Guy Scherrer

Sarama Resources

We are a West African gold exploration and development company with interests in three adjoining projects located in Burkina Faso. These assets are core components in the consolidation and development of the prolific southern Houndé belt. Our projects include the South Houndé Project, the adjoining Karankasso JV Project, and the recently acquired Bondi gold deposit. The South Houndé and Karankasso projects host 2.1 Moz1 and 0.7 Moz2 inferred gold resources respectively, while the Bondi deposit has 0.3 Moz Au (M&I) and 0.15 Moz3 Au (inferred). These three advanced gold projects are situated within trucking distance of one another, presenting various development opportunities, including a multi-source central processing facility. An exploration budget of C$7m expenditure is planned for the 2016/17 season. Our Board and management team have a proven track record in Africa and a strong history in the discovery and development of large-scale gold deposits. Headquartered in Perth, Western Australia, we are well positioned to build on our current success with a significant resource base and sound exploration and development strategy.