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Sama Resources Inc.
Summary
| Project: | Samapleu | |
|---|---|---|
| Deposit: | Samapleu | |
| Location: | Ivory Coast | |
| Commodities: | Nickel | |
| Date: | 6/1/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-6-2020: Sama Resources Inc. announces a PEA report for its Samapleu deposit at the Samapleu project. PEA results incl. post-tax NPV (8%) of US$391M & IRR of 27.2%. This Report, following National Instrument 43 101 rules and guidelines, was prepared for | |
| Resources: | (Resources): 33.18Mt @ 0.269% Ni (Ind.) & 17.78Mt @ 0.248% NiEq | |
| CP/QP: | [Overall Report]: Daniel M. Gagnon (DRA Americas Inc.) | |
| ABSTRACT: | This Report, following National Instrument 43 101 rules and guidelines, was prepared for Sama Resources Inc (“Sama”) by Met-Chem, a division of DRA Americas Inc. (“DRA/MetChem”). The quality of information, conclusions and estimates contained herein is consistent with the level of effort involved in DRA/Met-Chem’s services, based on: i) information available at the time of preparation, ii) data supplied by outside sources, and iii) the assumptions, conditions, and qualifications set forth in this Report. This Report can be filed as a Technical Report with Canadian Securities Regulatory Authorities pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects. Except for the purposes legislated under Canadian securities laws, any other uses of this Report by any third party are at that party’s sole risk. This Technical Report contains estimates, projections and conclusions that are forward-looking information within the meaning of applicable laws. Forward-looking statements are based upon the responsible Qualified Person’s (“QP”) opinion | |
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