Sranan Gold announces further high-potential exploration targets at the Tapanahony Gold Project in Suriname EDMONTON, AB, CANADA – Following the closing of Sranan Gold Corp. ’s (CSE: SRAN) (FSE & Tradegate: P84) (“Sranan” or the “Company”) oversubscribed private placement announced on
PRESS RELEASE
June 16, 2025
Sranan Gold announces further high-potential exploration targets at
the Tapanahony Gold Project in Suriname
EDMONTON, AB, CANADA – Following the closing of Sranan Gold Corp. ’s (CSE: SRAN) (FSE &
Tradegate: P84) (“Sranan” or the “Company”) oversubscribed private placement announced on
June 12, 2025, the Company announces additional targets to its planned inaugural 10,000-metre
drill program at the 4.5-kilometre Randy-Poeketi trend of the Tapanahony Gold Project in Suriname.
Each of the target areas (see Figure 1) has been identified by a combination Lidar survey ,
geophysics, geological interpretation, exploration data from previous operators, field work and,
most importantly, local mining activity. The areas currently identified are referred to as Randy’s Pit,
Randy’s Extension, Randy West, Poeketi Pit, West Poeketi, South Intrusion, Enard North and Enard
South.
Dr. Dennis LaPoint, EVP Exploration and Corporate Development of Sranan Gold, commented: “Our
expanded 10,000-metre drill program marks a major step forward in systematically unlocking the
potential of our district-scale property. With an adaptive approach guided by rapid assay
turnaround and new structural and lithologic data and analysis, we’re confident this program will
significantly advance our understanding of the project’s scale and resource potential. ”
Figure 1: Priority exploration targets at the Tapanahony Gold Project, Suriname.
Randy’s Pit is the
first priority for
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drilling, which is based on historical drilling by Iamgold and later mining by local miners at Randy’s
Pit.
Newly identified zone Randy’s Extension is the southeast continuation of the Randy trend, where
a potential granite contact – s i m i l a r i n s t y l e t o m i n e r a l i z a t i o n a t t h e O k o W e s t g o l d discovery in
northwest Guyana – may exist. This 1.6-kilometre trend will be explored while the excavator is in the
area for drilling at Randy’s Pit, leveraging mobilization efficiencies. The goal is to confirm the
continuity of the Randy trend beyond its known limits. Drilling will follow.
Newly identified zone Randy West targets a parallel zone immediately west of Randy trend. Two
ridges, each roughly two kilometres in length, display evidence of historical pits and alluvial
workings, suggesting a nearby intrusive source. As the excavator works at Randy’s Pit to support
drilling, trenching will commence on these ridges to test for mineralization and to define drill targets
along this parallel trend.
The Poeketi Pit target is the site of a recent gold rush starting in 2020. Active mining is characterized
by a high-grade, fault-filled vein system. Drilling is planned on the 350-metre-long Poeketi open pit,
which hosts five underground shafts , and the 150-metre-long New Pit. In between is a 260 -metre
ridge due to the fault-filled vein which will be tested first by trenching.
A trenching program is planned at West Poeketi on its southern region to delineate mineralized
structures to select drill sites. A northeast striking soil sampling campaign toward the concession’s
northwest boundary will later be used to extend known mineralized trends and highlight areas for
further exploration.
The newly identified South Intrusion target lies to the southeast of the Randy trend, where an arc
of shallow auger anomalies closely follows the greenstone -intrusive contact, like Oko and Oko
West. Historically, Iamgold panning anomalies in this area indicated a potential source of
mineralization. This target region spans five to ten kilometres in strike length.
New identified Enard North and Enard South benefit from detailed Lidar coverage and extensive
alluvial mining, both of which highlight the potential of the Enard concession. At Enard South, two
large-scale folds were revealed by Lidar, supported by active artisanal mining. The fold axes
correspond to catchment anomalies identified in panning by Iamgold. Focused mapping, sampling
and auger drilling will be the primary methods to develop targets in this fold-hosted setting that has
similarities to the Merian and Rosebel mines.
Qualified Person
Dr. Dennis J. LaPoint, Ph.D., P .Geo. a “qualified person” as defined under National Instrument 43-
101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint
is not independent of Sranan Gold, as he is the Company’s EVP Exploration and Corporate
Development.
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About Sranan Gold
Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral
property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of
Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and
largest small-scale mining areas in Suriname. There is significant production from saprolite by local
miners along a 4.5-kilometre trend, where several areas of mining have been opened.
Sranan Gold is also exploring its Aida Property consisting of five mineral claims covering an area of
2,335.42 hectares on the Shuswap Highland within the Kamloops Mining Division.
For more information, visit sranangold.com.
Information contact
Oscar Louzada, CEO
+31 6 25438975
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS
RELEASE.
Forward-looking statements
Certain statements in this release constitute “forward-looking statements” or “forward-looking information” within the
meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the
Company’s exploration plans and results at its projects. Such statements and information involve known and unknown
risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company,
its projects, or industry results, to b e materially different from any future results, performance or achievements
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expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements and information contained herein are based on certain factors and assumptions regarding,
among other things, the estimation of mineral resources and reserves, the realization of resource and reserve
estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital
and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes
and other matters. While the Company consider s its assumptions to be reasonable as of the date hereof, forward -
looking statements and information are not guarantees of future performance and readers should not place undue
importance on such statements as actual events and results may differ materiall y from those described herein. The
Company does not undertake to update any forward -looking statements or information except as may be required by
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