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 and 61.6 g/t Au from Rock Chip Sampling
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Vancouver, British Columbia--(Newsfile Corp. - 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.
Figure 1: Daina 1 South map showing geological and structural features, drill hole surface plan, artisanal workings and highlighted assays results from Trenching and Rock chips sampling Program.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8941/201820_627011f2b40e5b46_001full.jpg
Figure 2: Example of stockwork-like intersecting vein arrays hosted in saprolithic greywacke at Daina 1 South.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8941/201820_627011f2b40e5b46_002full.jpg
Table 1: Daina 2004 Trench intercepts.
| Trench ID | X-UTM | Y-UTM | Intercept | Interval | From | Area | |||
| Length | Azimuth | Dip | |||||||
| (m) | (o) | (o) | (g/t Au) | (m) | (m) | ||||
| DAI-TR-001 | 504856 | 1311295 | 20 | 218 | 0 | 0.39 | 1 | 8 | Daina 1 South |
| 0.34 | 2 | 12 | |||||||
| 0.37 | 1 | 18 | |||||||
| DAI-TR-002 | 504849 | 1311263 | 4 | 165 | 0 | NSV | Daina 1 South | ||
| DAI-TR-003 | 504854 | 1311257 | 10 | 60 | 0 | NSV | Daina 1 South | ||
| DAI-TR-004 | 504845 | 1311291 | 5 | 342 | 0 | 1.38 | 1 | 1 | Daina 1 South |
| DAI-TR-005 | 504860 | 1311209 | 4 | 65 | 0 | 0.67 | 1 | 2 | Daina 1 South |
| DAI-TR-006 | 504745 | 1311193 | 7 | 150 | 0 | NSV | Daina 1 South | ||
| DAI-TR-007 | 504750 | 1311188 | 10 | 40 | 0 | 7.97 | 9 | 1 | Daina 1 South |
| Including | 21.75 | 3 | 1 | ||||||
| DAI-TR-008 | 504756 | 1311195 | 4 | 60 | 0 | 0.80 | 4 | 0 | Daina 1 South |
| DAI-TR-009 | 504753 | 1311198 | 7 | 155 | 0 | 0.43 | 8 | 0 | Daina 1 South |
| DAI-TR-010 | 504372 | 1311241 | 11 | 155 | 0 | 0.71 | 10 | 1 | Daina 1 South |
| DAI-TR-011 | 504736 | 1311231 | 7 | 65 | 0 | 1.22 | 7 | 0 | Daina 1 South |
| DAI-TR-012 | 504731 | 1311243 | 15 | 155 | 0 | 0.64 | 15 | 0 | Daina 1 South |
| DAI-TR-013 | 501729 | 1319151 | 9 | 115 | 0 | 0.37 | 2 | 0 | Daina 6 |
| 1.12 | 2 | 6 | |||||||
| DAI-TR-014 | 501738 | 1319103 | 7 | 70 | 0 | 0.47 | 4 | 1 | Daina 6 |
| DAI-TR-015 | 501762 | 1319069 | 14 | 160 | 0 | 1.2 | 9 | 1 | Daina 6 |
| DAI-TR-016 | 501768 | 1319049 | 6 | 160 | 0 | 4.66 | 3 | 0 | Daina 6 |
| Including | 12.6 | 1 | 0 | ||||||
| Notes: The Company does not have sufficient information to make a determination of the true widths of the trench intersections reported in this release. Trench intercepts are calculated using a minimum 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 trench chips, which are sampled at regular 1 m intervals. Assays are reported uncut. Grid coordinates are UTM WGS84 Zone 29N. NSV = no significant values. | |||||||||
Figure 3: Daina 6 map showing geological and structural features, drill hole surface plan, artisanal workings and highlighted assays results from Trenching and Rock chips sampling Program.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8941/201820_627011f2b40e5b46_003full.jpg
Table 2: Daina 2004 Rock chips sampling Results.
