Sarama Resources (ASX:SRR) has discovered a new mineralized trend in the north of the Tankora Mineralized Corridor at its 2.9Moz Sanutura Project in Burkina Faso.
Highlights:
- This marks the seventh discovery outside of the existing resource since Sarama began its +50,000m drilling program in May 2022.
- New, near-surface intersections included 13m at 1.79g/t from 7m, including 2m at 8.88g/t, and 6m at 2.91g/t from 31m, including 1m at 12.10g/t.
- Drilling was primarily focused on testing for new mineralization within the Phantom, Phantom East and Phantom West Prospects.
- The identification of new cross‐linking mineralization is expected to add to the current resource, which Sarama plans to update after the completion and follow up of the current drilling programme.
The latest drilling was primarily focussed on testing for new mineralization within the Phantom, Phantom East and Phantom West Prospects, which are located in the north of the Tankoro Deposit.
The results represent the seventh discovery of additional and extensional mineralization since the commencement of the company’s ongoing +50,000m drill program and continue to demonstrate the strong potential to grow the oxide component of the Project’s 0.6Moz Au (Indicated) plus 2.3Moz Au (Inferred) mining shape constrained Mineral Resource.
“We are excited that new, near‐surface discoveries continue to be made throughout the Tankoro Mineralized Corridor with the most recent results representing the seventh successive area where new mineralization has been intersected outside the Mineral Resource,” President, CEO and MD, Andrew Dinning, said.
“This bodes well for the many other targets that have been identified and are yet to be drilled and continues to support our view that significant exploration potential remains.
“The identification of new cross‐ linking mineralization is expected to add to the current Mineral Resource which we plan to update after the completion and follow up of the current +50,000m program, a majority of which is cost effective aircore drilling.”
Phantom and Phantom West Prospects
The new drilling in the Phantom and Phantom West Prospects primarily targeted areas with potential for discovery of additional mineralization and/or extensions to existing mineralised lodes. These prospects are located to the north of the Tankoro Deposit and historical drilling has been relatively constrained, focussing on the delineation and extension of the dominant north‐north‐east (NNE) oriented trends of steeply dipping lode packages which extend over a strike length up to 2.5km.
A lateral distance of approximately 360m separates the two trends and historical soil geochemical surveys have returned elevated gold‐in‐soil values in between, suggesting potential for obliquely oriented mineralization to link the two main mineralized trends. This cross‐linking type of mineralization has been delineated extensively in the better drilled parts of the Tankoro Deposit and adds significantly to the economic potential for the Project.
Previous reconnaissance drilling along the targeted trend in the Phantom Prospect returned encouraging results and included downhole intersections of 6.0m @3.33g/t Au, 6.0m @3.85g/t Au and 6.0m @1.40g/t Au.
The recent drilling followed up on these isolated intersections and stepped out along the projected trend of the elevated gold‐in‐soil values and returned results including 6.0m @2.91g/t Au (incl. 1m @12.10g/t Au), 6.0m @1.40g/t Au and 2.0m @6.70g/t Au (incl. 1.0m @11.75g/t Au) which support the interpretation of a new mineralized trend extending for approximately 700m along strike.
For further information please visit: https://saramaresources.com/
