Some idle reading while we wait for MRE & drill results. Commentary by Sanu Gold. Key point - no, sovereign risk has not scared off major or junior exploration companies operating in gold rich Guinea. Source https://www.marketscreener.com/quote/stock/SANU-GOLD-CORP-140886965/news/Sanu-Gold-Provides-Corporate-Update-42700991/?utm_medium=RSS&utm_content=20230110
"West Africa is the largest gold producing district in the world, and within the district, Guinea's Siguiri Basin is a major gold producing camp. While the Siguiri Basin is host to several established world class gold mines, including AngloGold Ashanti Limited's Siguiri Mine, which has been in operation for over 20 years, the Siguiri Basin has remained relatively underexplored. The discovery of the multi-million ounce Bankan Gold Project by Predictive Discovery Limited in 2020 has led to a significant increase in investment and exploration activity in Guinea by both major and junior mining companies. Sanu Gold's Daina, Bantabaye and Diguifara gold exploration permits cover a 280 square kilometre ("km2") area of highly prospective ground within the Siguiri Basin. AngloGold Ashanti Limited and Endeavour Mining plc are currently exploring adjacent to the Daina and Diguifara permits. Managem Group have recently made a US$268 million purchase of West African exploration stage assets, including the Karita Gold Project in Guinea, from IAMGOLD Corporation."
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