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    gold investing

    Sarama Resources Reports Q1 2017 Drill Results for Karankasso Project in Burkina Faso

    Jocelyn Aspa
    Mar. 03, 2017 08:40AM PST
    Precious Metals

    Sarama Resources (TSXV:SWA) has announced that Savary Gold (TSXV:SCA), who is the operator of the Karankasso project joint venture between the companies, provided a drilling update. As quoted in the press release: The drilling was undertaken across multiple target zones in the Serakoro 1 property within the Karankasso Project area.Highlights 24 holes totalling approximately 3,000 …

    Sarama Resources (TSXV:SWA) has announced that Savary Gold (TSXV:SCA), who is the operator of the Karankasso project joint venture between the companies, provided a drilling update.
    As quoted in the press release:

    The drilling was undertaken across multiple target zones in the Serakoro 1 property within the Karankasso Project area.
    Highlights

    • 24 holes totalling approximately 3,000 metres of reverse-circulation (“RC“) were completed.
    • Downhole intersections highlighted by Savary include:
    HE-RC-17-00611m @ 2.26 g/t Aufrom 84mincluding 4m @ 4.00 g/t Au from 89m
    HE-RC-17-0073m @ 2.51 g/t Aufrom 64mincluding 1m @ 6.50 g/t Au from 64m
    HE-RC-17-0097m @ 1.85 g/t Aufrom 28mincluding 3m @ 3.19 g/t Au from 32m
    HE-RC-17-0104m @ 2.20 g/t Aufrom 50mincluding 2m @ 3.90 g/t Au from 52m
    HE-RC-17-01217m @ 2.55 g/t Aufrom 18mincluding 7m @ 3.45 g/t Au from 27m; and
     1m @ 11.05 g/t Au from 32m
    HE-RC-17-0143m @ 2.26 g/t Aufrom 34mincluding 1m @ 5.44 g/t Au from 35m
    HE-RC-17-0196m @ 14.66 g/t Aufrom 30mincluding 4m @ 21.69 g/t Au from 31m; incl.
     1m @ 78.10 g/t Au from 32m
    5m @ 1.69 g/t Aufrom 47m
    • Follow-up drilling on selected targets is planned for Q1/Q2 2017.

    Note: mineralisation true widths are estimated at 65-80% of listed downhole intersection lengths except HE-RC-006 and HE-RC-007 where there is not enough information to estimate true widths
    Note: assays in hole HE-RC-17-019 have been top-cut to 30 g/t Au to produce main reported composite
    Further details of these drill results, including sampling and QA/QC procedures, are contained in Savary’s news release dated March 3, 2017.

    Click here to read the full press release.

    drill resultsjoint venturegold investing
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