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Sarama reignites exploration at Burkina Faso project

6th August 2019

By: Marleny Arnoldi

Online News Editor

     

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Australia-based, TSX-V-listed Sarama Resources has successfully completed an oxide-focused drill programme at the South Houndé project, in Burkina Faso.

CEO Andrew Dinning said in a statement on Tuesday that the drilling would add to the 600 000 oz gold oxide component of the project’s 2.1-million-ounce gold resource.

The drilling programme followed a hiatus in the project’s development of about one-and-a-half years.

“Our near-term objective is to grow the oxide mineral resource base across our South Houndé and ThreeBee projects to a level that will support the development of a financeable, staged, low-capital and rapid payback mining development that exploits the oxide and free-milling components of the mineral resources, while preserving a significant sulphide resource to be brought to account in a second phase of development,” Dinning said.

The Houndé Belt in the country also hosts gold deposits by miners Semafo and Teranga Gold.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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