Business
Sarama Resources - Drilling Highlights Growth Potential at Sanutura Project
Early-Stage Targets at Kenobi and Djimbake Prospects Deliver Promising Results PERTH, AUSTRAL...
About this update from Sarama Resources Ltd.
[{"type":"text","content":"Sarama Resources – Drilling Highlights Growth Potential at Sanutura ProjectEarly-Stage Targets at Kenobi and Djimbake Prospects Deliver Promising ResultsPERTH, AUSTRALIA and VANCOUVER, BC / ACCESSWIRE / December 14, 2022 / Sarama Resources Ltd. (\" Sarama \" or the \" Company \") (ASX:SRR, TSX-V:SWA) is pleased to announce that exploration drilling at its 100%-owned (4) , multi-million-ounce Sanutura Project (the \" Project \") has returned several encouraging near-surface intersections of new mineralisation in the south of the Tankoro Mineralised Corridor.The reported drilling totals 2,900m and was primarily focussed on testing for new mineralisation in lightly-drilled areas of the Kenobi, Djimbake and Obi Prospects. The results represent the sixth discovery of additional/extensional mineralisation since the commencement of the ongoing +50,000m drill program and continue to demonstrate the strong potential to grow the oxide component of the Project's 0.6Moz Au (Indicated) plus 2.3Moz Au (Inferred) (1) mining shape constrained Mineral Resource.HighlightsNew, near-surface mineralisation intersected in the south of the Tankoro Mineralised CorridorHighlighted downhole intersections from new assays include:5m @ 7.05g/t Au (incl 1m @ 25.60g/t Au) from 9m in TAA173;22m @ 1.52g/t Au from 22m in TAA278;10m @ 1.33g/t Au from 23m in TAR059;14m @ 1.20g/t Au from 10m in TAA178;6m @ 1.90g/t Au from 15m in TAA171; and6m @ 1.49g/t Au from 7m in TAA141.Intersections of new mineralisation are in shallow, oxide material with high potential to add to the oxide and transition component of the Mineral Resource, currently standing at 0.2Moz Au (Indicated) plus 0.8Moz Au (Inferred) (2)New mineralisation is outside the existing Mineral Resource and show clear potential to expand its footprintFurther results to be released in due courseFollow-up drilling, including greenfields exploration drilling, expected to commence in 2023Sarama's President, CEO & MD, Andrew Dinning commented:\"These most recent drill results continue to support our view that significant potential remains to make new discoveries outside the existing Mineral Resource in the Tankoro Mineralised Corridor, which stretches over 16km in length and is up to 1.7km in width. Previously released results align with this theme, as do the strong grades and widths of mineralisation in ...