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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.
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