Sanu Gold Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Sanu Gold Corp
Perm ID: 1-5081121676
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Sanu Gold Provides Notice of Annual and Special Meeting of Shareholders
Sanu Gold announces its AGM on May 21, 2025, with board nominations including new member Peter Hemstead, who brings extensive mining and financial expertise.

Sanu Gold Announces Closing of Upsized Private Placement led by Montage Gold & the Lundin Family

Sanu Gold Announces Upsize of Private Placement to $12 Million led by Montage Gold & the Lundin Family
Sanu Gold Corporation has increased its non-brokered private placement to up to 42.86 million common shares at C$0.28 each, aiming for C$12 million in proceeds. Funds will support exploration in Guinea and may include new permit acquisitions.

Sanu Gold Rapidly Launches Drilling Programme on Its Daina Permit to Follow-up on High-Grade Intercepts Recently Published
Sanu Gold Corporation has launched a follow-up drilling campaign at its Daina gold exploration permit in Guinea, aiming to further investigate high-grade gold mineralization. The program includes approximately 5,000 meters of drilling across 50-60 holes to confirm continuity and explore additional targets.

Sanu Gold Discovers High Grade Zone Returning 51m of 3.1 g/t Au at Daina Permit While First-Ever Drill Program at Diguifara Permit Confirms Wide Mineralization
Sanu Gold Corporation announced the discovery of a new high-grade gold zone at its Daina permit and confirmed extensive mineralization at the Diguifara permit in Guinea. The recent drilling program revealed significant gold grades and further exploration is planned.

Sanu Gold Announces Closing of Strategic Partnership with Montage Gold & Strategic Investment by the Lundin Family
Montage Gold Corp. acquired a 19.9% stake in Sanu Gold for CAD $5.5 million, while the Lundin family gained a 10% stake. Montage's CEO now chairs Sanu's board, with plans to fund exploration activities in Guinea using the investment proceeds.

Sanu Gold Announces Strategic Partnership with Montage Gold & Strategic Investment by the Lundin Family
Montage Gold Corp. plans to acquire a 19.9% stake in Sanu Gold for up to C$5.5 million through a share exchange. The Lundin Family will also invest for a 10% stake, enhancing exploration partnerships in Sanu's properties. The total investment could reach C$10.1 million.

Sanu Gold Announces Start of Drilling at its Daina Gold Permit
Sanu Gold Corporation has announced the commencement of the Phase 1 2024 drilling campaign at its Daina gold exploration permit in Guinea, West Africa. The drilling program will test five targets at Daina, including some new, undrilled ones and follow up on previous high-grade intercepts. The Daina permit is located near areas explored by major gold miners such as AngloGold Ashanti, a strategic shareholder in Sanu Gold. The targets were selected based on strong gold results from auger-hole and promising geochemical and geophysical trends. The program includes up to 3000m of air core and RC drilling in 25 to 35 holes. Additionally, assays from all 22 holes of the first-ever drill program at the D

Sanu Gold Announces Commencement of First-Ever Drill Program at its Diguifara Gold Permit
Sanu Gold Corporation has announced the start of its phase 1 drilling plans for the Diguifara project in Guinea, which is located 20km from the Siguiri gold mine owned by AngloGold Ashanti. The drilling will be carried out by Capital Limited, who participated heavily in Sanu Gold's last financing. The drilling started on October 28, with plans for a minimum of 2,000m of air core and RC drilling in 19 holes. The Diguifara permit features three undrilled, priority targets covering a cumulative strike length of 3.2km. The targets were chosen based on their strong auger gold results and continuity of geochemical and geophysical trends.

Sanu Gold Announces a New Target at Salat East on Daina Project
Sanu Gold Corporation has identified a promising gold target, Salat East, in the southeastern region of the Daina project in the Siguiri Basin, Guinea. This area, marked by new and extensive artisanal workings, offers significant gold ounce potential, with miners extracting mineralized material along a 500m northeast trending line. The company plans to evaluate Salat East through rock chip sampling, geological mapping, and geophysics before potential drilling. Sanu Gold is also preparing to commence a 2,000m, 19-hole drilling program at Diguifara. The CEO expressed enthusiasm about the newly defined target and its potential high-value mineralized material.
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Sanu Gold Corp Presentation Update - 2025-05-14 - Minimal Update: No...
Sanu Gold's report shows only minor updates; financials, resource estimates, and strategy remain unchanged, indicating stability and no material impact on investment outlook.
Sanu Gold Corp Presentation Update - 2025-04-25 - Minor Content Updates...
Minor textual updates to improve clarity; no significant changes to financial data, resource estimates, or project outlook. Overall, the report remains unchanged.