 0.31 | 14 | 22 | Daina 1 |
| | | | | | 1.35 | 4 | 48 | |
| | | | | | 0.5 | 10 | 74 | |
| | | | | | 1.1 | 2 | 78 | |
DAI-AC-004 | 504 755 | 1 311 306 | 73 | 270 | 55 | 1.25 | 2 | 4 | Daina 1 |
| | | | | | 0.37 | 8 | 20 | |
| | | | | | 0.85 | 2 | 46 | |
DAI-AC-005 | 504 821 | 1 311 102 | 101 | 270 | 55 | 0.65 | 2 | 20 | Daina 1 |
| | | | | | 0.36 | 8 | 84 | |
DAI-AC-006 | 504 666 | 1 311 100 | 84 | 270 | 55 | 0.52 | 4 | 10 | Daina 1 |
| | | | | | 0.87 | 8 | 72 | |
Including | | | | | | 2.68 | 2 | 72 | |
DAI-AC-007 | 504 633 | 1 311 098 | 75 | 270 | 55 | 0.35 | 2 | 6 | Daina 1 |
| | | | | | 0.34 | 2 | 16 | |
| | | | | | 0.32 | 4 | 42 | |
DAI-AC-008 | 504 629 | 1 311 259 | 57 | 270 | 55 | 0.5 | 18 | 2 | Daina 1 |
Including | | | | | | 2.25 | 2 | 2 | |
| | | | | | 1.18 | 4 | 42 | |
DAI-AC-009 | 504 802 | 1 311 215 | 100 | 295 | 55 | 0.31 | 8 | 30 | Daina 1 |
| | | | | | 0.58 | 4 | 52 | |
DAI-AC-010 | 504 795 | 1 311 180 | 107 | 295 | 55 | 0.3 | 2 | 36 | Daina 1 |
| | | | | | 0.44 | 2 | 46 | |
| | | | | | 1.37 | 4 | 62 | |
| | | | | | 0.36 | 2 | 88 | |
DAI-AC-011 | 504 593 | 1 311 305 | 83 | 270 | 55 | 0.38 | 8 | 8 | Daina 1 |
| | | | | | 0.55 | 20 | 24 | |
| | | | | | 0.46 | 2 | 74 | |
DAI-AC-012 | 504 685 | 1 311 405 | 70 | 270 | 55 | 0.95 | 8 | 26 | Daina 1 |
Including | | | | | | 3.34 | 2 | 32 | |
| | | | | | 0.32 | 2 | 44 | |
DAI-AC-013 | 504 652 | 1 311 503 | 62 | 270 | 55 | 0.58 | 10 | 8 | |
Including | | | | | | 1.88 | 2 | 16 | |
| | | | | | 0.41 | 6 | 52 | |
DAI-RC-059 | 504 875 | 1 311 202 | 133 | 270 | 55 | 0.49 | 4 | 44 | Daina 1 |
| | | | | | 0.6 | 2 | 66 | |
| | | | | | 0.33 | 2 | 106 | |
| | | | | | 1.08 | 2 | 132 | |
Table 3: Daina 1 North Target AC drill intercepts.
Hole | East | North | Hole Depth | Azimuth | Dip | Au g/t | Length | From | Target |
DAI-AC-014 | 502 969 | 1 315 702 | 41 | 270 | 55 | NSV | | | Daina 1 |
DAI-AC-015 | 502 939 | 1 315 699 | 85 | 270 | 55 | 0.48 | 2 | 62 | Daina 1 |
DAI-AC-016 | 502 910 | 1 315 702 | 77 | 270 | 55 | 0.32 | 6 | 22 | |
| | | | | | 0.46 | 2 | 56 | |
DAI-AC-017 | 502 942 | 1 315 799 | 89 | 270 | 55 | NSV | | | Daina 1 |
DAI-AC-018 | 502 895 | 1 315 802 | 41 | 270 | 55 | NSV | | | Daina 1 |
DAI-AC-019 | 502 428 | 1 316 202 | 69 | 270 | 55 | NSV | | | Daina 1 |
Notes: The Company does not have sufficient information to make a determination of the true widths of the drill hole intersections reported in this release. Drillhole intercepts are calculated using a minimum downhole length of ≥1 m, a cut-off grade of 0.3 g/t gold, and may include up to 3 m of internal dilution within the intercept. Only intercepts ≥1 m are reported. Sample intervals are comprised of RC drill chips, which are sampled at regular 1 m intervals. Assays are reported uncut. Grid coordinates are UTM WGS84 Zone 29N. NSV = no significant values. |
Table 4: Daina 6 Target RC drill intercepts.
