Sanu Gold

What Sanu Gold does

Sanu Gold Corporation is a pre-revenue gold exploration company operating three gold exploration permits — Daina, Diguifara and Bantabaye — totaling approximately 28,000 hectares in Guinea's Siguiri Basin, West Africa. The company holds a 75% earned interest in each permit through its wholly-owned Guinean subsidiary Zirasanu SARLU (with rights to acquire up to 85% upon completion of a definitive feasibility study), via joint venture arrangements with local Guinean partner companies (MSE, NED, and RM). Its exploration methodology combines termite mound geochemical sampling, power auger drilling through laterite cover, ground IP and magnetometer geophysical surveys, and reverse circulation and diamond drilling to define multi-kilometer gold mineralized structures. The company's stated goal is the discovery of multi-million ounce near-surface gold deposits comparable in scale to neighboring assets including AngloGold Ashanti's Siguiri mine (6.2M oz Au) and Nordgold's Lefa mine (7.9M oz Au).

The business model is pre-revenue: Sanu Gold funds exploration activities through equity raises and strategic investments rather than product sales. Future revenue is expected to come from eventual gold production, sale of partial interests in properties, or joint venture and farm-out agreements with major mining companies upon resource definition. Its customer base consists of institutional and retail investors in the gold exploration sector and major mining companies seeking exposure to tier-1 gold districts; the company maintains listings on the Canadian Securities Exchange (CSE:SANU), OTCQB (SNGCF), and Frankfurt Stock Exchange (FRA:L73). Distribution channels include investor relations activities via Renmark Financial Communications and a broad social media presence (LinkedIn, X, Facebook, Instagram).

The company is led by an experienced West Africa-focused team with previous tenures at BHP, Iamgold, Newmont, Avocet Mining, Kinross Gold, and Roxgold, among others. Strategic investors include Montage Gold Corp. (19.9%), Lundin Family & Associates (10%), AngloGold Ashanti (~10%), and Capital Limited (5.6%), collectively providing both capital and industry validation. As of December 2025, the company held approximately CAD 22 million in cash, had completed 17,802 meters of drilling in fiscal year 2025, and was executing a further 10,000-meter drilling program at Daina and Bantabaye announced in May 2026.

Name

Sanu Gold

Legal name

Sanu Gold Corp.

Website

https://sanugoldcorp.com

Company type

Public

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Sanu Gold is a pre-revenue gold exploration company advancing three permits (Daina, Diguifara, Bantabaye) totaling 28,000 hectares in Guinea's Siguiri Basin, funded by strategic investments from Montage Gold, Lundin Family, AngloGold Ashanti, and Capital Limited.

Ownership category

akta.pro rank

Product category

Gold Exploration

NAICS

Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

Keywords

• Gold exploration
• Mineral exploration
• Resource delineation
• Mining permits
• Exploration drilling

Headquarters

HQ city

Guinéa

HQ country

Senegal

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Exploration and Development: Pre-revenue gold exploration company focused on discovering multi-million ounce gold deposits. Revenue will be generated through eventual gold production, sale of interests in properties, or joint venture/farm-out agreements with major mining companies upon resource definition.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Sanu Gold is a gold exploration company that acquires, advances, and holds interests in gold exploration permits in Guinea's Siguiri Basin. The company conducts systematic exploration programs—including termite mound sampling, power auger drilling, ground geophysics, and RC/diamond drilling—to define multi-kilometer gold mineralized structures across three permits (Daina, Diguifara, Bantabaye). Future revenue is expected from eventual gold production, sale of property interests, or joint venture/farm-out agreements with major mining companies.

Product overview

Sanu Gold is a gold exploration company operating a portfolio of three gold exploration permits (Daina, Diguifara, and Bantabaye) in Guinea's Siguiri Basin, West Africa. The company conducts systematic exploration programs including drilling, geophysical surveys, and sampling to define mineral resources. Each permit represents a distinct exploration project with identified targets: Daina features an 8km gold corridor with high-grade discoveries, Diguifara is positioned near the Siguiri Mine with drill-ready targets, and Bantabaye hosts multiple priority targets. The company has approximately CAD 22 million in cash to fund continued exploration activities.

