Feb 7 2011
Sama Resources Inc. (TSX VENTURE:SME) has announced assay results for the first 7 holes of its Phase II definition and exploration drilling program at the Company's "Samapleu Project" in Côte d'Ivoire, Africa.
Highlights:
- Intersection of a mineralized zone of 33.29 metres grading 1.29% nickel and 1.16% copper, including 6.65 metres grading 3.71% nickel and 2.84% copper.
- Intersection of a mineralized zone of 19.6 metres grading 2.14% nickel+copper, including 2.55 metres grading 2.72% nickel and 1.75% copper.
- Intersection of a possible new parallel mineralized horizon: 8.25 metres of mineralization, including 0.5 metres of massive sulphide and 2.75 metres of semi-massive sulphide.
- Commenced 1,000 metre drilling program at its Sipilou South nickel and cobalt-rich laterite deposit.
"Management is very excited about the excellent nickel and copper grades being returned over good widths in this drilling program. These results further confirm that Sama feels it has a world-class opportunity at its Samapleau Project," stated Dr. Marc-Antoine Audet, President and CEO.
In January, 2011, the Company drilled 7 holes totalling 846 m. Since the start of the Phase II drilling program on October 10, 2010, 27 boreholes totalling 3,604 m of the planned 9,000 m have been completed.
Drill hole SM44-450250b has returned 33.29 m grading 1.29% nickel and 1.16% copper, including 6.65 m at 3.71% nickel, 2.84% copper and 3.42 grams per tonne ("gpt") palladium, platinum and rhodium combined.
Drill hole SM44-450250c intersected 38.6 m grading 0.52% nickel and 0.88% copper, including 2.55 m at 2.72% nickel, 1.75% copper and 2.62 gpt palladium, platinum and rhodium combined.
The Company is also pleased to announce that it has intersected 8.25 m of mineralization, including 0.5 m of massive sulphide and 2.75 m of highly disseminated sulphide, starting 25 m below surface in hole SM44-680289. True widths are not known at this time. The orientation and geometry of this new intercept needs to be further defined, as it is located approximately 75 m east of the main Samapleu mineralization and may represent a new and parallel mineralized horizon.
The Samapleu exploration license hosts a significant amount of nickel+cobalt and scandium-rich laterite material, known as the Sipilou South laterite deposit, which is located 5 kilometres northwest of the Samapleu Project. Approximately 50% of the Sipilou South laterite deposit extends into the exploration license. Laterite material grading between 1.2% to 2.04% nickel and 0.06% to 0.10% cobalt has been reported from previous works. Sama has started a 1,000 m drilling program which is aimed at defining an inferred mineral resource based on an 800 m x 400 m grid.
Drilling was performed by Global Exploration Services SARL of Abidjan, Côte d'Ivoire. Core logging and sampling were performed at Sama's facility in Yorodougou village. Sample preparations were performed at Société de Développement de Gouessesso's sample preparation facility in Gouessesso village under Sama's supervision. Sample pulps were delivered to Bureau Veritas Mineral Laboratory's facility in Abidjan ("BVML") and then dispatched by BVML directly to their assay laboratory, Ultra Trace Pty, in Perth, Australia. All samples will be assayed for nickel, copper, cobalt, fer, sulphur, platinum, palladium, rhodium and gold.
The Samapleu Project is a joint venture among the Company's 100% owned subsidiary SAMA Nickel Corporation (66 2/3%) and SODEMI (33 1/3%).
The Company is closely monitoring the political situation in Côte d'Ivoire. Sama's exploration and drilling program at the Samapleu Project continues as scheduled.
This News Release was prepared by Dr. Marc-Antoine Audet, P.Geo, President and CEO of Sama Resources Inc. and a Qualified Person under NI 43-101.
Source: Sama Resources Inc.