Sanu Gold Extends Mineralization at Its Daina 2 Target to over 1.5km and Makes a New Discovery at the Salat East Target

June 04, 2025 7:00 AM EDT | Source: Sanu Gold Corp.

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) ("Sanu Gold" or the "Company") is pleased to announce preliminary results from its ongoing 2025 drill programme, which has mainly focused on its Daina gold exploration permit ("Daina"), located in the prolific Siguiri Basin of Guinea, West Africa.

Since the drill programme began in February 2025, a total of 9,118 meters were drilled on the Daina gold exploration permit, with assay results for several holes still pending. Preliminary drill results have extended mineralization at the Daina 2 Target and resulted in another new discovery at the Salat East Target, with highlights provided below.

Daina 2 Target highlights:

  • Following the new Daina 2 Target discovery announced earlier this year, further drilling has successfully confirmed mineralization between the Daina 2 Main and the Daina 2 South zones, thereby extending the mineralization by approximately 1,000 meters to a strike length of at least 1,500 meters.

  • Key preliminary drill results to date include:

    • Hole DAI-RC-067: 26m of 2.54 g/t Au from 18m, including 11m of 5.48 g/t Au.

    • Hole DAI-RC-061: 32m of 1.24 g/t Au from 13m including:

      • 9m of 2.48 g/t Au from 34m and

      • 11m of 3.43 g/t Au from 53m, including 8m of 4.44 g/t Au.

    • Hole DAI-RC-069: 22m of 1.02 g/t Au from 17m, including 2m of 2.52 g/t Au.

    • Hole DAI-AC-078: 18m of 1.06 g/t Au from 24m, including 4m of 1.85 g/t Au.

    • Hole DAI-AC-088: 10m of 1.54 g/t Au from 14m, including 2m of 6.81 g/t Au.

  • Mineralization remains open to the south where the trends defined in the ground geophysics indicates the main structure continues for a further 1,000 meters.

  • A second rig has been mobilized with a further 4,000 meters of drilling currently underway on the Daina permit.

Salat East Target highlights:

  • Salat East target is located only 4km from the Daina 1 South target.

  • First ever drilling at the Salat East target identified mineralization of significant width over a strike length of at least 500 meters, within a granite hosted northeast striking structure.

  • The mineralized structure remains open suggesting significant opportunity for expansion along strike and at depth, with follow-up drilling expected to be planned in the next drilling campaign.

  • Drill results highlights include 34m of 1.42 g/t Au from 24m, including 12m of 3.24 g/t Au (Hole DAI-RC-076).

Martin Pawlitschek, President and CEO of Sanu Gold commented: "We are very pleased with the preliminary results of our ongoing exploration programme. Our key focus was to test the extensive gold bearing structures first discovered late last year at Daina 2, where further drilling confirmed wide zones of mineralization from the southern extension of the structure. We have also completed initial lines of drilling across the granitoid hosted Salat East target where we made a new discovery as significant widths and grades of gold mineralization were returned, while the structure remains open in all directions.

In parallel, we continue to progress our strategy of growing our presence in Guinea by assessing early-stage exploration opportunities. Given Sanu's proven commitment to exploration and our strong shareholder backing, we believe that we are well positioned to be a partner of choice for the award of available exploration tenements."

ONGOING DRILL PROGRAM DETAILS

Since the start of the program in February 2025, a total of 4,144 meters Reverse Circulation (RC) were drilled in 31 RC holes, 3,364 meters Air Core (AC) were drilled in 73 AC holes and 1,610 meters Diamond Drill (DD) were drilled in six oriented core holes in the Daina Project (Figure 1). The results for all the diamond holes and for ten RC and seven Air Core holes are pending.

The follow-up drill programme was designed to test the lateral and downdip extension of large and high-grade gold mineralization previously intercepted on the southern extension of the Daina 2 target.[1] At Salat East, gold mineralization associated with a northeast trending structure hosted within a granite intrusive was tested over 500 meters of strike length. At Daina 1 South the program tested the extension of a NNW-striking parallel system of gold mineralized structures.

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Figure 1: Daina key prospects.

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Daina 2 Target

A total of 60 AC holes totaling 2,558 meters and twenty-five RC holes totaling 2,845 meters and three diamond core holes totaling 720 meters were drilled at the Daina 2 Target (Figure 2). The results are pending for all three diamond holes.

