Sanu Gold Continues to Intersect Gold Mineralization, Including 5.48 g/t Au over 15 Metres, at the Daina Gold Exploration Permit in Guinea, West Africa
Sanu Gold Continues to Intersect Gold
Mineralization, Including 5.48 g/t Au over 15
Metres, at the Daina Gold Exploration Permit
in Guinea, West Africa
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2022) - Sanu Gold Corporation (CSE:
SANU) (OTCQB: SNGCF) ("Sanu Gold" or the "Company") is pleased to announce further results from
the Company's initial reverse circulation ("RC") drill program (the "Program") on the Daina Gold
Exploration Permit ("Daina") in Guinea, West Africa.
Highlights include:
5.48 g/t Au over 15 m
1
, including 78.4 g/t Au over 1 m, as well as 3.69 g/t Au over 1 m
further downhole
(DAI-RC-034-B) at the Daina 2 Main Zone,
36.2 g/t Au over 1 m
(DAI-RC-021) at the Daina 6 Target,
7.95 g/t Au over 1 m
(DAI-RC-040) at the Daina 1 Target, and
2.74 g/t Au over 1 m
(DAI-RC-022) and
2.22 g/t Au over 1 m
(DAI-RC-030-A) at the Daina 2
Target
Martin Pawlitschek, President & CEO of Sanu Gold, commented: "In our first drill program in Guinea we
have intersected gold mineralization in all three zones tested, an excellent success rate and validation of
our program of systematic exploration on our highly prospective landholdings. At our Daina 2 Main Zone
discovery, in addition to the previously reported 4.75 g/t Au over 21 m, we have now intersected 5.48 g/t
Au over 15 m, demonstrating that the Daina Gold Exploration Permit is a promising project which
warrants continued exploration. To this end we plan to restart field work and drilling in early November."
Program Details
All assay results have been received and released for the 3,675 m drilled in 42 RC holes in the first
phase of drill testing at Daina. The objective of the Program was to provide an initial drill test of the
subsurface extension of high-grade gold mineralization in rock chip samples below artisanal workings at
the Daina 2 and Daina 6 targets, as well as scout testing the well-developed gold in bedrock anomalies
from auger drilling at the Daina 1, Daina 2 and Daina 6 targets.
Daina 2 Target, including Daina 2 Main Zone Discovery
Thirty-two RC holes totaling 2,744 m were drilled at the Daina 2 target to provide an initial test along 2
kilometres ("km") of the potentially 4 km long mineralized corridor (Figure 1), including 19 holes at the
Daina 2 Main Zone discovery. As announced in the Sanu Gold news release dated October 3, 2022,
initial drill results from the Program included 4.75 g/t Au over 21 m at the Daina 2 Main Zone. New assay
results from this zone reported herein include:
5.48 g/t Au over 15 m, including 78.4 g/t Au over 1 m, as well as 3.69 g/t Au over 1 m further
downhole (DAI-RC-034-B),
0.67 g/t Au over 6 m, including 2.28 g/t over 1 m and 1.28 g/t over 1 m (DAI-RC-014)
0.81 g/t Au over 5 m, including 2.09 g/t over 1 m, followed further downhole by 1.21 g/t Au over 2 m
(DAI-RC-033), and
2.11 g/t Au over 1 m (DAI-RC-032; Table 1).
A total of 5 RC holes were drilled at Daina 2 North, on lines 400 m and 800 m north of the Daina 2 Main
Zone. These holes provided an initial test of the northern extension of the mineralized structure.
Highlights from Daina 2 North include:
2.22 g/t Au over 1 m (DAI-RC-030-A),
0.51 g/t Au over 5 m, including 1.43 g/t Au over 1 m (DAI-RC-035), and
0.91 g/t Au over 2 m, including 1.42 g/t Au over 1 m (DAI-RC-036).
A total of 8 RC holes were drilled at Daina 2 South, on lines 400 m and 800 m south of the Daina 2 Main
Zone. These holes provided an initial test of the southern extension of the mineralized structure. Several
of the drill holes intersected gold mineralization hosted within hydrothermally altered and deformed
coarse-grained greywacke crosscut by an auriferous quartz vein stockwork associated with
disseminated pyrite and arsenopyrite. Highlights from Daina 2 South include:
2.74 g/t Au over 1 m (DAI-RC-022),
0.54 g/t Au over 6 m, including 1.53 g/t Au over 1 m (DAI-RC-024), and
0.76 g/t Au over 7 m, including 1.16 g/t Au over 1 m and 1.04 g/t Au over 1 m (DAI-RC-027).
Extension drilling at Daina 2 North and South was successful in confirming gold mineralization at depth
over approximately 2 km of strike length at the Daina 2 Target. Results from initial RC and auger drilling
suggests that the gold mineralized system remains open down dip and laterally along strike over a
distance of 4 km (Figures 1 and 2). The weathering profile at the Daina 2 target is estimated to be up to
50 m vertical depth and gold mineralization has been intercepted to a maximum vertical depth of
approximately 100 m, with gold grade continuity indicated through the thick weathered rock profile.
