Sanu Gold
Gold exploration focused on Guinea's Siguiri Basin.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
* | CAD10.7m | Private Placement non VC | |
| Total Funding | 000k | ||
Sanu Gold Corp. is a junior mineral exploration company engaged in the acquisition, evaluation, and exploration of natural resource properties, primarily for gold deposits in Guinea, West Africa. The company was incorporated in 2018 as Hibiki Capital Corp. and changed its name to Sanu Gold Corp. in April 2021. Headquartered in Vancouver, Canada, Sanu Gold was founded on September 25, 2018. Key figures include Co-Founder and Director Fatou Sylla Gueye, an executive with experience in mining and finance across Africa and Australia, and President & CEO Martin Pawlitschek, an international mining professional with over two decades of experience.
The company's business model centers on identifying and advancing high-potential gold projects from exploration to the point of development or disposal. Sanu Gold operates in the Siguiri Basin, a world-class gold district known for hosting several multi-million-ounce mines. Its revenue is prospective, contingent on the discovery of economically viable gold deposits and subsequent development or sale of its properties. The company raises capital through private placements and public offerings to fund its exploration activities. Strategic investors include Montage Gold Corp. and AngloGold Ashanti.
Sanu Gold's portfolio consists of three primary gold exploration permits in Guinea: Bantabaye, Daina, and Diguifara, in which it holds a 75% interest with the right to acquire up to 85%. The company has defined multi-kilometer-long, gold-bearing structures on these permits, which are situated near established mining infrastructure. Initial drilling programs have resulted in high-grade, near-surface gold discoveries at the Bantabaye and Daina projects, confirming the presence of significant mineralization. The company employs systematic exploration techniques, including reverse circulation (RC) drilling, to test targets and expand known mineralized zones.
Keywords: gold exploration, Guinea mining, West Africa gold, Siguiri Basin, mineral exploration, junior mining, gold deposits, Bantabaye project, Daina project, Diguifara project, precious metals, resource development, exploration drilling, gold discovery, mining investment, Canadian Securities Exchange, CSE:SANU, natural resource properties, geological survey, gold anomalies