For thousands of other reports visit RSC's Mineral Intellingence Map
Sama Resources Inc.
Summary
| Project: | Samapleu | |
|---|---|---|
| Deposit: | Samapleu | |
| Location: | Ivory Coast | |
| Commodities: | Copper-Nickel | |
| Date: | 5/27/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-5-2020: 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%. Montreal, Quebec, May 27, 2020 – Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: S | |
| Resources: | (Resources): 33.18Mt @ 0.269% Ni (Ind.) & 17.78Mt @ 0.248% NiEq | |
| CP/QP: | [Overall Report]: Marc-Antoine Audet (,Internal) | |
| ABSTRACT: | Montreal, Quebec, May 27, 2020 – Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME OTC PINK SHEETS: SAMMF) is pleased to announce results of a Preliminary Economic Assessment (“PEA”) for the development of its Samapleu Nickel-Copper project located in Ivory Coast, West Africa. The PEA was prepared by DRA Global’s office, in Montreal, Canada through DRA Met-Chem (“DRA”). All dollar figures are in United States dollars. “These results highlight the value of the Samapleu Nickel-Copper asset for the company” said Dr MarcAntoine Audet, President and Chief Executive Officer of Sama Resources. Dr. Audet added “That said, the Sama-HPX team will continue with its exploration efforts aiming at delineating massive sulphide accumulation that could be the source of high-grade nickel, copper and palladium lenses intersected in drill holes at the Samapleu deposits”. Over the life of mine, the Samapleu project will produce an average of 3,900 t of carbonyl nickel powder, 8,400 t of carbonyl iron powder and 14,100 t of copper concentrate per year. Nickel and iron powders produced by CVMR®’s carbonyl process are used in batteries, 3D Printing, Metal Injection Moulding (MIM), aerospace and automotive parts manufacturing, medical instruments, | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report