Sama Resources Announces Results of its New Preliminary Economic Assessment for the Samapleu-Grata Nickel-Copper Project, Côte d’Ivoire
Highlights: New PEA Demonstrates the Potential for a 16-Year Mine Producing Both a Conventional 26% Copper Concentrate and a 13% Nickel Concentrate, with Associated Platinum and Palladium By-Products The Project Presents a Pre-tax NPV8 of US$463M and Post-tax NPV8 of US$257M with a Post-tax IRR of 22.3% Together with an Initial Capital Cost of US$338M […]
Sama Welcomes New Vice President of Corporate Development
Montreal, Quebec – February 13, 2024 – Sama Resources Inc. (“Sama” or the “Company”) (TSXV: SME) (OTC: SAMMF) is pleased to announce the appointment of Matt Johnston as Vice President of Corporate Development. Johnston’s extensive experience will strengthen and propel Sama’s corporate development plans and M&A strategy, further instilling the Company as a lead project […]
Assay results for 13 drill holes return additional nickel and copper mineralisation at the near surface Yepleu prospect, Côte d’Ivoire, West-Africa. The Ni-Cu-PGE mineralisation has expanded with a second new zone
Highlights The Ni-Cu-PGE near surface mineralisation has expanded with a second new zone. Drill hole S-349 intersects 53 m of combined mineralisation layers grading 0.29% Ni including 2.60 m at 1.31% Ni and 0.95% Cu. Drill hole S-350 returned a 10 m thick mineralised magmatic pyroxenite including 6.70 m grading 0.71% Ni and 0.48% Cu […]
Sama Announces Engagement of Market Maker
Montreal, Quebec – January 15, 2024 – Sama Resources Inc. (“Sama” or the “Company”) (TSXV: SME) (OTC: SAMMF) is announcing that it has, further to its news release dated December 29, 2023, retained Independent Trading Group (“ITG”) to provide market making services in accordance with TSX Venture Exchange policies. ITG will trade the securities of the […]
Assay results for 7 holes return up to 1.58% nickel at the Yepleu prospect, Côte d’Ivoire, West-Africa. This shallow new discovery currently measures 500 metres by 400 metres.
Highlights Confirmation of a 500 x 400 metres, near surface, newly discovered Ni-Cu-PGE mineralisation, open in all directions. Drill hole S-341 returned a 21 m thick mineralised magmatic pyroxenite including 2.75 m of massive sulphide at 1.02% Ni and 0.56% Cu from 13 m below surface. Drill hole S-342 returned a 38 m thick mineralised […]