Sarama Resources Ltd. · TSXV:SWA
Sarama Resources — PDAC 2012
22 slides from Sarama Resources's conference presentation, February 2012
Slide 1: Investor Presentation
INVESTOR PRESENTATION FEBRUARY 2012
Slide 2: Forward-Looking Statement
Forward-Looking Statement This confidential presentation contains certain “forward-looking statements” in relation to Sarama Resources Ltd. (the “Company”) including, but not limited to, statements with respect to our plans for the acquisition of prospective gold properties in West Africa and the ex
Slide 3: Company Highlights
Company Highlights • West African focused gold explorer, IPO completed in October, 2011 • Experienced board and management team with proven track records in Africa • Large, diversified portfolio of properties with claims(1) over ~7,000 km2 in Burkina Faso, Liberia & Mali • Early stage explorer with
Slide 4: Directors and Management
Directors and Management Board Sean Harvey • Ex Investment Banker; former CEO of TVX Gold Chairman of the Board • Non Executive Chairman Victoria Gold & Andina Minerals; Non Executive Director of Perseus Mining & Allied Gold • Former president of DRC based Moto Goldmines, oversaw the project from 4
Slide 5: Capital Structure
Capital Structure • Incorporated April 2010 in BC, Canada • Private round October 2010, Kinross investment June 2011 • IPO on TSX-V October 2011 raising C$16.7m TSX-V Code : SWA, SWA.WT Issued Capital : Common Shares: 51.5M Warrants: 10.2M Options: 4.0M Cash (1 January, 2012) : ~C$17M* * unaudited M
Slide 6: Exploration
Exploration • Countries of operation: Burkina Faso, Liberia and Mali • Multiple jurisdictions to spread political risk • Take a considered approach to property selection based on: Collective experience of the exploration team Area endowment Regional structural architecture and; Lithologic en
Slide 7: Current Asset Portfolio
el Sora \ ® Operating Mine \ ar ® Gold Deposit MAURITANIA ® Gold Deposit Under Feasibilty | & Abandoned Mine a ees J . minawa aso aw q i Q Bamako % Nae uum) F aurxina raso 75 Kilometres \ Te ell Soroma . i mh: a ‘ inca ® Operaing Mine SIERRA LEONE 4 1 ® Gold Deposit i t © old Depost Under Feastity @
Slide 8: Burkina Faso Properties
__SARAMA i F 1 : 4€0,000mE 600,000mE 4,000000mE MALL tL — 4800, 000r | 150 Kilometres ® Operating Gold Mine NIGER ® Gold Deposit |1.400,000mN GHANA SS Post Birimian ian Greenstone Belts [_lsedimentary cover rocks Volcano-sedimentary rocks L Eburnian Granitoids Structure [1Granodiorite-tonalite | Fau
Slide 9: South Houndé - Tankoro Permit Area
South Houndé - Tankoro Permit Area • +850km2 of contiguous land holdings Tankoro • Regional endowment Permit • Same belt and stratigraphy that host the Mana Mine, Avion’s discoveries and the Bondi deposit • Straddles several regional scale NE and N trending faults and shear zones • Presence of Tarkw
Slide 10: Tankoro Permit
Tankoro Permit • Tankoro Corridor is 20km x 4km Tankoro Corridor • Over 15km strike of gold-in-soil anomalies to be drill tested • Underlain primarily by sedimentary Diassara and minor mafic volcanic rocks Guy • Large-scale fluid system imprinted on structural corridor MM Eastern • Evidence of late-
Slide 11: Tankoro Permit - MM Anomaly
Tankoro Permit - MM Anomaly 7700N 7600N 7450N 7300N 7200N 7000N 6800N MM Anomaly 5 • MM anomaly open along strike N & S • Excellent drill results • 1,100m strike delineated so far • Significant intercepts with grade and width • Hosted in sedimentary sequence which has been overprinted by a large hyd
