Sranan Gold Reports 11 Metres Grading 7.33 g/t Gold Including 4 Metres at 14.59 g/t Gold at Randy's Pit Target, Tapanahony Project, Suriname
TargetTarget(US:TGT) TMX Newsfile·2026-01-13 12:30

Core Viewpoint - Sranan Gold Corp. reports continued positive diamond drill results from the Randy's Pit target within the Tapanahony Gold Project in Suriname, indicating potential for further gold mineralization and expansion of the mineralized shear zone [1][4]. Group 1: Drilling Results - The company completed 4,189 meters of drilling in the second half of 2025, with diamond drilling set to resume in January 2026 [1]. - Significant intercepts include hole 25RADD-011, which intersected 11.0 meters grading 7.33 grams per tonne gold, including 4.0 meters at 14.59 g/t Au [4]. - Hole 25RADD-012 showed 10.0 meters at 1.08 g/t Au, with a notable 0.6 meters at 11.64 g/t Au [4]. - The mineralized shear corridor ranges from 50 to 150 meters in width, with mineralization defined for at least 900 meters of strike [4]. Group 2: Geological Context - Drill intercepts are associated with strong alteration in basaltic host rocks, typical for orogenic gold systems in the Guiana Shield [2]. - Observations include pyrite and pyrrhotite along shear planes and within late-stage fractures, indicating a robust geological environment for gold mineralization [2]. Group 3: Future Plans - The company aims to expand the mineralized shear zone along strike and downdip at the Randy's Pit target, with additional high-grade gold shoots as a primary objective [4]. - Assay results from four additional diamond drill holes are pending, which may further inform the exploration strategy [4]. Group 4: Company Overview - Sranan Gold Corp. is focused on mineral exploration and acquisition of mineral property assets in Suriname and Canada, with the Tapanahony Project covering 29,000 hectares in a prolific gold mining district [12].

Sranan Gold Reports 11 Metres Grading 7.33 g/t Gold Including 4 Metres at 14.59 g/t Gold at Randy's Pit Target, Tapanahony Project, Suriname - Reportify