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Sama Resources Inc.
Summary
| Project: | Samapleu | |
|---|---|---|
| Deposit: | Samapleu | |
| Location: | Côte D'Ivoire | |
| Commodities: | Nickel-Copper-Palladium | |
| Date: | 1/29/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-1-2020: Sama Resources Inc. announces an Exploration/Drilling Update report for its Samapleu deposit at the Samapleu project. Drilling results incl. 4.6m @ 1.98% Ni, 0.92% Cu, 2.54g/t Pd. MONTREAL, Jan. 29, 2020 -- Sama Resources Inc. (“Sama” or the “C | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marc-Antoine Audet (Internal) | |
| ABSTRACT: | MONTREAL, Jan. 29, 2020 -- Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME | OTC-PK: SAMMF) is pleased to announce the first drill hole of the 2020 campaign (hole: SM2020-1) aiming at a shallow target defined from HPX TechCo Inc’s (“HPX”) proprietary Typhoon™ electromagnetic geophysical (“Typhoon”) survey performed at the Samapleu deposit returned 53 m grading 0.43% nickel (“Ni”), 0.30% copper (“Cu”) and 0.52 grams per tonne (“gpt”) palladium (“Pd”), including 4.6 m grading 1.98% Ni and 0.92% Cu and 2.54 gpt Pd. SM2020-1 was drilled 200 m southwest of the current mineral resources, hence extending the mineralized trend at the deposit. A second drill rig is currently set to test the 700 m deep Typhoon target at Samapleu (Fig. 2). The mineralization encountered in hole SM2020-1 is characterized by aggregates of the nickel, copper and iron sulphides pentlandite, chalcopyrite and pyrrhotite, respectively. Pentlandite occurs together with pyrrhotite, while the chalcopyrite is either mixed with the pentlandite and pyrrhotite or occurs as late millimetric to centimetric sulphide veins/accumulations. The textures of the sulphide mineralization vary from disseminated to semi-massive and massive (> 80% of sulphide material). | |
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