A 3D interpretation of the mineralized structure using RC and auger drill results indicate a broad zone of
gold mineralization hosted in the hanging wall of a major north-northwest-trending, moderately west-
dipping, crustal-scale thrust fault zone that cuts a 30 m to 40 m thick coarse-grained greywacke of the
Siguiri Birimian sedimentary basin. The geological interpretation of the Daina 2 Target is preliminary
and will require follow-up infill drilling to better define the geometry, width, tenor and style of the
mineralized structure.
Daina 6 Target
Six RC holes totaling 607 m were drilled at the Daina 6 Target to test the subsurface extension of high-
grade gold in rock chip samples from artisanal workings and a well-defined gold in auger bedrock
anomaly (Figure 3). Assay results from the Program included 36.2 g/t Au over 1 m in DAI-RC-021 below
the main artisanal workings (Figure 3 and Table 2). Gold mineralization is associated with abundant
quartz veins and disseminated pyrite and arsenopyrite and is hosted in altered coarse-grained
greywacke. A 150 m length of the over 1.5 km long Daina 6 Target gold anomaly and structure was
tested in the Program. Additional drilling is planned to further test this mineralized structure.
Daina 1 Target
Four RC holes totaling 324 m were drilled at the Daina 1 Target to test strong north-northwest trending
gold in bedrock auger anomalies at Daina 1 North and Daina 1 South. One fence of 2 holes was drilled
on the 3 km long structure at Daina 1 North and a second fence of 2 holes was drilled 4.5 km to the south
at the 3 km long structure at Daina 1 South to provide an initial test at two locations along a cumulative 6
km long strike extent (Figure 4). Assay results from the RC holes included 7.45 g/t Au over 1 m and 1.01
g/t Au over 1 m in DAI-RC-040 (Figure 4 and Table 3). Several highly prospective areas along the Daina
1 Target remain untested due to field conditions during the wet season. Additional RC drilling is planned
along the structure at Daina 1 North and Daina 1 South to continue to evaluate this target area.
Next Steps
The Company is planning to resume field operations in early November. The follow up work will include
additional RC testing and possibly geophysical surveys and additional auger infill drilling.
Figure 1: Daina 2 target map showing geological and structural features, drill hole surface plan and
highlighted assays results from the RC drilling of the Daina 2 Main Zone, Daina 2 North and Daina 2
South.
To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/8941/140857_5d1b82e604589a01_001full.jpg
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8941/140857_5d1b82e604589a01_002full.jpg
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8941/140857_5d1b82e604589a01_003full.jpg
Figure
2:
Daina 2 Main Zone cross-sections showing geological and structural interpretation, RC drill
hole traces and highlighted assays results from RC drill holes.
To view an enhanced version of Figure 2, please visit:
https://images.newsfilecorp.com/files/8941/140857_5d1b82e604589a01_004full.jpg
Figure 3: Daina 6 target map showing geological and structural features, drill hole surface plan and
highlighted assays results from the RC drilling.
To view an enhanced version of Figure 3, please visit:
https://images.newsfilecorp.com/files/8941/140857_5d1b82e604589a01_005full.jpg
Figure 4: Daina 1 target map showing geological and structural features, drill hole surface plan and
highlighted initial assays results from the RC drilling.
To view an enhanced version of Figure 4, please visit:
https://images.newsfilecorp.com/files/8941/140857_5d1b82e604589a01_006full.jpg
Table 1: Daina 2 Target (including Daina 2 Main Zone) RC drill intercepts.
