Sarama Resources Limited [ASX:SRR]

​https://saramaresources.com/

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Sarama Resources is a West African gold explorer and developer focused on establishing a new mining district in Burkina Faso.

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Sarama owns a 100% interest in the Sanutura Project, located approximately 350km southwest of Ouagadougou. The project area covers approximately 1,454km² of prospective greenstone terrane, hosts a growing resource including two major gold deposits and is Sarama’s lead project which is progressing towards development.

The Sanutura Project’s multi-million-ounce mineral resource will underwrite a long life, multi-faceted CIL mine development and recent exploration success has added significant value to the project.

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The company has established a second promising exploration play, the 100%-owned Koumandara Project, which covers an area of approximately 600km² in the Banfora Belt. Sarama considers this area highly prospective, and early-stage exploration has defined several corridors of gold anomalism that extend up to 40km in length.

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The company also holds a significant interest in the 0.7 Moz Au(3) Karankasso Project JV which is proximal to the Sanutura Project and remains part of Sarama’s regional portfolio mix.

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Sarama’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 – a West African gold explorer and developer is well placed to build on its current success with a sound exploration and project development strategy across its property portfolio.