Sarama Resources Ltd. · TSXV:SWA
Sarama Resources — Investor Presentation (May 2022)
21 slides from Sarama Resources's investor presentation, May 2, 2022
Slide 1: Corporate Presentation May 2022
For personal use only May 2022 TSX-V:SWA ASX:SRR 0
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS For personal use only Information in this presentation that is not a statement of historical fact constitutes forward-looking information. Such forward-looking information includes statements with respect to the exploration and development plans of projects in which Sarama
Slide 3: Investment Highlights: Significant Exploration Upside & Large Undervalued Resource
INVESTMENT HIGHLIGHTS SIGNIFICANT EXPLORATION UPSIDE & LARGE UNDERVALUED RESOURCE For personal use only Large position in heart of two prolific gold belts in Burkina Faso 1 ▸ 1,887km2 land holding across two 100% owned project areas ▸ Sanutura Project located in one of West Africa’s most prospective
Slide 4: Corporate Overview: Experienced Board & Management Team
CORPORATE OVERVIEW EXPERIENCED BOARD & MANAGEMENT TEAM For personal use only BOARD CAPITAL STRUCTURE Simon Jackson Non Executive Chairman Common Shares (M) 137.9 Andrew Dinning Managing Director & CEO Warrants (M) 6.5 Adrian Byass Non Executive Director Options (M) 12.5 Steve Zaninovich Non Executiv
Slide 5: Burkina Faso: An Established Jurisdiction & Prolific Gold Producer
BURKINA FASO AN ESTABLISHED JURISDICTION & PROLIFIC GOLD PRODUCER For personal use only Iamgold • Established jurisdiction for ASX & TSX explorers (West African Resources, Orezone, Gryphon) • 12 gold mines in operation or development – CY21 gold production +2Moz(1) Endeavour Mining • Projects gettin
Slide 6: Multi-Project Exposure in Burkina Faso
MULTI-PROJECT EXPOSURE IN BURKINA FASO For personal use only SANUTURA PROJECT • 1,420km2 (100% owned) • Principal project • 0.6Moz (Indicated) & 2.3Moz (Inferred) Au Resource(1) • +50,000m(1) of shallow drilling planned - nearfield & regional • Visibility to a long-life CIL mine development KOUMANDA
Slide 7: Sanutura Project: Solid Resource Foundation with Significant Exploration Upside
SANUTURA PROJECT SOLID RESOURCE FOUNDATION WITH SIGNIFICANT EXPLORATION UPSIDE For personal use only PROJECT OVERVIEW • Two key deposits form the foundation of the Project: → Tankoro – 0.6Moz (Indicated) plus 1.9Moz (Inferred) Au(1) → Bondi – 0.5Moz (Inferred) Au(1) • Significant high-grade componen
Slide 8: Bondi Deposit: High Grades with Exploration Upside
BONDI DEPOSIT HIGH GRADES WITH EXPLORATION UPSIDE For personal use only OVERVIEW • 0.5Moz Au(1) Inferred mineral resource • +80,000m of historical drilling to a maximum depth of 300m • 6km strike and up to 30m in width • High grades & thick intersections fall within resource pit shapes • CIL recover
Slide 9: Bondi Deposit: New Resource Model Has Identified Multiple Opportunities
BONDI DEPOSIT NEW RESOURCE MODEL HAS IDENTIFIED MULTIPLE OPPORTUNITIES For personal use only • Stellar intersections from surface to depth with consistent widths & grades (3-5g/t Au) • Very well drilled in top 70-100m • Deeper drilling is sparse & doesn’t target higher-grade shoots effectively • Sys
Slide 10: Bondi Deposit: Immediate Resource Upside Converting Unclassified Material
BONDI DEPOSIT IMMEDIATE RESOURCE UPSIDE CONVERTING UNCLASSIFIED MATERIAL For personal use only US$1800/oz Resource Pit Shell Inferred = Light Blue Unclassified = Dark Blue Much of the pit shell is classification-limited at depth → Walk-up exploration targets 9
Slide 11: Tankoro Deposit: Large System with Established Multi-Million Ounce Resource
