Sylla Gold (TSXV:SYG)

Sylla Gold: Exploring West Africa’s Underexplored Highly Prospective Gold Greenstone Belt


Sylla Gold (TSX.V:SYG) explores and acquires gold properties throughout West Africa through an experienced management team with a track record of success. The company’s flagship asset, the Niaouleni gold project, covers over 17,200 hectares within an emerging gold camp in the prolific Birimian greenstones of southwest Mali.

Niaouleni project runs continuously south along Niaouleni-Kobada-Sanankora Corridor, on strike with Toubani Resource’s Kobada Gold Deposit. The Kobada deposit contains a Measured and Indicated Mineral Resource of 61.5 million tonnes (Mt) at 0.86 g/t gold (Au) for a total of 1.71 million ounces (oz) of contained gold, and includes mineral reserves. Additionally, to the north of Toubani within the same corridor is Cora Gold’s Sanankoro Project, which has an Indicated Resource of 16.1 Mt at 1.27 g/t Au for 657,000 oz of contained gold and an Inferred Resource of 8.7 Mt at 0.94 g/t Au for 263,000 oz of contained gold. These significant resource estimates on adjacent properties indicate the blue sky potential of the Niaouleni project as exploration continues on all three.

Niaouleno Property Location

Sylla Gold recently completed its maiden drilling campaign, which included 6,754 metres of reverse circulation (RC) drilling and an additional 10,600 metres of aircore drilling. Assays from the RC drilling indicated 48 out of 57 holes hit high-grade gold mineralization up to 5.17 g/t over 25 metres. The aircore drilling was used as a first-pass reconnaissance style drilling and identified multiple additional gold targets for follow-up RC drilling.

Company Highlights

  • Sylla Gold is a Canadian exploration and development mining company focusing on highly prospective assets within Mali, a West African country known for its gold deposits.
  • Despite a long gold mining history, Mali still contains underexplored assets that have received little to no exploration using modern technologies and techniques.
  • The flagship Niaouleni asset covers 17,200 hectares within the newly discovered Birimian greenstone gold belt, which runs along southwest Mali.
  • The company’s Niaouleni asset is adjacent to Toubani Resource’s Kobada Gold Project which contains a Measured and Indicated Mineral Resource of 61.5 million tonnes (Mt) at 0.86 g/t gold (Au) for a total of 1.71 million ounces (oz) of contained gold, and includes mineral reserves.
  • The Niaouleni's close proximity to prolific gold discoveries indicates the potential for future discoveries and development.
  • Sylla Gold recently completed its maiden drilling campaign, results of which indicate that 48 out of 57 holes intersected high-grade gold mineralization up to 5.17 g/t gold over 25m.
  • An experienced management team with a track record of success in West Africa leads the company towards fully exploring its blue-sky gold asset.

This Sylla Gold profile is part of a paid investor education campaign.*

Click here to connect with Sylla Gold (TSX.V:SYG) to receive an Investor Presentation

SYG:CA
The Conversation (0)
Sylla Gold Amends Share Purchase Agreement to Acquire District Scale Land Package in Namibian Gold Belt

Sylla Gold Amends Share Purchase Agreement to Acquire District Scale Land Package in Namibian Gold Belt

Sylla Gold Corp. (TSXV: SYG) ("Sylla" or the "Company") announces that it has amended the share purchase agreement (the "Agreement") with Namibia Critical Metals. ("NMI") to acquire four gold properties located in Namibia as announced on March 4, 2024. Under the agreement, Sylla is to acquire NMI's 95% interest in its Namibian subsidiaries that own the rights, title and interest to the Grootfontein, Erongo, Otjiwarongo, and Kaoko licences, (Figure 1) and certain associated assets.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6472/212834_3b61348234adc9bb_001.jpg

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Sylla Gold Announces Intention to Consolidate

Sylla Gold Announces Intention to Consolidate

Sylla Gold Corp. (TSXV: SYG) (OTCQB: SYGCF) ("Sylla" or the "Company") announces its intention to consolidate its issued and outstanding common shares (the "Common Shares") on the basis of three (3) pre-consolidation Common Shares for every one (1) post-consolidation Common Share (the "Consolidation"). No fractional Common Shares will be issued and any fractional Common Shares will be rounded down to the nearest lower whole Common Share.

The Consolidation is subject to the approval of the TSX Venture Exchange, applicable securities regulatory authorities, and the approval of the shareholders of the Company. The Company anticipates that it will hold its annual and special shareholder meeting in May, 2024.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Sylla Gold Enters into Agreement to Acquire District Scale Land Package in Namibian Gold Belt

Sylla Gold Enters into Agreement to Acquire District Scale Land Package in Namibian Gold Belt

Sylla Gold Corp. (TSXV: SYG) (OTCQB: SYGCF) ("Sylla" or the "Company") is pleased to announce that it has entered into a share purchase agreement with Namibia Critical Metals Inc. ("NMI") to acquire four gold prospective properties encompassing 2,788 square kilometers, located in Namibia within the Central Namibian Gold belt. Sylla is to acquire a 95% interest in NMI's Namibian subsidiary that own the rights, title and interest to Grootfontein, Erongo, Otjiwarongo, and Kaoko Licences (Figure1).

