Sanoukou Gold Project

The Sanoukou Gold Project, located in the highly prospective Kenieba-Kedougou window of southwestern Mali and just to the west of the town of Kenieba, is part of Great Quest Gold’s portfolio. Covering 24 km², this strategically positioned concession lies within the highly prolific Birimian, West Africa’s renowned gold belt, known for hosting world-class gold deposits.

Sanoukou is part of a region that has long been recognized for its rich mineral potential, offering significant opportunities for the discovery and development of high-grade gold resources. Preliminary exploration has identified several promising targets, with further drilling and sampling planned to fully assess the scale of mineralization.

Great Quest’s exploration at Sanoukou has included:

• Rock sampling programs
• Diamond drilling: 13 holes totalling 2,183.9 meters
• Recent artisanal mining evaluations, with sampling of ore and waste

Extensive exploration and artisanal work has revealed evidence of significant high-grade mineralization, suggesting there is a substantial untapped upside to earlier exploration efforts. Great Quest has invested over US$3 million in exploration at Sanoukou, with promising results that include:

• SN02 drill hole: 3.4 meters at 3.2 g/t gold (completed by Great Quest in 2011)
• RAB18 drill hole: 3 meters at 5.0 g/t gold
• RAB53 drill hole: 19 meters at 2.6 g/t gold (drilled in 2006 by SOMIFIM)

Artisanal mining activity has provided additional insights, with samples revealing high-grade mineralization. A total of 34 samples graded between 0.6 g/t and 24.9 g/t gold, indicating that prior drilling may have missed the key structural targets. This new data suggests a potentially large upside for further exploration, positioning Sanoukou as a high-value development opportunity.

The Sanoukou permit lies within the Kenieba-Kedougou window, a region composed of Birimian lithologies that have historically hosted numerous gold deposits and producing mines. The region is marked by significant structural features, including faults and second-order splays, such as the Kenieba-Medinandi structure, which is linked to major gold discoveries including Fekola, Djambaye, Tabakoto, and Segala. Sanoukou’s location along these key geological structures makes it highly prospective for future discoveries.