SME Sama Resources Inc

Sama Resources Inc. (TSX VENTURE:SME) - 

Highlights:



--  Drilling resumes at the Samapleu Project in Cote d'Ivoire 
--  Very encouraging metallurgical results for high ratio upgrading
    potential at Samapleu 
--  Discovery of additional occurrences of Massive Chromites at the Samapleu
    Project 
--  Drilling commences at the Lola Project in Guinea.



Sama Resources Inc. ("Sama") is pleased to announce that Phase 3 drilling at its
Samapleu Project will resume by mid-April to test the mineralization in the
northeastern and southwestern extensions of the Samapleu Extension 1 Nickel and
Copper deposit. The drilling program will also aim at testing the potential of
the Samapleu Main deposit at depth. Drilling will be performed by Global
Exploration Services SARL of Abidjan, Cote d'Ivoire.


Sama is also pleased to announce that Phase 1 drilling has commenced at the
Gogota laterite plateau at Sama's Lola Project in neighbouring Guinea, using 2
Sama-owned portable Jacro 175 drill rigs. Sama expects to drill all laterite
plateaus discovered at its Lola Project in Guinea. To date, Sama has discovered
a total of 15 prospective laterite plateaus in the region. The Jacro 175 drill
rigs are capable of yielding HQ size core material (63.5 mm in diameter), down
to a depth of 60 to 70 metres. Additional exploration work is ongoing at the
Lola Project, aiming at delineating Nickel-Copper mineralization, Nickel-Cobalt
laterites and the potential of Massive Chromites associated with layered
complexes.


During 2012, the 2 Sama-owned drill rigs will be used at Sama's Lola Project in
Guinea and its Samapleu Project in Cote d'Ivoire.


Massive Chromites

During the month of March 2012, Sama outlined additional surface occurrences of
Massive Chromites in Cote d'Ivoire that were of similar quality as previously
discovered and reported on February 14 and 16, 2012. The latest discovery is an
80-metre long cluster of large Massive Chromite blocks, in the highly
prospective 19-kilometre long Bounta-Gangbapleu ridge, which brings the total
specific Massive Chromite occurrences to 8. Chromite occurrences discovered to
date are grouped into 2 main sectors called Bounta North and Bounta South.
Surface mapping continues along the entire ridge.


Exploration work is ongoing using the rock drill percussion Pionjar system,
which permits the collection of representative samples at a selected depth
ranging from surface to 30 metres. Chromite intersections at the Bounta North
occurrence were found at various depths ranging from 9 to 20 metres. Other
Chromite occurrences are yet to be tested using the Pionjar system. Conventional
drilling will be performed as soon as possible, whereupon additional samples
will be taken for chemical analysis. These Massive Chromite occurrences, in
addition to having significant potential by themselves as possible candidates
for direct shipping of economic material, are indicative of a highly favourable
geological environment for additional Samapleu Nickel-Copper style
mineralization.


Samapleu Mineral Resources and Metallurgical Tests

Development of the mineral resources at the Samapleu Main and Samapleu Extension
1 deposits is ongoing using data from the 2010/11 drilling programs.


Metallurgical pre-concentration tests performed by Societe Generale de
Surveillance ("SGS") in Lakefield, Ontario, and by Minesense in Vancouver, BC,
have returned very encouraging results which establish the potential for high
ratio upgrading by separating barren and low grade material prior to processing
by milling and flotation. Minesense's electromagnetic separation tests have
shown that from a head grade of 0.27% Nickel and 0.21% Copper, 91.8% of the
Nickel and 91.2% of the Copper content can be recovered by rejecting 36% of the
feed mass, creating a 0.39% Nickel and a 0.30% Copper concentration of material.


Based on upgrading tests performed in 2011 by SGS in Lakefield, the concentrate
produced above could be further upgraded using Heavy Media separation, with a
further 55% rejection of the mass creating a feed for the flotation circuit
grading 0.66% Nickel and 0.53% Copper. Thus, the material for milling and
flotation would be considerably reduced. Previous work by SGS on Samapleu
material has indicated that a high quality flotation Nickel-Copper concentrate
can be produced from such feed. Such potential processing approaches are being
examined further as they will allow Sama to investigate the possibility of
mining all mineralized material defined using a very low cut-off grade of
Nickel.


The reader is invited to review Sama's updated compilation of details regarding
showings, deposits and locations on its website at
http://www.samaresources.com/i/pdf/Sama_Corporate_Presentation.pdf.


The Samapleu Project in Cote d'Ivoire is currently in its exploration phase.
Future production will be managed by a joint venture controlled 66 2/3% by Sama
Nickel Corporation, a wholly-owned subsidiary of Sama, and 33 1/3% by Societe
pour le Developpement Minier de Cote d'Ivoire. The exploration licenses for the
Lola Project in Guinea are exclusively held by a wholly-owned subsidiary of
Sama.


Further to Sama's news release dated September 13, 2011, Sama also announces
that it has terminated effective February 29, 2012, its investor relations
agreement with Brisco Capital Partners Corp.


This news release was prepared by Dr. Marc-Antoine Audet, P.Geo., President and
CEO of Sama, and by Dr. Phillip Mackey, P.Eng., a metallurgical consultant, both
acting as Qualified Persons under National Instrument 43-101, Standards of
Disclosure for Mineral Projects.


Forward-Looking Statements

Certain of the statements made and information contained herein are
"forward-looking statements" within the meaning of Canadian securities
legislation or "forward-looking information" within the meaning of the Ontario
Securities Act and the Securities Act (British Columbia). This includes
statements concerning Sama's plans at its mineral properties, which involve
known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of Sama, or industry results, to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements or forward-looking
information. Information regarding drilling results may also be deemed to be
forward-looking statements or forward-looking information in that they reflect a
prediction of what may be found to be present when and if a project is actually
developed.


Forward-looking statements and forward-looking information are subject to a
variety of risks and uncertainties which could cause actual events or results to
differ from those reflected in the forward-looking statements or forward-looking
information, including, without limitation, the availability of financing for
activities, risks and uncertainties relating to the interpretation of drill
results, the geology, grade and continuity of mineral deposits, the possibility
that future exploration, development or mining results will not be consistent
with Sama's expectations, metal price fluctuations, environmental and regulatory
requirements, availability of permits, escalating costs of remediation and
mitigation, risk of title loss, the effects of accidents, equipment breakdowns,
labour disputes or other unanticipated difficulties with or interruptions in
exploration or development, the potential for delays in exploration or
development activities, the inherent uncertainty of cost estimates and the
potential for unexpected costs and expenses, commodity price fluctuations,
currency fluctuations, expectations and beliefs of management and other risks
and uncertainties.


In addition, forward-looking statements and forward-looking information is based
on various assumptions. Should one or more of these risks and uncertainties
materialize, or should underlying assumptions prove incorrect, actual results
may vary materially from those described in forward-looking information or
forward-looking statements. Accordingly, readers are advised not to place undue
reliance on forward-looking statements or forward-looking information. Except as
required under applicable securities legislation, Sama undertakes no obligation
to publicly update or revise forward-looking statements or forward-looking
information, whether as a result of new information, future events or otherwise.

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