Investigative summary — Randy’s Pit, Tapanahony Gold Project (Sranan Gold Corp.)
Sranan Gold’s February 19, assay release shows the diamond drilling campaign at Randy’s Pit has extended gold mineralization along more than 4.5 km of the Poeketi Shear Zone (PSZ) inside the company’s 29,000‑hectare Tapanahony land package. Results combine near‑surface, continuous envelopes with narrow, very high‑grade one‑metre shoots. Higher‑grade samples were re‑assayed (50 g splits and gravimetric methods) and standard QA/QC measures — certified reference materials, coarse blanks and duplicates — were reported. The company did not publish a formal resource estimate or economic model with these results.
Highlights and notable intercepts – 26RADD‑022: 20.6 m @ 0.64 g/t Au from surface (downhole length). Potentially accessible near‑surface envelope if true widths and continuity are confirmed. – 26RADD‑021: 4.0 m @ 6.58 g/t Au, including 1.0 m @ 21.8 g/t Au (high‑grade core). – 26RADD‑023: 30.0 m @ 0.67 g/t Au (from 99 m downhole) with a discrete 1.0 m @ 12.53 g/t Au. – 26RADD‑020: targeted to bridge a mapped structural gap; returned mineralization correlating with the southern lobe and suggests continuity across the gap.
What the data show (evidence) – Assay tables, maps and cross‑sections accompany the release and place holes 26RADD‑020–023 relative to earlier drill patterns. – Intercepts include broad, shallow zones and stacked higher‑grade splays; most reported widths are downhole lengths with no true‑width conversions provided. – Filab (Paramaribo) handled sample prep and assays; elevated samples (>2 g/t) were re‑assayed using 50 g splits and gravimetric techniques. QA/QC charts and chain‑of‑custody records were cited. – Core logs and structural measurements report visible gold on shear planes, multiple vein generations, and northwest‑plunging fabrics that align with the interpreted plunge of higher‑grade lenses.
Geological interpretation (reconstruction) – The pattern suggests a strain‑hosted, shear‑controlled system: early extensional quartz‑carbonate veining created conduits, later shearing produced mylonitic fabrics and strain concentration, and post‑shear extensional veins localized further mineralization. – Shallow, widespread envelopes appear to be cut by narrow, higher‑grade splays that repeat at structural repetitions (fold hinges, splays off the main shear). – Drilling strategy followed a logical sequence: shallow testing, step‑out/deeper holes, and targeted re‑assays for higher‑grade samples — all to test continuity before any resource modelling.
People and governance (key players) – Technical sign‑off: Dr. Dennis J. LaPoint, Ph.D, P.Geo, acted as the Qualified Person under NI 43‑101 and approved the technical content. – Field execution: company exploration teams ran logging, sampling and collar control; contractors performed drilling; Filab conducted assays. External consultants reviewed QA/QC data. – No independent resource auditor or updated mineral resource estimate was included with the release.
Why this matters (implications) – If true widths and continuity are confirmed, the shallow envelopes could support an open‑pit scenario while the recurring high‑grade shoots could improve local grade distribution and selective mining economics. – Correlation of 26RADD‑020 with southern mineralization widens the drill‑targetable footprint and strengthens the case for both resource‑definition and step‑out programs. – At present, the data are early‑stage: downhole intercepts alone do not meet reporting standards for a compliant resource or reserve. Economic implications depend on oriented core, true‑width estimates, density, metallurgical testing and further drilling.
Planned follow‑up (what happens next) – Sranan Gold is expected to continue the drilling program, prioritizing plunge‑axis and splay intersections, north/south step‑outs and deeper testing along the PSZ. – Near‑term technical work should include oriented core, structural logging, density determinations, metallurgical sampling, continued QA/QC and re‑assays where needed. – A staged path is likely: delineation and infill drilling → resource modelling and an independent technical report → regulatory filings and, if warranted, economic studies. Investors should watch for subsequent assay releases and an updated NI 43‑101 technical report for a clearer view of scale and economics. Those findings justify focused follow‑up drilling and technical work, but converting intercepts into a compliant resource will require additional data and independent reporting. Expect more detailed disclosures as the company completes infill and step‑out drilling and compiles formal technical documentation.