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Latest Sarama Resources Ltd. Stories

2014-09-11 08:23:30

VANCOUVER, Sept. 11, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that it is has completed joint venture negotiations and executed a binding agreement with Savary Gold Corp. ("Savary"). This follows a Heads of Agreement signed between the parties on March 10, 2014 (see Sarama news release dated March 11, 2014). The joint venture will unify the operatorship of Sarama's 250 square kilometre Sérakoro 1 property (held under option) and Savary's...

2014-09-09 08:23:56

VANCOUVER, Sept. 9, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that a shallow, wide-spaced 8,100m air-core ("AC") drill program conducted at its South Houndé Project (the "Project") in south-western Burkina Faso has delineated another 1.8km of gold mineralisation at the Obi Prospect, bringing the total strike length of semi-continuous mineralisation to 7.3km. The mineralisation at the Project remains open along strike, at depth and parallel...

2014-09-08 08:24:07

VANCOUVER, Sept. 8, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce the successful completion of its initial drill program at the Company's Cape Mount Project in western Liberia. The reconnaissance drill program featured widely spaced drill fences along an 8km portion of a previously delineated 15km-long soil anomaly (see press release January 13, 2014). The drill program has confirmed the presence of shallow, in-situ gold mineralisation within...

2014-08-22 08:22:19

VANCOUVER, Aug. 22, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to advise that Savary Gold Corp. ("Savary") announced on August 21, 2014 that preliminary metallurgical testing results showed gold recoveries averaged in excess of 93% for sulphide/non-oxidised mineralisation from three prospects on the Houndé South property. The Houndé South property is part of the permit package under a Head of Agreement ("HoA") for the formation of a Joint...

2014-07-11 08:22:20

VANCOUVER, July 11, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to advise that Savary Gold Corp. ("Savary") announced on July 8, 2014 that it completed the earn-in portion of the option agreement for the Houndé South gold project. Sarama entered in to a Heads of Agreement with Savary on March 10, 2014 to establish a Joint Venture Company ("JVCo") holding Sarama's Sérakoro 1 property and Savary's Houndé South property in Burkina Faso. The JVCo...

2014-05-15 16:22:58

VANCOUVER, May 15, 2014 /PRNewswire/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that it is close to finalizing a joint venture agreement with Savary Gold Corp. ("Savary") which follows a Heads of Agreement signed between the parties on March 10, 2014 (see Sarama news release dated March 11, 2014). The joint venture will unify the operatorship of Sarama's 250 square kilometre Sérakoro 1 property (held under option) and Savary's 500 square kilometre Houndé...

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...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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