Dr. Marc-Antoine Audet reports

SAMA INITIATES SECOND DRILL HOLE AT YEPLEU AND RECEIVES FINRA APPROVAL ON US LISTING

Sama Resources Inc. has commenced the second deep exploration drill hole as part of a 6,000-metre drilling program launched in mid-November, 2018. The program is designed to test high-conductivity targets defined by the phase 1 Typhoon electromagnetic geophysical survey at the 100-per-cent-owned Yepleu property at the company's nickel-copper-cobalt-palladium project in Ivory Coast, West Africa.

The second drill hole is targeting an electromagnetic response located 3.1 kilometres southwest from the first hole (YE29-556043). The Typhoon response begins at approximately 750 metres from surface, with a core at 950 m, and appears to be open at depth. Drill hole YE29-556043 intersected sulphide mineralization showing up to 5.18 per cent copper and up to 3.56 per cent nickel (results obtained using the Niton XRF (X-ray fluorescence) analyzer, ref: press release dated Dec. 12, 2018).

2019 Yepleu drilling program

The drilling program is targeting conductivity anomalies potentially indicative of semi-massive and massive polymetallic sulphides located between 600 m and 900 m from surface. Capital Drilling Cote d'Ivoire Ltd. has been selected for executing this initial drilling program.

The company's exploration objective is to delineate massive sulphide reservoirs that could be the source of high-grade nickel-copper-cobalt-palladium lenses intersected in shallower drill holes at the Samapleu deposits.

The Samapleu mineralization is similar to layered, pipe-like or conduit-hosted nickel deposits elsewhere in the world. These rare types of intrusions host the world's largest nickel-copper deposits such as Jinchuan (515 million tonnes at 1.06 per cent nickel), Voisey's Bay (137 million tonnes at 1.68 per cent nickel), Kabanga (52 million tonnes at 2.65 per cent nickel), Eagle (4.5 million tonnes at 3.33 per cent nickel), Eagle Nest (20 million tonnes at 1.68 per cent nickel), Kalatongke (24 million tonnes at 0.68 per cent nickel) and N'komati (2.8 million tonnes at 2.08 per cent nickel).

Sama discovered the nickel-copper-cobalt-palladium mineralization when it discovered the Yacouba layered complex of mafic and ultramafic rock. This layered complex was created approximately 2.1 billion years ago by the intrusion of magma through the Man Shield. The Yacouba complex can be traced over a strike length of more than 30 kilometres within Sama's properties in Ivory Coast.

Sama commences trading on the U.S. OTC Markets Group Pink Sheets platform

Sama also confirms that, effective Dec. 4, 2018, the company received FINRA approval for the company's shares to begin trading on the OTC Markets Group Pink Sheets platform under the ticker symbol SAMMF. Sama's quotation on the OTC Pink is intended to begin the first step toward increasing the company's exposure to the U.S. markets.

About Sama Resources Inc.

Sama Resources is a Canada-based mineral exploration and development company with projects in West Africa. Sama Resources holds a control position in SRG Graphite of 24,658,267 shares, representing 35.54 per cent of the issued and outstanding shares of SRG Graphite, and is considered an insider for reporting purposes.

The technical information in this release has been reviewed and approved by Dr. Marc-Antoine Audet, PGeo, president and chief executive officer of Sama, a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

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