Sylla Gold Exercises Option Agreements to Acquire 100% in The Niaouleni West and Samaya South Properties at Its Niaouleni Gold Project
TMX Newsfile·2026-03-12 20:30

Core Viewpoint - Sylla Gold Corp. has successfully exercised its option to acquire a 100% interest in the Niaouleni West and Samaya South properties, marking a significant milestone in consolidating its ownership within the Niaouleni Gold Project [1][2]. Group 1: Acquisition Details - The company has completed the final cash payments for the Niaouleni West and Samaya South properties, having previously exercised the Deguefarakole option agreement [1]. - Sylla Gold has now exercised three of the four option agreements that make up the 17,200-hectare Niaouleni Gold Project, with the deadline to complete payments for the 2,100-hectare Sananfara property set for August 31, 2026 [1]. Group 2: Exploration and Drilling Activities - The Niaouleni Gold Project is situated within the Sanankoro-Kobada-Niaouleni Gold Corridor, with exploration work conducted in the 9,200-hectare Deguefarakole licence area [2]. - The company completed 76 reverse circulation drill holes from August 2022 to March 2023, with 66 holes encountering anomalous gold grades over significant widths [2]. - Drilling activities have extended the strike length at the Niaouleni South Prospect to 700 meters, which remains open in multiple directions [2]. Group 3: Property Highlights - Niaouleni West is identified as a compelling exploration opportunity, located along a significant shear zone that hosts Toubani Resource's Kobada gold deposit [3]. - The property has shown high-grade gold-in-soil geochemical anomalies and extensive artisanal gold workings, indicating a large underexplored target area [3]. - Samaya South, located approximately 3.5 kilometers from the Kobada gold deposit, has been the focus of extensive historical geochemical sampling, revealing anomalous gold trends [4]. - The presence of surface artisanal gold workings in Samaya South further supports its prospectivity and positions it as a priority target for follow-up exploration [4].

Sylla Gold Exercises Option Agreements to Acquire 100% in The Niaouleni West and Samaya South Properties at Its Niaouleni Gold Project - Reportify