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or Name
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Sama Resources Inc
Symbol SME
Shares Issued 191,241,410
Close 2019-04-08 C$ 0.335
Market Cap C$ 64,065,872
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Sama investment SRG releases piloting project results

2019-04-09 12:14 ET - News Release

Dr. Marc-Antoine Audet reports

SAMA RESOURCES REPORTS ON SRG GRAPHITE'S SUCCESSFUL PROCESSING OF 200T AT SGS LAKEFIELD PILOT PLANT

Sama Resources Inc. investment SRG Graphite Inc. has released the results of its 200-tonne piloting project at SGS Canada. From the 200 tonnes processed, 12.8 tonnes of graphite flakes were produced at an average grade of 96.8 per cent total carbon. With this graphite in hand, SRG will be better positioned to secure offtake agreements as it continues its sales efforts with its various clients in North America, Europe and Asia.

SRG is also pleased to announce that a three-year research agreement has been signed with McGill University to further develop its graphite processing techniques. Areas of study will include conventional mineral processing technologies and the application of new or existing hydrochemical processes to further purify graphite flakes.

Pilot plant results

In 2018, SRG extracted 200 t of surface mineralized material throughout the Lola graphite deposit and sent it to SGS Canada for processing. The purpose of this piloting was to produce graphite flakes of various size fractions for business development, as well as to validate the metallurgical response of surface mineralized material.

Achieved results:

  • 200 t of material were processed at SGS Canada;
  • 12.8 t of graphite flakes were produced, excluding samples removed for tests;
  • Graphite flakes are at an average grade of 96.8 per cent total carbon;
  • Flake distribution of:
    • 13 per cent, plus 48 mesh;
    • 26 per cent, plus 80 mesh;
    • 12 per cent, plus 100 mesh;
    • 49 per cent, under 100 mesh;
  • Flotation recovery of 85 per cent.

Research agreement with McGill University

Given graphite is a key component of lithium-ion batteries and part of the fast-growing energy metals space, SRG is constantly evaluating how to be ahead of the industry on mineral processing in a sustainable way. By engaging with McGill University on a three-year research agreement, both conventional and new processing routes will be evaluated for further graphite purification.

About Sama Resources Inc.

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

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