Sarama Resources Ltd. Announce reconnaissance drilling has intersected a new zone of high-grade gold mineralisation at its Bamako 2 Property in south-western Burkina Faso. The discovery was part of a 2,000m reverse circulation ("RC") reconnaissance drilling program targeting gold-in-soil anomalism and historical artisanal gold workings. The program is the first drilling to be conducted on the Property in approximately 7½ years. The 119km² Property is part of the Company's 100%-owned ThreeBee Project. Sarama believes it has the potential to contribute high-grade feed to a possible central processing facility as part of an eventual regional project development in the southern Houndé Belt involving the Company's combined South Houndé and ThreeBee Projects. Further field mapping and geological interpretation will be undertaken in First Quarter 2020 to support follow-up drilling in these newly drilled areas as well as in areas with historical high-grade drill intersections. The 119km2 Bamako 2 Property is part of the Company's 100%-owned, 708km² ThreeBee Project, which is positioned on the eastern flank of the well-endowed Houndé Greenstone Belt in south-west Burkina Faso that hosts Endeavour Mining Corp.'s Hounde Mine, Roxgold Inc.'s Yaramoko Mine, as well as Semafo Inc.'s ("Semafo") Mana and Siou Mines further to the north. The Property is also well positioned with respect to known gold deposits, such as Semafo's Bantou Project and Semafo and Sarama's Karankasso JV Project, and is within trucking distance to Sarama's South Houndé Project and adjacent to Teranga Gold Corp.'s Golden Hill Project. Sarama first carried out initial-stage exploration over the Property in 2011-2012 and successfully identified several clusters of anomalous gold-in-soil values. Peak values of 13.6g/t Au were encountered, prompting a reconnaissance drill program of 3,740m RC in two phases. The drill program intersected high-grade mineralisation in several holes with previously reported highlights of: The quartz veins are located within a wedge of Birimian-aged greenstone rocks which underlie part of the eastern side of the Property and are mostly represented by weakly-foliated and massive mafic volcanic and gabbroic rocks. The quartz veins appear to broadly follow the contacts of the gabbroic intrusion where an increase in foliation intensity is noted. Recent rock-chip sampling of fresh and altered rocks over several campaigns have also been encouraging with assay results including: 18.9g/t Au, 12.5g/t Au, 8.8g/t Au, and 4.5g/t Au from sample sites both within the gabbroic intrusion and in the bounding mafic volcanic unit. The new reconnaissance drilling, consisting of 21 RC holes (2,000m), primarily targeted 6 discrete locations within the mapped quartz-vein system. In general terms, the drilling intersected quartz-vein material over trend length of approximately 2.5km, confirming that the system is present to some depth below surface. Of note is the northern-most drilled zone (Mebar Prospect) where drilling intersected 18m @ 1.20g/t Au from 44m (including 2m @ 5.47g/t Au) and 8m @ 18.40g/t Au from 42m (including 1m @ 139g/t Au) in adjacent holes along strike. The elevated grades and the persistence of anomalous grade in sheared rock chip samples within these zones is a potential indicator of a favourable geological setting for mineralisation of significance. The Company anticipates undertaking further drilling in the Mebar Prospect, as well as in other areas across the Property where high-grade mineralisation has been previously intersected in scout drilling. Further mapping and interpretation of geophysical survey data will be undertaken to fine tune target areas.