{"id":3621,"date":"2025-02-10T12:23:41","date_gmt":"2025-02-10T12:23:41","guid":{"rendered":"https:\/\/invest360pro.com\/index.php\/2025\/02\/10\/sarama-resources-geochemistry-program-underway-at-cosmo-gold-project\/"},"modified":"2025-02-10T12:23:41","modified_gmt":"2025-02-10T12:23:41","slug":"sarama-resources-geochemistry-program-underway-at-cosmo-gold-project","status":"publish","type":"post","link":"https:\/\/invest360pro.com\/index.php\/2025\/02\/10\/sarama-resources-geochemistry-program-underway-at-cosmo-gold-project\/","title":{"rendered":"Sarama Resources Geochemistry Program Underway at Cosmo Gold Project"},"content":{"rendered":"<\/p>\n<p><strong>Sarama Resources Ltd.<\/strong> (\u201cSarama\u201d or the \u201cCompany\u201d) (ASX:SRR, TSX- V:SWA) is pleased to advise that it has commenced a multi-stage regional soil-geochemistry program at its majority- owned<sup>(1)<\/sup> 580km\u00b2 Cosmo Gold Project (the \u201cProject\u201d)<sup>(2)<\/sup> in the Eastern Goldfields of Western Australia. The program is the most significant exploration work to be undertaken on the Project in decades and is a foundational stage for drill target generation.<\/p>\n<p>The program follows the Company\u2019s acquisition of a majority and controlling interest in the Project in December 2024 and its agreement to acquire a majority and controlling interest in the nearby Mt Venn Project in January 2025(3). In aggregate, the belt-scale projects will cover approximately 1,000km\u00b2<sup>(2,3)<\/sup> and +100km of strike-length of greenstone rocks and are well-positioned and underexplored, presenting an exciting opportunity for Sarama in the Laverton Gold District which is known for its prolific gold endowment (refer Figure 1). <\/p>\n<\/p>\n<p><span><\/span><strong>Highlights <\/strong><\/p>\n<ul class=\"ee-ul\">\n<li>Large-scale soil geochemistry program underway at the Cosmo Project to progress drill targeting<\/li>\n<li>Program is the most significant exploration works undertaken on the Project in several decades<\/li>\n<li>Initial focus on areas with large-scale structural features and lithological contacts identified in recent interpretation of airborne geophysical datasets<\/li>\n<li>Surface grab sampling returned grades up to 52g\/t Au<sup>(5)<\/sup> in historical exploration within the Project<\/li>\n<li>Fieldwork already underway with experienced field crews mobilised; first samples for analysis in 2 weeks<\/li>\n<li>Opportunity for recommencement of modern exploration due to changes in land access<\/li>\n<li>Follows the recent execution of a non-binding Heads of Agreement to acquire majority interest in belt-scale Mt Venn Project<sup>(3)<\/sup><\/li>\n<li>Sarama\u2019s recent acquisitions will create in aggregate a 1,000km\u00b2 exploration position<sup>(2,3)<\/sup> capturing 100km of strike length in underexplored terrane<\/li>\n<li>Projects located in the prolific Laverton Gold District, proximal to the producing Gruyere Gold Mine<sup>(4)<\/sup><\/li>\n<\/ul>\n<p><strong><\/strong><\/p>\n<p><strong>Sarama\u2019s President, Executive Chairman, Andrew Dinning commented:<\/strong><\/p>\n<p><em>\u201cWe are very pleased to get exploration underway and bring the belt-scale Cosmo Project to account. Cosmo is genuinely underexplored, has all the geological ingredients to generate a discovery and with core team members that led the discovery of the multi-million ounce Moto and Sanutura<sup>(6)<\/sup> Projects in Africa and we look forward to seeing what this project can deliver. Leveraging its position at the Cosmo Project, upon completion of the transaction to acquire a majority interest in the nearby Mt Venn Project, Sarama will have 1,000km<sup>2<\/sup> of highly prospective ground in the prolific Laverton Gold District.\u201d <\/em><em><\/em><\/p>\n<\/p>\n<p><strong>Click here for the full ASX Release<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sarama Resources Ltd. (\u201cSarama\u201d or the \u201cCompany\u201d) (ASX:SRR, TSX- V:SWA) is pleased to advise that it has commenced a multi-stage regional soil-geochemistry program at its majority- owned(1) 580km\u00b2 Cosmo Gold Project (the \u201cProject\u201d)(2) in the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[116],"tags":[],"class_list":["post-3621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/posts\/3621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/comments?post=3621"}],"version-history":[{"count":0,"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/posts\/3621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/media\/3622"}],"wp:attachment":[{"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/media?parent=3621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/categories?post=3621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/invest360pro.com\/index.php\/wp-json\/wp\/v2\/tags?post=3621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}