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Sarama Resources Establishes New 100% Owned 600KM2 Exploration Position at its Koumandara Project in Burkina Faso
(via TheNewswire) VANCOUVER, CANADA / TheNewswire / February 2, 2018 - Sar...
About this update from Sarama Resources Ltd.
[{"type":"text","content":"Sarama Resources Establishes New 100% Owned 600KM2 Exploration Position at its Koumandara Project in Burkina Faso(via TheNewswire)\n \n \nVANCOUVER, CANADA / TheNewswire / February 2, 2018 - Sarama Resources Ltd. (\"Sarama\" or the \"Company\") (TSX-V:SWA) is pleased to announce that it has established a new and significant exploration position at its 100% owned(5) Koumandara Project (the \"Project\") in south-west Burkina Faso (refer Figure 1).\n\n\n \nThe new 602km? land positon, located in the Banfora Greenstone Belt (refer Figure 2), was assembled by Sarama entering into agreements to acquire 4 mineral properties which complement Sarama's recently granted Nya-Nou exploration permit.\n\n\n \nSarama considers the Banfora Belt to be highly prospective for gold, yet relatively underexplored. Reviews of historical work conducted by Sarama and previous operators within the Project area indicate regionally extensive gold occurrences. These kilometre-scale trends are marked by drilling, large-scale artisanal mining centres and extensive gold-in-soil anomalism along corridors that coincide with a district-scale litho-structural 'break' interpreted as a regional-scale shear zone. A number of the geological characteristics identified by Sarama are seen in the neighbouring Hounde Belt and are considered important for the formation of economic gold deposits.\n\n\n \nHighlights\n\n \n \n\n\n\n\n\n\n- 602km2 semi-contiguous project area in the Banfora Belt in south-west Burkina Faso.\n\n\n\n- Sarama's interests will be 100%, upon the closing of transactions(5).\n\n\n\n- Project area overlies a 45km-long section of a district-scale litho-structural break (\"Banfora East Shear Zone\") which Sarama considers significant in terms of gold emplacement.\n\n\n\n- Gold-in-soil anomalism extending over 43km-long x 10km-wide corridor, with approximately 25km untested by historical geochemical surveys.\n\n\n\n- The Banfora Greenstone Belt extends from central Cote d'Ivoire where it hosts Perseus Mining's large Yaoure mine development project.\n\n\n\n- Banfora East Shear Zone resembles the Boni Shear Zone of the Hounde Belt which is spatially associated with several significant high-grade gold deposits/projects including Yaramoko, Siou, Bondi and Golden Hill.\n\n\n\n- Exploration is targeting multiple styles of mineralisation, but predominantly large, ...