Welcome to our dedicated page for Sanu Gold news (Ticker: SNGCF), a resource for investors and traders seeking the latest updates and insights on Sanu Gold stock.
Sanu Gold Corporation (SNGCF) provides investors and stakeholders with comprehensive updates on its gold exploration activities in Guinea's Siguiri Basin. This page aggregates official announcements, technical reports, and corporate developments related to the company's systematic evaluation of multi-kilometer gold-bearing structures.
Access verified updates on drilling results, geophysical survey interpretations, and permit expansions across Sanu Gold's exploration projects. The company employs rigorous methodologies including induced polarization surveys and reverse circulation drilling, with all data subject to strict QA/QC protocols for accuracy.
Key updates include resource validation progress, strategic partnership announcements, and operational insights from the company's experienced geological team. Content is curated to support informed analysis of exploration potential while maintaining compliance with international reporting standards.
Bookmark this page for direct access to Sanu Gold's latest technical disclosures and corporate news. Regularly updated information enables timely tracking of exploration milestones in one of West Africa's most prospective gold districts.
Sanu Gold (CSE: SANU) (OTCQB: SNGCF) has announced its upcoming Annual and Special Meeting of Shareholders scheduled for May 21, 2025, at 9:00 a.m. Pacific time. The company has made available its Notice of Meeting, Information Circular, and related materials on SEDAR+ and the corporate website. The record date for the meeting was set for April 3, 2025.
Management has nominated current board members Martin Pawlitschek, Fatou Gueye, and Martino De Ciccio for re-election, along with new nominee Peter Hemstead. If elected, Hemstead will serve as Chair of the Audit Committee, bringing his financial expertise and governance experience to the board.
Sanu Gold (SNGCF) has launched a follow-up drilling campaign at its Daina gold exploration permit in Guinea's Siguiri Basin. The program includes approximately 5,000 meters of RC and Air Core drilling across 50-60 holes, focusing on the Daina 2 South discovery and Daina 2 Main Zone.
Key highlights include recent high-grade intercepts at Daina 2 South, with the discovery hole DAI-AC-021 intersecting 51m at 3.11 g/t Au. The Daina 2 Main Zone showed significant results with intercepts of 15m at 5.48 g/t Au, 21m at 4.75 g/t Au, and other promising findings.
The company has completed a ground geophysical survey of 143 line-km and trenching program revealing additional mineralization. With approximately $12.5 million in working capital, Sanu Gold is well-funded to advance its three Guinean gold projects.
Sanu Gold (SNGCF) has announced significant discoveries from its drilling programs at the Daina and Diguifara permits in Guinea's Siguiri Basin. At the Daina 2 South target, a new high-grade zone was discovered with impressive results of 51m at 3.11 g/t Au, including 5m at 20.0 g/t Au. The mineralization remains open along strike and at depth.
At the Diguifara permit, the first-ever drill program confirmed wide mineralization across three targets, with intercepts of up to 40m including 34m of 0.55 g/t Au. The program covered 6,074 meters across 78 Air Core and Reverse Circulation holes at 8 targets.
The company has $13 million in cash following strategic investments from AngloGold Ashanti, Montage Gold, and the Lundin family. Follow-up drilling is planned for Q1-2025.
Sanu Gold has completed strategic investments totaling CAD $10.05 million through two key transactions. Montage Gold acquired a 19.9% stake through a share exchange valued at CAD $5.5 million, while the Lundin Family secured a 10% ownership through a private placement of CAD $4.56 million. AngloGold Ashanti maintained its 10% stake. Montage Gold's CEO, Martino De Ciccio, has been appointed as Chair of Sanu Gold's Board.
The proceeds will fund exploration activities at the company's Daina, Diguifara, and Bantabaye gold permits in Guinea. The deal includes investor rights agreements granting participation rights in future equity issuances and various strategic collaboration benefits.
Sanu Gold announces strategic partnership with Montage Gold and investment by the Lundin Family. Montage Gold will acquire up to 19.9% ownership in Sanu through a share exchange valued at approximately C$5.5 million. The Lundin Family will obtain up to 10% stake, joining AngloGold Ashanti (14%) and Capital DI (10%). The total investment value is up to CAD $10,055,412. Montage Gold's CEO Martino De Ciccio will be appointed Chair of Sanu. The proceeds will advance exploration on Sanu's gold permits in Guinea, West Africa.
Sanu Gold has initiated its Phase 1 2024 drilling campaign at the Daina gold exploration permit in Guinea, West Africa. The program aims to test five targets including Daina 1 South, Daina 1 North, Daina 2, Daina 6, and Salat East Target. The campaign plans up to 3000m of air core and RC drilling in 25-35 holes, which commenced on November 8, 2024. Previous drilling at Daina 2 yielded significant results, including intercepts of 21m of 4.75 g/t Au and 15m of 5.48 g/t Au. The Daina permit is strategically located adjacent to major gold miners including AngloGold Ashanti, Resolute Mining, and Endeavour Mining.
Sanu Gold (SNGCF) has commenced its first-ever drilling program at the Diguifara gold project in Guinea, located 20km from AngloGold Ashanti's Siguiri gold mine. The phase 1 program, which started on October 28, includes a minimum of 2,000 meters of air core and RC drilling across 19 holes. The project features three undrilled priority targets covering a 3.2 km strike length, with auger-in-saprolite samples reaching up to 4.8 g/t Au. The targets were selected based on strong auger gold results and continuous geochemical and geophysical trends. Capital , which participated in Sanu's recent financing, will execute the drilling program.
Sanu Gold (CSE: SANU) (OTCQB: SNGCF) has identified a new gold target called Salat East in the south-eastern corner of its Daina project in Guinea's Siguiri Basin. The target features extensive artisanal workings spanning a 500-meter trend with structures ranging from 5 to 8 meters in width. The company plans to evaluate the target through rock chip sampling, geological mapping, and geophysics before potential drilling. Additionally, Sanu Gold is preparing to commence a 2,000-meter, 19-hole drilling program at the Diguifara Permit in collaboration with AngloGold Ashanti plc.
Sanu Gold (CSE: SANU) (OTCQB: SNGCF) has announced plans for its first-ever drill program at the Diguifara Gold Permit in Guinea. The project, located just 20km from AngloGold Ashanti's Siguiri gold mine, features three undrilled high-priority targets covering a 3.2 km strike length. The initial program, set to begin in late October, includes a minimum of 2,000 m of air core and RC drilling in 19 holes.
The drilling is fully funded through recent strategic investments from AngloGold Ashanti and Capital DI. Sanu Gold has formed a joint technical committee with AngloGold Ashanti to plan exploration at Diguifara. The targets were selected based on overlapping prospective features, including termite mound, auger, and bedrock sample data, along with geophysics. Anomalous auger-in-soil samples have reached as high as 4.8 g/t Au.
Sanu Gold (CSE: SANU) (OTCQB: SNGCF) has announced a comprehensive follow-up program for its Daina Exploration Permit in Guinea, West Africa. The program focuses on two high-priority targets, Daina 1 North and Daina 1 South, which offer significant potential for new gold discoveries. Key highlights include:
1. Untapped potential in significant gold trends
2. Extension of known discoveries at Daina 2
3. High-grade surface gold, including 9m at 7.97 g/t Au from trench DAI-TR-007
4. Substantial chargeability and resistivity trends identified by geophysical surveys
The company plans to extend IP coverage, conduct additional rock chip sampling, and prepare for a program of Air Core drill testing over the most prospective parts of the priority targets.
