Latest Sarama Resources (ASX:SRR) News

Sarama Resources reported a $673,644 net loss in Q1 2025 while progressing exploration in Western Australia and initiating a $120 million arbitration over a disputed Burkina Faso permit withdrawal.

Sarama Resources Ltd reported a $673,644 net loss for Q1 2025, reflecting ongoing exploration costs and capital raises, while navigating arbitration funding with Burkina Faso authorities.

Sarama Resources has completed a large-scale soil geochemistry survey at its Cosmo Gold Project in Western Australia, marking the first systematic exploration phase on this underexplored gold belt. Analytical results from approximately 5,000 samples are now under review, setting the stage for potential drill targets.

Sarama Resources has completed the second tranche of its A$2 million equity placement, issuing options to institutional investors after shareholder approval. The funds are earmarked for advancing exploration and supporting working capital.

Sarama Resources has launched its first large-scale soil geochemistry program in decades at the Cosmo Gold Project, aiming to unlock drill targets across a vast underexplored greenstone belt in Western Australia’s Laverton Gold District.