Hole | East | North | Hole Depth | Azimuth | Dip | Au g/t | Length | From | Target |
DAI-AC-027 | 501797 | 1319027 | 65 | 270 | 55 | 2.01 | 2 | 54 | Daina 6 |
DAI-AC-028 | 501795 | 1319097 | 70 | 270 | 55 | NSR | | | Daina 6 |
DAI-AC-029 | 501767 | 1319154 | 61 | 270 | 55 | 0.44 | 2 | 24 | Daina 6 |
| | | | | | 0.7 | 2 | 32 | |
Notes: The Company does not have sufficient information to make a determination of the true widths of the drill hole intersections reported in this release. Drillhole intercepts are calculated using a minimum downhole length of ≥1 m, a cut-off grade of 0.3 g/t gold, and may include up to 3 m of internal dilution within the intercept. Only intercepts ≥1 m are reported. Sample intervals are comprised of RC drill chips, which are sampled at regular 1 m intervals. Assays are reported uncut. Grid coordinates are UTM WGS84 Zone 29N. NSV = no significant values. |
Table 5: Diguifara drill intercepts.
DIG 1 TARGET
Hole | North | East | Hole Depth | Azimuth | Dip | Au g/t | Length | From | Target |
DIG-RC-001 | 479 047 | 1 292 307 | 96 | 270 | -55 | 0.77 | 4 | 28 | DIG 1 |
Including | | | | | | 1.12 | 2 | 28 | |
| | | | | | 0.51 | 2 | 50 | |
| | | | | | 0.3 | 2 | 60 | |
DIG-RC-002 | 479 123 | 1 292 297 | 153 | 270 | -55 | 0.21 | 10 | 20 | DIG 1 |
| | | | | | 0.51 | 10 | 50 | |
Including | | | | | | 1.13 | 2 | 56 | |
| | | | | | 0.36 | 2 | 58 | |
| | | | | | 0.43 | 2 | 127 | |
DIG-RC-003 | 479 044 | 1 292 103 | 127 | 90 | -55 | 0.36 | 2 | 4 | DIG 1 |
| | | | | | 0.21 | 16 | 61 | |
| | | | | | 0.96 | 4 | 102 | |
Including | | | | | | 1.44 | 2 | 104 | |
| | | | | | 0.26 | 12 | 113 | |
DIG-RC-004 | 479 194 | 1 292 097 | 171 | 270 | -55 | 1.19 | 2 | 30 | DIG 1 |
| | | | | | 0.54 | 2 | 74 | |
| | | | | | 0.35 | 2 | 88 | |
| | | | | | 0.41 | 2 | 98 | |
| | | | | | 0.25 | 8 | 114 | |
| | | | | | 0.26 | 10 | 136 | |
| | | | | | 0.85 | 4 | 154 | |
DIG-RC-005 | 479 047 | 1 292 103 | 144 | 90 | -55 | 0.61 | 2 | 2 | DIG 1 |
| | | | | | 0.9 | 2 | 62 | |
| | | | | | 0.28 | 6 | 78 | |
| | | | | | 0.5 | 12 | 96 | |
Including | | | | | | 1.02 | 2 | 106 | |
| | | | | | 0.28 | 10 | 116 | |
| | | | | | 0.63 | 2 | 139 | |
Hole | North | East | Hole Depth | Azimuth | Dip | Au g/t | Length | From | Target |
DIG-AC-001 | 479 147 | 1 292 107 | 89 | 270 | -55 | 0.32 | 2 | 20 | DIG 1 |
| | | | | | 0.43 | 2 | 32 | |
| | | | | | 0.43 | 6 | 48 | |
| | | | | | 0.74 | 6 | 78 | |
Including | | | | | | 1.06 | 2 | 82 | |
DIG-AC-002 | 479 028 | 1 292 098 | 91 | 90 | -55 | 0.36 | 2 | 4 | DIG 1 |
| | | | | | 0.5 | 2 | 52 | |
| | | | | | 0.38 | 6 | 78 | |
DIG-AC-003 | 479 084 | 1 292 095 | 86 | 90 | -55 | 0.41 | 4 | 28 | DIG 1 |
| | | | | | 0.32 | 2 | 66 | |
DIG-AC-004 | 479 147 | 1 292 107 | 83 | 90 | -55 | 0.37 | 2 | 6 | DIG 1 |
| | | | | | 0.32 | 10 | 44 | |
DIG-AC-005 | 478 997 | 1 292 100 | 83 | 90 | -55 | 0.32 | 2 | 40 | DIG 1 |
| | | | | | 45 | 4 | 64 | |
| | | | | | 0.5 | 2 | 80 | |
DIG-AC-006 | 479 063 | 1 292 100 | 45 | 90 | -55 | 0.47 | 4 | 20 | DIG 1 |
DIG-AC-007 | 478 879 | 1 292 100 | 80 | 90 | -55 | NSV | | | DIG 1 |
