Host to some of the richest gold deposits in Africa
News Releases


Sarama Resources secures new exploration permit and updates drilling progress in Mali

Exploring For Gold In Mali

Host to some of the richest gold deposits in Africa, Sarama’s landholding in Mali totals 146km2. The Company’s principal permit, Kandiolé Sud is located just 10km from Papillon Resources’ Fekola deposit and IAMGOLD’s / Merrex Gold’s Siribaya Project.

While Mali has been through a period of political and military instability since the coup d'état of April 2012, Sarama expects the recent election of President Ibrahim Boubacar Keita will mark a turning point in the country regaining its status as a premier African mining destination.

Country Highlights

  • 110km2 highly prospective landholding
  • Kandiolé Sud located just 10km from Papillon Resources’ Fekola deposit and IAMGOLD’s / Merrex Gold’s Siribaya Project.
  • Gold-in-soil and IP surveys have been undertaken on the Kandiolé Sud Permit
  • Operations office in Bamako
  • Successful Presidential elections held in mid 2013

Kandiolé Sud Property

Located on the prolific western gold belt, Kandoilé Sud appears to share similar mineralised trends to that of IAMGOLD’s / Merrex Gold’s Siribaya prospect.

Highlights include:

  • 110km2 licence area
  • 10km southeast of Papillon’s Fekola deposit
  • Two of IAMGOLD’s soil geochemistry anomalies trend onto the permit
  • Soil and termite mound geochemistry show anomalous zones to follow up and three high quality IP targets have been delineated

Gallery