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Sarama Resources Intersects 23m @ 4.26g/t Gold at Sanutura Project

Drilling Confirms Near-Surface, High-Grade Zones Within Tankoro Deposit PERTH, AUSTRALIA / VA...

articleSarama Resources Ltd.February 27, 20235/company/sarama-resource/news/sarama-resources-intersects-23m-426gt-gold-at-sanutura-project
Sarama Resources Intersects 23m @ 4.26g/t Gold at Sanutura Project

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[{"type":"text","content":"Sarama Resources Intersects 23m @ 4.26g/t Gold at Sanutura ProjectDrilling Confirms Near-Surface, High-Grade Zones Within Tankoro DepositPERTH, AUSTRALIA / VANCOUVER, BC / ACCESSWIRE / February 27, 2023 / 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 confirmed the presence of high-grade mineralisation within the central area of the Tankoro Deposit, with new downhole intersections from recent drilling including 23m @ 4.26g/t Au, 18m @ 3.63g/t Au and 11m @ 4.33g/t Au being returned.Notably, the new results confirm the presence of a high-grade mineralised zone extending for 700m along strike and high-grade oblique mineralisation within the central area of the Tankoro Deposit. This area accounts for approximately 80% of the Mineral Resource for the deposit and is currently the economic focal point of the Project.The reported drilling totals approximately 5,400m and reflects the balance of unreported assays of a multi-purpose drill program completed in H2 2022 which was primarily focussed on testing for new, near-surface mineralisation within the Tankoro Deposit. The successful program has delivered numerous high-grade discoveries which are anticipated to grow the oxide component of the Project's 0.6Moz Au (Indicated) plus 2.3Moz Au (Inferred)(1) mining shape constrained Mineral Resource.HighlightsExtensive zones of high-grade mineralisation continue to be intersected within the Tankoro DepositHighlighted downhole intersections from new assays include:23m @ 4.26g/t Au from 30m in TAR044;18m @ 3.63g/t Au from 24m in TAR043;11m @ 4.33g/t Au from 30m in TAA320;26m @ 2.09g/t Au from 2m in TAA318;15m @ 2.37g/t Au from 7m in TAA321;18m @ 2.02g/t Au from 21m in TAA362; and22m @ 1.74g/t Au from 25m in TAA413.Significant zone of high-grade mineralisation delineated over a strike length of 700mOblique lodes continue to demonstrate enriched grade, highlighting value potentialDrill results support strike extensions for several mineralised lodesIntersections are in near-surface oxide material with potential to provide early feed in any mine developmentIntersections enhance confidence level of the near-surface oxide and transition component of the Mineral Resource, currently standing at a su...

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