Sama Resources Completes Down-Hole Geophysical Survey to Follow- up ON Shallow High Grade Nickel-Copper-Palladium Intercepts
TSX Venture Symbol: SME
SAMA RESOURCES INC./
RESSOURCES SAMA INC.
Suite 132, 1320 Graham
Ville Mont-Royal, Québec
Canada, H3P 3C8
NR 2017-02
SAMA RESOURCES COMPLETES DOWN-HOLE GEOPHYSICAL SURVEY TO FOLLOW-
UP ON SHALLOW HIGH GRADE NICKEL-COPPER-PALLADIUM INTERCEPTS
Montreal, Quebec - January 19, 2017 Sama Resources Inc. (“Sama” or the “Company”) (TSX-V:
SME) announces that the Company has delineated two very strong conductors at the Samapleu and
Grata properties using down-hole geophysical surveys (“DHTEM”) in Ivory Coast, West-Africa.
The geophysical testing was completed on December 19, 2016 by Abitibi Geophysics o f Val D’Or,
Canada and tested the 620 meter (“m”) SM34-564718 drill hole at the Samapleu main deposit and the
recently drilled 342 m GR72-787708 drill hole at the Grata property.
The company’s exploration objective is to delineate massive sulphide reservoirs that could be the source
of high grade nickel (“Ni”) copper (“Cu”) palladium (“Pd”) lenses intercepted in shallower drill holes at the
Samapleu deposits.
At Samapleu, drill hole SM34-564718 tested a pipe-like intrusion at depth and intercepted more than 200
meters of ultramafic layers with disseminated sulphide (420 m - 620 m ) and terminated within the
ultramafic complex. The drill hole is located 150m from another hole (SM44-693140b) which intercepted
91 m of ultramafic sequence (with mineralization up to 6.55% Cu) and included 3.4 m of 1.12% Ni, 0.50%
Cu and 1.61gpt Pd (intercepted at the bottom of the drill hole which suggested that the mi neralization
may continue at depth).
The DHTEM at SM34-564718 suggests the presence of two high intensity conductors (refer to table
below).
The Grata Permit is located adjacent to the north-eastern boundary of the Samapleu exploration permit
(PR 123). Sama believes that ultramafic sequences of the recently outlined large Yacouba Layered
Complex which hosts the Samapl eu nickel-copper-palladium deposits, are extending within the Grata
Permit and as such represent a prime target for nickel -copper-palladium mineralization. The drill hole
GR72-787708 terminated at 342 m and intersected the Yacouba complex sequence including fractured
pyroxenite and gabbro with sulphide mineralization as fractures filling between 180 and 187 meters.
The DHTEM at GR72-787708 suggests the presence of a high intensity off-hole conductor just below the
drill hole (refer to table below).
The Table below summarizes the DHTEM results and conductors outlined.
These rare Pipe Like 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.
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.
Stock Options Granted
The Company is pleased to announce that, pursuant to its Stock Option Plan and subject to regulatory
acceptance, it has granted an aggregate total of 1,875,000 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 $0.085 per common share and will expire on January 17, 2027.
Sama is a Canadian-based mineral exploration and development company with projects in West Africa.
For more information about Sama, please visit Sama’s website at
http://www.samaresources.com.
Time constant (Tau)
0-1=weak
1-3=moderate
3+=high
SM34_B1_Target 10 ms, very strong
All three anomalies may sit in the same horizon, with responses at different times coming
from different areas of the horizon.
The shorter wavelength, late time response, suggests that a strong conductor was
intersected and has some extension to the west of the hole.
All three anomalies may sit in the same horizon, with responses at different times coming
from different areas of the horizon.
The longer wavelength, late time response suggests that this conductive horizon may
extend further east and somewhat below the modelled target for SM34_B.
SM34_C1_CondHorizon 10 ms, very strong
SM34-564718
All three anomalies may sit in the same horizon, with responses at different times coming
from different areas of the horizon.
The early time response, suggests that weaker conductance is located above the hole
and to the east. This is not a recommended target location.
GR72_C1_CondHorizon 4 ms, strong
A broad conductive zone appears to be causing a response throughout the entire
hole. This long-wavelength response appears to be attributable to a sub-vertical
conductive horizon that crosses the hole somewhere around 200 m (although the
exact intersection point is not well defined due to the stronger response from
GR72_B in this vicinity).
SM34_A1_Weak 0.1 ms, very weak
GR72-787708
A large, strong conductor appears to sit below the hole and slightly to the north.
The response is centred around 200m, and is likely to sit in the same broad
conductive horizon identified as GR72_C. This is a very good target for follow-
up and drilling parameters to test this target are recommended in Table 2.
GR72_A1_Weak 0.1 ms, very weak A small, weak conductor appears to have been intersected by the hole. This does not
appear to be a significant target for follow-up
GR72_B1_Target 5 ms, strong
CommentsHole ID Modelled plates
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
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release.
Forward-Looking Statements Certain of the statements made and information contained herein are
"forward-looking statements" within the meaning of Canadian securities legislatio n 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, uncert ainties 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 -
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costs of remediation and mitigation, risk of title loss, the effects of accidents,