| Announcement Date: | 2022-12-14 |
|---|---|
| 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. 5m at 7.05g/t Au, from 9m |
| 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), multi-million-ounce Sanutura Project (the “Project”) has returned several encouraging near-surface intersections of new mineralisation in the south of the Tankoro Mineralised Corridor. The reported drilling totals 2,900m and was primarily focussed on testing for new mineralisation in lightly-drilled areas of the Kenobi, Djimbake and Obi Prospects. The results represent the sixth discovery of additional/extensional mineralisation since the commencement of the ongoing +50,000m drill program and continue to demonstrate the strong potential to grow the oxide component of the Project’s 0.6Moz Au (Indicated) plus 2.3Moz Au (Inferred)(1) mining shape constrained Mineral Resource. |
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