New Drilling Uncovers Major Gold Zones in Guinea With Unexpected Potential

1. Sanu Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. 
2. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Sanu Gold Corp.
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Sanu Gold Corp. (SANU:CSE; SNGCF:OTCQB; L73:FRA) has swiftly initiated a new drilling campaign at its Daina gold exploration permit, located in the prolific Siguiri Basin of Guinea, West Africa. This effort follows the company's recent announcement of high-grade intercepts on January 21, 2025, and favorable trenching and geophysical results. The current drilling program aims to cover approximately 5,000 meters through 50–60 reverse-circulation (RC) and air-core holes.

The focus of this campaign is the Daina 2 South discovery and its extension toward the Daina 2 Main Zone. Sanu Gold's recent drilling results have shown promising mineralization continuity between these areas. Notable intercepts from previous drilling include 51 meters at 3.11 grams per tonne (g/t) of gold (Au) at Daina 2 South and from previous drilling up to 21 meters at 4.75 g/t Au at the Daina 2 Main Zone. Trenching results also revealed gold mineralization extending along strike, suggesting untapped potential both north and south of the current discovery areas.

According to Martin Pawlitschek, President and CEO of Sanu Gold, in the announcement, "We are excited by the recent trench samples collected from well-mineralized exposures. The extension of our ground geophysics program has identified a structured resistivity-chargeability trend associated with recent high-grade drill intercepts, highlighting an anomaly that stretches for over 1 kilometer."

The company's working capital stands at approximately US$12.5 million, enabling the advancement of its three Guinean gold projects. Additionally, the company's contractors, Capital DI, have already completed four drill holes since February 14, 2025, as part of this accelerated program.

Gold Sector Developments Reflect Shifting Market Dynamics

According to a February 7 report from 321 Gold, gold mining companies faced a valuation anomaly as their stock prices lagged behind the metal's gains. Despite gold's 27.2% surge in 2024, the report noted that "gold stocks have suffered an extreme valuation anomaly," with mining companies' stock prices failing to reflect record earnings. The article emphasized that this disconnect presents "enormous opportunities for riding this overdue mean reversion," suggesting gold stocks could eventually realign with gold price trends.

On February 9, Vongreyerz.gold highlighted significant flows of physical gold from London to New York's COMEX warehouses, with over 400 metric tons transferred since November 2024. The shift was driven by "fears of future tariffs on gold imports" and increasing demand for physical delivery over futures contracts. This movement reflects a broader trend of global investors and central banks favoring physical gold amid concerns over currency risks and growing global debt.

A February 17 analysis from Ahead of the Herd discussed how geopolitical tensions have driven global central banks to accelerate gold purchases. The report explained that under the Biden administration, "central bank gold buying accelerated" as countries sought to safeguard assets amid international sanctions and concerns over asset freezes. This contributed to a record-breaking demand of 4,984.5 tonnes of gold in 2024, with the trend expected to continue as global uncertainty persists.

Sanu Gold Targets Expansion with Strategic Drilling and Infrastructure Advantages in Guinea

Sanu Gold's investor presentation outlines several key catalysts that could drive future growth. The company is pursuing a drill program of up to 10,000 meters across its Daina and Diguifara projects. These efforts target five large, untested structures and two follow-up areas, aiming to explore high-priority zones within a combined 15-kilometer mineralized strike length.

Ground geophysics results from Induced Polarization (IP) surveys suggest additional potential mineralization along the Daina 2 trend. Extensions of this survey are planned to refine target areas for future drilling.  

Strategically located near AngloGold Ashanti's 6.2-million-ounce Siguiri Mine and Nordgold's 7.9-million-ounce Lefa Mine, Sanu Gold's assets position the company within a highly prospective gold region. The company's exploration efforts could benefit from regional infrastructure investments, including extensive upgrades to Guinea's mining transportation network, such as new rail lines and port facilities.

As Sanu Gold progresses with its drilling campaigns, investors will be watching for further assay results and any indication of resource expansion at both the Daina 2 South and Main Zone targets.

Ownership and Share Structure

According to the company's latest presentation, the largest shareholders now include strategic investors Montage at 19.9%, the Lundin Group at 10%, Anglo Gold Ashanti at 10%, and Capital at 6%. 

Institutional investors include Scotia Global Asset Management, US Global Investors, Lowell Resources Funds Management, and Palos Management, which collectively make up 17% of the shareholders. 

Management, founders, and insiders own around 11%, with another 22% being held by high-net-worth individuals. The rest is held by retail investors.  

The market cap for Sanu Gold is CA$100 million with 383.5 million common shares. The 52-week range for the stock is CA$0.03 and CA$0.29.