The properties, which cover combined area of 338km², are located on the prospective Banfora Belt in south-western Burkina Faso.
Permits to explore both areas will expire on 4 July 2014 and their extension is subject to the discretion of the Burkina Faso government.
Initially, the company will pay $100,000 cash or the equivalent in common shares to either vendor as part of the deal.
A second payment of $100,000 cash or equivalent shares in Samara would be paid to the vendor upon re-issue of either or both of the exploration permits.
Commenting on the acquisition, Sarama Resources president and CEO Andrew Dinning said the prospective properties were under-explored from previous preliminary exploration work.
"The proximity of the Banfora properties to our South Houndé Project adds to the attractiveness of the acquisition and we look forward to undertaking further work in the zones of mineralisation identified in historical exploration," Dinning said.
Post acquisition, Sarama Resources owns a total of about 3,100km² land in Burkina Faso.
