Sama Resources Inc. is pleased to announce that in collaboration with our partner Ivanhoe Electric , the Company will upgrade the 2020 Preliminary Economic Assessment to a Pre-Feasibility Study aimed at launching production at the Samapleu deposit for producing a nickel concentrate and a copper concentrate. The 2020 PEA was prepared by DRA Global's [...]
Highlights - Intersection of a near-surface mineralized zone of 81.35 metres of highly disseminated sulphides including 5.0 metres of massive sulphide at Samapleu Main deposit. - Intersection includes 9.30 metres at 2.68% nickel and 1.47% copper. - Currently drilling at Yepleu prospect with two rigs. - Analyses for platinum group of elements are [...]
Sama Resources Inc. | is pleased to announce that it has entered into an agreement with Seahawk Gold Corp. for the acquisition of Sama's subsidiary Sama Resources Development Corp. which holds 100% of the issued and outstanding securities of Sama Resources Liberia Inc. .. In consideration for the purchase of Sama Cayman, Seahawk will issue [...]
Sama Resources Inc. | is pleased to announce that it has mobilized two core rigs to the Samapleu and Yepleu prospects as part of its work program for Q1 and Q2 of 2021. The Company confirms excellent results using HPX TechCo Inc's proprietary Typhoon™ system at Samapleu and Yepleu from down-hole electromagnetic surveys completed in November 2020 [...]
Sama Resources Inc. is pleased to announce that it has commenced a 5,000 metre diamond drilling program at Samapleu and Yepleu as part of its work program for Q1 and Q2 of 2021. Additionally, the Company has formalized, finalized and executed the earn-in and joint venture agreement with HPX Ivory Coast Holdings Inc. first announced on October 23 [...]
Sama Resources Inc. is pleased to announce that downhole electromagnetic surveys have been completed in a deep drill hole at the Yepleu target zone and in a deep drill hole at the Bounta target zone. The holes at Yepleu and Bounta were drilled in the early months of 2020, with both zones part of the large Yacouba Ultramafic-Mafic intrusive complex [...]
Sama Resources Inc. | is pleased to announce that geophysical activities have resumed on the Cote D'Ivoire nickel project, with downhole electromagnetic surveys planned in four deep drill holes at the Yepleu target zone and in one deep drill hole at the Bounta target zone. The holes at Yepleu and Bounta were drilled in the early months of 2020 [...]
Sama Resources Inc. is pleased to announce the assay results from boreholes drilled during the first half of 2020. The boreholes targeted the highly conductive zones defined by surveys completed using HPX TechCo Inc’s proprietary Typhoon™ electromagnetic geophysical technology . Boreholes were drilled at three sites: Samapleu, Bounta [...]
Sama Resources Inc. is pleased to announce, subject to regulatory approval, it has retained the services of BUY-IN NET to monitor trading in SME and SAMMF in real time and maintain databases of short sale and naked short sale time and sales data service. The service will be undertaken by Buy-In in compliance with the applicable policies of the TSX [...]
Sama Resources Inc. is pleased to announce results from its exploration drilling at its Nickel, Copper, Palladium projects in Ivory Coast, West Africa. Over the last five months, the Company completed 4,064 meters at three specific sites over a strike length of 25 kilometers ; Samapleu, Bounta and Yepleu. The drilling results at the Bounta zone [...]
Sama Resources Inc. today announced that the Company has filed on SEDAR an independent technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects supporting the results of a Preliminary Economic Assessment for the development of its Samapleu Nickel-Copper project located in Ivory Coast [...]
Highlights Average annual production of 3,900 tonnes of carbonyl nickel powder, 8,400 t of carbonyl iron powder and 14,100 t of copper concentrate over a 20-year mine life Capital costs of $282 million including contingency of $37 M Operational costs of $23.96/t milled Pre-tax Net Present Value at 8% discount rate of $615M and internal rate of [...]