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Reconnaissance Field Program Reinforces Prospectivity of the Karankasso Project JV in Burkina Faso
VANCOUVER , Dec.16, 2014 /CNW/ - Sarama Resources Ltd. (" Sarama " or the " Company ") is p...
About this update from Sarama Resources Ltd.
[{"type":"text","content":"\n\nVANCOUVER, Dec.16, 2014 /CNW/ - Sarama Resources Ltd. (\"Sarama\" or the \"Company\") is pleased to advise that Savary Gold Corp. (\"Savary\"), the operator of the Karankasso Project Joint Venture (\"JV\") between Sarama and Savary, provided an update on December 15, 2014 of exploration findings and grab sample assay results from a recently completed reconnaissance field program on the Karankasso Project  JV in south-western Burkina Faso (see Figure 1 below).\n\nThe reconnaissance field program covered the 750km² Karankasso Project JV area where previous exploration has identified several  zones of gold mineralisation and prospective targets. Significant findings included the discovery of a number of new artisanal mining sites and the identification of several parallel trends within a belt 5-8km wide extending for a distance of 45km along strike. Multiple new zones of gold mineralisation were also identified and grab sampling returned grades up to 50.8g/t Au.\n\nThe field program was undertaken to improve the understanding of the controls on the previously identified zones of gold mineralisation, evaluate recently discovered artisanal mining sites and ground truth anomalous gold-in-soil zones. The results of this program will be used to plan the next phases of exploration.\n\nSarama's President and CEO, Andrew Dinning commented:\n\n\"We are pleased with the results of this reconnaissance program, particularly the identification of a number of new zones and trends which when combined with the significant length of the mineralised corridor represents a significant target area and underscores the exploration potential of the project.\"\n\nFor further information on the Company's activities, please contact: \n\nAndrew Dinning or Paul Schmiede e: [email protected] t: +61 (0) 8 9363 7600\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\nFigure 1  Rock Chip Sampling Results at Karankasso Project JV \n\nAbout Sarama Resources Ltd \n\nSarama Resources Ltd (TSX-V: SWA) is a West African focused gold explorer with substantial landholdings in Burkina Faso, Liberia and Mali.\n\nSarama's flagship property is the South Houndé Project in south-west B...