| ID | Sample ID | X_UTM (m) | Y_UTM (m) | RL | Au (g/t) | Target |
| 1 | DAI-14383 | 504726 | 1311238 | 364 | 61,6 | Daina 1 south |
| 2 | DAI-14368 | 504709 | 1311225 | 378 | 22,3 | Daina 1 south |
| 3 | DAI-14522 | 504711 | 1311229 | 362 | 20 | Daina 1 south |
| 4 | DAI-14502 | 504730 | 1311236 | 368 | 16,1 | Daina 1 south |
| 5 | DAI-14520 | 504712 | 1311231 | 362 | 13 | Daina 1 south |
| 6 | DAI-14512 | 504733 | 1311240 | 368 | 12,9 | Daina 1 south |
| 7 | DAI-14381 | 504728 | 1311249 | 367 | 12,8 | Daina 1 south |
| 8 | DAI-14511 | 504732 | 1311240 | 369 | 10,7 | Daina 1 south |
| 9 | DAI-14506 | 504723 | 1311244 | 370 | 9 | Daina 1 south |
| 10 | DAI-14521 | 504711 | 1311229 | 362 | 7,17 | Daina 1 south |
| 11 | DAI-14396 | 504730 | 1311246 | 374 | 6,72 | Daina 1 south |
| 12 | DAI-14395 | 504728 | 1311245 | 370 | 6,61 | Daina 1 south |
| 13 | DAI-14376 | 504734 | 1311251 | 367 | 5,92 | Daina 1 south |
| 14 | DAI-14504 | 504723 | 1311244 | 370 | 5,84 | Daina 1 south |
| 15 | DAI-14397 | 504737 | 1311239 | 370 | 5,07 | Daina 1 south |
| 16 | DAI-14380 | 504733 | 1311251 | 367 | 4,17 | Daina 1 south |
| 17 | DAI-14375 | 504734 | 1311251 | 367 | 3,58 | Daina 1 south |
| 18 | DAI-14392 | 504726 | 1311240 | 369 | 2,96 | Daina 1 south |
| 19 | DAI-14530 | 504710 | 1311236 | 363 | 2,93 | Daina 1 south |
| 20 | DAI-14399 | 504734 | 1311238 | 370 | 2,68 | Daina 1 south |
| 21 | DAI-14384 | 504728 | 1311233 | 366 | 2,57 | Daina 1 south |
| 22 | DAI-14515 | 504733 | 1311240 | 370 | 2,11 | Daina 1 south |
| 23 | DAI-14509 | 504728 | 1311248 | 370 | 2,06 | Daina 1 south |
| 24 | DAI-14379 | 504734 | 1311251 | 367 | 1,9 | Daina 1 south |
| 25 | DAI-14527 | 504715 | 1311233 | 362 | 1,63 | Daina 1 south |
| 26 | DAI-14507 | 503725 | 1311246 | 370 | 1,6 | Daina 1 south |
| 27 | DAI-14503 | 504723 | 1311244 | 370 | 1,53 | Daina 1 south |
| 28 | DAI-14513 | 504735 | 1311239 | 370 | 1,48 | Daina 1 south |
| 29 | DAI-14362 | 504850 |
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FAQ
What are the highlights of the trench and rock chip sampling results at the Daina Gold Exploration Permit?
The highlights include strong mineralization in trenches, high-grade rock chip samples with values as high as 61.6 g/t Au, compelling targets emerging, and a systematic approach to gold discovery.
Where is the Daina Gold Exploration Permit located?
The Daina Gold Exploration Permit is located in the prolific Siguiri Basin of Guinea, West Africa.
Who is the President of Sanu Gold ?
The President of Sanu Gold is Martin Pawlitschek.
What is the significance of the newly identified high-grade mineralization at Daina 1 South?
The high-grade mineralization at Daina 1 South represents a new high-priority target on the Daina Permit.
What type of gold structures were identified at the Daina 1 South and Daina 6 targets?
Gold structures identified at Daina 1 South and Daina 6 targets are NNW-trending and NNE-dipping gold structures aligning with extensive termite mound and auger gold anomalies.
What is the next step for Sanu Gold regarding the Daina project?
While the focus remains on the Bantabaye project, targeted programs of fieldwork were carried out at Daina to further evaluate the undrilled targets and a small program of IP conducted by SAGAX Afrique is being completed to evaluate geophysics for drill target definition.
What quality assurance measures were taken during the sampling process?
Sampling was completed following industry best practices with the supervision of project geologists, chain of custody monitoring, insertion of certified reference materials and blanks for QA/QC, and analysis using Fire Assay FAA505 at the SGS Laboratory in Bamako, Mali.
Who is the Qualified Person responsible for reviewing the scientific and technical information in the press release?
The Qualified Person responsible for reviewing the information is Serigne Dieng, Ph.D., M.Sc., a Member of the Australian Institute of Geoscientists and Exploration Manager of the Company.
SANU GOLD CORP
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