Sanu Gold Corporation announced that drilling is progressing well with 14 holes and 1,652m completed at Target 2 on the Company's Bantabaye Project (Bantabaye), located on the prolific western margin of the Siguiri Basin of Guinea, West Africa. The Company has been integrating its latest geophysical data into a structural geology model for Target 3 and Target 7. This model has provided a basis for planning an initial drill test comprised of 15 holes along four lines for an estimated 1,500m. Highlights: Drilling at Target 2 is progressing well: Fourteen holes for a total of 1,652m have been completed to-date in the priority area of Target 2. Each hole has intersected zones of alteration, quartz veining and sulfides over meters to tens of meters.

Initial batch of samples dispatched: A batch of 678 samples from the first seven holes has been sent to the laboratory. A second batch is expected to be sent shortly. Target 3 and 7 structure has a large footprint: The combined strike length of Targets 3 and 7 is 1,500m.

The targets are characterized by a chargeability and resistivity response at depth, below the deeply weathered saprolite zone. Initial Drill Testing Planned: The recently completed geophysics shows drilling needs to focus down dip and the to the south of the main surface gold anomaly and artisan workings. The Company has designed a program of 15 priority holes on four lines to drill test the target area, requiring approximately 1,500m of drilling.

The initial target test program at Target 3 and Target 7 consists of 15 planned holes for an estimated 1,500m. The Company has integrated the recent geophysics, 2023 drilling and surface data into the structural model. Similar work is in progress for the other targets and will be announced as soon as practical.

The Company interprets the data collected to-date as a 50 to 60 degree south dipping structural contact marked by the same sequence of lithologies as those observed at Target 2, namely an upper package of volcaniclastics, followed by a mafic unit in contact with a felsic unit and a foot wall sequence of sediments. It is the felsic unit and its sheared contact with the hanging wall mafic that form the main target package. These access and drill pad preparations are underway, and drilling will commence once the priority holes at Target 2 are completed.

The program will test the structure on its down dip portion along a 800m trend on lines spaced 100m to 300m apart. The lines are planned so that the structure is intercepted near surface and down dip to a vertical depth of up to 150m. Additionally, more systematic, lines of drilling are likely on receipt of positive results.

Next Steps: Access and drill pad preparations have commenced at Targets 3 and 7. The drill rig is currently completing the Phase 1 drill holes at Target 2, after which it will move to complete drill testing at Target 3 and Target 7.