TANKORO DEPOSIT LARGE SYSTEM WITH ESTABLISHED MULTI-MILLION OUNCE RESOURCE For personal use only Overview • Huge system drilled for 16km strike length • 0.6Moz (Indicated) and 1.9Moz (Inferred) Au(1) resource • 70% of ounces within top 150m • A bulk of the strike tested to only 70m depth • Resource
Slide 12: Tankoro Deposit: MM & MC Prospects - Central Resource Area
TANKORO DEPOSIT MM & MC PROSPECTS - CENTRAL RESOURCE AREA For personal use only • MM & MC Prospects account for 80% of the metal in the Tankoro Mineralised System • NNE-trending zones characterised by disseminated gold-sulphide mineralisation throughout and deeper MM Prospect lenses of higher-grade
Slide 13: Sanutura Project: Regional Exploration Potential
SANUTURA PROJECT REGIONAL EXPLORATION POTENTIAL For personal use only • Scope for material increase in oxides & free milling fresh material • Upcoming exploration efforts focusing on increasing oxide and free-milling mineral resources with three high priority areas 1. Zanawa: Bondi Karankasso New
Slide 14: Koumandara Project: District-Scale Exploration Optionality
KOUMANDARA PROJECT DISTRICT-SCALE EXPLORATION OPTIONALITY For personal use only • Highly prospective, 467km², 100%-owned early-stage exploration project • Most prospective corridor overlies a 45km-long section of a district-scale litho-structural break • Soil geochemical surveys and auger and scout
Slide 15: Key Milestones & News Flow Potential
KEY MILESTONES & NEWS FLOW POTENTIAL For personal use only ASX listing & A$8M equity raise Led by Euroz Hartleys Complete PEA Optimise throughput/sizing Complete first phase Assess scheduling for stage one 50,000m drilling(1) campaign & stage two of development of drilling Tankoro & Bondi Deposits U
Slide 16: Strategic Drivers for Investment
STRATEGIC DRIVERS FOR INVESTMENT For personal use only Strategic position in Multi-million ounce Abundant exploration Compelling valuation High impact program heart of two prolific gold resource targets to drive high- on comparable to commence Burkina Faso gold margin resource metrics immediately be
Slide 17: Thank You
For personal use only THANK YOU Andrew Dinning Paul Schmiede President and CEO VP Corporate Development Sarama Resources Ticker: ASX: SRR TSX-V: SWA Email: info@saramaresources.com
Slide 18: Additional Technical Details
Additional Technical Details For personal use only 1. Sanutura Project Mineral Resource Estimate - 9.4Mt @ 1.9g/t Au for 0.6Moz Au (Indicated) plus 52.7Mt @ 1.4g/t Au for 2.3Moz (Inferred), aggregating the Tankoro and Bondi Deposits, reported at cut-off grades ranging 0.2-1.6g/t Au, reflecting the m
Slide 19: Qualified and Competent Persons' Statement
Additional Technical Details For personal use only QUALIFIED AND COMPETENT PERSONS’ STATEMENT Scientific or technical information in this disclosure that relates to quotation of the combined Mineral Resource Estimate for the Sanutura Project is based on and fairly represents information and supporti
Slide 20: Qualified and Competent Persons' Statement
Additional Technical Details For personal use only QUALIFIED AND COMPETENT PERSONS’ STATEMENT Scientific or technical information in this disclosure that relates to metallurgical testwork for the Tankoro Deposit and potential processing flowsheets for the Sanutura Project is based on and fairly repr
Slide 21: Project And Attributable Mineral Resources
Project And Attributable Mineral Resources For personal use only Sanutura Project Category Material Type Cut-off (g/t Au) Tonnes (Mt) Grade (g/t Au) Contained Metal (koz Au) Oxide & Transition (OP) 0.2-0.3 3.2 1.6 161 Fresh (OP) 0.5 6.1 2.1 409 Indicated Sub-total (OP) 9.3 1.9 570 Fresh (UG) 1.6 0.1