Dr. Marc-Antoine Audet reports

SAMA AWARDED DRILLING CONTRACT IN COTE D'IVOIRE

Sama Resources Inc.'s Ivoirian subsidiary, Sama Nickel Cote d'Ivoire SARL, has been awarded a new drilling contract with a total value of $700,000. The contract with Societe pour le Developpement Minier de Cote d'Ivoire (SODEMI), its joint venture partner in a few of its permits, is for the provision of one drill rig and crews in Ivory Coast.

This award for 4,000 metres of diamond drilling at SODEMI's Odienne Laterite project provides additional liquidity to complement the company's work at its flagship its Samapleu-Grata nickel-copper project in Ivory Coast.

Dr. Marc-Antoine Audet, president and chief executive officer, commented: "Our team has extensive drilling experience in Cote d'Ivoire spanning over more than a decade and we are delighted to continue our excellent long-term working relationship with our partners at SODEMI. This contract is a recognition of the high standard of safety and operational performance delivered by our team."

About Sama Resources Inc.

Sama is a Canadian-based, growth-oriented resource company focused on exploring the Samapleu-Grata nickel-copper project in Ivory Coast, West Africa, a joint venture with Ivanhoe Electric Inc. The company is managed by experienced industry professionals with a strong record of discovery. The company released the 2024 preliminary economic assessment for the Samapleu-Grata nickel-copper project which shows the potential for a conventional open-pit mining operation producing both a conventional copper and nickel concentrate, together with cobalt, platinum, palladium and gold as byproducts.

Sama's projects are located approximately 600 kilometres northwest of Abidjan in Ivory Coast and are flanked to the west by the Ivorian and Guinean borders. Sama's projects are located adjacent to the large world-class nickel-cobalt laterite deposits of Sipilou and Foungouesso, forming a 125 km long new base metal camp in West Africa.

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