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Sama Resources Reports on SRG Graphite’s Latest Drill Results

Drill Results

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Suite 132, 1320 Graham

Ville Mont-Royal, Québec

Canada, H3P 3C8

NR 2018-06

Sama Resources Reports on SRG Graphite’s Latest Drill Results

Highlights Indicate 16.5m @ 12.7% Cg and 15m @ 10.4% Cg

Montreal, Quebec, March 21, 2018 – SAMA Resources Inc. (TSXV: SME) (“SME” or the “Company”)

today reports that SRG Graphite Inc. (“SRG”) announced drill results from its ongoing drilling program at

SRG’s Lola graphite deposit in Guinea, West Africa. To date, 346 boreholes, totalling 9,600 meters (“m”),

have be en drilled on the property of which, 175 boreholes, totalling 4,698m, since the Company

announced its maiden resource on December 22nd, 2017.

Once completed, the 2018 drilling program will result in a coverage of approximately 35% of the total

surface area of the deposit as defined by geological mapping, a geophysical Max -Min survey and

previous drilling and pitting. See (Figure 1) With these results, along with upcoming results, SRG will

have gathered sufficient data to produce a Preliminary Economic Assessment and continue to

demonstrate the potential of the deposit.

A drilling contract was awarded to Foraco S.A., an experienced drilling contractor, to expedite the

completion of the 2018 drilling program. In addition, Foraco’s two drill rigs, SRG continues to contract the

Company’s drill rig for infill drilling and regional exploration due to its proximity, availability and cost

effectiveness.

Assay results, conducted by Activation Laboratories Ltd in Canada, have been received for 276 boreholes

out of the 346 drilled to date. Composite results for 73 boreholes are s hown in Table 1. Mineralized

intervals were defined using 1.0% Graphitic Carbon grade (“Cg”) as a cut-off grade while highlights were

defined using 3.0% Cg.

