This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sarama Defines 11km-Long Gold-in-Soil Anomaly At Its Gbarpolu Property In Liberia & Increases Its Interest In Pedsam Properties To 65%


VANCOUVER, Jan. 31, 2013 /PRNewswire/ - Sarama Resources Ltd. (" Sarama" or the " Company") is pleased to report that a 11km-long gold-in-soil anomaly has been defined by geochemical surveys at the Company's Gbarpolu exploration property in western Liberia.  Sarama has also increased its interest in the Pedsam Mining Limited (" PedSam") properties in Liberia to 65% after achieving the required earn-in milestones.


  • An 11km-long gold-in-soil anomaly has been defined by a geochemical survey on the southern portion of the Company's Gbarpolu exploration property.
  • The anomalous zone is coincident with a major geological feature identified by a detailed airborne geophysical survey in an area that hosts artisanal gold mining activity.
  • A second parallel trend, extending approximately 3.5km along strike, has also been identified.
  • Sarama increases its interest in the Cape Mount, Gbarpolu and Grand Bassa exploration properties to 65% after achieving earn-in milestones.

Sarama has received assay results for a soil geochemical survey it undertook on its 400km² Gbarpolu exploration property in 2012.  A principal sample grid spacing of 400m (east-west) x 50m (north-south) was used for the surveys with several areas being sampled at a higher density (200m x 50m spacing) after being identified as high priority targets from earlier work conducted by Sarama.

The survey identified an 11km-long gold-in-soil anomaly in the southern portion of the property, adjacent to active artisanal gold mining sites and co-incident with several geologically prospective features identified by an airborne geophysical survey conducted by the Company in 2012 (refer Figure 1).  Of note is a parallel, co-incident geochemical and geophysical trend, extending approximately 3.5km along strike, within the main zone.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs