Sama Resources drills 0.32% nickel, 0.38% copper over 108.2 metres at Grata, Ivory Coast

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Sama Resources Inc. [SME-TSXV; SAMMF-OTC] reported assay results from three additional drill holes from the 2021 and 2022 drilling campaign at the Grata nickel-copper-palladium prospect, Ivory Coast, West Africa where the company owns the exploration rights. Sama owns 70% interest in the Ivory Coast project with its joint venture partner Ivanhoe Electric Inc. [IE-TSX] owning 30% and has the option to purchase up to a 60% interest in the project.

Sama has drilled a total of 64 drill holes totalling 15,924 metres at the project in 2022, with 45 drill holes totalling 14,995 metres at Grata alone. The assay results for holes GR-21 to GR-23 are summarized in this release, with remaining results pending.

“We are very pleased with Grata’s latest drill results as it continued confirming the potential to significantly enhance the combined Samapleu-Grata surface mineral resources. Metallurgical studies are ongoing using both the Samapleu and Grata material with the aim of producing a revised economic assessment in 2023,: stated Dr. Marc-Antoine Audet, President and CEO.

Dr. Audet added, “Samapleu and Grata are only two localized areas within our property package. There are more than 20 areas showing similar or better geophysical responses that are yet to be investigated.”

All measurements are core lengths and may not represent true geological widths.

In September 2021, Sama announced the Grata discovery located 5 km east of the Samapleu deposit.

The discovery hole, GR-03, drilled in June 2021, returned a 310-metre sequence of pyroxenite and gabbro containing a 147-metre interval of disseminated sulfides and several intersections of semi-massive sulphide mineralization. The second hole, GR-04, confirmed the width of the mineralized zone with a 141-metre mineralized intersection, including 6.4 metres grading 1.05% nickel, 1.28% copper and 0.48 g/t palladium and 6.6 metres grading 0.73% Ni, 0.38% Cu and 0.30 g/t Pd.

This release discloses mineralized intersections for hole GR-21 returning a combined 191.70 metres of mineralized material, including 11.85 metres grading 0.82% Ni, 0.68% Cu and 0.99 g/t Pd and 108.20 metres at 0.32% Ni, 0.38% Cu and 0.50 g/t Pd.

Hole GR-22 intersected a combined 49.15 metres of mineralized material, including 4.55 metres at 0.82% Ni, 0.73% Cu and 0.92 g/t Pd. Hole GR-25 intersected a combined 179.85 metres, including 37.40 metres at 0.24% Ni, 0.45% Cu and 0.54 g/t Pd and 116.95 metres at 0.23% Ni, 0.23% Cu and 0.32 g/t Pd.

The mineralization at Grata is similar in composition to the Sama’s Samapleu deposit but shows a higher proportion of chalcopyrite. Metallurgical studies are ongoing using Grata and Samapleu material.

Sama’s goal is to increase mineral resources at Samapleu and Grata as well as searching for massive sulphide veins and lenses that could have accumulated at depth in traps and embayments along the feeder system of the Yacouba UM Intrusive Complex.

Refer to original press release for complete table of drill results. Assays results are pending for 19 remaining holes.

Sama’s projects are located approximately 600 km northwest of Abidjan in Côte d’Ivoire and straddle both sides of the Ivorian and Guinean borders in West Africa. Sama’s projects are located adjacent to the large world-class nickel-cobalt laterite deposits of Sipilou and Foungouesso forming a 125 km long new Base Metal Camp in West Africa.

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