Nov 13 2013
Sama Resources Inc./Ressources Sama Inc. ("Sama" or the "Company") is pleased to announce a new discovery of nickel-copper sulphide mineralization at the company's Yepleu Project. The Yepleu Project is located 18 kilometers ("km") southwest of the Samapleu nickel-copper-palladium deposits at the southwest boundary of the Samapleu Project in Côte d'Ivoire, West Africa.
Drill holes YE32-418407 and YE32-418407B intersected 41 meters ("m") and 36 m respectively of mineralized pyroxenite with disseminated chalcopyrite, pentlandite and pyrrhotite sulphides including a combined 4.3 m and 4.0 m respectively of semi-massive sulphide mineralization at the Yepleu Project. The mineralized intersects are related to a 2.8 km InfiniTEM ground geophysical conductor lineament outlined by Abitibi Geophysics in August 2013.
The reader is invited to view the figure showing the highly prospective InfiniTEM targets together with the location of current drill holes at: http://www.samaresources.com/i/projects/samapleu/Yepleu_drilling_update_Nov_12.png
Sama Resources President & CEO Dr. Marc-Antoine Audet states: "We are very pleased about this new discovery. It's a clear indication that Sama's geological model applied since its inception in 2010 is the right one. These results further confirm Sama's belief of having discovered a new world-class nickel-copper-palladium camp in Côte d'Ivoire, West-Africa"
The disseminated mineralization is typically characterised by fine isolated grains to large granular aggregates of nickel, copper and iron sulphides. Sulphide phases observed so far include pyrrhotite, chalcopyrite, pentlandite and minor pyrite. Pentlandite occurs as inclusions in pyrrhotite. Disseminated sulphide occurs as fine grains of 0.5 to 1 millimetre in diameter, showing a high ratio of pyrrhotite versus chalcopyrite. Sulphide veinlets and fine filaments are also present. Composite grains of sulphide material are dominant, forming sulphide masses of odd shapes ranging from a few millimetres up to several centimetres in any one dimension. The semi-massive mineralization lenses show between 30% to 70% sulphide minerals.
Drilling continues at the Yepleu Project using both of Sama's 100% owned Coretech CSD 1300G drill rigs.
The purpose of the InfiniTEM surveys was to delineate semi-massive and massive material at depths of up to 500 m and to compliment the results of the Helicopter Time-Domain Electromagnetic & Magnetic ("HTEM") airborne survey performed in January of this year.
Surface sampling activities undertaken by the Company over the past several months have outlined the very high potential of the sector with surface showings with visible chalcopyrite and pentlandite.
Detailed geophysical interpretation of the airborne HTEM Survey has identified more than 20 high priority targets for nickel-copper-palladium exploration. Strong HTEM survey conductors were identified at the Samapleu Main and Samapleu Extension 1 nickel-copper-palladium deposits as well as along a corridor of more than 25 km oriented northeast-southwest. The Yepleu Project is just one of them.
The HTEM Survey clearly demonstrates the discovery potential for additional nickel-copper sulphide deposits.
The reader is invited to view the figure showing the highly prospective regional HTEM targets: http://www.samaresources.com/i/projects/samapleu/Samapleu_Yepleu_HTEM_Targets.png
Core logging and sampling was performed at Sama's facility in Yorodougou village. Sample preparations for the nickel-copper sulphide exploration program were performed at Société de Développement de Gouessesso's sample preparation facility in Gouessesso village under Sama's supervision. Sample pulps will be delivered to Bureau Veritas Mineral Laboratory's facility in Abidjan ("BVML") for dispatch by BVML directly to their assay laboratory, Ultra Trace Pty, in Perth, Australia. All samples will be assayed for Ni, Cu, Co, Pt, Pd and Au. The results should be available in approximately 4 weeks.
The technical information in this release has been reviewed and approved by Dr. Marc-Antoine Audet, P.Geo and President and CEO of Sama, and a 'qualified person', as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
For more details, the reader is invited to review Sama's updated compilation on its website at:
http://www.samaresources.com/i/pdf/Sama_Corporate_Presentation.pdf
Source: http://www.samaresources.com/