TSX-V Ticker: SWA SWA.WTVANCOUVER, April 11, 2013 /CNW/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that it has acquired a 100% interest in the Tankoro exploration property ("Tankoro" or the "Property") at its South Houndé Project in Burkina Faso (refer Figure 1).The Company entered into an agreement in respect of the exploration rights to the Property in January 2011, giving it [...]
The Board of Directors of Sarama Resources has granted 1,005,000 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 under the stock option plan of the Company. This plan was approved by shareholders on June 5, 2012 and allows the Company to issue a number of options up to 10% of its rolling issued and [...]
Sarama Resources is pleased to report that a 11km-long gold-in-soil anomaly has been defined by geochemical surveys at the Company's Gbarpolu exploration property in western Liberia. Sarama has also increased its interest in the Pedsam Mining properties in Liberia to 65% after achieving the required earn-in milestones.
Sarama is pleased to report that recent reverse-circulation and air-core drilling at the Tankoro Prospect at its South Houndé Project in south-western Burkina Faso has returned encouraging intersections across all target areas and has notably confirmed the presence of a 1.8km-long mineralised trend at the Phantom Prospect, immediately along trend from the Company's 1.9km-long MM Prospect.
Sarama Resources wishes to announce that it has filed its Notice of Meeting and Management Information Circular, Consolidated Financial Statements for the year ended December 31, 2011 and the related Management Discussion and Analysis. These documents will be available under the Company's profile on SEDAR at www.sedar.com or on Sarama's website at www.saramaresources.com.
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