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Highlights
- Sylla Gold Corp.’s share price has increased by 300% over the past month, trading at CAD 0.080.
- The company controls a 17,200-hectare gold project in Mali’s Birimian Greenstone Belt, adjacent to a known gold deposit.
- Recent drilling results and defined target areas continue to support ongoing exploration activity at the Niaouleni Gold Project.
Amid soaring gold prices, investor eyes are locking onto junior mining and exploration plays, where standout performers like Sylla Gold Corp. (TSX.V:SYG) are surging ahead. This Canadian-listed explorer, active in West Africa and also traded on OTCQB as SYGCF, closed at CAD 0.080 on January 26, 2026, up 6.67% that day, 60% over five sessions, and a whopping 300% in the past month, fuelling intense trading volumes in today's bullish gold environment.
West Africa Focus: Niaouleni Project
Sylla Gold is focused on the exploration and acquisition of gold properties in West Africa. Its primary asset is the Niaouleni Gold Project in southwest Mali, covering approximately 17,200 hectares within the Birimian Greenstone Belt, a region known for hosting multiple gold deposits across West Africa.
The Project consists of four contiguous exploration permits and is located directly south of, and along strike with, the Kobada Gold Deposit operated by Toubani Resources.
Exploration History and Drilling Results
Past exploration at Niaouleni has included soil and termite mound geochemistry surveys, as well as reverse circulation (RC) drilling programs, which identified several gold-bearing structural zones interpreted to extend from the nearby Kobada deposit.
Building on these results, Regan Isenor, President and CEO of SYG, highlighted that 18 of the 19 most recent RC holes (results announced in April 2023) returned significant gold grades. This reinforces the company’s view that the property has the potential to host multiple near-surface deposits. Since April 2022, a total of 76 holes have been drilled, with 66 encountering anomalous gold, underscoring the project’s mineralization potential and supporting the company’s focused exploration strategy.
The April 2023 drilling results also reported an extension of the strike length of mineralization to approximately 700 m, with notable intercepts including
- 92 g/t Au over 15 mfrom drill hole NSRC23-068, including 14.9 g/t Au over 4m and 2.56 g/t Au over 7m
- 28 g/t Au over 6 m from drill hole NSRC23-060, including 17.7 g/t Au over 1 m
- 26 g/t Au over 8 mfrom drill hole NSRC23-059, including 10.6 g/t Au over 1 m
- 09 g/t Au over 10 mfrom drill hole NSRC23-073
- 13 g/t Au over 9 m from drill hole NSRC23-063
- 47 g/t Au over 2mfrom drill hole NSRC23-076
Seven Drill-Ready Targets Identified
In 2023, the company completed a target delineation program identifying seven drill-ready target areas at the Niaouleni Project. These include Niaouleni South and the Lebre Plateau, Kankou Moussa, Niaouleni West, and several additional prospects associated with regional shear zones, and artisanal gold workings.
Drilling programs are being designed by the company’s technical team to assess and advance each of the priority targets.
As gold prices continue to trend higher, market participants are closely tracking junior explorers with defined land positions and exploration programs. Sylla Gold’s recent share price movement has placed the company firmly within this group.
