Sama Graphite (SRG) Achieves 99.7% Graphite Purity 4,800-Meter Drilling Program and Environmental Baseline Study Underway
TSX Venture: SRG
Sama Graphite Inc.
1320 Graham, Suite 132
Ville Mont-Royal, Qc
Canada, H3P 3C8
FOR IMMEDIATE RELEASE
NR2017-02
Sama Graphite (SRG) Achieves 99.7% Graphite Purity
4,800-Meter Drilling Program and Environmental Baseline Study Underway
Montreal, Quebec, February 21, 2017 - Sama Graphite Inc. (TSXV: SRG) (“SRG” or the “Company”)
today announced flotation test results from its wholly-owned Lola Graphite project in Guinea, West Africa.
Purities of 99.7% and 99.1% were achieved for the +48 mesh (>0.31 millimeters (“mm”)) and the -48+80
mesh (between 0.18 mm and 0.31 mm), respectively using a light caustic acid wash (10% concentration).
The majority of the concentrate, 89% is made up of flake sizes greater than 0.18 millimeters. Super-
jumbo flakes (>0.50 mm) account for 29% of the concentrate with purities of 96.6% and 95.9%
graphitic carbon ("Cg") obtained following the basic floatation process (reference: Table 1).
"Our Lola deposit has returned, after only four tests, results that support a purity and quality of graphite
that is utilizable in a large spectrum of applications ,” stated Dr. Marc -Antoine Audet, P.Geo, President
and Chief Executive Officer. "Our objective is to complete a preliminary economic assessment by the
third quarter of 2017 and a feasibility study by mid-2018.”
A 4,800-meter drilling program is underway on the property with an objective to delineate National
Instrument 43-101 resources. SRG expects to complete the program by the beginning of July 2017.
Concurrently, the Company commenced an Environmental Baseline Study, which is being conducted by
the Ivorian organization, SIMPA.
Metallurgical processing refinements will continue in t he first quarter of 2017 to generate an optimized
flow sheet.
Table 1: Flotation Testing – December 2016 (Fourth Test)
Head Grade: 15.6%
Grinding Typical Flotation Acid Wash
Flake Size mm % % Cg % Cg
+28 Mesh (Super Jumbo) >0.61 8.0 96.6
99.7 +35 Mesh (Super Jumbo) >0.50 21.0 95.9
+48 Mesh (Jumbo) >0.31 28.0 93.4
+80 Mesh (Large) >0.18 32.0 89.3 99.1
-80 Mesh <0.18 11.0 83.2 Not tested
Metallurgical tests were carried out on surface oxide material from the Lola Graphite deposit by Activation
Laboratories Ltd., Thunder Bay, Ontario. Tests included optimization flotation to simplify the process and
eliminate previous flash flotation and gravity steps. A conventional flotation and concentrate regrind flow
sheet was used.
The technical information in this release has been reviewed and approved by Dr. Marc -Antoine Audet,
P.Geo, President & CEO, SRG, and a qualified person as de fined by National Instrument 43 -101,
Standards of Disclosure for Mineral Projects.
Stock Options Granted
The C ompany also announced that, pursuant to its Stock Option Plan and subject to regulatory
acceptance, it has granted an aggregate total of 3,583,000 incentive stock options to certain directors,
officers, employees and consultants of the Company, subject to certain vesting provisions. These options
will be exercisable at a price of $0.365 per common share and will expire on February 20, 2027.
About Sama Graphite Inc. (SRG)
SRG is a Canadian -based company focused on developing the Lola Graphite deposit , located in the
Republic of Guinea, West Africa. SRG is committed to operate in a socially, environmentally and ethically
responsible manner.
For additional information, please visit SRG’s website at www.srggraphite.com.
For more information contact:
Sama Graphite Inc.(SRG)
Dr. Marc-Antoine Audet, President and CEO
Tel.: +1 (514) 726-4158
Email: [email protected]
Jean-Paul Blais
President & CEO, NXT Communications
Tel.: +1 (514) 867-7447
Forward-Looking Statements
This press release contains information that may constitute forward-looking statements. Forward-looking
statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual
results and future events could differ materially from those expressed or implied in such statements. You
are hence cautioned not to place undue reliance on forward-looking statements. Additional Information
identifying risks and uncertainties is contained in the Company’s filings with the Canadian Securities
regulators, which filings are available at www.sedar.com.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this release.