New drill core assays from the Tapanahony Gold Project in Suriname extend gold mineralisation at the Randy’s Pit target further along the more than 4.5-kilometre-long Poeketi Shear Zone – once again zones with visible gold are present.
Sranan Gold Corp. (CSE: SRAN; FSE/Tradegate: P84) has released additional assay results from its ongoing 2026 diamond drilling programme. The current focus is the “Randy’s Pit” target, located on the approximately 29,000-hectare Tapanahony Gold Project. The new assays extend the known gold mineralisation both along strike and at depth—and, according to the Company, support structural continuity along the Poeketi Shear Zone (PSZ), a shear zone more than 4.5 kilometres long that cuts through the Randy’s Pit area.
At its core, this concerns several step-out holes that further open up the mineralised corridor. Sranan Gold reports that Randy’s Pit has been extended by around 25 metres to the northwest and approximately 50 metres to the southeast. The update is accompanied by several near-surface intercepts that play an important role in ongoing target definition, as they help better constrain the geometry of the mineralisation and potential “ore shoots”—that is, higher-grade zones within the system.
Sranan Gold advances Randy’s Pit along the Poeketi Shear Zone
The current drilling phase is focused on Randy’s Pit, a section of the Poeketi Shear Zone, which is described as a mylonitic shear zone cutting folded and highly strained basalts. On site, Sranan Gold interprets the system as a moderately dipping, right-lateral (dextral) reverse shear. The higher-grade portion of the mineralisation is therefore expected to “plunge” to the northwest along the shear surfaces.
This framework is important for exploration because it provides indications of where mineralised lenses may continue in space. Sranan Gold also points to progressive deformation with pre- and post-kinematic extensional vein systems. Visible gold is frequently observed along shear surfaces in the drill core—an attribute highlighted again in this release.
The results reported now come from drill holes 26RADD-020 to 26RADD-023. The aim of the drilling was to close gaps between the northern and southern sub-areas, extend known intercepts along strike, and test the vertical continuity of an already established mineralised corridor.
New results in detail: broad intercepts and high-grade metres
Drill hole 26RADD-021 is particularly noteworthy: here Sranan Gold reports 4.0 metres averaging 6.58 g/t gold from 115 metres downhole. Within this interval is one metre grading 21.80 g/t gold, complemented by another metre at 3.97 g/t gold. Such short but very high-grade intercepts are often used in day-to-day exploration to better understand internal ore shoots within a broader system.
Drill hole 26RADD-022, by contrast, primarily delivers a near-surface signal: 20.6 metres at 0.64 g/t gold from 0.0 metres—i.e., directly from surface. In addition, the Company cites 10.1 metres at 0.96 g/t gold (from 6.5 to 16.6 metres) in this hole, as well as a deeper interval of 5.0 metres at 2.24 g/t gold (114 to 119 metres), which in turn includes 3.0 metres at 3.42 g/t. Taken together, this points to multiple mineralised horizons within a single drill profile.
Drill hole 26RADD-023 was designed to verify the up-dip direction of a mineralisation previously intersected at depth. Here, Sranan Gold first reports 8.0 metres at 1.73 g/t gold (99 to 107 metres), including a single metre at 12.53 g/t from 106 metres. In addition, 30.0 metres at 0.67 g/t gold from 125 to 155 metres were reported; within this is a sub-interval of 3.0 metres at 3.78 g/t (150 to 153 metres). The Company also cites 6.0 metres at 0.67 g/t (185 to 191 metres).
Drill hole 26RADD-020 was intended to test a structural and mineralised “gap” between the northern and southern sub-areas of the target. It returned 10.5 metres at 0.41 g/t gold (51 to 61.5 metres) as well as 2.7 metres at 0.96 g/t (72 to 74.7 metres). According to Sranan Gold, these zones correlate well with mineralisation from the more southerly drill holes, which is interpreted as an indication of a continuous structure.
Next steps: more drilling, greater depth—and more strike length
Sranan Gold emphasises that drilling is progressing efficiently and that the results support the planned expansion of Randy’s Pit. In parallel with the drilling campaign, the target area is also being extended to the north through additional work such as trenching and further drill set-ups. In the next phase, exploration is intended not only to extend further south, but also to target greater depth in order to test the continuation of the mineralised zones along the Poeketi Shear Zone.
From the Company’s perspective, the PSZ provides a consistent geological setting: a well-mineralised shear system in which multiple ore shoots can occur, in some cases with favourable thicknesses at comparatively shallow depths. For the Tapanahony Gold Project, this means one thing above all: with each additional step-out, the geometry and continuity of the system become clearer—providing the basis for prioritising the next drill sections.
