Sanu Gold Corporation announced the results from further surface sampling at the Company's flagship Bantabaye gold exploration permit ("Bantabaye" or the "Permit") in Guinea, West Africa. The Permit, which lies on the western margin of Guinea's prolific Siguiri Basin, is located approximately 50 km1 south of the multi-million ounce Lefa Gold Mine and 80 km north of the multi-million ounce Bankan Gold Project. Target 7: BANT-TR-05, located at Target 7, is oriented north south, has a length of 124m and an average depth of 3m.

Trench BANT-TR-05 exposes saprolitized bedrock of strongly deformed and hydrothermally altered felsic intrusive. The rock is generally brecciated with stringers of quartz veinlets stockworks and boxwork after sulphide. The trench was sampled at 1 meter interval and 27 samples returned gold values over 1 g/t with the highest being 14.84 g/t, 12.65 g/t, 9.83 g/t, 7.77 g/t and 6.04 g/t Au.

BANT-TR-05 returned 80 m of 1.46 g/t Au, including 7 m of 4.1 g/t Au and further 4 m of 1.02 g/t Au at the northern end of the trench. Previous reported Channel sampling along access track exposures at Target 7 returned 40 m of 1.2 g/t Au, including 4 m of 5.4 g/t Au in channel BANT-TR-03 and Channel BANT-TR-01 which returned 43 m of 1.1 g/t Au, including 6 m of 4.2 g/t Au. Both channel sample intervals ended in mineralization in both directions.

The opening of BANT-TR-05 was targeted to locate the end of the mineralized system. An additional 6 rock chip grab samples were collected from saprolitized felsic intrusive rock at Target 7 in proximity to BANT-TR-05 and returned values of up to 20.23 g/t Au. These samples were comprised of highly sheared, hydrothermally altered and locally brecciated felsic intrusive with stringers of quartz veinlets and boxwork after sulphide.

Gold mineralization at Target 7 is associated with a northwest striking and shallowly southwest dipping felsic intrusive that extends for over 700 m along strike and 150 m in width. The Company has drilled a total of 1,603 m in 14 RC holes at Target 7. Highlights from this drilling included: 0.91 g/t Au over 9 m, including 1.55 g/t Au over 1 m and 2.11 g/t Au over 2 m (BANT-RC-23), and 0.87 g/t Au over 13 m, including 1.65 g/t Au over 3 m and further downhole 3.47 g/t Au over 1 m (BANT-RC-22). Target 7 is located within a 700 m long area extensively worked by small-scale artisanal miners.

Drilling to date at this target has not intersected the high-grade mineralization exploited by artisanal miners and it is interpreted that the relatively shallow drilling completed to date has been exclusively within areas where the high-grade mineralization has been mined out from surface to at least 60-70m. Results from BANT-TR-05, and rock chip samples, combined with previous channel sampling and initial drill results from Target 7 confirm the presence of an extensive gold mineralized corridor associated with altered and deformed felsic intrusive rock. Mineralization is open in all directions and ongoing work, including Induced polarization (IP) geophysics is focused on delineating targets for the next phase of drilling at Bantabaye.

The trench results will be integrated into the on-going geophysics program to finalize the drilling program which is planned to commence in late March 2024.