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Sarama Resources Ltd.
Summary
| Project: | ThreeBee | |
|---|---|---|
| Deposit: | Bamako 2 | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 1/30/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-1-2020: Sarama Resources Ltd. announces an Exploration/Drilling Update report for its Bamako 2 deposit at the ThreeBee project. Drilling results incl. 8m @ 18.40g/t Au from 42m. VANCOUVER, CANADA. Sarama Resources Ltd. (“Sarama” or the “Company”) (TSX- | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Guy Scherrer (Internal) | |
| ABSTRACT: | VANCOUVER, CANADA. Sarama Resources Ltd. (“Sarama” or the “Company”) (TSX-V:SWA) is pleased to announce reconnaissance drilling has intersected a new zone of high-grade gold mineralisation at its Bamako 2 Property (“Bamako 2” or the “Property”) in south-western Burkina Faso. The discovery was part of a 2,000m reverse circulation (“RC”) reconnaissance drilling program targeting gold-in-soil anomalism and historical artisanal gold workings. The program is the first drilling to be conducted on the Property in approximately 7½ years. The 119km² Property is part of the Company’s 100%-owned(4) ThreeBee Project (refer Figure 1). Sarama believes it has the potential to contribute high-grade feed to a possible central processing facility as part of an eventual regional project development in the southern Houndé Belt involving the Company’s combined South Houndé and ThreeBee Projects. Further field mapping and geological interpretation will be undertaken in Q1 2020 to support follow-up drilling in these newly drilled areas as well as in areas with historical high-grade drill intersections. | |
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