Sarama Resources (SWA.V) has announced an update on its 80%-owned Grand Bassa gold project in Liberia. The company revealed its geochem surveys have outlined a target with a strike length of approximately 14 kilometers with anomalous gold values in the soil. Trenching has resulted in very wide, but low grade mineralized intercepts such as 29 meters at 0.82g/t and 37 meters at 0.51g/t.
Whilst these grades obviously aren’t very exciting yet, it is encouraging to see wide intervals, and we’re looking forward to a drill program on the most promising targets.
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Disclosure: The author holds no position in Sarama Resources. Please see our disclaimer for current positions.
