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Sama Resources Inc
Symbol SME
Shares Issued 93,224,797
Close 2014-08-29 C$ 0.27
Market Cap C$ 25,170,695
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Sama tests 2.11% Ni, 1.89% Cu at surface near Samapleu

2014-09-02 07:23 ET - News Release

Dr. Marc-Antoine Audet reports

SAMA RESOURCES ANNOUNCES NEW IVORY COAST DISCOVERY GRADING UP TO 2.11% NICKEL AND 1.89% COPPER ON SURFACE

Sama Resources Inc. has made a new mineralized surface discovery showing grading of up to 2.11 per cent nickel and up to 1.89 per cent copper (tested using hand-held Niton XRF analyzer). This newly discovered mineralized sector, Bounta, is located nine kilometres southwest of the Samapleu nickel and copper deposits at the Samapleu project, Ivory Coast. The discovery outcrop shows blocks of mineralized pyroxenite with high concentrations of visible and altered nickel and copper-bearing sulphide.

The Bounta deposit was discovered while field validating one of the numerous targets identified from the airborne helicopter time domain electromagnetic and magnetic survey carried out in 2013. The surface expression of Bounta's HTEM anomaly resembles the HTEM anomaly observed overlying the combined Samapleu and Extension 1 deposits. Detailed geological mapping is continuing.

"The Bounta gossan is the second nickel-copper-palladium occurrence, after the Yepleu discovery, found outcropping at surface within the permitted Samapleu exploration area," stated Dr. Marc-Antoine Audet, president and chief executive officer. "This is yet another testimony to the vast potential of the large nickel-copper-palladium mineralized intrusive system associated with the recently discovered Yacouba layered complex."

The hand-held Niton XRF analyzer provides assay readings for a wide range of metallic elements, including nickel and copper. Readings are made through a window measuring a few square millimetres at the sample surface. Several readings are used to generate an averaged value. Reported values obtained using the Niton XRF analyzer are being used only for exploration planning.

Sama's exploration program is currently in the advanced phases at the company's Samapleu project. Future development will be managed through the joint venture owned by Sama Nickel Corp., a wholly owned subsidiary of the company (66-2/3 per cent), and Societe pour le Developpement Minier de Cote d'Ivoire (33-1/3 per cent).

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

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