This drilling program was designed to test lateral and downdip extension of large gold mineralization previously intercepted on the southern extension of the Daina 2 structure, including 51 meters at 3.11 g/t Au from 6 meters in hole DAI-AC-021, see the Sanu Gold news releases dated January 21, 2025.

Five drill fences oriented in East-West and spaced 100 meters to 200 meters apart have been drilled along the southern part of the structure filling in the area to the north towards the main zone. The program yielded encouraging results consisting of intercepts of multiple sets of mineralized zones (Table 1) and showing a 600-meter-long northward extension of the newly discovered zone. The defined gold structure is open towards the south where the geophysics indicates that it may continue for another 1Km (Figure 2).

The trend of gold mineralization intercepted at the southern extension at Daina 2 coincides with a north-south trending area of elevated chargeability and resistivity. Observations of rock chip samples from RC and AC drill and core samples from diamond drill holes show that the gold mineralization is hosted within hydrothermally altered and deformed coarse-grained greywacke locally alternating with thin layers of fine-grained siltstones crosscut by auriferous quartz veins associated with disseminated pyrite and arsenopyrite. Zones of extensive quartz veins and breccia host large and high-grade gold mineralization.

Mineralization has been encountered at depth in DAI-RC-072 suggesting that mineralised system could be thicker with 20m of 0.35 g/t Au intersected from 185 meters depth.

Best preliminary intercepts from the 2025 campaign include (Table 1):

  • Hole DAI-RC-061: 32m of 1.24 g/t Au from 13m, including 9m of 2.48 g/t Au, and 11m of 3.43 g/t Au from 53m, including 8m of 4.44 g/t Au.

  • Hole DAI-RC-067: 26m of 2.54 g/t Au of from 18m including 11m of 5.48 g/t Au

  • Hole DAI-RC-069: 22m of 1.02 g/t Au from 17m, including 2m of 2.52 g/t Au.

  • Hole DAI-AC-078: 18m of 1.06 g/t Au from 24m, including 4m of 1.85 g/t Au.

  • Hole DAI-AC-088: 10m of 1.54 g/t Au from 14m.

Best intercepts from previous drill campaigns include (News release dated January 21, 2025):

  • Hole DAI-AC-021: 51m of 3.11 g/t Au from 6m, including 4m of 4.47 g/t Au, as well as 5m of 20.0 g/t Au further downhole

  • Hole DAI-RC-004: 21m of 4.75 g/t Au from 56m, including 1m of 85.5 g/t Au

  • Hole DAI-RC-001: 37m of 1.99 g/t Au from 21m, including 1m of 32.6 g/t Au, followed further downhole by 15m of 1.23 g/t Au, including 1m of 12.3 g/t Au

  • Hole DAI-RC-013: 11m of 5.50 g/t Au from 80m, including 1m of 56.6 g/t Au

  • Hole DAI-AC-022: 16m of 0.94 g/t Au from 20m, including 8m of 1.2 g/t Au

  • Hole DAI-RC-051: 4m of 1.84 g/t Au from 60m

Broad zones of gold mineralization have been intersected in the greywacke unit as summarized in Table 1 and Figure 3.

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Figure 2: Daina 2 current program drill collars and key intercepts (previous in dark boxes and new light boxes) over resistivity map.

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Figure 3: Two drill sections from Daina 2 South.

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Salat East Target

Two air core holes totaling 85 meters, nine RC holes totaling 1,117 meters and two oriented diamond core holes totaling 590 meters were drilled at Salat East Target (Table 3). All the diamond core, as well as five RC holes have results pending.

The program was designed to test a 500-meter-long segment of a NE-trending gold-bearing structures hosted in a granite. The intrusive rock is extensively sheared and hydrothermally altered and associated with a zone of elevated chargeability and resistivity (Figure 4).

Scout drilling consistently returned wide zones of mineralisation and alteration to a vertical depth of 100 meters. Gold Mineralization along the Shear Zone is characterized by a network of steeply dipping gold-bearing veins and veinlets associated with disseminated pyrite in altered and sheared granite (Figure 5). RC and DD drilling define the mineralized zones from surface to a depth of 200 meter deep and vary in width from 50 meter to up to 100 meter. The gold structure remains open for significant expansion along strike and at depth.

Results from Salat Target to date include:

  • Hole DAI-RC-076: 34m of 1.42 g/t Au from 24m, including 12m of 3.24 g/t Au.

  • Hole DAI-RC-077: 34m of 0.50 g/t Au from 14m, including 4m of 1.06 g/t Au.

