Sarama Resources Ltd. · TSXV:SWA
Sarama Resources — Precious Metals Summit September 2015
18 slides from Sarama Resources's conference presentation, September 2015
Slide 1: Precious Metals Summit, September 2015
PRECIOUS METALS SUMMIT! SEPTEMBER 2015
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT Informa*on in this presenta*on that is not a statement of historical fact cons*tutes forward-‐looking informa*on. Such forward-‐ looking informa*on includes statements with respect to the explora*on and development of proper*es in which we have interests, our maiden miner
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS • Canadian-‐listed, Australian-‐run gold explorer focused on Burkina Faso • Building value through genera*ve, JV and transforma*ve ac*vi*es • Significant land holdings in the well-‐endowed and underexplored Houndé gold belt • Greenfields gold discovery at the South Houndé Proj
Slide 4: Board and Executive Team
BOARD AND EXECUTIVE TEAM • Accomplished ore finders, project developers and operators • Strong track record of delivering results & convic*on to succeed again • Management team behind the discovery of the 22Moz Moto Gold deposit which is now in produc*on and producing +600Koz/yr Andrew Dinning Presid
Slide 5: Ownership & Capital Structure
OWNERSHIP & CAPITAL STRUCTURE • Tight capital structure • Management own 24% of the company • Suppor*ve ins*tu*onal shareholder base • Kinross Gold & Sun Valley Gold were shareholders before the IPO TSX – V SWA Major Shareholders FSE 48S Common Shares 87,152,260 Management 24% Warrants ($0.20) 10,49
Slide 6: Approach in Current Markets
APPROACH IN CURRENT MARKETS • Business plan revised to beqer manage current market condi*ons and keep dilu*on to minimum while s*ll advancing company interests • U*lise Acacia’s balance sheet to minimise Sarama’s cash burn • Build value through four areas: 1. Genera)ve – consolidate the company’s po
Slide 7: Burkina Faso Focus
BURKINA FASO FOCUS • ~2,000Km2 in SW Burkina • Primary focus is Sth Houndé Belt • Same belt and stra*graphy as Semafo’s Mana Mine, Endeavour’s Houndé and Roxgold’s Yaramoko projects • Material posi*ons around Youga Mine and in Banfora belt • Acacia Mining has US$15M Earn-‐In on South Houndé Project
Slide 8: Mineral Resource
MINERAL RESOURCE • Inferred Mineral Resource of 1.5Moz at 1.6g/t Au† at South Houndé • High grade component to the resource with 1.1 Moz at 2.1g/t Au • Oxides total approximately 300Koz at 1.4g/t Au but will increase • Discrete high-‐grade shoots represent excellent targets • Oxide resource materia
Slide 9: South Houndé Project Earn In
SOUTH HOUNDÉ PROJECT EARN IN • Subject to US$15M Earn In with Acacia • US$3.5M explora*on budget for 2015 • AC, RC, diamond and auger drilling • Permit-‐wide and detailed geophysical surveys genera*ng addi*onal targets • Explora*on focused on delinea*ng high-‐ grade shoots and outlining broader sy
Slide 10: South Houndé Value Proposition
SOUTH HOUNDÉ VALUE PROPOSITION • Earn-‐in allows project to advance, add value & move closer to mining • Three key variants to Value Proposi*on; → Small scale: a low cost oxide heap leach delivering ~60koz/yr at <$600/ oz cash cost → Intermediate scale: an oxide and hard rock mine delivering 100-‐
Slide 11: Tankoro Corridor Exploration
TANKORO CORRIDOR EXPLORATION • Large scale hydrothermal fluid penetra*on along regional structures • Gold mineraliza*on is associated primarily with porphyry dike swarms in a broad structural corridor • Metasedimentary rocks also mineralized • Altera*on mineralogy includes silica, MM Prospect sulphid
Slide 12: MM Prospect - Near Field Potential
MM PROSPECT - NEAR FIELD POTENTIAL • Extensions adjacent & along strike from MM • Depth extensions of MM high-‐grade zones • MC discovery remains open and contains some of the best drill results to date • MC discovery has opened up whole footwall • Follow up required on RC & AC drill intercepts in
Slide 13: IP and Drilling Shows System Scale
IP AND DRILLING SHOWS SYSTEM SCALE ResisLvity MM MC 13
Slide 14: Karankasso Project JV
KARANKASSO PROJECT JV • JV established with Savary providing further op*onality, Sarama holds 35% of expanded package • Integral part of South Houndé consolida*on • Main mineralisa*on ~20km from MM Prospect • Over 45 strike kilometres of ar*sanal workings and soil anomalies • 14,500m of RC drilling
Slide 15: South Houndé Potential
SOUTH HOUNDÉ POTENTIAL • Permits are situated in a proven belt with over 12Moz of endowment iden*fied • Tankoro resource open and growing • A lot of “smoke” on Sarama’s interests • Geochemistry outlines 100+ kilometers of gold-‐anomalous trends • Poten*al for extensions north and south along 30km Ta
Slide 16: Wider Burkina Faso Permits
WIDER BURKINA FASO PERMITS 16
Slide 17: Summary
SUMMARY • Successful African explorer focused on Burkina Faso • Management are heavily invested and looking to accrete value on an EV per share basis • Significant land holding in the well-‐endowed and underexplored Houndé gold belt • Greenfields gold discovery at the South Houndé Project with a maid
Slide 18: Suite 8, Churchill Avenue PO Box 575, Subiaco +61 (0) 9363 7601 info@saramaresources.com @SaramaResources
Suite 8, 245 Churchill Avenue PO Box 575, Subiaco +61 (0) 8 9363 7601 info@saramaresources.com @SaramaResources Subiaco, Western Australia 6008 Western Australia 6904 +61 (0) 8 9382 4309 ARBN: 143 964 649 www.saramaresources.com
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