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Sama Resources Inc.
Summary
| Project: | Samapleu | |
|---|---|---|
| Deposit: | Yepleu | |
| Location: | Côte D'Ivoire | |
| Commodities: | Nickel-Copper | |
| Date: | 12/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-12-2018: Sama Resources Inc. announces an Exploration/Drilling Update report for its Yepleu deposit at the Samapleu project. XRF drilling results incl. 3.65m @ 2.0% Ni, 0.13% Cu from 569.50m. MONTREAL, Dec. 12, 2018 -- Sama Resources Inc. (“Sama” or th | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marc-Antoine Audet (Internal) | |
| ABSTRACT: | MONTREAL, Dec. 12, 2018 -- Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME) is pleased to announce the first hole targeting Typhoon™ electromagnetic geophysical survey (“Typhoon”) intersected 36 meters (“m”) of mineralized material starting at a depth of 536m including a total of 10.75m of semi-massive sulphides. Results obtained using the Niton XRF Analyzer (“Niton”) are described in the table below and include up to 5.18% Copper (“Cu”) starting at a depth of 543m and up to 3.56% Nickel (“Ni”) starting at a depth of 569m. This mineralized interval hit what appears to be the edge of a structure very close to where the anomaly was modeled using Typhoon and is the first hole of a series of deep holes designed at testing high-conductivity targets defined by the Phase 1 Typhoon at the 100%-owned Yepleu property at the Company’s NickelCopper-Palladium Project in Côte d’Ivoire, West Africa. The drill hole is continuing and is now at 776m from surface. "We are very pleased with the results from this first deep drill hole as it confirms the exceptional potential for nickel and copper mineralisation at depth in the large Yacouba layered complex. Additionally, we are very impressed by the accuracy of the Typhoon conductivity inversion. The hole hit the upper edge of the target leaving the remaining bottom two-thirds and the center untested," said Dr. Marc-Antoine Audet, P.Geo, President and Chief Executive Officer of Sama Resources. Downhole electromagnetic geophysics will be performed along the entire drill hole using the Typhoon™ system to help map the sulphides in greater detail. | |
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