Differentiator

Problem solved

Functional benefit

Products and services

• Daina Gold Project Gold exploration permit in Guinea's Siguiri Basin featuring a high-grade gold discovery ready for follow-up drilling, with three high-priority targets and a combined strike length exceeding 10 km. Sanu Gold holds 75% ownership with the right to acquire up to 85%.
• Diguifara Gold Project Drill-ready gold exploration permit located approximately 20 km from AngloGold Ashanti's 6.2M oz Au Siguiri Mine, with three high-priority targets and a combined 8 km strike length exhibiting structural corridors similar to neighboring high-value prospects. Sanu Gold holds 75% ownership with the right to acquire up to 85%.
• Bantabaye Gold Project Gold exploration permit with five priority targets and a 9 km strike length that has yielded high-grade gold discoveries from its first drill program. Located on the western margin of the Siguiri Basin approximately 50 km south of the Lefa Gold Mine. Sanu Gold holds 75% ownership with the right to acquire up to 85%.

Quantifiable outcome

• 92-93% average gold recovery from cyanide leach testing at Bantabaye
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Mansa Sanou Exploration SARL (MSE)coreStrategic or Co-development Partner · 30 November 2023Local Guinean partner company holding the Daina Gold Exploration Permit. Sanu Gold, through its subsidiary Zirasanu, has earned 75% interest in MSE, with right to acquire up to 85% upon completion of DFS.
• Nature Exploration and Discovery SARL (NED)coreStrategic or Co-development Partner · 30 November 2023Local Guinean partner company holding the Diguifara Gold Exploration Permit. Sanu Gold has earned 75% interest in NED through staged work programs, with right to acquire up to 85% upon completion of DFS.
• Ressources Mining SARL (RM)coreStrategic or Co-development Partner · 30 November 2023Local Guinean partner company holding the Bantabaye Gold Exploration Permit. Sanu Gold has earned 75% interest in RM, with right to acquire up to 85% upon completion of DFS.

Scale indicators9 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Predictive Discovery Limited: Predictive Discovery is developing the Bankan gold project in Guinea's Siguiri Basin, making it the closest geographic and stage peer to Sanu's Siguiri gold permits. Both companies use early-stage exploration to target large West African deposits and create value through resource definition or strategic partnerships.
• Mako Gold Ltd: Mako Gold is an ASX-listed explorer advancing the Napié gold project in Guinea. Its exploration-stage, country-focused model and gold target are closely aligned with Sanu's Daina, Diguifara and Bantabaye portfolio.

Regional players

• Sarama Resources Ltd: Sarama Resources is a West African gold explorer with projects in Mali and Burkina Faso, comparable to Sanu in asset stage, commodity and reliance on exploration drilling to establish resources. It provides a relevant regional benchmark for the same path from exploration results to a development or partnership decision.
• Cora Gold Limited: Cora Gold is a West African gold exploration and development company advancing the Sanankoro project in Mali. It is comparable in early-stage resource definition and in the transition from exploration results toward a joint venture or development decision.
• African Gold Group, Inc. African Gold Group is a gold exploration and development company advancing the Kobada project in Mali. It shares Sanu's West African gold exposure, project-permit model and need to convert drilling into a financeable resource.
• Montage Gold Corp. Montage Gold is a West African gold exploration and development company advancing the Kone project in Côte d'Ivoire and is a strategic investor in Sanu. It is a relevant capital, partnership and development-stage comparator, although its primary asset is outside Guinea.

Broad incumbents

• AngloGold Ashanti plc: AngloGold Ashanti operates the Siguiri mine in Guinea, immediately adjacent to Sanu's exploration district. It is a broad incumbent comparator for regional infrastructure, permitting, processing and potential strategic-partner dynamics.
• Nordgold: Nordgold operates the Lefa mine in Guinea, another major mine in the Siguiri district. Its operating presence makes it a useful broad incumbent comparator for local infrastructure, permitting and project economics.
• IAMGOLD Corporation: IAMGOLD is a major West African gold producer with large operating assets in the region, comparable to Sanu at the development and operating stages. It provides a benchmark for the infrastructure, permitting and capital scale required after discovery.
• Endeavour Mining plc: Endeavour Mining is a diversified West African gold producer with multiple operating and development assets. It is a broad incumbent comparator for the regional operating environment and the value of advancing a discovery toward production.

Market position

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/SanuGoldCorp
• Facebookfacebook.com/SanuGoldCorp
• LinkedInlinkedin.com/company/sanugoldcorp
• Instagraminstagram.com/sanugoldcorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries5 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sanu Gold