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An ASX listing, an updated resource and the launch of
feasibility work; if everything goes to plan, Sarama Resources
Inc could become one of the West African gold stories of 2022
and beyond.

Establishing

Burkina Faso’s

Sarama Resources Ltd
TSX-V: SWA
ASX: Proposed listing 2021 next gold district
Head office: Suite 8, 245 Churchill Avenue Subiaco WA 6008
Australia
Phone: +61 8 9363 7600
Fax: +61 8 9382 4309
Email: info@saramaresources.ca An ASX listing, an updated resource and the launch of feasibility work;
Twitter: @SaramaResources if everything goes to plan, Sarama Resources could become one of
LinkedIn: Sarama Resources the West African gold stories of 2022 and beyond.
Key people: Simon Jackson (non-executive chairman); Sarama is a long-term participant in the West African exploration
Andrew Dinning (managing director); Adrian Byass scene, having delineated 2.5 moz gold on its Sanutura Project in south-
(non-executive director); Steve Zaninovich west Burkina Faso since listing on the TSX in 2010.
(non-executive director) However, having seen progress at Sanutura stall for several years due
Market cap: $C31 million to a poorly performing JV, the company managed to successfully re-
Share price: 34c/share gain control and has chosen to reinvigorate itself, refreshing the board
Projects: Sanutura – Houndé and Boromo Greenstone Belts, and subsequently choosing to dual list on the ASX.
south-west Burkina Faso
Resources: 9.4mt @ 1.9 g/t for 600,000oz (indicated) plus For chief executive Andrew Dinning, the move amounts to a resetting
43.6mt @ 1.4 g/t for 1.9 moz (inferred) reported at for the company.
cut-off grades ranging 0.2-1.6 g/t “There was a natural progression to a restructured board. Because of
Bondi: 4.1mt @ 2.1 g/t for 282,000oz gold (measured the global pandemic it was becoming increasingly difficult to operate
and indicated) plus 2.5mt @ 1.8 g/t Au for with a board split between Canada and Australia,” Dinning explains.
149,700oz (inferred), reported at a 0.5 g/t cut-off “Ultimately, it has proven a circuit breaker for the company. It has led
Koumandara: Banfora Belt, south-west Burkina Faso to a revising of the company strategy, a recent capital raising and an
Karankasso JV: Endeavour Mining Corp/ Sarama 20% participating update to the resource at Sanutura.”
interest
Resources: 12.74mt @ 1.73 g/t for 709,000oz gold