Last C$0.16 CAD
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As of 3:13 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

sarama resources ltd (SWA) Snapshot

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07/31/13 - C$0.35
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01/3/14 - C$0.07
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sarama resources ltd (SWA) Details

Sarama Resources Limited, an exploration stage company, engages in the exploration and development of gold deposits in west Africa. The company has interests in various properties, which cover an area of approximately 6,000 square kilometers and are located in Burkina Faso, Liberia, and Mali. Its principal property is the South Houndé Project that covers an area of approximately 1,600 square kilometers and is located in south-west Burkina Faso. The company was founded in 2010 and is headquartered in Subiaco, Australia.

Founded in 2010

sarama resources ltd (SWA) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $265.4K
Founder and Vice President of Exploration
Total Annual Compensation: $218.5K
Chief Financial Officer and Secretary
Total Annual Compensation: $217.1K
Vice President of Corporate Development
Total Annual Compensation: $217.1K
Compensation as of Fiscal Year 2013.

sarama resources ltd (SWA) Key Developments

Sarama Resources Limited Provides Update on Joint Venture Progress with Savary Gold Corporation

Sarama Resources Limited entered in to a heads of agreement with Savary Gold Corp. on March 10, 2014 to establish a Joint Venture Company holding Sarama's Sérakoro 1 property and Savary's Houndé South property in Burkina Faso. The JVCo will be 65% owned by Savary and 35% owned by Sarama and covers an area of 750 Km. The earn-in was a pre-condition of the Savary-Sarama Joint Venture.

Sarama Resources Limited Announces Appointment of David Groves as Non-Executive Director

Sarama Resources Limited announced the appointment of David Groves as a non-executive director. Dave has more than 30 years of experience in precious-metals exploration, resource development and business development and brings a highly complementary skill set to the board of Sarama. Most recently, Dave served as vice president, global exploration for Centerra Gold where he oversaw a large resource expansion at the Kumtor mine in Kyrgyzstan and delineation of a significant oxide-gold resource at the Oksut greenfield discovery in Turkey.

Sarama Resources Commences Diamond Drill Program on 15 km-Long Gold Trend in Western Liberia

Sarama Resources Ltd. announced that a maiden diamond drill program has commenced at its Cape Mount Gold Project in western Liberia. The Cape Mount Gold Project features a 10 km -long gold trend delineated using gold-in-soil geochemical surveys and reinforced as drill targets by trenching. The initial drill targets are situated approximately 10 km north of Aureus Mining Inc.'s New Liberty Gold Project which is currently under construction. Sarama Resources commences maiden diamond drill program at the company's Cape Mount Gold Project. Drilling designed to test targets generated from airborne geophysics, gold-in-soil surveys, trenching and field mapping. Drill targets are located within a 15 km-long anomalous gold-in-soil trend comprising the Cape Mount Project and situated 10 km north of Aureus Mining Inc.'s New Liberty Gold Project. Significant small scale mining activities are situated in the immediate area of drilling. Previously reported trenching1 across a 9km-long anomalous gold-in-soil zone on the Cape Mount Project returned numerous wide, low-grade intervals with narrower higher-grade internal sections including: 16 m @ 1.74g/t Au, including 10 m @ 2.55 g/t Au in CMTR037, 42 m @ 0.63g/t Au, including 10m @ 1.44g/t Au in CMTR025, 47 m @ 0.54g/t Au, including 4 m @ 1.14 g/t Au in CMTR024, 6 m @ 2.30g/t Au in CMPT003 (trench ended in mineralization). The results of the diamond drill program will be used to plan the next phase of exploration activity.


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Price/Sales 1,539.4x
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