Business
Sarama Resources Extends Strike Length of Anomalous Gold-In-Soil Trend to 15km and Intersects In-Situ Gold Mineralisation in Trenching Programs in Liberia
VANCOUVER , Jan. 13, 2014 /CNW/ - Sarama Resources Ltd. (" Sarama " or the " Company ") ...
About this update from Sarama Resources Ltd.
[{"type":"text","content":"\n\n\nVANCOUVER, Jan. 13, 2014 /CNW/ - Sarama Resources Ltd. (\"Sarama\" or the \"Company\") is pleased to announce that reconnaissance soil geochemistry surveys\n at its Cape Mount East exploration property in Liberia have\n successfully extended the anomalous gold-in-soil zone previously\n encountered at the Cape Mount exploration property to a total 15km\n along trend.  Follow-up trenching programs on the Cape Mount property,\n approximately 10km north of Aureus Mining Inc's New Liberty Gold\n Project, have returned several intervals of significant mineralisation,\n confirming the presence of in-situ gold mineralisation and reinforcing\n previously reported soil geochemistry results.\n\n\nHighlights\n\n\n\nWide-spaced soil geochemistry survey on Sarama's Cape Mount East\n exploration property has extended the existing 9km-long anomalous\n gold-in-soil zone delineated on the Cape Mount exploration property\n (Sarama 80% interest, earning to 90%) by another 6km, bringing the\n total length of the trend to approximately 15km.\n\n\nTrenching across the 9km-long anomalous gold-in-soil zone on the Cape\n Mount exploration property returned numerous wide, low-grade intervals\n with narrower higher-grade internal sections including:\n\n\n\n16m @ 1.74g/t Au, including 10m @ 2.55 g/t Au in CMTR037\n\n\n42m @ 0.63g/t Au, including 10m @ 1.44g/t Au in CMTR025\n\n\n47m @ 0.54g/t Au, including 4m @ 1.14 g/t Au in CMTR024\n\n\n17m @ 0.63g/t Au, including 6m @ 1.13 g/t Au in CMTR026\n\n\n6m @ 2.30g/t Au in CMPT003 (trench ended in mineralisation)\n\n\n\nTrenching program confirms the presence of gold within oxidised in-situ\n bedrock along the full 9km-long anomalous gold-in-soil zone on the Cape\n Mount exploration property, highlighting the exploration potential.\n\n\nReconnaissance drill program planned for several target areas on Cape\n Mount exploration property.\n\n\nAnomalous gold-in-soil trend is situated approximately 10km north of\n Aureus Mining Inc's New Liberty Gold Project which is currently being\n constructed.\n\n\nTrenching at Sarama's Gbarpolu exploration property returned high grade\n intersections including:\n\n\n\n7m @ 13.11g/t Au, including 1m @ 58.7g/t Au and 1m @ 30.4g/t Au in\n BPTR003\n\n\n4m @ 4.63g/t Au in BPPT2 (trench ended in mineralisation)\n\n\n\n\nCape Mount Project Exploration\n\n\nSarama's exploration...