Sanu Gold Corp.
Financials:
Primary ticker: CSE:SANU, OTCQB:SNGCF
Stage of development: Exploration
Primary mineral: Gold
Projects to promote: Daina, Diguifara, Bantabaye
Project location: Guinea, West Africa
Website: www.sanugoldcorp.com
Corporate presentation: Click here
Corporate factsheet: Click here
Sanu Gold is exploring three high quality gold exploration projects in the Siguiri Basin of Guinea, West Africa. The Siguiri Basin is host to several operating mines and multi-million ounce gold deposits; Sanu Gold is targeting multi-million ounce gold discoveries in this emerging Tier 1 gold district.
The company has defined multi-kilometre scale gold bearing structures on each of its three projects, with multiple highly prospective drill targets. Reverse Circulation drilling on the first of three projects leads to new discovery – the Daina 2 Main Zone.
Sanu Gold is operated by a highly experienced team with successful records of discovery, resource development and mine permitting.
Cash: CAD1.15M
Debt: NIL
Major shareholders:
Insiders, Founders and Close Associates – 40%
Institutional – 25%
High-Net Worth Individuals – 25%
Retail – 10%
Institutional Investors – 22%
Management Profile
Martin is a international mining professional with over 20 years experience, who has held key management positions with a number of junior explorers, private equity investment funds, majors (BHP) and development companies (MDL, Teranga). He has been the co-founder of several resource exploration companies across West Africa, South America, Europe and Australia. Martin has extensive experience with mining private equity investments including due diligence, exploration and resource upside evaluation, development projects and operations.
What is your rationale for taking part in 121 Mining Investment?
Raise the profile of Sanu Gold, a recently listed junior exploration company
What recent news would you like to highlight to investors attending?
March 2, 2023 – Sanu Gold Commences 2023 Drill Program
February 21, 2023 – Sanu Gold Announces Closing of $3 Million Private Placement
February 10, 2023 – Sanu Gold Announces Increase in Private Placement Financing to $3,000,000
January 24, 2023 – Sanu Gold Announces $2,500,000 Private Placement
January 18, 2023 – Sanu Gold Update on the Phase I Drill Program at the Bantabaye Permit in Guinea, West Africa
January 10, 2023 – Sanu Gold Provides Corporate Update
December 12, 2022 – Sanu Gold Engages LFG Equities for Digital Media Services
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Complete an initial drill program on the second of our three gold exploration projects in Guinea, West Africa
10,000 m drilling at Bantabaye to begin initial testing on high-priority targets
6 Months:
Complete an initial drill program on the third of our three gold exploration projects in Guinea, West Africa and conduct follow-up drilling at our Daina 2 Main Zone discovery
10,000 m follow-up drilling at the Daina 2 Main Zone discovery, along with other high-priority targets
12 Months:
Conduct follow up drilling and advance towards resource definition at our three high-quality gold exploration projects in Guinea, West Africa
5,000 m drilling at Diguifara to begin initial testing on high-priority targets
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
One of the company’s key challenges is raising to profile of a new issuer in a crowded space in the market. Sanu Gold is raising investor awareness through various initiatives, including the 121 Group conferences.
What do you think makes your company such a compelling investment?
Strong corporate and technical team with a highly prospective exploration package, systematically exploring and delineating major gold anomalies in a region with multiple multi-million ounce gold deposits and compelling new discoveries.
What are the top 3 key investor takeaways?
1) Experienced team,
2) Systematically exploring a highly prospective land package in Guinea, West Africa,
3) targeting multi-million ounce gold discoveries