Sranan Gold strikes high grade gold again: Up to 11 meters with 7.33 g/t gold drilled!

Target area Randy’s Pit in the Poeketi shear system of Sranan Gold

Sranan Gold (CSE: SRAN; FSE/Tradegate: P84) is starting the year with strong results from diamond drilling on the Tapanahony project in Suriname. The Canadian gold explorer just reported up to 11.0 m with 7.33 g/t gold!

The focus of last year’s work was the Randy’s Pit target area along the Poeketi shear system, which extends over approximately 4.5 kilometers. After 4,189 meters of drilling in the second half of 2025, drilling is scheduled to restart in January. Several sections with shallow gold mineralization indicate potentially open-pittable mineralization – and not all analysis results are yet available.

Sranan Gold: new hits in the Randy’s Pit target area

Highlights reported today include last year’s hole 25RADD-011 with 11.0 m at 7.33 g/t gold from 69.0 m depth, including 4.0 m at 14.59 g/t gold. In the upper section of the same hole, 24.4 m at 0.57 g/t gold were also encountered from 28.6 m. Hole 25RADD-012 yielded 10.0 m at 1.08 g/t gold from 29.0 m (including 0.6 m at 11.64 g/t Au) and 3.0 m at 1.15 g/t gold from 87.5 m. At greater depths, 25RADD-013 stands out: 2.5 m at 5.27 g/t gold from 299.0 m and 1.0 m at 44.60 g/t gold from 389.5 m. Further drilling with lower to moderate grades confirms the continuity of gold mineralization along the shear zone.

Location map of the drillings in the target area Randy's Pit with mineralized sections and the Poeketi shear corridor of Sranan Gold
Location map of the drillings in the target area Randy’s Pit with mineralized sections and the Poeketi shear corridor; Source: Sranan Gold

According to company information, the mineralization system marks a 50 to 150 m wide corridor. Current drillings, trenches and historical work can be correlated over at least 900 meters of strike length. Outstanding analysis results from four diamond core drillings are expected shortly and will further sharpen the geological model.

Geology: Shear zone gold in the Guiana Shield

The gold mineralization on Tapanahony is linked to the Poeketi shear system and corresponds to an orogenic style, as is common in the so-called Guiana Shield. In the fresh rock (basaltic host rocks), the core pieces show strong silica-sericite-ankerite alteration. Gold occurs with gray-white quartz-carbonate veins that are transposed in the shear structure. Pyrite and pyrrhotite appear along shear surfaces, at vein edges and in late cracks. In the saprolite zone, oxidized sulfide boxworks and granular quartz veins dominate. Structurally, the shear zones strike NNW and dip westward – a pattern that supports the interpretation of a persistent down-dip potential and possible focus zones (“shoots”).

The most recent sections are predominantly at shallow to medium depths. This increases the relevance for open-pit-oriented scenarios, provided geometry and continuity are confirmed in subsequent steps. Deeper hits like in 25RADD-013 simultaneously open the perspective for underground developments in subsequent project phases.

Project overview: Tapanahony and the goals of Sranan Gold

The Tapanahony project of Sranan Gold comprises approximately 29,000 hectares in one of the most productive gold belts of Suriname. The ongoing campaign focuses on the Randy’s Pit and Poeketi targets, which are controlled by the same regional shear structure. Since mid-2025, 4,189 m have been drilled; the return of the drilling equipment is planned for January 2026. The focus is on the extension along the strike, tests into the depth as well as determination drillings for the compression of the data in already defined structures.

The corporate strategy envisages demonstrating additional high-grade shoots as in earlier sections. In parallel, geological, structural and metallurgical information is to be supplemented in order to advance the modeling of the deposit. The goal is to reliably prove the continuity of the system and to create the basis for further economic evaluations.

Outlook: Drilling will be resumed in January

Sranan Gold announces that it will continue drilling at Randy’s Pit this month. Additional locations are planned to extend the mineralization along the trend and down-dip. The priority is on the identification and delimitation of high-grade zones that are indicated in the data so far. With the still outstanding assays from four boreholes and the restart of the campaign at the beginning of 2026, the focus remains on the systematic expansion of the known corridor and the confirmation of potentially open-pittable areas.

Conclusion: The new results from Sranan Gold underpin the importance of the Poeketi shear system on the Tapanahony project. Shallow-lying sections with elevated grades – like 11 m at 7.33 g/t gold including 4 m at 14.59 g/t gold – combine with deeper hits and point to a multi-layered gold-bearing system. The next drillings are to show to what extent strike length, width and continuity of the corridor can be further proven and what consequences result from this for possible mining scenarios.

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