Slide 12: Significant Drill Intercepts
Significant Drill Intercepts 7700N FRC159: 14m @ 3.9 g/t Au from 26m 5m @ 2.9 g/t Au from 85m 7700N FRC160: 6m @ 6.3 g/t Au from 19m 7600N 7300N FRC 113: 13m @ 3.9 g/t Au from 6m 7450N FRC150: 19m @ 3.0 g/t Au from 7m 7300N 69m @ 1.0 g/t Au from 81m 7200N FRC 118: 14m @ 2.6 g/t Au from 28m 11m @ 2.3
Slide 13: MM Anomaly - Section 7300 (central)
MM Anomaly - Section 7300 (central) 0m 50 m 100 m 13
Slide 14: Tankoro Corridor: Follow Up Drill Program
Tankoro Corridor: Follow Up Drill Program Diassara Anomaly: 0 2 4 Kilometres • 1km long soil anomaly, possible northern extension of the Guy Anomaly • 2 RC fences (13 holes) Guy Anomaly: • +4km long soil anomaly with a N trend • 6 RC fences (36holes) MM Anomaly: • 7 RC fences (48 holes) another 5 RC
Slide 15: Tankoro – Next Steps
Tankoro – Next Steps • Commenced 2,800m (14 hole) diamond drill program on MM Anomaly • First pass RC drilling at Guy anomaly completed, early indications are encouraging with large alteration zones and presence of key alteration mineralogy (sulphide/carbonate/silica association) • Drill Diassara An
Slide 16: Liberia Properties
Liberia Properties • Sarama has 2,401 km2 of highly prospective ground either under option or as reconnaissance licences • Liberia is an underexplored country that is under going an investment re-rating and represents a serious option play for Sarama shareholders Liberia the Country • Eight years of
Slide 17: Cape Mount
Cape Mount • 315 km2 in Cape Mount County 0 km 5 km 10 km • 100 km North from Monrovia • Proximal and similar geological terrane to Aureus Mining Inc’s 1.6Moz New Liberty Gold deposit • Historical studies show indication of significant primary sources of gold • Extensive artisan mining of gold ongoi
Slide 18: Gbarpolu
Gbarpolu • 400 km2 in Gbarpolu County • 140 km North East from Monrovia • Airborne geophysics program complete • In an unexplored, but gold producing region, on trend with Aureus Mining Inc’s New Liberty gold mine • Historial reports indicate high potential for gold and diamonds • Extensive artisana
Slide 19: Mali Properties
ely Sarama ® Operating Mine Gold Deposit Gold Deposit Under Feasibility % Abandoned Mine Water Course Road Ey Kandiole Sud GUINEA i — it 75 Kilometres MAURITANIA. | a \ ALGERIA MALL = MAURITANIA GUINEA ~~" nicer Ség0u Sandama Nord Q Koulikoro QBamako ® Sikass09 COTE D’IVOIRE BURKINA FASO S y RESOURC
Slide 20: Kandiola Sud – West Mali
Kandiola Sud – West Mali • Newly acquired permit 110km2 in area • Proximal to the Senegalo-Malian Shear Zone that hosts the Sadiola, Loulo and Gounkoto Mines • 10km SE from the Papillon Fekola discovery • Immediately north of the Merrex/Iamgold Siribaya Prospect • Underlain by Kofi Group metasedimen
Slide 21: Kandiola Sud – West Mali
Kandiola Sud – West Mali • 10km SE from the Papillon Fekola discovery • Merrex/Iamgold Siribaya Prospect approximately 6km Sth of permit • Sirabaya Zone 1A and 1B resource 377,700 ounces @ 2.37 g/t gold • Two of Merrex’s soil geochem trends appear to cross onto the Kandiole Sud permit • Soil geochem
Slide 22: Summary
Summary • West African focused gold explorer • Experienced board and management team with proven track records in Africa • Large, diversified portfolio of properties in Burkina Faso, Liberia & Mali • Early stage explorer with excellent drill results at new discovery in Burkina Faso • Aggressive expl