Sama Resources Announces Positive Preliminary Economic Assessment for Samapleu Project
Pre-tax NPV of USD 615M and IRR of 32.5% over a 20-year mine life Highlights Average annual production of 3,900 tonnes(“t”) of carbonyl nickel powder, 8,400 t of carbonyl iron powder and 14,100 t of copper concentrate over a 20-year mine life Capital costs of $282 million (“M’) including contingency of $37 M Operational costs […]
Sama to Begin Enhanced Exploration Program using Three Drill Rigs. Drilling Targets at Yepleu to Commence next week
Montreal, Quebec – March 18, 2020 – Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME | OTC-PK: SAMMF) is pleased to announce enhanced exploration activities at its Nickel, Copper, Palladium projects in Ivory Coast, West Africa. The Company is currently exploring at three specific sites simultaneously over a strike length of 25 kilometers; Samapleu, […]
Sama intersects 4.6 meters of massive sulphide grading 1.98% Nickel, 0.92% Copper and 2.54 gpt Palladium in first Typhoon target at Samapleu
Montreal, Quebec – January 29, 2020 – Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME | OTC-PK: SAMMF) is pleased to announce the first drill hole of the 2020 campaign (hole: SM2020-1) aiming at a shallow target defined from HPX TechCo Inc’s (“HPX”) proprietary Typhoon™ electromagnetic geophysical (“Typhoon”) survey performed at the Samapleu deposit […]
Sama Resources Grants Stock Options
Montreal, Quebec – December 19, 2019 – Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME OTC PINK SHEETS: SAMMF) is pleased to announce that, pursuant to its Stock Option Plan and subject to regulatory acceptance, it has granted an aggregate total of 2,080,000 incentive stock options to certain officers, employees and consultants of the […]
HPX Exercises CAD$5,000,000 in Warrants Continuing its Strategic Investment in Sama
Montreal, Quebec – December 19, 2019 – Sama Resources Inc. (“Sama”) (TSX-V: SME | OTC-PK: SAMMF) and HPX Ivory Coast Holdings Inc. (“HPX Ivory Coast”), a subsidiary of High Power Exploration Inc. (“HPX”), a private mineral exploration company in which mining entrepreneur Robert Friedland is the Chairman and CEO, announce that HPX has exercised the […]