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
The Conversation (0)
Completion of Tranche 1 Equity Placement & Cleansing Notice

Completion of Tranche 1 Equity Placement & Cleansing Notice

Sarama Resources (SRR:AU) has announced Completion of Tranche 1 Equity Placement & Cleansing NoticeDownload the PDF here. Keep Reading...
Sarama Raises A$1.5m in Private Placement

Sarama Raises A$1.5m in Private Placement

Sarama Resources (SRR:AU) has announced Sarama Raises A$1.5m in Private PlacementDownload the PDF here. Keep Reading...
Trading Halt

Trading Halt

Sarama Resources (SRR:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
Q1 2026 Interim Financial Statements

Q1 2026 Interim Financial Statements

Sarama Resources (SRR:AU) has announced Q1 2026 Interim Financial StatementsDownload the PDF here. Keep Reading...
Qtly Activities Report - Q1 26 Mgmt's Discussion & Analysis

Qtly Activities Report - Q1 26 Mgmt's Discussion & Analysis

Sarama Resources (SRR:AU) has announced Qtly Activities Report - Q1 26 Mgmt's Discussion & AnalysisDownload the PDF here. Keep Reading...
Heritage Confirms High-Grade Gold Mineralization at The Melba Project Returning 15.57g/t Au over 9m from 43m, Including: 28.98g/t Au over 4.80m

Heritage Confirms High-Grade Gold Mineralization at The Melba Project Returning 15.57g/t Au over 9m from 43m, Including: 28.98g/t Au over 4.80m

Heritage Mining Ltd. (CSE: HML FRA: Y66) (“Heritage” or the “Company”) further to its Visible Gold Occurrence in ML3800-003 Press Release dated July 29, 2026, and ML3800-004 Press Release dated August 20, 2026 is pleased to announce confirmation of high-grade gold mineralization within a zone... Keep Reading...
Small gold nuggets scattered on a rough, dark gray rock surface.

Gold Base: The Sudbury Basin in Canada

Canada’s Sudbury Basin is proving to be the next golden investment opportunity.The Sudbury Basin has a mining history that traces back to the 1800s and has since become synonymous with world-class copper and nickel. What many aren’t aware of is that the basin comes with another shining prospect:... Keep Reading...
Québec on map.

Agnico Eagle Takes C$57.1 Million Stake in Radisson Mining

Agnico Eagle Mines (TSX:AEM,NYSE:AEM) said on Monday (August 24) that it is deploying C$57.1 million to acquire a strategic position in Radisson Mining Resources (TSXV:RDS,OTCQX:RMRDF). The funding will go toward an advanced underground exploration program at the O’Brien gold project. The... Keep Reading...
Peruvian Metals Provides Progress Update on Mercedes Au-Ag Property with Assay Results from the Newly Sampled Kelly Vein

Peruvian Metals Provides Progress Update on Mercedes Au-Ag Property with Assay Results from the Newly Sampled Kelly Vein

Peruvian Metals Corp. (TSXV: PER,OTC:DUVNF) (OTC Pink: DUVNF) ("Peruvian Metals or the Company") is pleased to provide an update on the progress made by the Company in 2026 on the Mercedes Silver-Gold property ("Mercedes" or the "Property"). The Company acquired a 50% interest in San Maurizo... Keep Reading...

Interactive Chart

Latest Press Releases

Related News