HIGHLIGHTS: Montage Gold Corp. obtained a 19.9% ownership stake in Sanu Gold through the issuance of 2,337,921 common shares of Montage Gold in exchange, equating to approximately CAD $5.5 million value Lundin Family obtained a 10% stake in Sanu Gold, joining AngloGold Ashanti plc who maintained a 10% stake in Sanu respectively Strategic Collaboration: Montage Gold's CEO, Martino De Ciccio, has been appointed as Chair of [...]
HIGHLIGHTS: Montage Gold Corp. to obtain an up to 19.9% ownership stake in Sanu Gold through the issuance of up to 2.3 million common shares of Montage Gold in exchange, equating to approximately C$5.5 million value Lundin Family co-invests to obtain an up to 10% stake in Sanu Gold, joining AngloGold Ashanti plc and Capital DI Limited who obtained a 14% and a 10% stake in Sanu respectively in September 2024 Strategic [...]
Sanu Gold Corp. is pleased to announce the start of the Phase 1 2024 drilling campaign at its Daina gold exploration permit in Guinea, West Africa. Highlights Drilling up of Five Targets: The drill program aims to test up five targets defined at Daina including Daina 1 South, Daina 1 North, Daina 2, Daina 6 and the newly discovered Salat East Target. Previous High-Grade Intercepts: As well as testing new undrilled [...]
Sanu Gold Corp. is pleased to announce the start of its phase 1 drilling plans for the Diguifara project in Guinea. The project is located only 20km from the Siguiri gold mine which is owned and operated by AngloGold Ashanti plc . The drilling will be completed by Capital Limited which has extensive experience in drilling out large deposits in Guinea and whose investment arm heavily participated in Sanu Gold's last [...]
Sanu Gold Corp. is pleased to announce that recent field investigation has delineated a highly prospective gold target in the south-eastern corner of the Daina project named Salat East. This new target is so far marked by new and extensive artisanal workings spanning a trend of 500 m and growing. The Daina project is located in prolific gold district of the Siguiri Basin in Guinea, West Africa. Compelling New Target: The [...]
Drilling fully funded through recent strategic investments from AngloGold Ashanti and Capital DI. Sanu Gold Corp. is pleased to announce its phase 1 drilling plans for the Diguifara project in Guinea. The project is located only 20km from the Siguiri gold mine which is owned and operated by AngloGold Ashanti plc . The drilling will be completed by Capital Limited which has extensive experience in drilling out large [...]
Sanu Gold Corp. is pleased to announce the closing of the Company's C$5,000,000 non-brokered private placement originally announced on September 6, 2024. The Company has issued 100,000,000 common shares at a price of C$0.05 per Common Share. Two new strategic investors have made lead subscriptions to the Placement: AngloGold Ashanti plc participated for 33,400,000 Common Shares in the Placement for aggregate gross [...]
Sanu Gold Corp. is pleased to announce a non-brokered private placement of up to 100,000,000 common shares at a price of C$0.05 per Common Share for aggregate gross proceeds to the Company of up to C$5,000,000. Two new Strategic Investors have indicated their intention to make lead subscriptions to the Placement: AngloGold Ashanti plc has indicated its intention to participate for 33,400,000 Common Shares in the Financing [...]
Sanu Gold Corp. is pleased to announce a comprehensive follow-up program involving geophysics and drilling at new high-priority targets, Daina 1 North and Daina 1 South, located within the Daina Exploration Permit in the prolific Siguiri Basin, Guinea, West Africa. Key Highlights: Untapped Potential: Significant gold trends identified on the Daina permit remain untested. Daina 1 North and Daina 1 South offer substantial [...]
Sanu Gold Corp. is pleased to announce the mapping of significant geophysical targets from the recent ground geophysics program completed on the Company's Diguifara Gold Exploration Permit , located in the prolific Siguiri Basin of Guinea, West Africa. Highlights Undrilled Targets: There are significant gold trends defined at Diguifara Targets 1, 2 and 3. Wide-Spread Gold at Surface: These targets are supported by [...]
Sanu Gold Corp. is pleased to announce new drilling results from its Bantabaye project in Guinea, West Africa. The Permit, which lies on the western margin of Guinea's prolific Siguiri Basin, is located approximately 50 km1 south of the multi-million once Lefa Gold Mine and 80 km north of the multi-million-ounce Bankan Gold Project2. Highlights: Significant Gold intercepts obtained including: 14 m of 1.94 g/t Au including [...]
Initial holes at Targets 1 to test geophysics below strong gold at surface Sanu Gold Corp. is pleased to announce that drilling is progressing well with 29 holes and 3,330m completed at Target 2 and 12 holes completed for 1,871m at Targets 3 and 7, on the Company's flagship Bantabaye Project , located on the prolific western margin of the Siguiri Basin of Guinea, West Africa. The Company has been integrating its latest [...]