  • Hole DAI-RC-078: 44m of 0.34 g/t Au from 62m, including 2m of 1.07 g/t Au.

  • Hole DAI-RC-078: 18m of 0.48 g/t Au from 126m, including 2m of 1.27 g/t Au.

  • Hole DAI-RC-075: 12m of 0.60 g/t Au from 136m, including 2m of 2.39 g/t Au.

  • Hole DAI-RC-076: 16m of 0.40 g/t Au from 72m, including 2m of 1.32 g/t Au.

  • Hole DAI-RC-078: 14m of 0.37 g/t Au from 28m.

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Figure 4: Salat East, showing drill locations, intercepts and trend of artisanal workings. Highlighted assays results from AC and RC drill holes.

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Figure 5: Salat East Target cross-sections showing geological and structural interpretation, RC drill hole traces, highlighted assays results from AC and RC drill holes.

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https://images.newsfilecorp.com/files/8941/254395_831d43e8f4e9388c_005full.jpg

Daina 1 South Target

Two RC holes totaling 182 meters, eleven AC holes totaling 721 meters and one oriented diamond core hole of 300-meter depth were drilled at the Daina 1 South Target (Table 2).

The objective of the drill program at Daina 1 South was to test the extension of a NNW-striking parallel system of gold mineralized structures. The mineralized structure occurs at faulted contact between the high chargeability graphitic siltstone and medium to low chargeability zone greywacke rocks and is expressed in the field by an area of extensive deformation hydrothermal alteration and artisanal works, pits and shafts, aligned along the identified gold structure. Significant intervals from this program reported herein include (Table 2):

Hole DAI-AC-091: 10m of 0.67 g/t Au from 4m, including 2m of 2.46 g/t Au and 24m of 0.52 g/t Au from 32m, including 2m of 2.45 g/t Au from 42m.

The results are from an area with a large artisanal pit in bedrock. At the time of this release the result for only one AC hole was available. Results are pending from this target area for 10 Air Core Holes, 2 RC holes and 1 diamond hole.

OTHER ONGOING EXPLORATION PROGRAMMES:

- At Diguifara, four oriented diamond core holes for a total of 1,120 meters have been completed across the target of Dig 1, Dig 2 and Dig 3. Results for these are pending. One RC and Air Core rig has been mobilized to Diguifara to follow up the strike extents of mineralization identified in last year's drilling at Dig 1, Dig 2 and Dig 3. A program consisting of 17 RC holes for 1,400 meters and 20 AC holes for 2,100 meters is underway.

- A diamond core rig has been mobilized to Bantabaye where a program of three oriented diamond core holes is underway. Our geophysics contractors have also been mobilized to Bantabaye where a 90-line Kilometer extension of the ground geophysics is underway to cover the gold trends in the southern part of the permit. In parallel, a program of auger geochemical sampling has also commenced targeting the gold trends in the north and in the south of the Bantabaye Permit.

CORPORATE UPDATE:

The Company welcomes Peter Hemstead to the Board of Directors. Peter brings extensive corporate governance and audit experience to the board.

We also thank Galen McNamara who completed his tenure on the Board at the Annual General Meeting. Galen has made significant contributions to the Company's start up years.

Table 1: Daina 2 Target RC drill intercepts.

Hole IDX-UTMY-UTM


InterceptIntervalFromProspect
LengthAzimuthDip


(m)(o)(o)(g/t Au)(m)(m)
 








DAI-AC-030503 7421 317 9992490-550.77180Daina 2
including




2.5122
DAI-AC-031503 7561 318 0045890-550.85616Daina 2
including




1.12216
DAI-AC-032503 7881 318 0025590-550.42210Daina 2
DAI-AC-033503 8231 318 0024490-55NSV

Daina 2
DAI-RC-060503641131800315690-550.50286Daina 2
and




0.332113
and




1.067122
including




1.414122
and




0.518136
including




1.931143
DAI-RC-061503702131800012090-551.243213Daina 2
including




2.48934
and




3.431153
including




4.44853
and




0.40673
DAI-RC-062503668131800014090-550.47248Daina 2






0.22669
including




1.01274






1.22284
including




1.76185






1.21492






0.382109
DAI-AC-03450384313180053990-55NSV

Daina 2
DAI-AC-03550373413179046090-55NSV

Daina 2
DAI-AC-03650377213179035090-55NSV

Daina 2
DAI-AC-03750379913179054790-55NSV

Daina 2
DAI-AC-03850382713179064490-55NSV

Daina 2
DAI-AC-03950385013179074390-55NSV

Daina 2
DAI-RC-063503712131790214590-550.32117Daina 2






0.53129






0.421116
DAI-RC-064503649.2131790013290-550.46126Daina 2






0.31183
DAI-AC-04050375113178024990-55NSV

Daina 2
DAI-AC-04150377513177994990-550.48444Daina 2
DAI-AC-04250380613178015090-55NSV