Hole ID
X-UTM
Y-UTM
Length
(m)
Azimuth
(
o
)
Dip
(
o
)
Intercept
(g/t Au)
Interval
(m)
From
(m)
Area
Previously Released Results (see Sanu news release dated October 3, 2022)
DAI-RC-001
503315
1319025
75
270
55
1.23
15
1
Daina 2 Main
Zone
including
12.3
1
11
1.99
37
21
including
15.0
1
38
and
32.6
1
54
0.31
1
68
DAI-RC-002
503365
1319021
100
270
55
NSV
Daina 2 Main
Zone
DAI-RC-003
503407
1319030
46
270
55
NSV
Daina 2 Main
Zone
DAI-RC-004
503336
1318964
100
270
55
0.49
1
4
Daina 2 Main
Zone
0.71
9
17
including
1.22
3
23
0.65
3
46
4.75
21
56
including
85.5
1
69
0.33
1
94
DAI-RC-005
503382
1318968
100
270
55
0.33
1
1
Daina 2 Main
Zone
DAI-RC-006
503291
1319080
70
270
55
1.80
7
1
Daina 2 Main
Zone
including
3.29
3
1
0.29
4
19
0.98
3
29
0.34
1
53
DAI-RC-007
503338
1319076
65
270
55
NSV
Daina 2 Main
Zone
DAI-RC-008
503260
1319020
96
270
60
0.36
2
2
Daina 2 Main
Zone
0.43
2
16
1.54
1
27
0.62
4
34
0.36
4
84
DAI-RC-009
503148
1319022
85
90
60
NSV
Daina 2 Main
Zone
DAI-RC-010
503050
1319015
110
90
60
0.44
1
5
Daina 2 Main
Zone
DAI-RC-011
503143
1319090
120
90
60
0.47
1
84
Daina 2 Main
Zone
0.77
1
9
DAI-RC-012
503236
1319078
115
270
70
1.04
15
45
Daina 2 Main
Zone
0.38
1
91
0.51
1
100
0.59
1
108
DAI-RC-013
503276
1318953
110
270
70
5.50
11
80
Daina 2 Main
Zone
including
56.6
1
80
0.51
2
96
DAI-RC-014
503183
1318949
150
90
60
0.67
6
105
Daina 2 Main
Zone
including
2.28
1
105
and
1.28
1
109
DAI-RC-015
502941
1319015
135
90
60
NSV
Daina 2 Main
Zone
New Results
DAI-RC-022
503499
1318597
90
60
75
2.74
1
0
Daina 2 South
0.25
11
6
0.49
1
26
0.30
2
31
0.45
4
46
DAI-RC-023
503437
1318598
90
60
70
0.50
3
38
Daina 2 South
0.77
1
49
0.54
1
70
DAI-RC-0024
503380
1318598
90
60
85
0.54
6
55
Daina 2 South
including
1.53
1
59
DAI-RC-025
503848
1318196
90
60
65
NSV
Daina 2 Main
Zone
DAI-RC-026
503774
1318195
90
60
75
NSV
Daina 2 Main
Zone
DAI-RC-027
503685
1318193
90
60
71
0.76
7
10
Daina 2 South
Including
1.16
1
10
and
1.04
1
15
DAI-RC-028
503419
1318600
90
55
71
0.60
2
17
Daina 2 Main
Zone
0.37
11
49
DAI-RC-029
503362
1318602
90
55
70
0.48
2
63
Daina 2 Main
Zone
DAI-RC-030-A
503023
1319400
90
55
10
2.22
1
3
Daina 2 North
DAI-RC-030-B
503021
1319400
90
55
50
0.35
3
5
Daina 2 North
DAI-RC-031
502998
1319397
90
55
78
0.41
4
23
Daina 2 North
Hole ID
X-UTM
Y-UTM
Length
(m)
Azimuth
(
o
)
Dip
(
o
)
Intercept
(g/t Au)
Interval
(m)
From
(m)
Area
DAI-RC-032
503236
1319081
90
55
99
0.56
7
32
Daina 2 Main
Zone
Including
2.11
1
33
DAI-RC-033
503241
1319024
90
55
105
0.40
1
13
Daina 2 Main
Zone
0.81
5
24
Including
2.09
1
28
0.40
1
43
0.30
1
29
0.70
7
58
Including
1.21
2
60
and
1.53
1
64
DAI-RC-034-A
503249
1318957
90
60
65
NSV
Daina 2 Main
Zone
DAI-RC-034-B
503249
1318958
90
55
120
5.48
15
76
Daina 2 Main
Zone
Including
78.4
1
85
3.69
1
114
DAI-RC-035
502694
1319836
90
55
80
0.51
5
21
Daina 2 North
including
1.43
1
21
0.26
4
56
DAI-RC-036
502714
1319838
90
55
78
0.28
5
9
Daina 2 North
0.91
2
32
Including
1.42
1
33
0.44
1
60
Hole ID
X-UTM
Y-UTM
Length
(m)
Azimuth
(
o
)
Dip
(
o
)
Intercept
(g/t Au)
Interval
(m)
From
(m)
Area
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 6 Target with RC drill intercepts
Hole ID
X-UTM
Y-UTM
Length
Azimuth
Dip
Intercept
Interval
From
Area
(m)
(
o
)
(
o
)
(g/t Au)
(m)
(m)
Previously Released Results (see Sanu news release dated October 3, 2022)
DAI-RC-016
501758
1319112
120
270
55
0.39
1
42
Daina 6
0.30
1
51
DAI-RC-017
501735
1319140
100
270
55
0.70
4
1
Daina 6
0.34
2
32
DAI-RC-018
501651
1319111
95
90
70
NSV
Daina 6
DAI-RC-019
501633
1319151
95
90
55
NSV
-
-
Daina 6
New Results
DAI-RC-020
501697
1319024
90
55
98
NSR
Daina 6
DAI-RC-021
501794
1319028
90
55
99
36.2
1
36
Daina 6
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 3: Daina 1 Target with RC drill intercepts
Hole ID
X-UTM
Y-UTM
Length
Azimuth
Dip
Intercept
Interval
From
Area
(m)
(
o
)
(
o
)
(g/t Au)
(m)
(m)
New Results
DAI-RC-037
504598
1311499
90
55
72
0.48
1
11
Daina 1