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Sarama Provides Update on Karankasso JV Drilling Campaign in Burkina Faso
VANCOUVER , June 16, 2015 /CNW/ - Sarama Resources Ltd. (" Sarama " or the " Company...
About this update from Sarama Resources Ltd.
[{"type":"text","content":"\n\nVANCOUVER, June 16, 2015 /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 June 16, 2015, of the current exploration drilling program at the JV in south-western Burkina Faso. To date, Savary has completed approximately 10,000 metres of a planned 15,000 metre reverse circulation (\"RC\") drill program which has resulted in the discovery of several new gold zones and a number of significant gold mineralisation intercepts (see figure 1), the highlights of which are set out below.\n\nSavary's Summary Drill Results  \n\nKarangosso\n\n\n41m @ 3.33 g/t gold \n10m @ 6.61 g/t gold \n11m @ 2.02 g/t gold \n9m @ 2.30 g/t gold \n8m @ 1.97 g/t gold \n11m @ 1.94 g/t gold \n10m @ 1.79 g/t gold\n\nKueredougou untested – new Zone\n\n\n4m @ 13.89 g/t gold \n\nKueredougou West Trend – new zone\n\n\n9m @ 5.21 g/t gold \n8m @ 2.52 g/t gold \n\nKueredougou West zone\n\n\n15m @ 3.53 g/t gold \n\nSavary have noted that the current drill program has extended areas of known mineralization, discovered new mineralized zones and also returned the best drill intersection to date. Savary's current drill program is focused on identifying areas of high gold grades and delineating a material gold resource. Due to the encouraging results, Savary has designed a further drill program to immediately follow up these results.\n\nSarama's President and CEO, Andrew Dinning commented:\n\n\"We are pleased with the results of this drilling program, particularly the 'high grade' tenor of some of the intercepts and also the identification of several new gold zones. These results continue to support our belief that the southern Houndé Gold Belt is a great place to be and we look forward to continuing to work collaboratively with Savary and also the results from the next phase of drilling.\"\n\nFor further information on Savary's drilling campaign on the Karankasso Project JV, please see Savary's news release dated June 16, 2015.\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 ...