Sama Resources Inc./Ressources Sama Inc. (TSX VENTURE:SME) ("Sama" or the
"Company") has launched the next drilling program aimed at discovering
high-grade nickel-copper-palladium rich lenses at Samapleu and Yepleu deposits.
These deposits are hosted within a newly identified large anorthositic and
dioritic layered complex (the "Yacouba Layered Complex") in Cote d'Ivoire, West
Africa. 


The Tri-dimensional Conductivity Depth Imaging ("CDI") models generated from the
Helicopter Electromagnetic survey ("HTEM") returned numerous high priority
targets over the entire survey area, but more importantly, at, and in the
vicinity, of the Samapleu Main, Extension 1 and the Yepleu deposits. At the
Samapleu Main and the Extension 1 deposits, all high priority CDI's targets
could be related to the presence of mineralization in various concentrations
including semi-massive to massive lenses within what Sama believes to be the
mineralized trend extending at depth and also laterally. 


The 16 boreholes which cover 6,900 meters ("m"), and includes 14 boreholes at
the Samapleu Main and Extension 1 deposits and 2 boreholes at Yepleu are planned
using the combined interpretation from the latest Fixed Loop and Down-Hole TEM
("DHTEM") survey program together with the HTEM completed in 2013.


CDI's targets coincide very well with responses obtained from the recently
completed DHTEM survey. CDI is a very cost effective and time efficient way to
derive conductivity variations with depth from the raw HTEM data. CDI is
calculated using inversion results from the individual electro-magnetic decays
from each recorded station in the airborne data.


Readers are invited to click on following link to have access to Samapleu Main
and Extension 1 deposit surface map showing boreholes location and on the three
subsequent links for visualising vertical cross-sections with geophysical
targets and proposed borehole outlines.


http://samaresources.com/i/projects/samapleu/samapleumainext1surfaceboreholes.png 

http://www.samaresources.com/i/projects/samapleu/samapleumainsection10425.png

http://www.samaresources.com/i/projects/samapleu/samapleuext1section4225.png

http://www.samaresources.com/i/projects/samapleu/samapleuext1section5225.png

At Yepleu, the Company is chasing structural features that would have trapped
mineralized pyroxenite within the sub-horizontal large layered complex. The CDI
models and the DHTEM responses coincide also very well and are prime targets to
be tested by drilling.


See the Yepleu surface map and a cross section by clicking on the following links;

http://www.samaresources.com/i/projects/yepleu/yepleusurfacemap.png

http://www.samaresources.com/i/projects/yepleu/yepleusection6000.png

Exploration to date has focused mostly on shallow targets (less than 150m) at
the Samapleu deposits. Sama believes that mineralization at the Samapleu
deposits could plunge deeper and could extend laterally as suggested by the CDI
interpretation. It is interpreted that, based on the CDI interpretation, the
Samapleu Main and the Extension 1 Pipe- like Intrusion or conduit mineralized
hosts are linked together at depth as a large fold returning very strong
conductivity responses. 


These rare type of intrusions host the world's largest nickel-copper deposits
like Jinchuan, 515 million tonnes ("Mt") at 1.06% nickel; Voisey Bay, 137Mt at
1.68% nickel; Kabanga, 52Mt at 2.65% nickel; Eagle, 4.5Mt at 3.33% nickel; Eagle
Nest, 20Mt at 1.68% nickel; Kalatongke, 24Mt at 0.68% nickel and N'komati 2.8Mt
at 2.08% nickel. 


Details for the CDI and the DHTEM derived targets and presented in the Sama's
updated compilation at:
http://www.samaresources.com/i/pdf/Sama_Corporate_Presentation.pdf.


The technical information in this release has been reviewed and approved by Dr.
Marc-Antoine Audet, P.Geo and President and CEO of Sama, and a 'qualified
person', as defined by National Instrument 43-101, Standards of Disclosure for
Mineral Projects.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements Certain of the statements made and information
contained herein are "forward-looking statements" within the meaning of Canadian
securities legislation or "forward-looking information" within the meaning of
the Ontario Securities Act and the Securities Act (British Columbia).  This
includes statements concerning the Company's plans at its mineral properties,
which involve known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the Company, or
industry results, to vary or be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements or forward-looking information. Information regarding drilling
results may also be deemed to be forward-looking statements or forward-looking
information in that they reflect a prediction of what may be found to be present
when and if a project is actually developed.


Forward-looking statements and forward-looking information are subject to a
variety of risks and uncertainties which could cause actual events or results to
differ from those reflected in the forward-looking statements or forward-looking
information, including, without limitation, the availability of financing for
activities, risks and uncertainties relating to the interpretation of drill
results and the estimation of mineral resources and reserves, the geology, grade
and continuity of mineral deposits, the possibility that future exploration,
development or mining results will not be consistent with the Company's
expectations, metal price fluctuations, environmental and regulatory
requirements, availability of permits, escalating costs of remediation and
mitigation, risk of title loss, the effects of accidents, equipment breakdowns,
labour disputes or other unanticipated difficulties with or interruptions in
exploration or development, the potential for delays in exploration or
development activities, the inherent uncertainty of cost estimates and the
potential for unexpected costs and expenses, commodity price fluctuations,
currency fluctuations, expectations and beliefs of management and other risks
and uncertainties.


In addition, forward-looking statements and forward-looking information are
based on various assumptions. Should one or more of these risks and
uncertainties materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those described in forward-looking
information or forward-looking statements. Accordingly, readers are advised not
to place undue reliance on forward-looking statements or forward-looking
information. Except as required under applicable securities legislation, the
Company undertakes no obligation to publicly update or revise forward-looking
statements or forward-looking information, whether as a result of new
information, future events or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sama Resources Inc./Ressources Sama Inc.
Dr. Marc-Antoine Audet
President and CEO
(514) 726-4158


Sama Resources Inc./Ressources Sama Inc.
Mr. Matt Johnston
(604) 443-3835
Toll Free: 1 (877) 792-6688, Ext. 4
www.samaresources.com

Sama Resources (TSXV:SME)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Sama Resources Charts.
Sama Resources (TSXV:SME)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Sama Resources Charts.