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Sarama Resources Ltd V.SWA

Alternate Symbol(s):  SRMMF

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 Sanutura Project is located approximately 350 kilometers (km) southwest of Ouagadougou. The Project covers approximately 1,454 square kilometers (km2) of prospective greenstone terrane. The Company holds approximately 17.52% holding in Joint Venture BFI Inc., which holds the exploration and evaluation asset pertaining to the Karankasso Project in Burkina Faso. 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 Company also has an 80 % interest in the Cosmo Newbery Gold Project in Western Australia, and consists of seven contiguous exploration tenements covering approximately 580km2 in the Eastern Goldfields of Western Australia, 85km north-east of Laverton and 95km west Gruyere Gold Mine.


TSXV:SWA - Post by User

Comment by templetooth2on Nov 24, 2021 2:48pm
127 Views
Post# 34162611

RE:RE:Strange stock.

RE:RE:Strange stock.
So, Phil, besides African Gold, what other candidates would warrant comparison?

Agreed that Endeavour's interest should be put into the "canard" category. Actually, they should throw a few $ at the Ozzie new issue just to help it succeed. They could possibly use another junior candidate to take off their hands some of the properties that just aren't going to make the grade.

If I ever knew, I've long since forgotten what the resource endowment is at Endeavour's Bantou property. Strikes me that if there's an indication of a million or so ounces there, it would make big sense to combine that with Sarama's stuff.
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