Sanu Resources Ltd.
TSX VENTURE : SNU

Sanu Resources Ltd.

November 18, 2008 14:47 ET

Sanu Burkina Faso Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2008) - Sanu Resources Ltd. ("Sanu" or "the Company") (TSX VENTURE:SNU) reports that in respect of the previously announced agreement signed with Predictive Discovery of Australia, granting Predictive the option to earn a 60% interest in Sanu's Burkina Faso project by spending US$4.5M over 3 years, Predictive has not been able to meet its commitment and accordingly the option has been dropped.

Sanu holds six exploration licenses totaling 1,214 sq. km in Burkina Faso covering significant greenstone gold targets that are geologically similar to those hosting the major gold deposits in neighboring Ghana and Mali.

The most advanced prospect is Nyieme, where mineralization consists of a series of en echelon quartz veins which intermittently outcrop over a strike length of approximately 1.8km. Float mapping and soil sampling suggest that the vein system extends to the south for at least an additional 4km. Drilling on the outcropping 1.2km of the Nyieme vein system was completed in early 2008 with the remainder of the Nyieme system as yet untested. Ongoing geochemical sampling has identified other gold-bearing quartz veins in the western part of the Nyieme license.

Recent fieldwork has focused on advancing the other five projects in Burkina Faso to the drill stage. Work completed includes geological mapping and extensive soil geochemical surveys. The most encouraging results were obtained from the Moule Permit where reconnaissance mapping has located a number of quartz veins and quartz vein swarms with strongly anomalous gold values. Results are also encouraging for the Loto, Tordo and Kodyel permits where mapping and sampling has revealed several gold bearing quartz veins, quartz vein swarms and soil gold anomalies that warrant follow-up work. Mapping and sampling of the Lati permit revealed anomalous soil base metals values associated with a sequence of felsic volcanics in contact with black shales.

The Nyieme and Moule permits are held as options to purchase from a private Burkinabe individual and an extension of the option terms for an additional year for a payment of US$50,000 per permit has been negotiated. Sanu holds the remaining five permits under a 100%, three year grant by the government. Applications have been lodged to renew all licenses for an additional three year term.

Dr. Demetrius Pohl, Ph.D., a Qualified Person as defined by National Instrument 43-101 and Vice President of Exploration for the Company, has reviewed and verified the technical information contained in this news release.

On Behalf of the Board,

Wojtek A. Wodzicki, President and CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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