Sama to Drill High Priority HTEM and Downhole Geophysical Targets
at Samapleu and Yepleu Nickel-Copper-Palladium Deposits
MONTREAL, QUEBEC--(Marketwired - Apr 22, 2014) - Sama Resources
Inc./Ressources Sama Inc. (TSX-VENTURE:SME) ("Sama" or the
"Company") has launched the next drilling program aimed at
discovering high-grade nickel-copper-palladium rich lenses at
Samapleu and Yepleu deposits. These deposits are hosted within a
newly identified large anorthositic and dioritic layered complex
(the "Yacouba Layered Complex") in Côte d'Ivoire, West Africa.
The Tri-dimensional Conductivity Depth Imaging ("CDI") models
generated from the Helicopter Electromagnetic survey ("HTEM")
returned numerous high priority targets over the entire survey
area, but more importantly, at, and in the vicinity, of the
Samapleu Main, Extension 1 and the Yepleu deposits. At the Samapleu
Main and the Extension 1 deposits, all high priority CDI's targets
could be related to the presence of mineralization in various
concentrations including semi-massive to massive lenses within what
Sama believes to be the mineralized trend extending at depth and
also laterally.
The 16 boreholes which cover 6,900 meters ("m"), and includes 14
boreholes at the Samapleu Main and Extension 1 deposits and 2
boreholes at Yepleu are planned using the combined interpretation
from the latest Fixed Loop and Down-Hole TEM ("DHTEM") survey
program together with the HTEM completed in 2013.
CDI's targets coincide very well with responses obtained from
the recently completed DHTEM survey. CDI is a very cost effective
and time efficient way to derive conductivity variations with depth
from the raw HTEM data. CDI is calculated using inversion results
from the individual electro-magnetic decays from each recorded
station in the airborne data.
Readers are invited to click on following link to have access to
Samapleu Main and Extension 1 deposit surface map showing boreholes
location and on the three subsequent links for visualising vertical
cross-sections with geophysical targets and proposed borehole
outlines.
http://samaresources.com/i/projects/samapleu/samapleumainext1surfaceboreholes.png
http://www.samaresources.com/i/projects/samapleu/samapleumainsection10425.png
http://www.samaresources.com/i/projects/samapleu/samapleuext1section4225.png
http://www.samaresources.com/i/projects/samapleu/samapleuext1section5225.png
At Yepleu, the Company is chasing structural features that would
have trapped mineralized pyroxenite within the sub-horizontal large
layered complex. The CDI models and the DHTEM responses coincide
also very well and are prime targets to be tested by drilling.
See the Yepleu surface map and a cross section by clicking on
the following links;
http://www.samaresources.com/i/projects/yepleu/yepleusurfacemap.png
http://www.samaresources.com/i/projects/yepleu/yepleusection6000.png
Exploration to date has focused mostly on shallow targets
(<150m) at the Samapleu deposits. Sama believes that
mineralization at the Samapleu deposits could plunge deeper and
could extend laterally as suggested by the CDI interpretation. It
is interpreted that, based on the CDI interpretation, the Samapleu
Main and the Extension 1 Pipe- like Intrusion or conduit
mineralized hosts are linked together at depth as a large fold
returning very strong conductivity responses.
These rare type of intrusions host the world's largest
nickel-copper deposits like Jinchuan, 515 million tonnes ("Mt") at
1.06% nickel; Voisey Bay, 137Mt at 1.68% nickel; Kabanga, 52Mt at
2.65% nickel; Eagle, 4.5Mt at 3.33% nickel; Eagle Nest, 20Mt at
1.68% nickel; Kalatongke, 24Mt at 0.68% nickel and N'komati 2.8Mt
at 2.08% nickel.
Details for the CDI and the DHTEM derived targets and presented
in the Sama's updated compilation at:
http://www.samaresources.com/i/pdf/Sama_Corporate_Presentation.pdf.
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.
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./Ressources Sama Inc.Dr. Marc-Antoine
AudetPresident and CEO(514) 726-4158Sama Resources Inc./Ressources
Sama Inc.Mr. Matt Johnston(604) 443-3835Toll Free: 1 (877)
792-6688, Ext. 4www.samaresources.com
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