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or Name
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Sama Resources Inc
Symbol SME
Shares Issued 188,426,410
Close 2018-07-23 C$ 0.30
Market Cap C$ 56,527,923
Recent Sedar Documents

Sama investment SRG files Gogota NI 43-101 estimate

2018-07-23 16:26 ET - News Release

Dr. Marc-Antoine Audet reports

SAMA RESOURCES REPORTS SRG GRAPHITE FILES NI 43-101 TECHNICAL REPORT FOR PREVIOUSLY ANNOUNCED GOGOTA NICKEL-COBALT-SCANDIUM DEPOSIT MAIDEN MINERAL RESOURCE ESTIMATE

Sama Resources Inc. investment SRG Graphite Inc. has filed its National Instrument 43-101 technical report supporting the initial resource estimate for its 100-per-cent-owned Gogota nickel-cobalt-scandium deposit located in the Republic of Guinea, on SEDAR, as reported in the SRG's news release dated June 6, 2018.

The maiden mineral resource estimate includes a pit-constrained inferred resource of 44.9 million tonnes of mineralized material grading 1.28 per cent nickel for 573,040 tonnes of contained nickel. The cobalt grade of the resource is 0.13 per cent Co for 59,560 tonnes of contained cobalt. The resource also contains 29.4 grams per tonne of scandium for 1.17 tonnes of contained scandium in the limonitic portion of the deposit.

The NI 43-101 technical report was prepared by consultant Schadrac Ibrango, PGeo, of Montreal-based Met-Chem, a division of DRA Americas Inc. Mr. Ibrango is a qualified person, independent of SRG Graphite, within the meaning of NI 43-101 -- Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.

The Lola graphite project is under the direct supervision of Dr. Marc-Antoine Audet, PGeo, and a QP as defined by National Instrument 43-101.

The NI 43-101 technical report may be referenced on SRG's website and on SEDAR.

About Sama Resources Inc.

Sama is a Canadian-based mineral exploration and development company with projects in West Africa.

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