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Tuesday, February 7, 2023

Nw: Sama Resources drills 0.30% nickel, 0.34% copper over 97.85 metres at Grata, Ivory Float

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Sama Resources Inc.reported assay results from four extra drill holes from the 2021-22 drilling campaign on the Grata nickel-copper prospect, Ivory Float, West Africa.

Sama drilled a total of 85 drill holes totalling 26,787 metres on the mission in 2021-22, along with 45 drill holes totaling 14,893 metres on the Grata prospect and 21 holes for five,643 metres on the Samapleu deposit. The assay results for holes GR-24 to GR-26 and GR-28 at Grata are summarized on this liberate. Assays results for fourteen holes drilled on the Grata deposit are pending.

Highlights: Hole GR-26 intersected a total of 188 metres of mineralization along with 80.75 metres grading 0.33% nickel, 0.40% copper and zero.30 g/t palladium; along with 3.45 metres grading 1.45% nickel, 1.19% copper and 1.16 g/t palladium.

Hole GR-28 intersected 194 metres of mineralization, along with 97.85 metres grading 0.30% nickel and zero.34% copper.

“Right this moment’s drill results continue along with exceptionally thick nickel-copper-palladium mineralized intersections to further extend ability on the newly stumbled on Grata deposit. We dwell up for following these results up with pending assays for the closing fourteen holes drilled in 2022 at Grata,” said Dr. Marc-Antoine Audet, President and CEO. Dr Audet added: “In 2023, Sama will likely be delivering extra metallurgical and technical be taught at each the Samapleu and the newly stumbled on Grata deposits for a ability nickel-copper-cobalt and palladium originate pit operation.”

Sama’s Ivorian mission is created from 5 exploration permits for 850 km2. Bigger than 20 targets had been outlined from geophysical surveys, out of which easiest three zones bear been explored.

In September 2021, Sama introduced the Grata discovery located 5 km east of the Samapleu deposit. The discovery hole, GR-03, drilled in June 2021, returned a 310-metre sequence of pyroxenite and gabbro containing a 147 metres interval of disseminated sulphides and several intersections of semi-huge sulphide mineralization.

The 2nd hole, GR-04, confirmed the width of the mineralized zone with a 141-metre mineralized intersection, along with 6.4 mietres grading 1.05% nickel, 1.28% and zero.48 g/t palladium and 6.6 metres grading 0.73% Ni, 0.38% Cu and zero.30 g/t Pd.

Old intersections integrated hole GR-21 with a blended 191.70 metres of mineralized cloth, along with 11.85 metres grading 0.82% Ni, 0.68% Cu and zero.99 g/t Pd and 108.20 metres at 0.32% Ni, 0.38% Cu and zero.50 g/t Pd.

This liberate discloses results for hole GR-25, which intersected a blended 179.85 metres of mineralization, along with 37.40 metres at 0.24% Ni, 0.45% Cu and zero.54 g/t Pd and 116.95 metres at 0.23% Ni, 0.23% Cu and zero.32 g/t Pd and hole GR-28 returning 194 metres of blended mineralized zones along with 97.85 metres grading 0.30% Ni, 0.34% Cu and zero.24 g/t Pd. GR-11 drilled in January 2022 along the same part returned 212 metres of blended mineralized zones, along with 8.20 metres at 0.84% Ni, 1.10% Cu and 1.24 g/t Pd, with several narrow huge and semi-huge stringers scattered via the mineralized intervals.

The mineralization at Grata is linked in composition to the Samapleu deposit nonetheless reveals a higher proportion of chalcopyrite. Metallurgical be taught are ongoing using Grata and Samapleu cloth.

Sama’s goal is to develop mineral belongings at Samapleu and Grata as effectively as browsing for huge sulphide veins and lenses that would even bear gathered at depth in traps and embayments along the feeder machine of the Yacouba UM Intrusive Complex.

Sama’s initiatives are located roughly 600 km northwest of Abidjan in Cote d’Ivoire. Sama’s initiatives are located adjoining to the world-class nickel-cobalt laterite deposits of Sipilou and Foungouesso forming a 125-km long contemporary Unfriendly Metal Camp in West Africa.

Sama owns 70% pastime in the Ivory Float mission with its joint endeavor partner Ivanhoe Electrical Inc. [IE-TSX] proudly owning 30%. Ivanhoe Electrical has the likelihood to set up as much as a 60% pastime in the mission.

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