Sarama Resources Ltd. (“Sarama” or the “Company”) (ASX: SRR, TSX-V: SWA) advises that an Investor Briefing will be held via webcast following the Company’s commencement of trading on the Australian Securities Exchange (“ASX”) on 2 May 2022.


Sarama’s President, CEO & MD, Andrew Dinning, will provide an overview of the Company and its plans for exploration at its exciting 100%-owned Sanutura Project.

Sarama’s Corporate Presentation will be used as the basis of the briefing and is available for review on the Company’s website or the ASX announcements platform. Investors are invited to submit written questions in advance of the webcast to info@saramaresources.com.

Details of the event are listed below:

Date : Wednesday, 4 May 2022
Time : 11.00am AEST/9.00am WST
Registration : https://tinyurl.com/SaramaResources-005
Questions : Submit written questions by 5:00pm AEST/3:00pm WST on Tuesday, 3 May 2022

A replay of the briefing will be made available on the Company’s website after the event.

For further information on the Company’s activities, please contact:

Andrew Dinning or Paul Schmiede
e: info@saramaresources.com
t: +61 8 9363 7600

For media enquiries, please contact:

Angela East
Media & Capital Partners

e: Angela.east@mcpartners.com.au
t: +61 428 432 025

This announcement has been authorised by the Board of Sarama Resources. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ABOUT SARAMA RESOURCES LTD

Sarama Resources Ltd (ASX: SRR, TSX-V: SWA) is a West African focused gold explorer/developer with substantial landholdings in south-west Burkina Faso. Sarama is focused on maximising the value of its strategic assets and advancing its key projects towards development.

Sarama’s 100%-owned(4) Sanutura Project is principally located within the prolific Houndé Greenstone Belt in southwest Burkina Faso and is the exploration and development focus of the Company. The project hosts the Tankoro and Bondi Deposits which have a combined Mineral Resource of 0.6Moz gold (Indicated) plus 2.3Moz gold (Inferred)(1,2) .

Together, the deposits present a potential mine development opportunity featuring an initial, long-life CIL project which may be established and paid for by the significant oxide Mineral Resource base.

Sarama has built further optionality into its portfolio including an approximate 470km² exploration position in the highly prospective Banfora Belt in south-western Burkina Faso. The Koumandara Project hosts several regional-scale structural features and trends of gold-in-soil anomalism extending for over 40km along strike.

Sarama also holds an approximate 18% participating interest in the Karankasso Project Joint Venture (“JV”) which is situated adjacent to the Company’s Sanutura Project in Burkina Faso and is a JV between Sarama and Endeavour Mining Corp (“Endeavour”) in which Endeavour is the operator of the JV. In February 2020, an updated Mineral Resource estimate of 709koz gold(3) was declared for the Karankasso Project JV.

The Company’s Board and management team have a proven track record in Africa and a strong history in the discovery and development of large-scale gold deposits. Sarama is well positioned to build on its current success with a sound strategy to surface and maximise the value of its property portfolio.

Click here for the full ASX Release

This article includes content from Sarama Resources Ltd. , licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

SRR:AU

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