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Sanu Gold Corporation reports significantly elevated gold in rock chip samples of up to 12.5 grams per tonne gold from bedrock mineralization recently exposed by artisanal miners at its Daina Gold Project in Guinea, West Africa.

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Sanu Gold Corporation (CSE:SANU) reports significantly elevated gold in rock chip samples of up to 12.5 grams per tonne gold from bedrock mineralization recently exposed by artisanal miners at its Daina Gold Project in Guinea, West Africa. Located within the world class Siguiri Basin, host to several operating mines, Sanu is exploring three high quality gold exploration permits in Guinea targeting multi-million ounce gold discoveries.

Additional Information:

Company: Sanu Gold Corporation
Website: https://sanugoldcorp.com/
Stock Symbol: CSE:SANU
Date Published: Jul 29, 2022
Transcript: Available

Video Transcript:

Sanu Gold Corporation (CSE:SANU) reported significantly elevated gold in rock chip samples of up to 12.5 grams per tonne gold from bedrock mineralization recently exposed by artisanal miners at its Daina Gold Project in Guinea, West Africa.
Located within the world class Siguiri Basin, host to several operating mines, Sanu is exploring three high quality gold exploration permits in Guinea targeting multi-million ounce gold discoveries.

The company has defined kilometer scale gold bearing structures on each of the permits with multiple high-value drill targets.

Martin Pawlitschek, President and CEO, stated: "We are highly encouraged by the well-developed, wide zones of mineralization exposed by artisanal miners at Daina 1, Daina 2 and Daina 6 targets. The rock chip sampling and small-scale artisanal gold extraction activities clearly show that the kilometer scale gold geochemistry trends at Daina 1, Daina 2 and Daina 6 are formed over significant zones of bedrock mineralization. Given that the local mining activities open only a small fraction of the larger trends, we are confident that the auger drilling will define further zones of bedrock mineralization beneath the laterite cover."

Geological and structural mapping and rock chip sampling at Daina identified three bedrock gold mineralized zones associated with large termite mound anomalies at Daina 1, Daina 2 and Daina 6 targets.

At Daina 1, two samples from local working pits returned high gold values including 5.16 g/t, and 1.1 g/t.

Pits are located within the 10 km long termite mound gold anomaly and within a NNW-trending shear zone system that control the gold mineralization.

Rocks that host the gold mineralization are similar to those from Daina 2 and 6 targets.

At Daina 2, the main artisanal pit extends for more than 200 m along strike with widths of up to 50 m.

Mining activity on this site recently started and currently only goes as deep as 10 m.

Many other clusters of local small-scale artisanal pits, exploiting mineralized bedrock, were mapped and sampled along the gold anomaly.

Geological mapping revealed that the gold mineralized zone within the thrust fault zone is a potential three-kilometer-long stockwork and breccia vein system associated with gold dissemination in the wall rock.

These Quartz-vein stockworks are heavily targeted by the local miners, who extract coarse-grained gold from the quartz veins and fine-grained gold from the altered saprolite between the veins.

Analysis of the rock chip samples from the working pits at Daina 2 returned high-grade gold values, including as high as
12.5 grams per tonne gold.

Daina 6 target is located approximately 1.5 km west of Daina 2.

Analysis of the rock chip samples from the working pits at Daina 6 returned high-grade gold values including as high as 7.41 grams per tonne gold.

Daina 6's main artisanal mining pit extends for more than 150 m along strike with widths of up to 25 m with mining depths currently varying between 2 to 5 meters.

Many other clusters of local working pits are identified along the mineralizing trend for at least a 1km strike length.

The working pits are located within the previously defined 1.3 km long termite mound gold anomaly.

The company is in the final phases of completing a greater than 15,000 metre auger drill sampling program over the Daina 1, Daina 2 and Daina 6 anomalies and is in the final phases of compiling assay results for the definition of bedrock gold anomalies.

Review of all data including the auger results will lead to the company's maiden RC drill testing program at Daina.

The shares, which began trading on the CSE on July 12, are currently trading at $0.35.

For more information, please visit the company’s website, www.SanuGoldCorp.com, contact Martin Pawlitschek, President and CEO, by email at info@SanuGoldCorp.com.