Mr. Oscar Louzada reports
SRANAN GOLD MOBILIZES SECOND DRILL RIG ONTO ITS TAPANAHONY PROJECT TARGETING 5,000-METRES ALONG THE POEKETI ZONE.
Sranan Gold Corp. has commenced a 5,000-metre diamond drill program focused on the high-grade Poeketi zone located 4.5 kilometres northwest of the Randy's Pit zone where a 7,500-metre phase II drill program has been in progress since January, 2026.
The Poeketi and Randy's Pit zones, both hosting numerous artisanal pits and shallow underground mines extracting high-grade coarse gold, lie along the Poeketi shear zone (PSZ). Over the past months, artisanal miners have continued surface and underground mining along several pits in the Poeketi zone. Drilling has commenced in the southeastern corner in an area referred to as the new pit. These new workings establish a mineralized corridor for the Poeketi zone of approximately one kilometre, which will be tested by the 5,000-metre drill program.
Rock chip sampling from the Poeketi zone surface pits, undertaken by Sranan during 2025, returned gold grades up to 108.3 grams per tonne (g/t), 84.5 g/t, 26.7 g/t and 25.8 g/t (see Sranan news releases dated May 15, 2025, and Oct. 7, 2025). Gold mineralization along the PSZ is hosted within silicified zones and quartz veins forming within sheared basalts that are locally cut by pegmatitic dikes. Artisanal miners extract coarse gold mineralization from the saprolite overlying the PSZ and from quartz veins followed underground from surface.
Commenting on the expanded drill program, Oscar Louzada, chief executive officer, stated: "The mobilization of the second drill rig enables us to accelerate our exploration activities along the prolific PSZ and quickly follow up on the expansion of artisanal mining activities in the Poeketi zone area. With this 5,000-metre Poeketi zone drill program and the continuing Randy's Pit zone drilling, we are targeting a minimum of 12,500 metres of drilling during 2026 supporting our overall goal of establishing the continuity of gold mineralization along the entire 4.5-plus-kilometre PSZ."
In addition to the drilling program, Sranan is expanding its sampling and trenching program with the goal of extending the known PSZ-associated gold mineralization up to 2.5 kilometres northwest of the Poeketi zone. Additional saprolite pits and exposures along creeks are being mapped and sampled.
At the Randy's Pit zone, continued drilling has outlined gold mineralization along 800 metres of PSZ strike length and the mineralization remains open in both directions. Trenching will commence to the southeast of the Randy's Pit zone to determine the continuity of mineralization outside of the area of known mineralization.
Lawatino project
The company is in the early stages of planning an exploration program for its 18,468-hectare Lawatino gold property strategically located in the Asisi Creek area along the same deep-seated regional structure, the Central Guiana shear zone, that controls the gold mineralization on Founders Metals' Antino gold project and Miata Metals' Sela Creek project, two of the most active gold exploration projects in Suriname.
Qualified person
Michael Dufresne, MSc, PGeol, PGeo, a qualified person as defined under National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this release. Mr. Dufresne is independent of the company, as that term is defined under NI 43-101.
About Sranan Gold Corp.
Sranan is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The company's flagship Tapanahony project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts and Sranan recently announced the acquisition of the 18,468-hectare Lawatino project situated in southeastern Suriname along the Central Guiana shear zone.
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