Business
Sarama Resources to Acquire Additional 338km² Exploration Properties on the Banfora Belt in Burkina Faso
TSX-V Ticker: SWA SWA.WT VANCOUVER, Aug. 27, 2012 /CNW/ - Sarama Resources Limited ...
About this update from Sarama Resources Ltd.
[{"type":"text","content":"\n\n\n\n\n\nTSX-V Ticker: SWASWA.WT\n\n\nVANCOUVER, Aug. 27, 2012 /CNW/ - Sarama Resources Limited (\"Sarama\" or the \"Company\") is pleased to report that it has entered into an agreement to acquire\n two exploration properties, totalling 338km² in area, located on the\n Banfora Belt in south-western Burkina Faso, West Africa.\n\n\nHighlights\n\n\nSarama has entered into an agreement to acquire a 100% interest in two\n contiguous exploration properties, Nyarafo and Noumoudara (the\n \"Properties\"), located on the prospective Banfora Belt in south-western\n Burkina Faso.\n\nThe Properties cover a combined land area of 338km² and are adjacent to,\n and along trend from, Sarama's existing Tiéfora Nord exploration\n property.\n\nPrevious exploration work conducted by the vendor on the Properties,\n which is subject to confirmation by Sarama, includes a 19 hole, 2,300m\n scout reverse-circulation (\"RC\") drilling program which yielded\n downhole intersection highlights including:\n\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nNyarafo Property\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nBF_08   \n\n\n13 m @ 2.87 g/t Au from 10m (including 10m @ 3.59 g/t Au) and\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n4 m @ 10.59 g/t Au from 30m (including 1m @ 40.80g/t Au)\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nBF_03 \n\n\n4 m @ 2.86 g/t Au from 9m and\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n8 m @ 1.08 g/t Au from 23m (including 1m @ 4.71 g/t Au)\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nBF_06 \n\n\n17 m @ 1.18 g/t Au from 12m (including 4m @ 3.49 g/t Au)\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nBF_07 \n\n\n6 m @ 1.08 g/t Au from 82m (including...