Dear Friends & Shareholders:
Savary Gold Corp. recently completed a three week field evaluation program at the recently renamed Karankasso Project (formerly Houndé South and Serakoro 1 projects) in Burkina Faso. The overall goal of the field evaluation program of the Karankasso Project was to:
In addition to the field evaluation, an airborne magnetic and radiometric survey (of the Serakoro 1 concession) is also planned for Q1 2015.
This field program should provide the additional necessary data for a follow-up drill program in 2015. The goals of the next drill program will be to define a maiden mineral resource of close to 1 million ounces and to discover additional zones of gold mineralization.
The Company’s Karankasso Project is located approximately 300 kilometres from the capital of Ouagadougou and the civil unrest events in country have had no effect on the Company or its operations.