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Sarama Resources Announces Assay Results from Bamako 2 Drill Program in South-West Burkina Faso
VANCOUVER, BC / ACCESSWIRE / January 30, 2020 / Sarama Resources Ltd. (" Sarama " or the "...
About this update from Sarama Resources Ltd.
[{"type":"text","content":"Sarama Resources Announces Assay Results from Bamako 2 Drill Program in South-West Burkina FasoVANCOUVER, BC / ACCESSWIRE / January 30, 2020 / Sarama Resources Ltd. (\"Sarama\" or the \"Company\") (TSXV:SWA) is pleased to announce reconnaissance drilling has intersected a new zone of high-grade gold mineralisation at its Bamako 2 Property (\"Bamako 2\" or the \"Property\") in south-western Burkina Faso. The discovery was part of a 2,000m reverse circulation (\"RC\") reconnaissance drilling program targeting gold-in-soil anomalism and historical artisanal gold workings. The program is the first drilling to be conducted on the Property in approximately 7½ years.The 119km² Property is part of the Company's 100%-owned(4) ThreeBee Project (refer Figure 1). Sarama believes it has the potential to contribute high-grade feed to a possible central processing facility as part of an eventual regional project development in the southern Houndé Belt involving the Company's combined South Houndé and ThreeBee Projects.Further field mapping and geological interpretation will be undertaken in Q1 2020 to support follow-up drilling in these newly drilled areas as well as in areas with historical high-grade drill intersections.HighlightsReconnaissance drill program consisted of 21 RC holes, totalling 2,000m. Full results are listed in Appendix A with significant intersections including:18m @ 1.20g/t Au from 44m in BAR003, including 2m at 5.47g/t Au from 56m;8m @ 18.40g/t Au from 42m in BAR004, including 1m at 139g/t Au from 45m; and12m @ 0.99g/t Au from 32m in BAR007, including 1m at 6.94g/t Au from 39m.Strike length of surface-mapped mineralisation established at over 3km in strike lengthMineralisation associated with a north to north-westerly striking quartz vein system associated with shearing and significant wallrock alteration consisting of silica-sericite-pyriteThe discovery of high-grade mineralisation further supports Sarama's regional development plan for the southern Houndé Belt which features a low capital intensity, high-return project configuration focussed initially on oxide and free-milling materialSarama's President and CEO, Andrew Dinning, commented:\"We are pleased to have resumed exploration at the Bamako 2 Property and are encouraged by the discovery of this new zone of high-grade mineralisation. Whi...