Sama Resources Announces Addition of Second Drill Rig at Samapleu Nickel Copper Project in Cote D'Ivoire
May 10 2011 - 7:00AM
Marketwired
Sama Resources Inc. (TSX VENTURE: SME) -
Highlights:
-- A second drill rig to be mobilized at Samapleu nickel-copper project.
-- Drilling at the newly identified Gogota laterite plateau in Guinea.
-- Mr. Roger Billington, P.Geo, appointed as Qualified Person for the
upcoming Mineral Resource estimation at the Sipilou South Nickel
laterite deposit.
-- All drilling results are available on the Company's website.
Sama Resources Inc. ("Sama" or the "Company") is pleased to
announce that based on encouraging results from the exploration
work to date, the current drilling program will be enhanced by
using a second diamond drilling rig to be mobilized on-site
shortly. The second rig will allow the Company to aggressively work
simultaneously on the definition drilling at the Samapleu main
nickel + copper + platinum members deposit, and permit further
definition and exploration drilling on the newly discovered
Samapleu Extension 1. This work includes testing regional
geophysical targets which Sama has identified.
The second rig will also be used to drill the entire laterite
profile identified last month in the Republic of Guinea at the
Company's Lola project at the Gogota plateau. To date, twelve pits
have been dug on a 400 metre ("m") by 400 m pattern at one of the
plateaus, which has returned red limonite followed downward by
asbolane-rich yellow limonite. A limitation on each pit's maximum
depth prevented going through the entire laterite profile.
Consequently, no saprolite facies are currently accessible.
Saprolite facies will be characterized in the upcoming drilling
program.
The Company is also pleased to announce that Mr. Roger
Billington, P.Geo, former Director for International Nickel
Laterite Exploration at Falconbridge, will be the Company's
Qualified Person for the upcoming Mineral Resource estimate at the
Company's Sipilou South Laterite deposit. Mr. Billington will visit
the project site during the first week of June.
Drilling at the Samapleu nickel + copper + platinum deposit is
ongoing and more than 7,000 m has been completed to date since
November 2010. All assay results and cross-sections are presented
on the Company's website at www.samaresources.com under Samapleu
Ni-Cu-PGE, Drilling Update April 11 2011.pdf.
The Samapleu project is a joint venture between the Company's
100% owned subsidiary Sama Nickel Corporation (66 2/3%) and SODEMI
(33 1/3%).
This News Release was prepared by Dr. Marc-Antoine Audet, P.Geo,
President and CEO of Sama Resources Inc., a Qualified Person under
NI 43-101.
Forward-Looking Statements
This news release contains forward-looking statements. Although
Sama believes that the expectations reflected in these
forward-looking statements are reasonable, undue reliance should
not be placed on them because Sama can give no assurance that they
will prove to be correct. Since forward-looking statements address
future events and conditions, by their very nature they involve
inherent risks and uncertainties. Additional information on these
and other factors that could affect Sama's operations and financial
results are included in reports on file with Canadian securities
regulatory authorities and may be accessed through the SEDAR
website (www.sedar.com).
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Sama Resources Inc. Dr. Marc-Antoine Audet President
and CEO (514) 726-4158 www.samaresources.com Hamza Thindal Capital
Corp. Kam Thindal Investor Relations (604) 566-9236 or Cell: (604)
488-9875
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