Yepleu Nickel-Copper-Palladium Discovery Target Area Expands by 21km2
February 03 2014 - 5:00AM
Marketwired
Yepleu Nickel-Copper-Palladium Discovery Target Area Expands by
21km2
Sama to commence down-hole geophysical surveys
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 3, 2014) - Sama
Resources Inc./Ressources Sama Inc. ("Sama" or the "Company")
(TSX-VENTURE:SME) is pleased to announce the regional geological
mapping has identified that the geological host of the newly
discovered Yepleu nickel-copper-palladium mineralization extends
beyond the original 3 kilometers ("km") by 600 to 800 meters ("m")
to an area as vast as 6 km x 4 km.
"The Yepleu discovery is the first nickel-copper-palladium
deposit found outcropping at surface in West-Africa" stated
Dr. Marc-Antoine Audet, President and CEO. "Together with the
Samapleu nickel-copper-palladium deposits, the Yepleu discovery is
part of the recently discovered Yacouba layered
complex" Dr. Audet added.
The Yepleu Project is located 18 km southwest of the Samapleu
nickel-copper-palladium deposits at the southwest boundary of the
Samapleu Project in Côte d'Ivoire, West Africa. Exploration is
ongoing with both of the Company's 100% owned Coretech CSD 1300G
drill rigs.
Detailed geophysical interpretation of the airborne HTEM Survey
has identified more than 20 high priority targets for
nickel-copper-palladium exploration. The Yepleu area is just one of
them. The HTEM Survey clearly demonstrates the discovery potential
for additional nickel-copper sulphide deposits within Sama's
properties.
Down-hole geophysical surveys will commence shortly. Drill holes
will be surveyed after they are finished and any high priority
conductors that are identified will be targeted for follow-up drill
testing.
The reader is invited to view the new geophysical interpretation
contained in the link below:
http://www.samaresources.com/i/projects/samapleu/Yepleu_Discovery_Area_Expands_Feb_3.pdf.
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.
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.
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 the Company'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 the Company, or industry results, to vary or 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 and the estimation of mineral resources and
reserves, the geology, grade and continuity of mineral deposits,
the possibility that future exploration, development or mining
results will not be consistent with the Company'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 are 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, the Company 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.
Sama Resources Inc.Dr. Marc-Antoine AudetPresident and CEO(514)
726-4158Sama Resources Inc.Mr. Matt Johnston(604) 443-3835Toll
Free: 1 (877) 792-6688, Ext. 4
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