Montage Gold Enters Into Strategic Partnership with Sanu Gold for Highly Attractive Exploration Properties in Guinea
Montage Gold Enters Into Strategic Partnership with Sanu Gold for Highly Attractive Exploration Properties in Guinea
12/02/24, 11:51 AM
Location
vancouverMoney
$5.5 million
Industry
mining
Type
partnership
Montage Gold Corp. has announced a strategic partnership with Sanu Gold Corporation to acquire a 19.9% interest in Sanu, obtaining highly attractive exploration properties in Guinea. The partnership involves the issuance of 2.3 million basic shares of Montage equating to C$5.5 million.
Company Info
Location
1030 west georgia street, suite 918
vancouver, washington, united states
Additional Info
Sanu Gold Corp is a public company (CSE:SANU) and (OTCQB:SNGCF) operating within the Siguiri Basin, a world class gold district that is host to several operating mines and major new discoveries. Sanu Gold is exploring three high-quality gold exploration permits in Guinea, West Africa. The Company has defined multi-kilometer long gold-bearing structures on each of the gold exploration permits, with multiple high-value drill targets and is targeting multi-million-ounce gold discoveries. Sanu is operated by a highly experienced team, with successful records of discovery, resource development and mine permitting.