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Sarama Resources Reports Final Q2 2017 Drill Results for Karankasso Project
VANCOUVER, BC--(Marketwired - August 21, 2017) - Sarama Resources Ltd. (the "Company" or "Sarama") (TSX VENTURE: SWA) advises that Savary Gold Corp. ("Savary"),
About this update from Sarama Resources Ltd.
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - August 21, 2017) - Sarama Resources Ltd. (the \"Company\" or \"Sarama\") (TSX VENTURE: SWA) advises that Savary Gold Corp. (\"Savary\"), the operator of the Karankasso Project Joint Venture4 between Sarama and Savary, released exploration results from a drill program conducted during Q2 2017. The drilling was undertaken across multiple target zones within the Karankasso Project area and further details of these drill results, including sampling and QA/QC procedures, are contained in Savary's news release dated August 21, 2017. Sarama has not specifically verified Savary's data using a Qualified Person as Savary is the operator of the Karankasso Project Joint Venture and Sarama is relying on their Qualified Person's assurance that procedures have been followed and data being provided is valid. Sarama's President and CEO, Andrew Dinning, commented: \"Sarama has interests in a suite of projects in the southern part of the Houndé Belt which between them have the potential to form the basis of a future mine development. This year, over C$8M of exploration is budgeted across these projects and Sarama is very optimistic that with this exploration plus the addition of more properties, the Company's share of regional resources will grow and further underwrite future development. At the Karankasso Project we look forward to the improved confidence in certain areas of the mineral resource that the recent drilling results will bring. Sarama also looks forward to further testing of early-stage exploration targets on the Serakoro 1 Property.\" ABOUT SARAMA RESOURCES LTD Sarama Resources Ltd (TSX VENTURE: SWA) is a West African focused gold explorer with substantial landholdings in Burkina Faso. Sarama is focused on consolidating under-explored landholdings in Burkina Faso and other established mining jurisdictions. Sarama's flagship properties are situated within the Company's South Houndé Project area in south-west Burkina Faso. Located within the prolific Houndé Greenstone Belt, Sarama's exploration programs have built on significant early success to deliver an inferred mineral resource estimate of 2.1 Moz gold2. Acacia Mining plc is earning up to a 70% interest in the South Houndé Project by satisfying certain conditions, including funding earn-in expenditures of up to US$14 million, over a 4-year earn-in peri...