Announcement Date: 2022-11-29
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Sarama Resources Ltd.
Project name: Sanutura
Location: Burkina Faso
Commodities: Gold
Highlight: Drilling results incl. 21m at 7.57g/t Au, 0
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: PERTH, AUSTRALIA / VANCOUVER, CANADA. Sarama Resources Ltd. (“Sarama” or the “Company”) (ASX:SRR, TSXV:SWA) is pleased to announce that exploration drilling at its 100%-owned(4) Sanutura Project (the “Project”) has intersected new high-grade mineralisation and identified extensions to selected lodes at the MM Prospect within the Tankoro Deposit. The new mineralisation is located near-surface in oxide material outside the current Mineral Resource and has potential to enhance open pit stripping ratios in any eventual mine development. Sarama intends to pursue these types of targets in upcoming drill programs. The reported drilling totals 2,200m and represents the fifth discovery of new mineralisation in the ongoing +50,000m program, which was designed to increase the oxide component of the Project’s 0.6Moz Au (Indicated) plus 2.3Moz Au (Inferred)(1) Mineral Resource.
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