Sranan recently discovered new mining activity by local miners in strike from Randy’s Pit. This mining will help identify further priority goals for drilling.
At the Randy pit target on the south side of the 4.5 kilometer trend, initial drill locations were selected for a maximum of 6,000 meters drilling and drill cushions are prepared by excavator.
At a later time, drilling on the north side of the Tapanahony River river starts once the evaluation of the Tapanahony has been completed once further evaluation, and continuing to map out and sampling active mining is used to select drill locations.
Mapping and results are included and integrated in rogue software to make fast evaluation possible. This software will also serve as the basis for core logging and sampling activities. Established procedures are currently present and are undergone assessment.
Each of the target areas has been identified by a combination -Lidar survey, geophysics, geological interpretation, exploration data from earlier operators, fieldwork and especially local mining activity. The currently identified areas are called Randy’s Pit, Randy’s Extension, Randy West, Poeketi Pit, West Poeketi, South Intrusion, Enard North and Enard South (see Sranan’s press release of 16 June 2025 for more information).
Figure 1: Location of Randy and Poeketi trends at the Tapanahony project.
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Figure 2: unloading camp and drill supplies at the Tapanahony project.
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UPDATE Stock option
Further to its press release of 27 June 2025, the company wants to confirm that it has granted a total of 4,300,000 stock options to certain directors, officers and/or consultants at a exercise price C $ 0.53 per share, expiring on 24 June 2030.
Qualified person
Dr. Dennis J. Lapoint, Ph.D., P.Geo. A “qualified person” as defined under National Instrument 43-101, has assessed and approved the scientific and technical information in this release. Dr. Lapoint is not independent of Sranan Gold because he is the EVP exploration and business development of the company.
About Sranan Gold
Sranan Gold Corp. is concerned with exploring mineral exploration and the acquisition of mineral ownership assets in Suriname. The very potential Tapanahony project is located in the heart of the modern gold rush of Suriname. Tapanahony covers 29,000 hectares in one of the oldest and largest small -scale minor areas in Suriname. There is a significant production of saprolite by local miners along a trend of 4.5 kilometers, where different areas of mining are open.
Sranan Gold is also investigating its AIDA ownership consisting of five mineral claims that cover an area of 2,335.42 hectares on the Highland Shuswap within the Kammloops Mining Division.
The Canadian Securities Exchange has not approved or rejected the content of this press release.
Foresighting statements
Certain statements in this release form “future -oriented statements” or “future -oriented information” within the meaning of applicable securities laws, including, without restriction, the timing, nature, scope and details about the exploration plans and results of the company in its projects. Such explanations and information include known and unknown risks, uncertainties and other factors that can ensure that the actual results, performance or performance of the company, its projects or industrial results differ substantially from future results, performance or performance that is expressed or implied by such future -oriented 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 current expectations of the company with regard to future events, performance and results and only speak from the date of this release. Further details about the risks that apply to the company are included in the company’s public archives available on Sedar+ (www.sedarplus.ca), under the profile of the company.
Force-looking statements and information included herein are based on certain factors and assumptions with regard to, among other things, the estimate of mineral resources and reserves, the realization of estimates of resources and reserve, metal prices, tax, estimate, timing and amount of future exploration and development, capital and operational, availability, availability, availability, availability, availability, availability, availability, availability, the receipt of the receipt, the receipt, the receipt, the receipt, the receipt, Environmental risks, environmental risks. Although the company regards its assumptions as reasonable from the date of this, future -oriented statements and information are not guarantees for future performance and readers are not allowed to attach unnecessary importance to statements such as actual events and results can vary substantially from those described herein. The company does not undertake to update future -oriented explanations or information, except as required by the applicable securities laws.
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