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Last updated on April 17, 2014 at 17:30 EDT

Latest Sarama Resources Ltd. Stories

2014-04-07 12:23:26

VANCOUVER, April 7, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that preliminary metallurgical testing at its South Houndé Project in south-west Burkina Faso has returned excellent results, reinforcing the Company's exploration bias towards oxide and free-milling material. The combination of high gold extraction, modest reagent consumption and rapid leach kinetics demonstrate that the oxide material is amenable to heap leaching,...

2014-03-11 08:22:19

VANCOUVER, March 11, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that it has signed a heads of agreement with Savary Gold Corp. ("Savary") to enter into a joint venture to develop Sarama's Sérakoro 1 and Savary's Houndé South properties in Burkina Faso. The joint venture will be held 35% by Sarama and 65% by Savary and Savary will be the operator. The joint venture agreement will be subject to Sarama and Savary completing...

2014-01-30 20:21:13

VANCOUVER, Jan. 30, 2014 /PRNewswire/ - The Board of Directors of Sarama Resources Ltd. ("Sarama" or the "Company") has granted 1,415,000 options to 11 employees, directors and officers of the Company. The option grant is the result of the Company's annual compensation review and the issuance is made in accordance with the stock option plan of the Company. This plan was approved by shareholders on June 19, 2013 and allows the Company to issue a number of options up to 10% of its...

2014-01-30 08:34:40

VANCOUVER, Jan. 30, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that preliminary metallurgical testing at its flagship South Houndé Project in south-west Burkina Faso has returned encouraging results, indicating potential for heap leach processing of oxide mineralisation. Sarama is conducting the testwork to establish a range of alternatives for the development of the South Houndé Project, with the heap leach concept presenting an...

2014-01-27 08:22:14

VANCOUVER, Jan. 27, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that soil geochemistry surveys at its Grand Bassa exploration property in central Liberia have successfully identified several anomalous gold-in-soil trends, the largest of which extends for 14km along strike. The Company's exploration program has also intersected in-situ gold mineralisation in follow-up trenching programs, giving credence to soil geochemistry survey...

2014-01-13 08:23:26

VANCOUVER, Jan. 13, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that reconnaissance soil geochemistry surveys at its Cape Mount East exploration property in Liberia have successfully extended the anomalous gold-in-soil zone previously encountered at the Cape Mount exploration property to a total 15km along trend. Follow-up trenching programs on the Cape Mount property, approximately 10km north of Aureus Mining Inc's New Liberty Gold...

2013-12-23 12:22:25

VANCOUVER, Dec. 23, 2013 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") wishes to announce that Mr. Bill Turner has resigned from the board of directors of the Company due to other commitments, effective December 31, 2013. Management and the board extend their appreciation to Bill for his support and contribution to the Company from pre-initial public offering until present and wish him the very best in his future endeavours. Sarama's President and CEO,...

2013-10-29 16:21:45

VANCOUVER, Oct. 29, 2013 /PRNewswire/ - Sarama Resources Ltd ("Sarama" or the "Company") announces the filing of a technical report prepared in accordance with the Canadian Securities Administrator's National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") in support of the Company's September 16, 2013 news release which announced a maiden Mineral Resource estimate for the South Houndé Project in Burkina Faso. Cube Consulting Pty Ltd and Orway...

2013-09-16 16:21:54

VANCOUVER, Sept. 16, 2013 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to declare a maiden Inferred Mineral Resource(1) estimate of 1.50 Moz of contained gold(2) at its flagship South Houndé Project in south-west Burkina Faso. The Mineral Resource represents a greenfields discovery, crystallising two years of exploration and demonstrating the potential of the Tankoro Structural Corridor to host mineralisation of significance. Highlights...

2013-05-14 08:24:42

TSX-V Ticker: SWA SWA.WT VANCOUVER, May 14, 2013 /PRNewswire/ - Sarama Resources Ltd. (the "Company") wishes to announce that it has issued 141,192 common shares of the Company yesterday as part of the consideration for the purchase of two exploration properties located on the Banfora Belt in south-western Burkina Faso, West Africa.  The agreement to acquire the properties was previously announced on August 27, 2012. The common shares are subject to a statutory hold period...