sarama resources

sarama resources

ASX:SRR
Sarama Resources (ASX:SRR)

Chart

Detailed Quote


Investor Insight

Sarama Resources offers a compelling investment opportunity driven by a US$242 million, plus interest, fully-funded arbitration claim and two belt-scale gold projects encompassing 1,000 sq km of the Cosmo-Newbery and Jutson Rocks Greenstone Belts in Western Australia’s highly prolific Laverton Gold District, which lies within the wider world-renowned Eastern Goldfields region.

Overview

Sarama Resources (TSXV:SWA, ASX:SRR) is an Australia-based gold exploration and development company with a dual value proposition: significant exploration upside in the world class Eastern Goldfields of Western Australia and a fully funded international arbitration claim against the Government of Burkina Faso.

Arbitration Claim

Sarama is pursuing an arbitration claim seeking no less than US$242 million in damages, plus interest, relating to the unlawful withdrawal of its Tankoro Deposit in Burkina Faso. The claim is fully financed through a non-recourse loan facility with Locke Capital and is being prosecuted by leading law firm Boies Schiller Flexner, which has secured major recent awards for peers including Indiana Resources (US$120 million), GreenX Metals (AU$490 million) and Lupaka Gold (US$67 million).

Exploration Opportunity

The company controls two belt-scale projects in the prolific Laverton Gold District, together covering ~1,000km² and more than 100km of strike in highly prospective but historically underexplored terrain. The flagship Cosmo gold project (580 sq km) dominates the Cosmo-Newbery Greenstone Belt, while the Mt Venn project (420 sq km) covers the Jutson Rocks Belt just 40 km away. Both lie near world-class deposits including Gruyere (+8 Moz) and Garden Well (2.5 Moz), benefit from excellent road access and nearby mills, and will see maiden drilling commence in Q4 CY25.

Sarama’s experienced board and management team have a proven discovery track record, including the +20 Moz Kibali Mine (DRC) and the +3 Moz Sanutura Project (Burkina Faso).

Get access to more exclusive Gold Investing Stock profiles here

Featured Articles and Interviews
Press Releases
The Conversation (0)