Sarama Resources Ltd : Sarama Resources Provides Update on Permitting and Corporate Activities finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
INTRODUCTION The following Management s Discussion and Analysis ( MD&A ) is intended to supplement the condensed interim consolidated financial statements of Sarama Resources Ltd. (the Company or Sarama ) and its subsidiaries for the three months ended March 31, 2021. The condensed interim consolidated financial statements for the three months ended March 31, 2021 have been prepared in accordance with International Financial Reporting Standards ( IFRS ) as issued by the International Accounting Standards Board ( IASB ). All amounts are expressed in United States dollars, unless otherwise stated. This MD&A is current as at May 31, 2021. Additional information relating to the Company is available on SEDAR at www.sedar.com under the Company s profile.
Figure 1 - Koumandara Project & Dabokuy 2 Property Location
ABOUT SARAMA RESOURCES LTD
Sarama Resources Ltd (TSXV:SWA) is a West African focused gold explorer and developer with substantial landholdings in south-west Burkina Faso. Sarama is focused on maximising the value of its strategic assets and advancing its key projects towards development.
Sarama s Sanutura Project, in which the Company holds a 100% interest, is principally located within the prolific Houndé Greenstone Belt in south-west Burkina Faso and is the exploration and development focus of the Company. The project hosts the Tankoro Deposit which has a mineral resource of
0.6Moz gold (indicated) and
(1) and also the Bondi Deposit
Sarama Resources Ltd.: Sarama Resources Re-Issued the Prospective Dabokuy 2 Exploration Permit in Burkina Faso
Sarama or the
Company ) (TSX-V:SWA) is pleased to announce that the Government of Burkina Faso has issued the Company a new Exploration Permit (the
Permit ) covering the prospective Dabokuy 2 Property (
Dabokuy 2 or the
Property ) in south-western Burkina Faso.
The new Permit is effectively a re-issue of the previously expired Dabokuy Exploration Permit and covers the same 56km² area.
The Property is part of the Company s 100%-owned
Koumandara Project
(6) (the
Project ), located within the Banfora Belt in south-western Burkina Faso (refer Figure 1). Based on previous exploration work by Sarama, the Project is considered prospective for high-grade gold mineralisation, yet is relatively unexplored.