Sep 4 2014
Sama Resources Inc. is pleased to announce a new mineralized surface discovery showing grading of up to 2.11% nickel and up to 1.89% copper (tested using hand held Niton XRF analyzer).
This newly discovered mineralized sector, Bounta, is located nine kilometers southwest of the Samapleu nickel and copper deposits at the Samapleu project, Ivory Coast, West-Africa. The discovery outcrop shows blocks of mineralized pyroxenite with high concentrations of visible and altered nickel and copper bearing sulfide.
The Bounta deposit was discovered while field validating one of the numerous targets identified from the airborne helicopter time domain electromagnetic and magnetic survey (HTEM) carried out in 2013. The surface expression of Bounta's HTEM anomaly resembles the HTEM anomaly observed overlying the combined Samapleu and Extension 1 deposits. Detailed geological mapping is ongoing.
"The Bounta gossan is the second nickel-copper-palladium occurrence, after the Yepleu discovery, found outcropping at surface within the permitted Samapleu exploration area," stated Dr. Marc-Antoine Audet, President and Chief Executive Officer. "This is yet another testimony to the vast potential of the large nickel-copper-palladium mineralized intrusive system associated with the recently discovered Yacouba layered complex".
The hand held Niton XRF analyzer provides assay readings for a wide range of metallic elements including nickel and copper. Readings are made through a few square millimeters window at the sample surface. Several readings are used to generate an averaged value. Reported values obtained using the Niton XRF analyzer are being used only for exploration planning.
Sama's exploration program is currently in the advanced phases at the Company's Samapleu Project. Future development will be managed through the joint venture owned by Sama Nickel Corporation, a wholly-owned subsidiary of the Company (66 2/3%), and Société pour le Développement Minier de Côte d'Ivoire (33 1/3%).
Source: http://www.samaresources.com/