Sarama Resources Extends MM Prospect Strike Length by 25% to 1.9km; Shares Jump 15% Higher

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Sarama Resources Limited (SWA.V) reports that recent reverse-circulation and diamond drilling at the MM Prospect at its South Hounde Project in south-western Burkina Faso has extended the strike length of mineralisation by 25% to a total of 1.9km and confirmed previous high-grade intersections in the south of the mineralised zone.

Highlights

Strike length of the MM mineralisation system has been increased to 1.9km.

Infill RC and diamond drilling confirms continuity of major mineralised lenses within the MM system as well as the presence of a broad high-grade zone in the south.

Downhole intersection highlights include:

DDH019 5.3m @ 5.18 g/t Au from 291.3m DDH including 2.3m @ 10.68 g/t Au

DDH045 15.5m @ 6.61 g/t Au from 176.5m DDH

Sarama is now trading at 80 cents, up 10 cents from Friday's close.



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This article appears in: Investing , Commodities

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