Sanu Gold Reports That Drilling Has Defined a Broad Mineralized Corridor at Its Daina Property in the Siguiri Basin in Guinea
TargetTarget(US:TGT) Newsfile·2025-12-11 12:00

Core Insights - Sanu Gold Corporation has reported significant drilling results from its Daina property in the Siguiri Basin, Guinea, indicating a broad mineralized corridor with substantial gold potential [3][4][5] Exploration Highlights - The company drilled a total of 17,802 meters in FY-2025, with 12,896 meters focused on the Daina property, revealing extensive near-surface and deeper gold mineralized zones [5][10] - Key targets at Daina include Daina 2, Daina 1 South, and Salat East, with significant gold intercepts reported, such as 16 meters at 1.81 g/t Au from 44 meters at Daina 2 [5][9][12] - The Daina property is characterized by a multi-kilometer gold system, with mineralization remaining open for further exploration [9][10] Financial Position - Sanu Gold is well-funded for continued exploration activities in FY-2026, with approximately CAD 22 million in cash and cash equivalents [5][6] Future Plans - The company plans to initiate systematic follow-up and infill drilling at Daina in Q1-2026, focusing on expanding the identified gold zones [4][24] - Additional exploration activities are planned for the Bantabaye and Diguifara properties, with high-priority drill targets identified based on recent drilling and geophysical surveys [6][24][39] Geological Context - The Daina property exhibits geological similarities to other established deposits in the region, with mineralization controlled by structural features typical of the Siguiri Basin [4][9][14] - The ongoing exploration efforts are expected to unlock significant potential across the district-scale land package held by Sanu Gold [6][50]

Target-Sanu Gold Reports That Drilling Has Defined a Broad Mineralized Corridor at Its Daina Property in the Siguiri Basin in Guinea - Reportify