Daina 2
DAI-AC-04350383413178014090-55NSV

Daina 2
DAI-AC-04450385913178004990-55NSV

Daina 2
DAI-AC-04550388913177995090-55NSV

Daina 2
DAI-AC-04650362713178014790-550.39214Daina 2
DAI-AC-04750365613178014790-550.85126Daina 2
including




1.6748
DAI-AC-04850367913177965390-55NSV

Daina 2
DAI-RC-06550371013178027890-552.94113Daina 2






0.96154
DAI-RC-06650357713177997090-55NSV

Daina 2
DAI-AC-04950374313181005390-550.8142Daina 2






0.0022
DAI-AC-05050377213181025290-550.3820Daina 2
DAI-AC-05150380313181064490-55NSV

Daina 2
DAI-RC-06750369113181007090-552.542618Daina 2
including




5.501134
DAI-RC-068503627131809914490-550.40259Daina 2






2.81269






1.12289






0.8411103
including




1.693103






5.882120
including




10.981120
DAI-AC-05250371013181924790-550.501016Daina 2
DAI-AC-05350373513182024790-550.6046Daina 2
DAI-RC-06950365113181959690
1.022217Daina 2
including




2.52220






1.90242






0.92949
including




4.23150
DAI-RC-070503607131819913090-551.51249Daina 2
including




2.65149






0.503062
including




1.131081
DAI-RC-0715037071318100170270-550.7123Daina 2






1.06847
including




4.59153






6.30261
including




12.06161






0.52287






0.801102






0.527109
including




1.201111






0.661122






0.462135






0.5723142
including




1.044150
DAI-RC-072503587131809921090-550.82150Daina 2
including




2.13176






0.65473
including




1.263107






0.5321100






0.681125






0.362134






0.238147
including




1.303192






0.591180






0.3520185






0.581209
DAI-AC-05450366913183002990-55NSV

Daina 2
DAI-AC-05550368613182992590-55NSV

Daina 2
DAI-AC-05650370013183022990-550.8728Daina 2
DAI-AC-05750371513183034190-55NSV

Daina 2
DAI-AC-05850373513183114090-55NSV

Daina 2
DAI-AC-05950376013183153790-55NSV

Daina 2
DAI-AC-060503781.513183132590-55NSV

Daina 2
DAI-AC-061503795.513183151690-55NSV

Daina 2
DAI-AC-062503811.513183121390-550.3222Daina 2
DAI-AC-063503818.513183161290-550.4224Daina 2
DAI-AC-064503824.513183141490-55NSV

Daina 2
DAI-AC-065503832.513183172190-55NSV

Daina 2
DAI-AC-066503844.513183154490-55NSV

Daina 2
DAI-AC-06750365213182873690
0.3862Daina 2






1.07424
DAI-AC-06850363213182823690-550.502412Daina 2
including




2.34120
DAI-AC-06950361213183504190-550.89366Daina 2
including




1.611414
DAI-RC-073503542131835011490-550.3511Daina 2






1.27549
including




1.81350






0.441962
including




2.17165
DAI-AC-07050344813186925490-550.5726Daina 2






0.44214






0.22838






0.500244
DAI-RC-074503409131870810090-551.96128Daina 2






0.69266
DAI-AC-07150328713185005290-55NSV

Daina 2
DAI-AC-07250331613184984690-55NSV

Daina 2
DAI-AC-07350334213185004390-550.4051420Daina 2
DAI-AC-07450337213184994290-550.638128Daina 2
DAI-AC-07550339613185005190-550.3726Daina 2
DAI-AC-07650342613184995490-550.391250Daina 2
DAI-AC-07750345613184894890-550.51230Daina 2
DAI-AC-07850354613185034890-550.3624Daina 2






