Sama Resources Provides Update on Spin-Out of SRQ Resources, Its Quebec Nickel Subsidiary
Montreal, Quebec – June 28, 2023 Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME; OTC-PK: SAMMF) is pleased to provide an update on its previously-announced spin-out transaction (the “Spin-Out”) of SRQ Resources Inc. (“SRQ”), a wholly-owned subsidiary of Sama. Valuation Report The Company announces today the dissemination of a valuation report (the “Valuation Report”) […]
Sama Resources Doubles Mineral Resources at the Samapleu-Grata Nickel-Copper Deposits in Côte d’Ivoire, West Africa. Metallurgical Copper Recovery up to 88% in a 26% Copper Grade Concentrate and up to 72% Nickel Recovery in a 13% Nickel Grade Concentrate
Highlights Using an NSR cut-off-value of USD$16.34/tonne, the inferred and indicated mineral resource estimates now stand at 102 million tonnes and 15.0 million tonnes grading 0.25% nickel. Mineralized material is amenable to produce a 26% copper concentrate at up to 88% copper recovery and a 13% nickel concentrate at up to 72% nickel recovery. 60% […]
Sama Resources Announces Arrangement for The Spinout of SRQ Resources, Its Quebec Nickel Subsidiary
Montréal, Quebec – May 25, 2023 – Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME; OTC-PK: SAMMF) is pleased to announce that it has entered into an arrangement agreement (the “Arrangement Agreement”) with SRQ Resources Inc. (“SRQ”), a wholly-owned subsidiary of Sama, pursuant to which the parties intend to complete a spin-out transaction (the “Spin-Out”) […]
Sama Reports Metallurgical Copper Recovery of 83% on 26% Copper Grade at Samapleu and Copper Recovery of 88% on 27% Copper Grade at Grata and up to 72% nickel recovery on 13% nickel grade concentrate. Samapleu and Grata projects are both located in the Ivory Coast, West Africa
Montréal, Quebec–March 06, 2023 – Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME; OTC-PK: SAMMF) is pleased to announce completion of the latest metallurgical test program applying a modified process flowsheet to its Samapleu-Grata nickel (“Ni”), copper (“Cu”), cobalt (“Co”) and platinum group elements (“PGE”) Project in Ivory Coast, West Africa. The latest metallurgical testwork […]
Seven additional holes drilled at the newly discovered Grata prospect in Ivory Coast confirm strike and down-dip continuity of nickel-copper-palladium mineralization
Highlights: Hole GR-30 intersected a total of 224 metres of mineralisation including 30.5 metres grading45% nickel, 0.42% copper and 0.34gpt palladium in addition to a further 32.0 metres grading 0.33% nickel, 0.42% copper and 0.27gpt palladium. Semi-massive sulphide lenses returning nickel grades of 1.20 % and 2.07% are present. Hole GR-30 also intersected 24.0 metres grading […]