Sarama Resources Ltd. · TSXV:SWA
Sarama Resources — Investor Presentation (June 2024)
14 slides from Sarama Resources's investor presentation, Jun 17, 2024
Slide 1: Introducing Cosmo Newbery: One of the Last Unexplored Greenstone Belts in WA
TSX-V: SWA ASX: SRR For personal use only SARAMA RESOURCES INTRODUCING COSMO NEWBERY ONE OF THE LAST UNEXPLORED GREENSTONE BELTS IN WA June 2024 0
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, but is not limited to, For personal use only information with respect to Sarama Resources Ltd’s (“Sarama” or the
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS 50KM UNEXPLORED GREENSTONE BELT IN WA + 0.5M OZ OF GOLD IN WEST AFRICA For personal use only 1 Sarama has signed a Non-Binding MOU to acquire the Cosmo Newbery Project, highlights include: • Project situated on one of the last unexplored greenstone belts in Western Australia 2
Slide 4: Cosmo Newbery Project Location
COSMO NEWBERY PROJECT LOCATION LOOKING FOR GOLD IN AN AREA SURROUNDED BY GOLD For personal use only * All geologic information taken from public source geoview.dmp.wa.gov.au/geoview. Resource numbers rounded to nearest million based on publicly available information 3
Slide 5: Exploration Opportunity
EXPLORATION OPPORTUNITY LARGE AND PROSPECTIVE SYSTEM WITH MULTIPLE TARGETS TO BE TESTED For personal use only • Cosmo Newbery greenstone belt has clear gold showings and strong geological and structural similarities to the adjacent Dorothy Hills greenstone belt which hosts the +7Moz Gruyere gold dep
Slide 6: Why Is It Unexplored?
WHY IS IT UNEXPLORED? DECADES OF LOST OPPORTUNITY For personal use only Native Title and Access Agreements • The Cosmo Project lies within a Reserve where determining Native Title was a protracted process • Following determination of Native Title, both Access Agreements and then Ministerial Consent
Slide 7: Additional Layers of Value
ADDITIONAL LAYERS OF VALUE BURKINA FASO ASSETS BEING BROUGHT TO ACCOUNT For personal use only • Maximising the value of the 0.5Moz (Inf)1 Bondi Gold Deposit • Extracting value from Sarama’s ~18% interest in the 0.7Moz gold (Inf)1 Karankasso Project joint venture with Endeavour Mining • Leveraging si
Slide 8: Cosmo Newbery MOU
COSMO NEWBERY MOU A. The Company has signed a non-binding Memorandum Of Understanding1 with Cosmo Gold and Adelong Gold to For personal use only acquire the Cosmo Newbery Project. The agreement will be translated into a definitive agreement and close upon the meeting of certain Conditions Precedent
Slide 9: Corporate Overview
CORPORATE OVERVIEW EXPERIENCED BOARD & MANAGEMENT TEAM For personal use only BOARD CAPITAL STRUCTURE PRE RAISE POST RAISE Simon Jackson Non Executive Chairman Common Shares (M) 183.9 233.9 Andrew Dinning Managing Director & CEO Warrants and Options (M)1 26.9 26.9 Adrian Byass Non Executive Director
Slide 10: Use of Proceeds and Next Phase
USE OF PROCEEDS AND NEXT PHASE CONSOLIDATE COSMO NEWBERY AND EXTRACT VALUE FROM AFRICAN ASSETS For personal use only Use of funds • General working capital requirements including the completion of due diligence, finalising all necessary agreements and garnering necessary exchange and shareholder app
Slide 11: For personal use only
For personal use only Andrew Dinning Paul Schmiede President and CEO VP Corporate Development Sarama Resources Ticker: ASX: SRR TSX-V: SWA Email: info@saramaresources.com
Slide 12: Additional Technical Details
Additional Technical Details 1. Bondi Deposit mineral resource – 9.2Mt @ 1.5g/t Au for 0.5Moz Au Inferred, reported at cut-off grades ranging 0.2-1.5g/t Au, reflecting the mining methods and For personal use only processing flowsheets assumed to assess the likelihood of the mineral resources to have
Slide 13: Qualified and Competent Persons' Statement
Additional Technical Details QUALIFIED AND COMPETENT PERSONS’ STATEMENT Scientific or technical information in this presentation that relates to the Mineral Resource Estimate for the Bondi Deposit is based on and fairly represents information and For personal use only supporting documents compiled b
Slide 14: Project and Attributable Mineral Resources
Project And Attributable Mineral Resources For personal use only Resource Area Category Material Type Cut-off (g/t Au) Tonnes (Mt) Grade (g/t Au) Contained Metal (oz Au) Bondi Deposit Inferred Oxide & Fresh 0.2-1.5 9.2 1.54 454,000 Karankasso Project JV1 Inferred Oxide & Fresh 0.43-0.86 12.7 1.73 70