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High-grade real estate As M&A whispers in West Africa become
has Sarama prepared louder, Sarama Resources Ltd (ASX: SRR,
TSXV: SWA) is on course to ensure it has a
for interest prominent seat at the table.
The last 12 months have seen several high-profile acquisitions
on the West Africa gold scene as miners look to consolidated
and bring stranded assets into the fold. With an advanced project,
Sarama Resources Inc. nearly 3 moz gold in resources and considerable exploration
Listing: TSX-V: SWA | ASX: SRR upside, Sarama could find itself a key player in the next bout of
Key management: Andrew Dinning (managing director), deal-making.
Simon Jackson (non-executive chairman), Attracting corporate and investor attention to Sarama is the
Adrian Byass (non-executive director), Sanutura Project in Burkina Faso. Located within the prolific
Steve Zaninovich (non-executive director), southern Houndé belt, Sanutura already boasts a pit-constrained
Jack Hamilton (vice president exploration), resource of 9.4mt @ 1.9 g/t for 0.6 moz (Indicated) and 52.7mt @
Paul Schmiede (vice president corporate 1.4 g/t for 2.3 moz (Inferred). However, with Sarama nearly half-
development), Lui Evangelista (chief financial way through a 50,000m drilling programme, that is expected to
officer) increase when the resource is updated following its completion.
Projects: Sanutura, Burkina Faso, 100%-owned
Resources: 9.4mt @ 1.9 g/t for 600,000oz (indicated); The drilling programme, launched in May, is designed to grow
52.7mt @ 1.4 g/t for 2.3 moz (inferred) the oxide component of the resource to over 1 moz gold, test a
number of high priority regional targets and to define additional
Karankasso, Burkina Faso, 18%-owned exploration targets for follow-up drilling.
(JV with Endeavour Mining Inc)
Resources: 709,000oz (130,000oz attributable to Sarama) According to Sarama managing director Andrew Dinning, hitting
the 1 moz mark for oxides is a key priority along with looking at a
Koumandara, Burkina Faso, 100%-owned raft of regional exploration targets that have the potential to further
Resources: N/A transform the shape of the project.

