Sarama Resources Hits More Gold Outside Mineral Resource
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Wed, October 19, 2022 at 9:00 AMendedReplay
Investor webinar replay
Meeting Overview The meeting was a live investment summit for Cerama Resources, where Andrew Dinning, the CEO, presented an update on the company's drilling results and resource developments at the Sanitura project in Burkina Faso. The discussion highlighted the progress of their drilling program and the potential for resource growth. Key Discussion Points - Overview of Cerama Resources and its dual listing on TSX and ASX. - Details on the Sanitura project, including its resource inventory of nearly 3 million ounces of gold. - Update on the current drilling program, which has completed 20,000 meters of a planned 50,000 meters. - Focus on shallow, high-value mineralization and the discovery of new geological models. - Discussion of specific deposits, including Tangkoro and Obie, and their potential for high-grade gold mineralization. - Importance of oxide resources and the potential for resource growth in the near future. Decisions Made - No explicit decisions recorded. Action Items ...
Andrew is a founder and the Managing Director and CEO of Sarama Resources Ltd. Andrew is committed to development in Africa and is a board member of The Australia-Africa Minerals & Energy Group (AAMEG), a peak body representing Australian companies engaged in the development of Africa’s resource industry.
Andrew has over 30 years experience in the international mining arena having worked in the Democratic Republic of Congo, West Africa, UK, Russia and Australia. He has extensive mine management, operations and capital markets experience and has spent most of his career in the gold sector. Andrew was a director and President of DRC based Moto Goldmines Ltd from 2005 to 2009. He oversaw development of the company’s Moto Gold Project (Kibali Gold) from 2 million to +22 million ounces of gold, taking the project from exploration to pre-development prior to the $600 million takeover by Randgold Resources and AngloGold Ashanti in October 2009.
Mr Dinning has a MBA, a First Class Mine Managers Certificate (Western Australia and South Australia) and a Bachelor of Engineering (Mining) degree.
Replay transcript excerpt
Speaker 1: Hello everyone, welcome to Cerama Resources live investment summit today hosted by 6. I'm joined today by Andrew Dinning, their managing director and CEO. Andrew's going to walk us through a company presentation and after we'll be taking questions live using the Q&A chat found on the right hand side of your screen. If you'd like to participate in today's event, please feel free to ask any question you like using that tool. Speaker 1: As always, this summit is being recorded and it's going to be available in the coming days on six.com. But without further ado, Andrew, I'd like to pass things back to you to get us started. Speaker 2: Yeah, thanks a lot, Kem, and welcome, everybody. Speaker 2: I'm very pleased to be able to take you through Speaker 2: the drill results we've put out Speaker 2: to date from the dual program we convinced in May Speaker 2: this year. So without further ado, I'll get into it. Speaker 2: I get this presentation Speaker 2: has been filed. So if anyone wants to look at the disclosures, Speaker 2: feel free to look on our website. So I won't go through that. Speaker 2: Just, I guess, to quickly recap on Surama, Speaker 2: we're a dual-listed Speaker 2: company, so we're listed on the TSX Speaker 2: and the ASX. Speaker 2: We are located, Speaker 2: our operations are located in Southwest Burkina Faso. Speaker 2: We have quite a large 100% owned land position there in the Hunde Belt, which is 1 of the most prolific gold belts in Burkina Faso and 1 of the most prolific in West Africa. Speaker 2: The value of the company is underpinned by a multi-million ounce resource on our Sanatura project. Speaker 2: I think importantly on that resource, which is just shy of 3000000 ounces at this point in time, about a 3rd of the resource is oxide ...
