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Sarama Resources ( (TSE:SWA) ) has shared an announcement.
Sarama Resources Ltd. has launched a significant multi-stage soil geochemistry program at its Cosmo Gold Project in the Eastern Goldfields of Western Australia. This marks the first major exploration effort in decades, aimed at generating drill targets. The initiative follows Sarama’s recent acquisition of a controlling interest in both the Cosmo and Mt Venn projects, expanding its exploration footprint to 1,000km². The program is poised to capitalize on the area’s underexplored potential, leveraging changes in land access to recommence modern exploration efforts.
More about Sarama Resources
Sarama Resources Ltd. operates in the mining and exploration industry, focusing primarily on gold exploration. The company is involved in projects located in the Laverton Gold District of Western Australia, known for its significant gold endowment.
YTD Price Performance: 25.00%
Average Trading Volume: 135,303
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$8.7M
See more insights into SWA stock on TipRanks’ Stock Analysis page.