1.0611824
including




1.854434
DAI-AC-07950357213185115090-55NSV

Daina 2
DAI-AC-08050359713185304390-55NSV

Daina 2
DAI-AC-0835033421318806549055NSV

Daina 2
DAI-AC-0845033751318884499055NSV

Daina 2
DAI-AC-085503191131920099055NSV

Daina 2
DAI-AC-085-A5031931319200629055NSV

Daina 2
DAI-AC-08650309313192995290550.74240Daina 2
DAI-AC-08750280913197025990550.310234Daina 2






0.336844






0.467258
DAI-AC-08850275113196795390551.541014Daina 2
including




6.81214






0.71232
DAI-AC-08950260313199355790550.6224






0.43620
DAI-AC-09050242213202533290550.6120






0.51214
DAI-RC-0795033121318800889055NSV


DAI-RC-08050326113188001449055NSV


DAI-RC-08150331313189049190550.90266
DAI-RC-0825031531319197849055NSV


DAI-RC-0835030451319296849055NSV


DAI-RC-08450294913193997290550.31236
DAI-RC-085502690131970212690550.48282
DAI-RC-08650265013198019290550.4928






0.97470






0.40290
DAI-RC-08750255013199371049055NSV


DAI-RC-088502 3941 320 2728590551.30236
Notes: The Company does not have sufficient information to make a determination of the true widths of the drill hole intersections reported in this release. Drillhole intercepts are calculated using a minimum downhole length of ≥1 m, a cut-off grade of 0.3 g/t gold, and may include up to 3m of internal dilution within the intercept. Only intercepts ≥1 m are reported. Sample intervals are comprised of RC drill chips, which are sampled at regular 1 m intervals. Assays are reported uncut. Grid coordinates are UTM WGS84 Zone 29N. NSV = no significant values.

 

Table 2: Daina 1 South Target RC and AC drill intercepts.

Hole IDX-UTMY-UTM


InterceptIntervalFromProspect
LengthAzimuthDip


(m)(o)(o)(g/t Au)(m)(m)
2025 Drilling Results
DAI-RC-050504 8781 311 202111270550.32424Daina 1






1.54460






0.62110
DAI-AC-001504 7931 311 19180270550.46210Daina 1






0.67222






0.343642
Including




1.1256
DAI-AC-002504 6521 311 20877270551.32410Daina 1






0.59230






0.33240
DAI-AC-003504 7691 311 26683270550.311422Daina 1






1.35448






0.51074






1.1278
DAI-AC-004504 7551 311 30673270551.2524Daina 1






0.37820






0.85246
DAI-AC-005504 8211 311 102101270550.65220Daina 1






0.36884
DAI-AC-006504 6661 311 10084270550.52410Daina 1






0.87872
Including




2.68272
DAI-AC-007504 6331 311 09875270550.3526Daina 1






0.34216






0.32442
DAI-AC-008504 6291 311 25957270550.5182Daina 1
Including




2.2522






1.18442
DAI-AC-009504 8021 311 215100295550.31830Daina 1






0.58452
DAI-AC-010504 7951 311 180107295550.3236Daina 1






0.44246






1.37462






0.36288
DAI-AC-011504 5931 311 30583270550.3888Daina 1






0.552024






0.46274
DAI-AC-012504 6851 311 40570270550.95826Daina 1
Including




3.34232






0.32244
DAI-AC-013504 6521 311 50362270550.58108
Including




1.88216






0.41652
DAI-RC-059504 8751 311 202133270550.49444Daina 1






0.6266






0.332106






1.082132
DAI-AC-014502 9691 315 7024127055NSV

Daina 1
DAI-AC-015502 9391 315 69985270550.48262Daina 1
DAI-AC-016502 9101 315 70277270550.32622






0.46256
DAI-AC-017502 9421 315 7998927055NSV

Daina 1
DAI-AC-018502 8951 315 8024127055NSV

Daina 1
DAI-AC-019502 4281 316 2026927055NSV

Daina 1
DAI-AC-091504 7491 311 20356270550.670104Daina 1
Including




2.46524






0.522432
Including




2.453242
Notes: The Company does not have sufficient information to make a determination of the true widths of the drill hole intersections reported in this release. Drillhole intercepts are calculated using a minimum downhole length of ≥1 m, a cut-off grade of 0.3 g/t gold, and may include up to 3m of internal dilution within the intercept. Only intercepts ≥1 m are reported. Sample intervals are comprised of RC drill chips, which are sampled at regular 1 m intervals. Assays are reported uncut. Grid coordinates are UTM WGS84 Zone 29N. NSV = no significant values.

 

Table 3: Salat East Target RC drill intercepts.

Hole IDX-UTMY-UTM


InterceptIntervalFromProspect
LengthAzimuthDip


(m)(o)(o)(g/t Au)(m)(m)
DAI-RC-075508360131018521090550.932114Salat East






0.5812136
Including




2.392146






0.502162






0.308202
DAI-RC-076508434131018715590551.423424Salat East
Including




3.241236






0.40472
Including




1.322







1.102102
DAI-AC-0815085081310185469055NSV


DAI-AC-0825084381309987399055NSV


DAI-RC-077508359130996616090550.503414
Including




1.06426






0.36258






0.342150
DAI-RC-078508296130997819090-550.66414Salat East






0.371428






0.344462
Including




1.07272






0.5018126
Including




1.272140






0.332168
Notes: The Company does not have sufficient information to make a determination of the true widths of the drill hole intersections reported in this release. Drillhole intercepts are calculated using a minimum downhole length of ≥1 m, a cut-off grade of 0.3 g/t gold, and may include up to 3m of internal dilution within the intercept. Only intercepts ≥1 m are reported. Sample intervals are comprised of RC drill chips, which are sampled at regular 1 m intervals. Assays are reported uncut. Grid coordinates are UTM WGS84 Zone 29N. NSV = no significant values.

 

QUALITY ASSURANCE / QUALITY CONTROL ("QA/QC")

Sampling was completed at 2m composite intervals, except where holes terminated at an uneven depth meterage, in which cases 1m intervals were sampled. Sampling followed industry best practices, utilizing large riffle splitters, conducted under the supervision of the Company's project geologists and the chain of custody from the project to the sample preparation facility was continuously monitored. An appropriate number and type of certified reference materials (standards) and blanks totaling 5% of the total number of samples shipped to the laboratory was inserted approximately every 20th sample to ensure an effective QA/QC program was carried out. Data verification of the analytical results included a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results. All samples were analyzed using CPA-Au1 (Gamma ray analysis of sample for gold by photon assay instrument) at the MSALABS SAS in Bamako, Mali ("MSALABS"). MSALABS is an internationally recognized and commercially certified laboratory and is independent of Sanu Gold.

QUALIFIED PERSON

The scientific and technical information contained in this press release has been reviewed and approved by Serigne Dieng, Ph.D., M.Sc., a Member (MAIG) of the Australian Institute of Geoscientists (AIG), Exploration Manager of the Company and a qualified person within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

ABOUT SANU GOLD

Located within the Siguiri Basin, a world class gold district that is host to several operating mines and major new discoveries, Sanu Gold is exploring three high-quality gold exploration permits in Guinea, West Africa. The Company has defined multi-kilometer long gold-bearing structures on each of the gold exploration permits, with multiple high-value drill targets and is targeting multi-million-ounce gold discoveries. Sanu is operated by a highly experienced team, with successful records of discovery, resource development and mine permitting.

Martin Pawlitschek
President & CEO, Sanu Gold Corp.

For further information regarding Sanu Gold, please visit the Company's website at www.sanugoldcorp.com or contact:

Anthony Simone
Simone Capital
416-881-5154
asimone@simonecapital.ca
 
Martin Pawlitschek
President & CEO, Sanu Gold Corp.

 

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

717 - 1030 West Georgia Street | Vancouver, British Columbia | Canada | V6E 2Y3
Telephone: (647) 473-7268 | www.sanugoldcorp.com

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed "forward-looking statements" with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicates", "opportunity", "possible" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release includes, but is not limited to, the anticipated timing for completion of various exploration or drilling programs. Although Sanu Gold believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's plans for exploration on its properties and ability to execute on plans, ability to raise sufficient capital to fund its obligations under its property agreements going forward, ability to maintain its material property agreements, mineral tenures and concessions in good standing, to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associated with mineral exploration and mining operations, future prices of gold and other metals, changes in general economic conditions and local risks in the jurisdiction (Guinea) in which it operates, accuracy of mineral resource and reserve estimates, the potential for new discoveries, the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to the Company's plans and business objectives for the projects; the general ability of the Company to monetize its mineral resources; changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel; general competition in the mining industry availability of capital and financing; general economic, market or business conditions, regulatory changes; timeliness of regulatory approvals as well as those factors discussed in the Company's public disclosure record. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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1 See the Sanu Gold news releases dated January 21, 2025

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254395

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