Sarama Resources Ltd V.SWA

Alternate Symbol(s): SRMMF

Metals & Mining Gold

Sarama Resources Ltd. is an Australia-based gold explorer and developer. The Company is focused on establishing a new mining district in Burkina Faso. The Company’s projects include Sanutura Project, Karankasso Project and Koumandara Project. The Sanutura Project is located approximately 350 kilometers (km) southwest of Ouagadougou. Its 100% owned Sanutura and Koumandara Projects cover approximately 2,000 km2 of prospective and geologically greenstone terrane. The southern Sanutura Project area covers approximately 1,454 square kilometers of prospective greenstone terrane. The Karankasso Project is situated 130 km southwest of Endeavour Mining’s Mana Mine, Fortuna Silver’s Yaramoko Mine and approximately 60 km south of Endeavour Mining’s Hounde Mine. The Koumandara Project covers approximately 600 km2 and is situated in the northern Banfora Greenstone Belt, approximately 80 km west of Sarama’s Sanutura Project.

TSXV:SWA - Post by User

Sarama Resources Ltd > Big finds…

<< Previous

Bullboard Posts

Next >>

Comment by templetooth2on Sep 01, 2022 12:59pm

76 Views

Post# 34935827

RE:Big finds…

I haven't followed Endeavour for a year or so, but wouldn't it make more sense for them to gift Bantou to Sarama for shares?

I'm just assuming that the Sarama map is approximately correct with inferred resources of 1.5 M oz.

At this stage, 1.5 M inferred is just about meaningless to EDV. They need to build up a micro-cap to a small cap to which they can then vend their cast-offs. Similar to the process of Barrick selling Teranga to EDV for shares. (It was Teranga, wasn't it??)

<< Previous

Bullboard Posts

Next >>

Nine Mile Metals completes acquisition of 3 properties