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Sama Resources Inc.
Summary
| Project: | Samapleu | |
|---|---|---|
| Deposit: | Yepleu | |
| Location: | Côte D'Ivoire | |
| Commodities: | Nickel-Copper-Palladium-Platinum | |
| Date: | 4/23/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-4-2019: Sama Resources Inc. announces an Exploration/Drilling Update report for its Yepleu deposit at the Samapleu project. Drilling results incl. 37m @ 0.4% Ni. MONTREAL, April 23, 2019 -- Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME | OT | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marc-Antoine Audet (Internal) | |
| ABSTRACT: | MONTREAL, April 23, 2019 -- Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME | OTC.PK: SAMMF) is pleased to announce that borehole YE22-225440 drilled at the Yepleu Sector 1 intersected 30 meters (“m”) of disseminated to semimassive and massive sulphide, including 1.7 m of massive sulphide (> 70% sulphide). Figure 1 (see below) illustrates the results of the geophysical system called “Mise-a-la-Masse” at the Yepleu Sector 1 prospect together with the trace projections for the three holes drilled to date. Assays results for boreholes YE29-553044 and YE22-225440 are still pending. “We are very pleased with the new discovery at Yepleu Sector 1 confirming the high potential of the entire Yacouba Layered Complex. The Complex extends over more than 50 kilometers within Sama’s land package. This new discovery comes as a validation of the 2018 helicopter TEM (‘HTEM’) survey combined with the high correlation with the Typhoon results” stated Dr. Marc-Antoine Audet, President and CEO of Sama. Dr. Audet added: “The Company will add additional targets identified with the ongoing Phase 2 of the Typhoon program at Yepleu”. Sama has intersected nickel sulphide mineralization in each of the five holes drilled to date at Yepleu at the exact location predicted by the Typhoon™ electromagnetic geophysical survey (“Typhoon”) Phase 1 survey of last year. This success prompted Sama to prioritize completing the Typhoon Phase 2 program over the most prominent HTEM targets at the Yepleu and Grata sectors. Figure 2 below shows the HTEM survey results, with the warm colour contours showing the conductivity intensity. The warmer the colour, the higher the conductivity. So far, Sama has only followed-up three HTEM targets with the Typhoon Phase 1 survey conducted last year, with many other targets to explore. Three specific sectors were identified for the current drilling program; Sectors 1, 2 and 3. | |
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