Sarama Resources acquires majority stake in Cosmo Gold Project, Western Australia, in Oct 2024.

Sarama Resources Ltd. is set to acquire a majority stake in the Cosmo Gold Project in Western Australia, with the transaction expected to finalize in late October 2024. The 580 km² project encompasses the Cosmo-Newbery Greenstone Belt, known for its gold resources. Shareholder support and necessary approvals from Australian and Canadian securities exchanges have been secured. Sarama plans extensive exploration activities post-acquisition.