Welcome to our dedicated page for Sanu Gold news (Ticker: SNGCF), a resource for investors and traders seeking the latest updates and insights on Sanu Gold stock.
Sanu Gold Corp. (CSE: SANU) (OTCQB: SNGCF) is an exploration-stage gold company active in the Siguiri Basin of Guinea, West Africa. Its news flow, as reflected in recent company announcements, is driven by drilling updates, technical results and corporate developments connected to its Daina, Diguifara and Bantabaye exploration permits.
Investors following Sanu Gold’s news can expect detailed releases on drill programs and assay results, particularly from the Daina property, which the company describes as its most advanced project. Updates frequently highlight step‑out and infill drilling at targets such as Daina 2, Daina 1 South and Salat East, including information on mineralized intervals, structural interpretations and the extent to which mineralization remains open along strike and at depth.
News from the Diguifara and Bantabaye properties focuses on inaugural and follow‑up drilling, geophysical surveys and geochemical sampling that together define broad structural trends and gold anomalies. Releases often include summaries of air core, reverse circulation and diamond drilling, along with commentary from the company’s technical team on the potential scale and continuity of the gold systems being tested.
Sanu Gold’s corporate news also covers strategic financings and partnerships, such as investments by AngloGold Ashanti, Montage Gold Corp. and members of the Lundin family, as well as board and management appointments intended to add technical and financial expertise. For readers tracking SNGCF, this news page provides an organized view of exploration progress, property‑level results and corporate actions over time.
Lake Victoria Gold (OTCQB: LVGLF) reported drill results and corporate developments as activity accelerates across African gold projects amid record bullion prices on Dec 15, 2025. Recent assays from a 4,000m program at Area C, Imwelo Project, include 20.77 g/t over 0.31m, 9.31 g/t over 2.45m, and 11.19 g/t over 0.90m, with mineralization now demonstrated to over 250m vertical depth versus prior limits of 200m.
Operational updates: 16 of 24 planned holes completed; Tembo Project targets a 3,000m program; processing commissioning nears at Nyati Resources facility. Financing highlights include a possible US$45 million milestone stream from a 2021 asset sale to Barrick, a gold prepay facility, and a C$11.52 million strategic investment from Taifa Group. The company cautions no feasibility study has established mineral reserves, noting increased technical and economic uncertainty.
Sanu Gold (OTCQB: SNGCF) reported FY-2025 exploration results after completing 17,802 m of drilling across three permits in the Siguiri Basin, with 12,896 m on the Daina property. Drilling defined a multi-kilometre mineralized corridor (over 4 km at Daina 2) with both near-surface oxide zones and deeper structurally controlled gold, including notable intercepts such as 16m @ 1.81 g/t Au (incl. 2m @ 12.24 g/t) and 21m @ 1.02 g/t Au.
The company holds approx. CAD 22 million in cash and plans follow-up IP, infill AC/RC and a Q1-2026 drill program focused on Daina, Salat East and other targets.
Sanu Gold Corp. (OTCQB: SNGCF) has announced key leadership appointments to strengthen its management team. Constant Tia, currently CFO of Montage Gold Corp., joins as Non-executive Director, bringing over 18 years of mining finance experience. The company also appointed Maxime Hébert as Chief Geologist, with 15+ years of African exploration expertise, and John McClintock as VP of Business Development.
As part of the appointments, Sanu Gold granted 2,550,000 stock options at $0.325 per share with a five-year exercise period and 400,000 restricted share units with three-year vesting provisions. The company aims to expand its presence in Guinea's Siguiri Basin while evaluating early-stage exploration opportunities.
Sanu Gold Corp. (OTCQB: SNGCF) has announced the granting of stock options to company insiders. The company has issued a total of 11,650,000 incentive stock options to officers, directors, and other eligible individuals. These options come with a five-year exercise period and can be exercised at $0.25 per share, subject to vesting provisions.
Sanu Gold (CSE: SANU) (OTCQB: SNGCF) has announced its upcoming Annual and Special Meeting of Shareholders scheduled for May 21, 2025, at 9:00 a.m. Pacific time. The company has made available its Notice of Meeting, Information Circular, and related materials on SEDAR+ and the corporate website. The record date for the meeting was set for April 3, 2025.
Management has nominated current board members Martin Pawlitschek, Fatou Gueye, and Martino De Ciccio for re-election, along with new nominee Peter Hemstead. If elected, Hemstead will serve as Chair of the Audit Committee, bringing his financial expertise and governance experience to the board.
Sanu Gold (SNGCF) has launched a follow-up drilling campaign at its Daina gold exploration permit in Guinea's Siguiri Basin. The program includes approximately 5,000 meters of RC and Air Core drilling across 50-60 holes, focusing on the Daina 2 South discovery and Daina 2 Main Zone.
Key highlights include recent high-grade intercepts at Daina 2 South, with the discovery hole DAI-AC-021 intersecting 51m at 3.11 g/t Au. The Daina 2 Main Zone showed significant results with intercepts of 15m at 5.48 g/t Au, 21m at 4.75 g/t Au, and other promising findings.
The company has completed a ground geophysical survey of 143 line-km and trenching program revealing additional mineralization. With approximately $12.5 million in working capital, Sanu Gold is well-funded to advance its three Guinean gold projects.
Sanu Gold (SNGCF) has announced significant discoveries from its drilling programs at the Daina and Diguifara permits in Guinea's Siguiri Basin. At the Daina 2 South target, a new high-grade zone was discovered with impressive results of 51m at 3.11 g/t Au, including 5m at 20.0 g/t Au. The mineralization remains open along strike and at depth.
At the Diguifara permit, the first-ever drill program confirmed wide mineralization across three targets, with intercepts of up to 40m including 34m of 0.55 g/t Au. The program covered 6,074 meters across 78 Air Core and Reverse Circulation holes at 8 targets.
The company has $13 million in cash following strategic investments from AngloGold Ashanti, Montage Gold, and the Lundin family. Follow-up drilling is planned for Q1-2025.
Sanu Gold has completed strategic investments totaling CAD $10.05 million through two key transactions. Montage Gold acquired a 19.9% stake through a share exchange valued at CAD $5.5 million, while the Lundin Family secured a 10% ownership through a private placement of CAD $4.56 million. AngloGold Ashanti maintained its 10% stake. Montage Gold's CEO, Martino De Ciccio, has been appointed as Chair of Sanu Gold's Board.
The proceeds will fund exploration activities at the company's Daina, Diguifara, and Bantabaye gold permits in Guinea. The deal includes investor rights agreements granting participation rights in future equity issuances and various strategic collaboration benefits.
Sanu Gold announces strategic partnership with Montage Gold and investment by the Lundin Family. Montage Gold will acquire up to 19.9% ownership in Sanu through a share exchange valued at approximately C$5.5 million. The Lundin Family will obtain up to 10% stake, joining AngloGold Ashanti (14%) and Capital DI (10%). The total investment value is up to CAD $10,055,412. Montage Gold's CEO Martino De Ciccio will be appointed Chair of Sanu. The proceeds will advance exploration on Sanu's gold permits in Guinea, West Africa.
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