Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Savary Gold SVVYF

"Savary Gold Corp is a Canadian exploration company. The company operates in the operating segment of acquisition, exploration, and evaluation of properties. The group is focused on the exploration and evaluation of its Karankasso gold project located in Burkina Faso, Africa. The property includes five exploration licences totaling around 688 square kilometer."


GREY:SVVYF - Post by User

Bullboard Posts
Post by Czechlateon Dec 19, 2014 12:33pm
76 Views
Post# 23249359

SCA has 500sq kms of excellent ground..proven gold belt

SCA has 500sq kms of excellent ground..proven gold beltThis property that SCA has JVed with SWA is prime ground in a proven gold belt. It is right next to the ground that SWA just signed JV deal with Acacia (African Barrick) on. Barrick already has drills turning on that ground two weeks after closing deal. Look at some of the past results and the sampling results that SCA and SWA just did. For 2.5 cents this is a no brainer buy !!

TORONTO, ONTARIO--(Marketwired - Dec. 15, 2014) -Savary Gold Corp. (TSX VENTURE:SCA) ("Savary") and Sarama Resources Ltd. (TSX VENTURE:SWA) ("Sarama") announce new grab sample assay results from a recently completed field program on the Karankasso JV Project in southwestern Burkina Faso (see figure below). The 750 square kilometre Karankasso property is a 65/35 joint venture with Savary as operator. A summary of significant results are as follows:
  • 2.11 g/t gold - New zone, Karan Trend - Highway quartz porphyry zone, not drilled
  • 2.20 g/t gold - New zone, Kuere West zone - not drilled
  • 5.50 g/t gold - Kien West zone southern extension, not drilled
  • 3.29 g/t gold - Kien West zone southern extension, not drilled
  • 50.75 g/t gold - New zone southwest of Kueredougou West, not drilled
  • 3.74 g/t gold - New zone, Kueredougou West southern extension, not drilled
  • 1.63 g/t gold - New zone west of Kueredougou West, not drilled
  • 2.86 g/t gold - New zone, Kuere West trend, not drilled
  • 24.90 g/t gold - New zone, Koure Trend, new zone, not drilled
  • 28.25 g/t gold - New zone, Koure Trend, new zone, not drilled
  • 5.4 g/t gold - New zone, 400 m west of Koure trend, not drilled
  • 4.54 g/t gold - New zone, 250 m west of Koure trend, not drilled
  • 12.48 g/t gold - New zone, 450 m west of Koure trend, not drilled
  • 23.4 g/t Au - Serakoro 1 West zone, drill follow-up required
  • 11.55 g/t gold - New zone, Karan trend, not drilled
  • 13.5 g/t gold - New zone, Sera W trend, not drilled
Highlights of this work include the following target areas:
  • Recognition of numerous, new gold occurrences over a wider than previously realized area, ranging from five to eight kilometres wide, and that likely extends for the length of the concession package, a distance of approximately 45 km. In addition to the dominant trends of gold mineralization, numerous gold-bearing sub-structures have been indentified between the larger scale structures.
  • Discovery of several new zones of felsic intrusion hosted gold mineralization along the Sera W and Karan mineralization trends proximal to the western margin of the Houndé Belt.
    • one zone, that intersects the highway, returning grab samples of quartz veined felsic intrusion that returned 2.11 and 1.92 g/t Au from two historic mining areas 430 metres by up to 40 metres wide and 470 metres by up to 50 metres wide, respectively.
  • Discovery of the Koure Trend mineralization - samples from different mineralized artisanal mining zones along a 3.8 km strike returned values of 24.8 g/t Au, 28.25 g/t Au and 1.25 g/t Au. This trend has never been drill tested and contains the visually strongest gold-bearing mineralization on the property.
  • Discovery of several untested artisanal mining zones, with widths ranging up to 35 metres wide, located 900 metres south of the recently reported Kueredougou West zone.
  • Identification of likely structural controls for gold mineralization in the Serakoro 1 West zone where previous drilling returned 3.7 g/t Au over 27.0 metres and high gold values in an altered felsic intrusion returned up to 23.4 g/t Au from outside the drill tested area.
  • Discovery of a new zone of intensive artisanal mining in the northwest corner of the Serakoro 1 property that returned an assay of 13.5 g/t Au.
  • Discovery of the untested, up to 35 metres wide, Kuere West trend that can be traced for 8.2 kilometres via a series of artisanal mining areas. Samples from this trend returned up to 2.86 g/t Au.
"Once again the Karankasso project results exceeded our expectations" stated Don Dudek, President and CEO of Savary "Recently completed field work has not only demonstrated additional mineralization along known gold mineralized trends, but has also resulted in the discovery of several new multi-kilometre long gold mineralization trends which host 24 new gold zones that have returned values of greater than 1.0 g/t gold as well as several large areas of gold mineralization, that individually display size, grade and alteration characteristics which could result in a material discovery."
From November 18th to 30th, Savary and Sarama completed a reconnaissance field program covering the 750 square kilometre Karankasso Project area.

PAST DRILL RESULTS >>>>>>>>>>>>>>>>>>>


Historic Holes Return 2.90 g/t Gold Over 21.0 Meters

TORONTO, ONTARIO--(Marketwired - Oct. 1, 2014) - Savary Gold Corp. (TSX VENTURE:SCA) ("Savary") announce newly documented results of historic drill intercepts on the Kueredougou West zone on the Houndé South property in southwestern Burkina Faso (see figure). The Hounde South property forms part of the recently announced joint venture between Savary (65%) and Sarama Resources Ltd (35%). Savary is the operator of the joint venture.
A summary of significant results* are as follows:
  • 2.90 g/t gold over 22.0 metres - RC hole
  • 1.75 g/t gold over 8.0 metres - RC hole
  • 1.64 g/t gold over 20.0 meters - RC hole
  • 1.42 g/t gold over 14.0 metres - RC hole
  • 9.38 g/t gold over 2.0 meters - RC hole
  • 1.91 g/t gold over 21.0 metres - RAB hole
  • 1.73 g/t Au over 6.0 metres - RC hole
* These results are based on historic drill data that cannot be validated without re-drilling select holes as no reverse circulation chips are available for review. A summary of the assay composites are provided at the end of this release.
Don Dudek, President and CEO of Savary commented "These historic intercepts recently came to our attention during our continued review the property data with a goal toward developing a cost effective exploration program. These new results further emphasize what we perceive is the excellent exploration potential of the Houndé South property. To date we have not found the limits of any of the gold-bearing systems with the major gold-in-soil trends demonstrating the potential extent of individual mineralized trends. Thus it is with confidence that Savary, along with our partners Sarama look forward to validating these results with follow-up holes of our own, further testing and extending the known zones and the discovery of new centres of gold mineralization."




Bullboard Posts