financetom
Business
financetom
/
Business
/
Sanu Gold HIghlights Additional High-Grade Gold Results from the Daina Exploration Permit in Guinea, West Africa; Up Over 45%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sanu Gold HIghlights Additional High-Grade Gold Results from the Daina Exploration Permit in Guinea, West Africa; Up Over 45%
Mar 15, 2024 10:15 AM

12:50 PM EDT, 03/15/2024 (MT Newswires) -- Sanu Gold Corp. ( SNGCF ) on Friday soared 45.5% on last look after reporting additional results of trench and rock chips sampling from the Daina 1 South and Daina 6 Targets of the Daina Gold Exploration Permit, located in the prolific Siguiri Basin of Guinea, West Africa.

The company reported strong mineralization in trenches at Surface: 9 meters of 7.97 grams per ton of gold, including 3 meters of 21.75 grams per ton of gold in trench DAI-TR-007 at Daina 1 South.

The company also reported high-grade Samples in multiple locations: The company collected rock chip samples at across the Daina 1 South and Daina 6 target areas returned grades as high as 61.6 grams per ton of gold, 22.3 grams per ton of gold and 20 grams per ton of gold.

Sanu Gold ( SNGCF ) also highlighted the newly identified high-grade mineralization at Daina 1 South is undrilled and represents a new high-priority target on the Daina Permit.

Further, the company said 12 trenches totaling 104 meters were completed at Daina 1 south and four trenches totaling 36 meters were completed at Daina 6.

Price: 0.08, Change: +0.02, Percent Change: +45.45

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Park Hotels & Resorts Q1 Adjusted FFO, Revenue Decline; Lowers 2025 Outlook
Park Hotels & Resorts Q1 Adjusted FFO, Revenue Decline; Lowers 2025 Outlook
May 26, 2025
07:32 AM EDT, 05/05/2025 (MT Newswires) -- Park Hotels & Resorts ( PK ) reported Q1 adjusted funds from operations Monday of $0.46 per diluted share, down from $0.52 a year earlier. Analysts polled by FactSet expected Q1 AFFO of $0.22 and Q1 core FFO of $0.42. Revenue for the quarter ended March 31 was $630 million, down from $639...
Novavax Updates Financial Terms With Takeda for Covid-19 Vaccine Agreement in Japan
Novavax Updates Financial Terms With Takeda for Covid-19 Vaccine Agreement in Japan
May 26, 2025
08:50 AM EDT, 05/05/2025 (MT Newswires) -- Novavax ( NVAX ) said Monday it updated financial terms of an agreement with Takeda (TAK) for the development and commercialization of its Covid-19 vaccine, Nuvaxovid, in Japan. The company said the improved financial terms of the amended deal include an upfront payment, compensation tied to the 2024/2025 season, annual milestone payments linked...
Xanadu Mines Updates on Zijin Put Option And Exclusivity Arrangements
Xanadu Mines Updates on Zijin Put Option And Exclusivity Arrangements
May 26, 2025
08:50 AM EDT, 05/05/2025 (MT Newswires) -- Xanadu Mines ( XANAF ) on Monday said that a control transaction could not be finalized within the agreed exclusivity period, after substantive discussions with its major shareholder and joint venture partner, Zijin Mining Group ( ZIJMF ) . The extension of the Zijin put option and exclusivity arrangements were announced on April...
Copyright 2023-2026 - www.financetom.com All Rights Reserved