DIG-AC-008 | 479 077 | 1 292 299 | 101 | 270 | -55 | 0.35 | 42 | 34 | |
| | | | | | 0.21 | 10 | 84 | |
DIG-AC-009 | 479 077 | 1 292 299 | 71 | 90 | -55 | 0.7 | 2 | 0 | DIG 1 |
| | | | | | 0.46 | 10 | 16 | |
Including | | | | | | 1.42 | 2 | 16 | |
| | | | | | 0.37 | 2 | 36 | |
DIG-AC-010 | 479 013 | 1 292 312 | 88 | 90 | -55 | 0.5 | 10 | 8 | DIG 1 |
Including | | | | | | 127 | 2 | 16 | |
| | | | | | 0.36 | 2 | 36 | |
| | | | | | 0.39 | 10 | 50 | |
| | | | | | 0.35 | 2 | 74 | |
DIG-AC-011 | 478 952 | 1 292 308 | 63 | 90 | -55 | 0.4 | 2 | 10 | DIG 1 |
DIG-AC-012 | 478 989 | 1 292 309 | 45 | 90 | -55 | 0.42 | 2 | 2 | DIG 1 |
| | | | | | 0.51 | 2 | 22 | |
DIG-AC-013 | 478 927 | 1 292 306 | 65 | 90 | -55 | 0.33 | 2 | 2 | DIG 1 |
DIG-AC-014 | 478 850 | 1 292 309 | 65 | 90 | -55 | 0.33 | 2 | 0 | DIG 1 |
| | | | | | 0.39 | 10 | 16 | |
Including | | | | | | 1.32 | 2 | 24 | |
DIG-AC-015 | 479 550 | 1 293 097 | 58 | 90 | -55 | 0.51 | 10 | 42 | DIG 1 |
Including | | | | | | 1.47 | 2 | 57 | |
DIG-AC-016 | 479 464 | 1 293 126 | 51 | 90 | -55 | NSV | | | DIG 1 |
DIG-AC-017 | 479 493 | 1 293 113 | 39 | 90 | -55 | 0.53 | 6 | 22 | DIG 1 |
| | | | | | 0.3 | 2 | 36 | |
DIG-AC-031 | 478 924 | 1 292 100 | 61 | 90 | -55 | 0.35 | 2 | 56 | DIG 1 |
DIG 2 TARGET
Hole | North | East | Hole Depth | Azimuth | Dip | Au g/t | Length | From | Target |
DIG-AC-018 | 479 443 | 1 292 905 | 29 | 90 | -55 | NSV | | | DIG 2 |
DIG-AC-019 | 479 382 | 1 293 027 | 34 | 90 | -55 | NSV | | | DIG 2 |
DIG-AC-020 | 479 360 | 1 293 029 | 35 | 90 | -55 | NSV | | | DIG 2 |
DIG-AC-021 | 479 513 | 1 293 108 | 51 | 90 | -55 | NSV | | | DIG 2 |
DIG-AC-022 | 475 864 | 1 296 527 | 53 | 50 | -55 | NSV | | | DIG 2 |
DIG-AC-023 | 475 885 | 1 296 549 | 71 | 50 | -55 | 0.61 | 2 | 24 | DIG 2 |
| | | | | | 0.5 | 18 | 38 | |
| | | | | | 0.59 | 1 | 70 | |
DIG 3 TARGET
Hole | North | East | Hole Depth | Azimuth | Dip | Au g/t | Length | From | Target |
DIG-AC-024 | 475 903 | 1 296 586 | 71 | 50 | -55 | 0.55 | 34 | 2 | DIG 3 |
Including | | | | | | 1.5 | 4 | 10 | |
| | | | | | 0.82 | 2 | 44 | |
| | | | | | 0.77 | 2 | 62 | |
DIG-AC-025 | 475 935 | 1 296 610 | 81 | 50 | -55 | 0.31 | 18 | 16 | DIG 3 |
| | | | | | 1.01 | 2 | 24 | |
DIG-AC-026 | 475 974 | 1 296 638 | 68 | 50 | -55 | 1.48 | 2 | 0 | DIG 3 |
| | | | | | 0.37 | 2 | 14 | |
DIG-AC-027 | 475 842 | 1 296 599 | 81 | 50 | -55 | 0.4 | 2 | 30 | DIG 3 |
| | | | | | 0.24 | 10 | 40 | |
| | | | | | 0.38 | 2 | 80 | |
DIG-AC-028 | 475 874 | 1 296 632 | 81 | 50 | -55 | 0.43 | 16 | 12 | DIG 3 |
| | | | | | | | | |
DIG-AC-029 | 475 952 | 1 296 517 | 19 | 50 | -55 | 0.45 | 14 | 0 | DIG 3 |
DIG-AC-030 | 475 961 | 1 296 524 | 62 | 50 | -55 | 0.35 | 40 | 2 | DIG 3 |
DIG-RC-006 | 475 852 | 1 296 532 | 150 | 50 | -55 | 0.3 | 18 | 76 | DIG 3 |
| | | | | | 0.83 | 2 | 108 | |
| | | | | | 0.32 | 10 | 144 | |
DIG-RC-007 | 475 907 | 1 296 529 | 125 | 50 | -55 | 0.31 | 2 | 31 | DIG 3 |
| | | | | | 0.5 | 34 | 42 | |
| | | | | | 0.3 | 16 | 84 | |
DIG-RC-008 | 475 935 | 1 296 555 | 96 | 50 | -55 | 0.4 | 40 | 8 | DIG 3 |
