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

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

Promising new gold projects in Western Australia, plus a large fully funded arbitration claim. Keep Reading...
Q2 2025 Interim Financial Statements

Q2 2025 Interim Financial Statements

Sarama Resources (SRR:AU) has announced Q2 2025 Interim Financial StatementsDownload the PDF here. Keep Reading...
Sarama Provides Update on Arbitration Proceedings

Sarama Provides Update on Arbitration Proceedings

Sarama Resources (SRR:AU) has announced Sarama Provides Update on Arbitration ProceedingsDownload the PDF here. Keep Reading...
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...
A$2.7m Equity Placement to Fund Laverton Drilling Campaign

A$2.7m Equity Placement to Fund Laverton Drilling Campaign

Sarama Resources (SRR:AU) has announced A$2.7m Equity Placement to Fund Laverton Drilling CampaignDownload the PDF here. Keep Reading...
Trading Halt

Trading Halt

Sarama Resources (SRR:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
Standing gold bar in front of stacks of gold bars. Words read "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Belo Sun is Radiant with 109 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.On Tuesday (February 17) Canadian Prime Minister Mark Carney announced the creation of... Keep Reading...
TSX and TSXV website on phone screen.

Gold and Silver Stocks Dominate TSX Venture 50 List

This year's TSX Venture 50 list showcases a major shift in sentiment toward the mining sector. The TSX Venture 50 ranks the top 50 companies on the TSX Venture Exchange based on annual performance using three criteria: one year share price appreciation, market cap growth and Canadian... Keep Reading...
Ole Hansen, investment graphics.

Ole Hansen: Next Gold Target is US$6,000, What About Silver?

Ole Hansen, head of commodity strategy at Saxo Bank, believes US$6,000 per ounce is in the cards for gold in the next 12 months; however, silver may not enjoy the same price strength. "If gold moves toward US$6,000, I would believe that ... silver at some point will struggle to keep up, and... Keep Reading...
Red stamp on paper with "approved" marked in red.

Kinross’ Great Bear Gold Project Accelerated Under Ontario’s 1P1P Framework

Ontario is moving to accelerate one of Canada’s largest emerging gold projects, cutting permitting timelines in half for Kinross Gold's (TSX:K,NYSE:KGC) Great Bear development in the Red Lake district.The province announced that Great Bear will be designated under its new One Project, One... Keep Reading...
Massan Indicated Conversion Programme Continues to Deliver

Massan Indicated Conversion Programme Continues to Deliver

Asara Resources (AS1:AU) has announced Massan indicated conversion programme continues to deliverDownload the PDF here. Keep Reading...
Sarama Resources

Sarama Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Interactive Chart

Latest Press Releases

Related News