Business
Sarama Resources Commences New Exploration Season in Burkina Faso
TSX-V Ticker:  SWA SWA.WT VANCOUVER, Oct. 22, 2012 /CNW/ - Sarama Resources Li...
About this update from Sarama Resources Ltd.
[{"type":"text","content":"\n\n\n\n\n\nTSX-V Ticker:  SWASWA.WT\n\n\nVANCOUVER, Oct. 22, 2012 /CNW/ - Sarama Resources Limited (\"Sarama\" or the \"Company\") reports that it has commenced exploration activities at the South\n Houndé and Banfora Projects in south-western Burkina Faso for the new\n exploration season following the finish of seasonal rains. \n Approximately 46,000m of drilling is planned for the first part of the\n season (to April 2013), including 6,000m of diamond and reverse\n circulation (\"RC\") drilling at the MM Prospect.\n\n\nHighlights\n\n\n46,000m drilling planned across Sarama's properties at the South Houndé\n and Banfora Projects.  Air-core (\"AC\") and rotary-air-blast (\"RAB\")\n drilling accounts for 55% of the total planned drill metres.\n\n6,000m of infill and extensional drilling to commence at the MM Prospect\n in preparation for a maiden resource estimate planned for the first\n half of 2013.\n\nScout drilling planned to test regional-scale gold-in-soil anomalies\n defined at the South Houndé Project.\n\nGround-based geophysical surveys planned at the Tankoro property to aid\n drill targeting in areas proximal to the MM Prospect.\n\nPermit-wide soil sampling and 2,500m RC drill program to commence at the\n recently acquired Banfora properties.\n\n\n\n\nMM Prospect Infill & Extensional Drilling and Ground Geophysical Survey\n\n\nFollowing the success of recent RC and diamond drilling at the MM\n Prospect on the Tankoro property, Sarama has planned infill and\n extensional drilling campaigns to better define the controls of grade\n distribution and to extend the interpreted mineralisation along strike,\n as well as, up and down dip.  The mineralised porphyry-dyke related\n system demonstrates a high degree of continuity, with a strike extent\n of over 1km and significant gold mineralisation continuing to be\n intersected to approximately 300m down-dip.  The stacked-lens style of\n the system (refer Figure 1) presents an opportunity to test for\n extensions to the mineralisation relatively quickly and in a cost\n effective manner.\n\n\nApproximately 6,000m of RC and diamond drilling is planned, which will\n support the estimation of a maiden resource, planned for the first half\n of 2013.  The drilling will generally focus on mineralisation down to a\n vertical depth of 200m...