Notes: The Company does not have sufficient information to make a determination of the true widths of the drill hole intersections reported in this release. Drillhole intercepts are calculated using a minimum downhole length of ≥1 m, a cut-off grade of 0.3 g/t gold, and may include up to 3 m of internal dilution within the intercept. Only intercepts ≥1 m are reported. Sample intervals are comprised of RC drill chips, which are sampled at regular 1 m intervals. Assays are reported uncut. Grid coordinates are UTM WGS84 Zone 29N. NSV = no significant values. |
About Sanu Gold
Located within the Siguiri Basin, a world class gold district that is host to several operating mines and major new discoveries, Sanu Gold is exploring three high-quality gold exploration permits in Guinea, West Africa. The Company has defined multi-kilometer long gold-bearing structures on each of the gold exploration permits, with multiple high-value drill targets and is targeting multi-million-ounce gold discoveries. Sanu is operated by a highly experienced team, with successful records of discovery, resource development and mine permitting.
Martin Pawlitschek
President & CEO, Sanu Gold Corp.
For further information regarding Sanu Gold, please visit the Company's website at or contact:
Anthony Simone
Simone Capital
416-881-5154
...
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking statements" with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicates", "opportunity", "possible" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release includes, but is not limited to, the anticipated timing for completion of various exploration or drilling programs and potential to discover additional mineralization over zones drilled.. Although Sanu Gold believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's plans for exploration on its properties and ability to execute on plans, ability to raise sufficient capital to fund its obligations under its property agreements going forward, ability to maintain its material property agreements, mineral tenures and concessions in good standing, to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associated with mineral exploration and mining operations, future prices of gold and other metals, changes in general economic conditions and local risks in the jurisdiction (Guinea) in which it operates, accuracy of mineral resource and reserve estimates, the potential for new discoveries, the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to the Company's plans and business objectives for the projects; the general ability of the Company to monetize its mineral resources; changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel; general competition in the mining industry availability of capital and financing; general economic, market or business conditions, regulatory changes; timeliness of regulatory approvals as well as those factors discussed in the Company's public disclosure record. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit
SOURCE: Sanu Gold Corp.
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