Sarama Resources Ltd. · TSXV:SWA
Sarama Resources — Investor Presentation (September 2019)
23 slides from Sarama Resources's investor presentation, September 2019
Slide 1: Corporate Presentation September 2019
CORPORATE PRESENTATION SEPTEMBER 2019
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS 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 of properties in which we have interests, mineral resou
Slide 3: Sarama Resources Investment Highlights
Sarama Resources Investment Highlights • Two project areas geologically and strategically well positioned in southwest Burkina Faso • Primary focus is the Southern Houndé Belt Project Area: ▪ Hosts the 2.1Moz1 Au*(Inf) South Houndé Project and the Bondi Deposit ▪ Scope for a near-term, low capex & h
Slide 4: Management And Capital Structure
Management And Capital Structure Andrew Dinning Chairman & CEO TSX-V: SWA Sean Harvey Non Executive Director Common Shares 250,659,987 Simon Jackson Non Executive Director Warrants 8,500,000 Options 17,020,000 Dave Groves Non Executive Director Key Managment Jack Hamilton VP Exploration Paul Schmied
Slide 5: Burkina Faso – A Prolific Gold Producer
Burkina Faso – A Prolific Gold Producer • 12 gold mines in operation or under development • Large, high quality holdings are scarce • Southern Hounde area is very active with Endeavour, Teranga and SEMAFO all making major recent discoveries • Banfora Belt very underexplored and ripe with opportunity
Slide 6: Multi-Project Exposure In Burkina Faso
Multi-Project Exposure In Burkina Faso Development Project Growth Project Southern Houndé Belt Development Area Koumandara Project 100% owned 100% owned 1,300km2 600km2 2.1Moz Au Inf. Resource +100km gold-in soil trends Historic resource on Bondi Deposit High tenor with 10 g/t Au in drilling & 4 g/t
Slide 7: Southern Houndé Area Development Potential
Southern Houndé Area Development Potential Near-Field Resource Growth Heap Leach Two-Stage CIL +500koz High-Grade Oxide & Free-Milling Fresh Oxide Development Base Case Concept Preferred Start-Up Simple, Oxide-Focussed Heap Leach Development Staged Oxide & Fresh Development Potential To Minimise Sta
Slide 8: Southern Houndé Area Development Base Case
Southern Houndé Area Development Base Case • Concept work indicates scope for a high-grade, high-return, simple, oxide- focussed development trucking satellite ore to a central processing facility • Ore feed sourced from South Houndé oxide/transition plus ThreeBee Project • Anticipate resource to re
Slide 9: Multi-Staged Development Concept
Multi-Staged Development Concept Stage 1 Stage 2 • Resource growth 7 years 4 years goal:1.7-1.9Moz* Au Resource Development oxide & Free Milling & Project Sizing • Technical Studies & Infill Drilling Construction Stage 1: Oxide BASE CASE & Start-up Oxide Material Install Hard Rock Fresh Stage 2: Fre
Slide 10: Near-Field Oxide & Free-Milling Resource Growth
Near-Field Oxide & Free-Milling Resource Growth Resource Infill: South Hounde & Bondi Resource Goal 1.7-1.9Moz* High Probability: Resource Extensions and additions at South Hounde & Bondi South Hounde 0.7-0.9Moz Bondi 0.5-0.7Moz Prospects: Zanawa, Ouangoro Corridor Prospects 0.2-0.3Moz Targets 0.2-0
Slide 11: Southern Houndé Area Resource Growth
Southern Houndé Area Resource Growth • 1,300km2, 100% owned* and well positioned geologically • Scope for material increase in oxides and free milling fresh material • Exploration efforts targeting: ▪ Extensional and additive work on South Houndé Project ▪ Extensional and additive work at the Bondi
Slide 12: Resource Growth – South Houndé Project
Resource Growth – South Houndé Project • Additive & extensional drilling in main corridor anticipated to add to oxide resource • Recent drilling has extended strike length of main mineralisation by 20% to 12km • Flat structures identified in several areas will have a positive impact on development •
Slide 13: Resource Growth - ThreeBee Project
Resource Growth - ThreeBee Project • Covers 660km2, 100% owned & well positioned geologically • Hosts the Bondi Deposit, Zanawa Prospect and historical high-grade drill results at Bamako • Bondi Deposit remains open in several directions • Initial testing of depth and strike extensions on the Bondi
Slide 14: Resource Growth – Zanawa Prospect
Resource Growth – Zanawa Prospect • New discovery situated 4km NE of Bondi Deposit • Scout AC & RC drill program yielded encouraging near– surface results including: • 22m @ 3.85g/t Au from 5m • 29m @ 1.44g/t Au from 1m • 5m @ 4.54g/t Au from 15m • Mineralisation extends >1km strike • Proximal to vo
Slide 15: Near Term Project Road Map
Near Term Project Road Map Amalgamation of South Roll Option Study into PEA Scope for low capex project development Hounde and ThreeBee Frame up preferred Project mineral resources development option Project mineral inventory requires upgrade & buffer Complete any outstanding technical support work
Slide 16: Exploration Optionality – Koumandara Project
Exploration Optionality – Koumandara Project Koumandara • 602km², 100% owned early stage exploration project • Good access to infrastructure – Bobo & power grid within 30km Mana Yaramoko • Gold mineralised corridor overlies a 45km-long section of a district-scale litho-structural break • High grades
Slide 17: Compelling Value In Multiple Areas
Compelling Value In Multiple Areas 1. Multi-Million Ounce Resource +2Moz1 Au and continuing to grow 2. Development Potential Development back-stopped by heap leach with potential for a multi-stage development 3. Exploration Potential Two large project areas both with exploration upside 4. Strategic
Slide 18: Recent Changes Having A Positive Impact On Sarama
Recent Changes Having A Positive Impact On Sarama ✓ Regaining 100% control of and recasting the 2.1Moz Au South Houndé Project ▪ Management can now lay out a plan to take the assets toward development ▪ Visibility to oxide-centric or a multi-stage development providing sound returns @ $1,200/oz Au ✓
Slide 19: Summary
Summary • Two project areas that are geologically and strategically well positioned in southwest Burkina Faso • Primary focus is the Southern Houndé Belt Project Area which: ▪ Hosts the 2.1Moz1 Au South Houndé Project and a sizeable historical resource at the Bondi Deposit ▪ Scope for a near-term, l
Slide 20: Thank You
THANK YOU
Slide 21: Additional Technical Details
Additional Technical Details MINERAL RESOURCE DETAILS 1. 43.0 Mt @ 1.5 g/t Au (reported above cut-off grades ranging 0.3-2.2 g/t Au, reflecting the mining methods and processing flowsheets assumed to assess the likelihood of the inferred mineral resources having reasonable prospects for eventual eco
Slide 22: Additional Technical Details
Additional Technical Details QUALIFIED PERSON’S STATEMENT 1. Scientific or technical information in this presentation that relates to the preparation of the Company’s mineral resource estimate is based on information compiled or approved by Adrian Shepherd. Adrian Shepherd is an employee of Cube Con
Slide 23: Project And Attributable Mineral Resources
Project And Attributable Mineral Resources1 SOUTH HOUNDÉ PROJECT (100%*) (INFERRED) Mt Au g/t Koz Au Att. Koz Au Au cut-off Oxide and Transition 16.0 1.2 611 611 0.3 - 0.8g/t Fresh 25.0 1.9 1,487 1,487 0.8 - 2.2g/t Total 41.0 1.5 2,098 2,098 KARANKASSO PROJECT (22%) (INFERRED) Total 12.3 2.03 805 17
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