Sranan Gold Corp. (CSE: SRAN) (FSE: P84) (Tradegate: P84) (‘Sranan’ or the ‘Company’) announces significant diamond drill results from the Randy’s Pit target at its Tapanahony Gold Project in Suriname. These results are from the first four drill holes of an ongoing 10,000-metre drill program and confirm that a significant gold system continues in and below the saprolite mineralization (see Figure1).
Initial diamond drilling at Randy’s Pit intersected significant gold in all of the first four holes. The best result was intersected in hole 25RADD-004 and assayed 64.0 metres (m) averaging 3.0 grams per tonne (g/t) gold (Au). This interval included 5 m averaging 33.5 g/t (or 1.2 ounces per ton) Au and 1 m grading 145.4 g/t (or 5.1 ounces per ton) Au. Fine visible gold is dispersed throughout the quartz vein in the interval from 167 to 168 m (see Figure 3).
To date, gold mineralization has been encountered through grab and trench sampling from Randy’s Pit up to 76.6 g/t (see Sranan release dated July 31, 2025) and trenching up to 36.6 g/t over 5 m (see release dated August 7, 2025). Sampling at Poeketi, which is located 3 km to the northwest along the trend of the major shear system from Randy’s Pit, assayed grab samples up to 108 g/t and 84 g/t Au (see release dated May 15, 2025).
Drilling has confirmed multiple high grade and bulk tonnage gold intercepts across a shear system that is at least 150 m wide and is being tested with trenching and drilling. Gold mineralization is present in both the saprolite and in the bedrock beneath and has been intersected in drillholes to at least 120 m in vertical depth (see Figure 2).
All bedrock intercepts exhibit strongly silica-sericite-ankerite alteration in basaltic host rocks that have been sheared into proto-mylonitic to mylonitic rock with grey to white quartz carbonate veins, transposed within the same sheared fabric. Pyrite and pyrrhotite are observed along shear planes, vein selvages as well as within late-stage fractures, which are typical for orogenic gold systems in the Guiana Shield. Intercepts within the saprolite have shown oxidized sulfide box works and sugary veins. All the shear zones are north-northwest striking dipping to the west.
Dr. Dennis LaPoint, EVP of Exploration and Corporate Development, commented: ‘These impressive intercepts are the result of careful geologic and logging observations by Sranan Gold and are the first holes in the evaluation of this significant gold system. The results of hole 25RADD-004 are truly impressive. We will continue to delineate the deformation history and geometry of this major structurally-controlled gold system as we extend drilling along strike and at depth. Drilling has not yet tested below the Randy’s Pit nor the extensions seen in trenching.’
Oscar Louzada, CEO of Sranan Gold, commented: ‘We now have very clear evidence of a well mineralized system in the Randy’s Pit area. We will continue to drill the Randy’s Pit target as well as explore along strike towards the Poeketi target in the near future so we can continuously attempt to determine the gold endowment potential of the 4.5-km-long Randy-Poeketi trend.’
Table 1: Mineralized zones in the first four diamond drilling holes by Sranan Gold.
* Intercepts above 0.3 g/t Au with internal dilution up to 5 m. All other intercepts reported are above 0.3 g/t Au with internal dilution up to 3 m. All intervals reflect apparent thickness based on the sample intervals from drill core. All anomalous results are based on the intervals sampled in drill holes. These intervals represent apparent widths or thicknesses that may be wider or thicker than true widths or thicknesses of intervals. As more drilling is completed, Sranan expects to gain better understanding of the relation between mineralized intervals, and the interpretation will be used in future calculations.
Figure 1: Location of drill intercepts in this news release with respect to Poeketi and Randy’s pits.
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Figure 2: Section 455425N showing the first four holes drilled by Sranan Gold in 2025.
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Figure 3: Visible gold, 1-2 mm fine free gold within shear planes, from 167 m to 168 m in hole 25RADD-004, grading 145.4 g/t Au.
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Samples were prepared and assayed by Filab in Paramaribo, Suriname. All samples >2 g/t were re-assayed with 50 gm re-assay and gravimetric assay. Standard QA/QC procedures were followed which showed a satisfactory level of reproducibility. The Company notes that the drill intercepts may not represent true underlying mineralization. Core logging, photography and sampling are completed under strict industry standard QA/QC protocols (OREAS-certified reference materials, assayed course blanks, and duplicates of core). An independent lab will be used for confirmation of results.
Marketing Service AgreementThe Company has entered into an agreement on November 1, 2025 with Robert M. Sinn to provide promotional videos, editorial coverage and news release dissemination services for a six-month period. Mr. Sinn received a total fee of US$12,000.00 (inclusive of taxes) in cash consideration for the services provided. Mr. Sinn is a trader and portfolio manager based in Florida. To the Company’s knowledge, Mr. Sinn has no present interest, directly or indirectly, in the Company or its securities, or any right or present intent to acquire such an interest. There are no performance factors contained in the agreement between Mr. Sinn and the Company and Mr. Sinn will not receive any shares or options from the Company as compensation for services he will render.
Qualified PersonDr. Dennis J. LaPoint, Ph.D., P.Geo., a ‘qualified person’ as defined under National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this release. Dr. LaPoint is not independent of Sranan Gold, as he is the Company’s EVP of Exploration and Corporate Development.
About Sranan GoldSranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The Company’s flagship Tapanahony Project covers 29,000 hectares in one of Suriname’s most prolific artisanal gold mining districts. Sranan also owns the Aida Property in the Kamloops Mining Division, British Columbia, Canada.
For more information, please visit sranangold.com.
Information contactOscar Louzada, CEO+31 6 25438975
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.
Forward-looking statements
Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company’s public filings available on SEDAR+ (www.sedarplus.ca), under the Company’s profile.
Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.
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