Sarama Resources Ltd. Forms Strategic Joint Venture with Cazaly in Eastern Goldfields Exploration Project
Sarama Resources Ltd. has entered into a partnership with Cazaly Resources through an unincorporated joint venture for a project currently in the exploration phase. Sarama, through its wholly-owned subsidiary, will operate and manage the project in which it now holds an 80% interest after acquiring Orbminco's stake. Cazaly retains a 20% interest and has the option to contribute to future project expenditures or withdraw. This strategic collaboration is focused on mineral tenements E38/3111, E38/3150, and E38/3581, covering approximately 420km² in the Eastern Goldfields of Western Australia. The partnership allows Sarama exclusive rights for exploration and feasibility activities, marking a significant step in advancing the project's development.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sarama Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1051263) on July 22, 2025, and is solely responsible for the information contained therein.
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