Sarama Resources Ltd. (SRMMF)
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Summary
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Sarama Resources Ltd. Profile
| Metals & Mining Industry | Materials Sector | Mr. Andrew Robert Mune Dinning BEng, MBA CEO | OTC PINK Exchange | CA8031604074 ISIN |
| CA Country | - Employees | 7 Oct 2020 Last Dividend | 7 Oct 2020 Last Split | - IPO Date |
Overview
Sarama Resources Ltd is a company that specializes in the exploration and development of gold deposits located in West Africa, one of the richest gold-bearing regions in the world. Established in 2010 and with its headquarters in Subiaco, Australia, this exploration stage company dedicates its efforts to the sourcing, exploration, and development of potentially profitable gold deposits. The focus on West Africa, particularly Burkina Faso, allows Sarama Resources to capitalize on the geological potential of this area for significant gold finds. The strategic approach of the company involves securing 100% interests in promising projects, such as the Sanutura and Koumandara Projects, as well as holding substantial interests, like an 18% stake in the Karankasso Project. This diversified portfolio of exploration projects underscores the company's commitment to growth and value creation in the gold mining sector.
Products and Services
- Sanutura Project
This project is a cornerstone of Sarama Resources Ltd's exploration endeavors, embodying a 100% interest in an extensive area of approximately 1,420 square kilometers. It is strategically located to tap into the mineral-rich terrains of West Africa, focusing on gold exploration. The scale of this project underscores the company’s potential for large-scale gold discovery and development.
- Karankasso Project
Represents another significant aspect of Sarama Resources Ltd’s portfolio, where the company holds an 18% interest. Spanning around 750 square kilometers in Burkina Faso, this project showcases a collaborative approach to exploration and development in the gold sector. The Karankasso Project is a testament to strategic partnerships and the synergistic benefits they can offer in the exploration domain.
- Koumandara Project
With a 100% interest in approximately 467 square kilometers within the northern Banfora Greenstone Belt, southwest Burkina Faso, the Koumandara Project highlights Sarama Resources Ltd's ambition to explore new frontiers in gold mining. This project comprises four exploration properties and reflects the company’s commitment to thorough exploration and potential development of gold resources in new and promising regions.
