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Sama Resources Inc.
Summary
| Project: | Samapleu | |
|---|---|---|
| Deposit: | Yepleu | |
| Location: | Côte D'Ivoire | |
| Commodities: | Nickel-Copper-Palladium-Platinum | |
| Date: | 6/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-6-2019: Sama Resources Inc. announces an Exploration/Drilling Update report for its Yepleu deposit at the Samapleu project. Drilling results incl. 36m @ 0.40% Ni, 0.24% Cu, 0.10g/t Pd . MONTREAL, June 04, 2019 -- Sama Resources Inc. (“Sama”) (TSX-V: SME | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marc-Antoine Audet (Internal) | |
| ABSTRACT: | MONTREAL, June 04, 2019 -- Sama Resources Inc. (“Sama”) (TSX-V: SME | OTC-PK: SAMMF) and HPX TechCo Inc. (“HPX”), a subsidiary of High Power Exploration Inc., a private mineral exploration company in which mining entrepreneur Robert Friedland is a significant stake holder, are pleased to announce mineralized intervals from the second and third deep holes (YE29-553044 & YE22-225440; ref: press release of April 23, 2019) at the Yepleu Nickel-Copper-Cobalt-Palladium Project in Côte d’Ivoire. YE29-553044 returned 13.4 meter (“m”) of disseminated and semi-massive sulfides grading 0.76% nickel, 0.47% copper, 0.16 grams per tonne (‘g/t”) palladium (“Pd”) within a larger interval of 36 m of disseminated sulphide mineralisation grading 0.40% nickel, 0.24% copper and 0.10 g/t Pd. Hole YE22-225440 returned 13.4 m grading 0.40% Ni, 0.29% Cu and 0.10 g/t Pd including 1.7 m at 1.80% Ni, 0.57% Cu and 0.28 g/t Pd. Sama and HPX are also very pleased to announce that Hon. Jean-Claude Kouassi, Côte d’Ivoire’s Minister of Mines and Geology, and Hon. Abdallah Albert Toikeusse Mabri, Minister for Higher Education and Scientific Innovation, recently visited the Yepleu Project. Sama is exploring the Yepleu Project through a strategic partnership with HPX, utilizing HPX’s Typhoon electromagnetic geophysical survey technology. The Ministers were shown Typhoon in operation, as well as drill core from the nickel-copper-palladium mineralization discovered 550 metres below the surface in drill hole YE22-225440 following interpretation of the Phase 1 Typhoon survey in 2018. “We are pleased to host Ministers Kouassi and Mabri at our project. Minister Mabri is also the government representative of Région du Tonkpi, the region in which we operate, so it was important that both Ministers came away very impressed by the technical innovations that Sama and HPX have introduced in Côte d’Ivoire,” said Dr. Marc-Antoine Audet, President and CEO of Sama Resources. Dr. Audet added: “The Ministers now are well aware that in addition to established open-pit gold mines, Côte d’Ivoire has the potential for nickel-copper-cobalt-palladium deposits both at the surface and at depth within Sama’s newly-discovered Yacouba layered complex. We look forward to continuing our relationship with the government as we advance our exploration efforts with our strategic partner HPX.” | |
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