Table 1: Composite Results of 73 boreholes

HOLE-ID FROM LENGTH CG HOLE-ID FROM LENGTH CG

m m % m m %

LL39-077412 4.00 27.50 3.49 LL48-163165 21.00 18.00 4.05

including* 7.50 6.52 including* 10.50 5.35

LL39-053403 0.00 33.00 5.82 LL48-143159 8.90 8.10 4.29

including* 15.00 10.42 LL48-199286 10.50 6.00 3.02

LL42-192773 0.00 3.00 2.57 LL48-180279 0.00 16.00 2.44

LL42-174766 6.00 16.50 3.66 including* 3.00 4.78

LL42-155759 0.00 25.30 4.57 LL48-162271 0.00 17.00 3.31

including* 16.50 5.86 including* 6.00 5.64

LL42-136752 21.00 16.80 4.54 LL48-151266 0.00 19.50 4.55

including* 10.50 5.95 including* 17.00 4.92

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HOLE-ID FROM LENGTH CG HOLE-ID FROM LENGTH CG

m m % m m %

LL42-117746 0.00 18.00 3.23 LL48-141315 0.00 19.50 4.03

LL42-099740 1.50 4.50 2.44 including* 12.00 5.30

LL42-081733 27.00 7.50 4.35 LL48-160323 0.00 18.00 3.76

LL42-063726 24.00 28.30 2.45 including* 7.50 6.15

LL42-044719 4.50 18.00 4.14 LL48-178330 1.50 12.00 1.62

LL42-021710 1.00 15.50 5.03 LL48-196339 3.00 10.50 4.98

including* 7.50 9.01 including* 9.00 5.47

LL41-800703 27.00 15.00 3.67 LL48-178433 1.50 7.80 1.46

LL45-210073 0.00 21.00 4.04 LL48-197440 0.00 10.50 1.32

including* 10.50 6.35 LL48-151218 0.00 28.70 6.35

LL45-167065 3.00 10.50 5.66 including* 21.20 7.86

including* 6.00 8.44 LL48-188232 1.50 13.60 2.67

LL45-149058 19.50 21.40 3.21 including* 1.50 7.07

including* 7.50 5.33 LL48-169224 2 19.25 3.44

LL45-130052 9.00 13.50 3.89 including* 9.00 5.07

LL45-112045 0.00 24.00 2.59 LL48-175491 2 15.70 1.40

including* 1.50 4.35 LL48-152482 2 22.20 5.63

LL45-093038 3.00 19.50 3.40 including* 20.70 5.96

LL45-076031 0.00 8.00 5.50 LL48-128494 0 13.50 4.05

LL45-057025 0.40 22.10 2.39 including* 8.50 5.60

LL45-034016 9.00 3.00 6.32 LL48-172595 0 30.00 4.42

LL45-030073 7.50 15.70 1.90 including* 17.20 6.25

LL45-051080 4.00 6.50 3.51 LL48-192603 0 4.50 1.43

LL45-075089 10.50 11.50 4.13 LL48-142690 0 18.20 4.72

LL45-093094 0.00 14.00 3.24 including* 15.00 5.31

including* 5.00 4.13 LL48-119682 2 18.50 3.77

LL45-124111 0.00 15.30 3.81 including* 9.00 5.94

including* 6.50 5.98 LL48-100781 2 19.50 3.83

LL45-220038 0.70 20.30 3.31 including* 5.60 6.70

including* 4.50 6.56 LL48-119792 2 16.80 1.37

LL45-201031 12.00 20.60 5.47 LL47-736721 0.00 27.10 4.38

including* 16.50 6.37 including* 11.00 7.80

LL45-183024 1.50 1.70 3.50 LL47-713713 0.00 34.00 4.82

including* 1.70 3.50 including* 10.50 10.25

LL45-164017 21.00 19.60 3.61 LL47-689704 0.00 24.00 4.89

including* 7.20 4.61 including* 16.50 6.09

LL45-145009 16.50 14.50 4.36 LL47-666695 0.00 28.50 8.37

including* 7.50 5.87 including* 16.50 12.72

LL45-126006 16.80 19.20 2.98 LL47-642687 3.00 30.00 3.51

including* 5.20 5.42 including* 10.50 6.79

LL42-107797 0.00 18.00 7.16 LL47-787422 0.00 33.90 3.57

including* 13.50 8.93 including* 26.40 4.23

LL42-089790 1.50 30.00 3.30 LL47-640475 7.50 25.50 2.73

including* 7.70 7.01 LL47-682490 0.00 31.50 2.86

LL42-070783 3.00 4.50 1.84 including* 3.00 9.62

LL42-051776 3.00 26.10 2.33 LL47-701497 16.50 19.50 5.17

LL48-199179 1.50 13.50 2.63 including* 11.00 7.54

LL48-181171 0.00 17.00 5.10 LL47-720504 4.50 34.50 4.65

including* 14.50 5.67 including* 20.95 6.69

*3% Cg cut-off grade (average grade of combined intervals).

All boreholes were drilled at an inclination of 50 degrees from horizontal and cross -cut the geological

succession as perpendicular as possible. Th e graphitic paragneiss displayed foliation dipping between

80 and 85 degrees to the west.

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Core logging and sampling were performed at SRG’s facility in the village of Lola. Sample preparation

was performed by Veritas Laboratory in Abidjan, Côte d’Ivoire. Pulp samples were delivered to Activation

Laboratories Ltd., Ancaster, Ontario, Canada. The samples were treated through a multistage furnac e

process to remove organic carbon and carbonate carbon. The remaining graphitic carbon was measured

as carbon dioxide in the infrared (“ IR”) cell as gas flowed through the cell. Carbon dioxide absorbs IR

energy at a precise wavelength within the IR spectr um. All analyses were performed using Eltra

instruments.

The technical information in this release has been reviewed and approved by Dr. Marc -Antoine Audet,

PhD Geo., P.Geo, Lead Geologist, SRG and a 'qualified person' as defined by National Instrument 43 -

101, Standards of Disclosure for Mineral Projects.

ABOUT SAMA

Sama is a Canadian-based mineral exploration and development company with projects in West Africa.

Sama holds a control position in SRG of 24,658,267 shares representing 43.93% of the issued an d

outstanding shares of SRG and is considered an insider for reporting purposes.

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., for the development of 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.

FOR FURTHER INFORMATION, PLEASE CONTACT:

SAMA RESOURCES INC./RESSOURCES SAMA INC.

Dr. Marc-Antoine Audet, President and CEO

Tel: (514) 726-4158

OR

Mr. Matt Johnston, Corporate Development Advisor

Tel: (604) 443-3835

Toll Free: 1 (877) 792-6688, Ext. 5

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.

FORWARD LOOKING STATEMENTS

Certain of the statements made and information cont ained herein are "forward -looking statements" or

“forward-looking information” within the meaning of Canadian securities legislation. 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 interpr etation of electrochemical characterization, 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

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development, the potential for delays in exploration or development activities, the inherent uncertainty of

cost estimates and the potential for unexpected costs and expen ses, 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 mo re 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.