Regan Isenor, President and CEO of Sylla, commented, "the Company is very pleased to acquire such an extensive land package of prospective ground in a truly emerging gold district. The Central Namibian Gold Belt continues to produce world class gold operations as well as new discoveries and we're looking forward to unlocking the value in these licences by applying some of the knowledge gained from the recent discoveries in the district. The licences Sylla is acquiring were assembled in proximity and on strike of significant operating gold mines and recent discoveries in favorable geology conducive to mineralization."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Sylla Gold Exercises Option Agreement to Acquire 100% of the Deguefarakole Licence at Its Niaouleni Gold Project

Sylla Gold Exercises Option Agreement to Acquire 100% of the Deguefarakole Licence at Its Niaouleni Gold Project

Sylla Gold Corp. (TSXV: SYG) (OTCQB: SYGCF) ("Sylla" or the "Company") is pleased to announce that it has exercised its option to acquire a 100% interest in the Deguefarakole exploration licence at its Niaouleni Gold Project by issuing 3,000,000 Common Shares of the Company and amending the Option Agreement dated September 15, 2021 with Niaouleni Gold Inc. (the "Optionor") and Niaouleni Gold Mali SARL. The Deguefarakole licence is one of four exploration licences that comprise the Company's 17,200 sq. km. Niaouleni Gold Project located in the Republic of Mali.

The Niaouleni Gold Project is located in the Sanankoro-Kobada-Niaouleni Gold Corridor and all of the Company's exploration work to date has been completed within the Deguefarakole licence area which represents 9,200 hectares (Figure 1). Between August of 2022 and March 2023, the Company completed 76 reverse circulation drill holes on the Deguefarakole licence encountering anomalous gold grades over significant widths in 66 of 76 RC holes drilled on the property (see Sylla press releases dated August 29, 2022, September 13, 2022, and April 12, 2023). Drilling was mainly focused around the Niaouleni South Prospect. The Company's drilling activities extended the strike length at Niaouleni South to 700 m and remains open to the north, south and at depth. The Niaouleni South prospect sits approximately 6 km along strike from the Kobada gold deposit.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

BULLETIN TYPE:  Cease Trade Order
  BULLETIN DATE: October 6, 2023
  TSX Venture Company

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Wooden blocks spell "all-time high."

Editor's Picks: Gold Breaks US$3,200, Experts Call for Price to Go Higher

This week has brought ups and downs for the gold price as US President Donald Trump's tariff decisions continue to create widespread uncertainty across sectors globally.

The yellow metal started the week at about US$3,020 per ounce, but quickly tumbled below the US$3,000 level as markets around the world took a beating.

Although gold is known as a safe haven, it's common for it to fall in tandem with other assets during widespread downturns. The idea is that gold won't drop as hard and will recover more quickly.

Keep reading...Show less
Will Rhind, gold bars.

Will Rhind: Gold at All-time High, but Price Still Looks Undervalued

Will Rhind, CEO of GraniteShares, discusses gold's ongoing price momentum and latest all-time high, saying he sees fear as a key driver right now.

However, increasing M2 money supply is also an important underlying factor for the yellow metal.

Keep reading...Show less
Gold coin stacks with up arrow.

Gold Price Hits New Record, Breaking US$3,200 for First Time

The gold price reached yet another record high on Friday (April 11), breaking US$3,200 per ounce.

The precious metal has gained significant momentum since the beginning of the year. In morning trading on Friday it surged past the US$3,200 mark, climbing as high as US$3,244.33 per ounce.

The rise comes after a week of chaos caused by US President Donald Trump's on-again, off-again global tariff scheme.

Keep reading...Show less

Barrick to Report First Quarter 2025 Results on May 7, 2025

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) will release its Q1 2025 results on Wednesday, May 7, 2025. President and CEO Mark Bristow will host a live presentation of the results that day at 11:00 EDT, with an interactive webinar linked to a conference call. Participants will be able to ask questions.

Q1 RESULTS ANNOUNCEMENT

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Gary Wagner, gold bar.

Gary Wagner: Gold Thriving Amid Uncertainty, Price Uptrend Isn't Over

Gold fell below US$3,000 per ounce this week before rocketing to a new all-time high.

Gary Wagner, executive producer at TheGoldForecast.com, explains why that happened and how he expects the yellow metal to perform in the long term as market turmoil continues.

Keep reading...Show less

Latest Press Releases

Related News

×