Sarama Resources

Sarama Corporate Presentation - June 2024

Sarama Resources Ltd. (“Sarama” or the “Company”) (ASX:SRR, TSX- V:SWA) is pleased to present its investor presentation.

INVESTMENT HIGHLIGHTS

 

50KM UNEXPLORED GREENSTONE BELT IN WA + 0.5M OZ OF GOLD IN WEST AFRICA

 

Sarama has signed a Non-Binding MOU1 to acquire the Cosmo Newbery Project, highlights include:

 
  • Project situated on one of the last unexplored greenstone belts in Western Australia
  • Tenure is contiguous over 583km2 and covers the entire +50 km of greenstone belt
  • The belt has seen virtually no modern exploration and no drilling of merit
  • Located 95km west of +7Moz Gruyere (Gold Road) and 85km northeast of Laverton
  • Documented historical gold workings (discovered in 1890’s)
  • Reserve since 1980 but Land access now obtained, easy access via Great Central Road
 

Material additional value includes:

 
  • Burkina Faso gold assets including 100% owned, 0.5Moz (Inf) Bondi Gold Deposit2
  • Significant arbitration claim3 
 

COSMO NEWBERY PROJECT LOCATION

LOOKING FOR GOLD IN AN AREA SURROUNDED BY GOLD

EXPLORATION OPPORTUNITY

LARGE AND PROSPECTIVE SYSTEM WITH MULTIPLE TARGETS TO BE TESTED

  • Cosmo Newbery greenstone belt has clear gold showings and strong geological and structural similarities to the adjacent Dorothy Hills greenstone belt which hosts the +7Moz Gruyere gold deposit
  • Project is underlain by prospective volcanic and volcano-sediment rocks with localised intrusives, however is mostly under shallow cover and has seen little to no significant exploration
  • A major regional fault/shear system extends for over 50km through the Project
  • The fault/shear system combined with granite-greenstone rocks has the potential to provide requisite fluid pathways and favorable host rocks that are amenable to gold mineralization
  • Historic, small-scale mining east of this regional system indicates gold deposition in the immediate area
  • Soil geochemical and geophysical surveys identified numerous exploration targets for gold and nickel-cobalt
  • Currently 8 areas of interest & 17 specific interpreted targets for follow up

This article includes content from Sarama Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

SRR:AU
Sarama Resources

Sarama Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Sarama Resources (ASX:SRR)

Sarama Resources


Keep reading...Show less

Promising new gold projects in Western Australia, plus a large fully funded arbitration claim.

Kairos Minerals

Wide Gold Intercepts at Mt York Support Future Resource Growth

Three diamond drill rigs on site at 1.4Moz Mt York Gold Project, WA, with 56% of Stage 1 resource drilling complete; Results extend mineralisation along strike and at depth; good continuity of higher-grade shoots confirms new structural model

Kairos Minerals Ltd (ASX:KAI) (“KAI” or the “Company”) is pleased to announce results from the first 16 diamond holes drilled at its Mt York Gold Project in WA’s Pilbara, where current resources at the Main Trend sit at 1.4Moz Au. The results are from Gossan Hill (7 holes), Breccia Hill (5 holes) and Main Hill (4 holes) (Table 1), and are shown on drill plan (Figure 1) and long-section (Figure 2).

Keep reading...Show less
Andy Schectman, gold and silver bars

Andy Schectman: Reset Happening Now — Gold is Key, Silver Has Massive Potential

Andy Schectman, president of Miles Franklin, lays out his takeaways from the latest BRICS meeting, saying he sees a reset happening now.

He also weighs in on the implications for gold and explains why he sees massive potential in silver.

Keep reading...Show less
Nomi Prins, mine site.

Dr. Nomi Prins: Gold, Silver, Uranium and More — I'm Focusing on What's Real

Dr. Nomi Prins of Prinsights Global discusses the real asset uprising and how to invest.

"The uprising actually means that real assets don't have value just for what they are in terms of price — they have value for their positioning in the geopolitical power battle," she explained.

Keep reading...Show less
Pile of gold bars over black background.

5 Best-performing Gold Stocks on the TSX in 2025

The gold price soared to new record highs during the second quarter of 2025, the most recent coming when it climbed to C$4,663.85, or US$3,433.47, on June 13.

Several factors fueled gold price momentum toward the end of the second quarter, including an escalation in Middle East tensions as Israel and Iran entered into direct conflict. Although a cease fire was announced, it came after the United States dropped several 30,000 pound bombs on key Iranian nuclear sites.

Additional support for gold has come from continued uncertainty in global financial markets as the US's tariff strategy continues.

Keep reading...Show less
Sarama Resources

Sarama Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×