Sama and HPX return 13 metres of 0.76% Nickel and 0.47% Copper at newly discovered zone at Yepleu Côte d’Ivoire’s Minister of Mines and Minister of Scientific Innovation visit Yepleu Nickel-Copper-Palladium Project
Sama and HPX return 13 metres of 0.76% Nickel and 0.47% Copper at newly
discovered zone at Yepleu
Côte d’Ivoire’s Minister of Mines and Minister of Scientific Innovation visit Yepleu Nickel-Copper-Palladium Project
MONTREAL, June 04, 2019 -- Sama Resources Inc. (“Sama”) (TSX-V: SME | OTC-PK: SAMMF) and HPX TechCo Inc.
(“HPX”), a subsidiary of High Power Exploration Inc., a private mineral exploration company in which mining entrepreneur
Robert Friedland is a significant stake holder, are pleased to announce mineralized intervals from the second and third deep
holes (YE29-553044 & YE22-225440; ref: press release of April 23, 2019) at the Yepleu Nickel-Copper-Cobalt-Palladium
Project in Côte d’Ivoire. YE29-553044 returned 13.4 meter (“ m”) of disseminated and semi-massive sulfides grading 0.76%
nickel, 0.47% copper, 0.16 grams per tonne (‘ g/t”) palladium (“Pd”) within a larger interval of 36 m of disseminated sulphide
mineralisation grading 0.40% nickel, 0.24% copper and 0.10 g/t Pd. Hole YE22-225440 returned 13.4 m grading 0.40% Ni,
0.29% Cu and 0.10 g/t Pd including 1.7 m at 1.80% Ni, 0.57% Cu and 0.28 g/t Pd.
Sama and HPX are also very pleased to announce that Hon. Jean-Claude Kouassi, Côte d’Ivoire’s Minister of Mines and
Geology, and Hon. Abdallah Albert Toikeusse Mabri, Minister for Higher Education and Scientific Innovation, recently visited
the Yepleu Project. Sama is exploring the Yepleu Project through a strategic partnership with HPX, utilizing HPX’s Typhoon
electromagnetic geophysical survey technology.
The Ministers were shown Typhoon in operation, as well as drill core from the nickel-copper-palladium mineralization
discovered 550 metres below the surface in drill hole YE22-225440 following interpretation of the Phase 1 Typhoon survey in
2018.
“We are pleased to host Ministers Kouassi and Mabri at our project. Minister Mabri is also the government representative of
Région du Tonkpi, the region in which we operate, so it was important that both Ministers came away very impressed by the
technical innovations that Sama and HPX have introduced in Côte d’Ivoire,” said Dr. Marc-Antoine Audet, President and CEO
of Sama Resources.
Dr. Audet added: “The Ministers now are well aware that in addition to established open-pit gold mines, Côte d’Ivoire has the
potential for nickel-copper-cobalt-palladium deposits both at the surface and at depth within Sama’s newly-discovered Yacouba
layered complex. We look forward to continuing our relationship with the government as we advance our exploration efforts with
our strategic partner HPX.”
Eric Finlayson, President of HPX, said: “Following the excellent correlation between the Typhoon electromagnetic targets and
mineralization found in subsequent drilling, we are very pleased to see Typhoon used for high-resolution downhole
electromagnetic work. This is the first time that Typhoon has been used in downhole mode, and we are confident that its
power and high signal quality will continue to define new targets for drill testing.”
Figure 1: Sama Resources’ CEO, Dr. Marc-Antoine Audet (foreground, left), showing Minister Kouassi (centre) and
Minister Mabri (right) disseminated to semi-massive and massive sulphide drill core from holes drilled at Yepleu at
the exact location predicted by the Phase 1 Typhoon geophysical survey.
https://www.globenewswire.com/NewsRoom/AttachmentNg/9f7768c3-f5b5-40e3-9111-aea98c778f1b
Figure 2: (From left to right) Coulibaly Seydou, Advisor, Dr. Audet, Minister Mabri, Minister Kouassi, and Coulibaly
Ibrahima, Department of Mines Director, in front of the Typhoon generator at the Yepleu Project.
https://www.globenewswire.com/NewsRoom/AttachmentNg/91fdbf22-f2e1-4766-a4ad-0f37130033b4
About HPX
HPX is a privately-owned, metals-focused exploration company deploying proprietary in-house geophysical technologies to
rapidly evaluate buried geophysical targets. The HPX technology cluster comprises geological and geophysical systems for
targeting, modelling, survey optimization, acquisition, processing and interpretation. HPX has a highly experienced board and
management team led by Chief Executive Officer Robert Friedland and President Eric Finlayson, a former head of exploration
at Rio Tinto. For further information, please visit www.hpxploration.com.
About Sama Resources
Sama is a Canadian-based mineral exploration and development company with projects in West Africa. On October 23, 2017,
Sama announced that it had entered into a binding term sheet in view of forming a strategic partnership with HPX TechCo Inc.,
a private mineral exploration company in which mining entrepreneur Robert Friedland is a significant stakeholder, in order to
develop its Côte d’Ivoire Nickel-Copper and Cobalt project in Côte d’Ivoire, West-Africa. For more information about Sama,
please visit Sama’s website at http://www.samaresources.com.
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.
FOR FURTHER INFORMATION, PLEASE CONTACT:
SAMA RESOURCES INC./RESSOURCES SAMA INC.
Dr. Marc-Antoine Audet, President and CEO
Tel: (514) 726-4158
OR
Matt Johnston, Corporate Development Advisor
Tel: (604) 443-3835
Toll Free: 1 (877) 792-6688, Ext. 5
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responsibility for the adequacy or accuracy of this release.
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