Dr. Marc-Antoine Audet reports

SAMA RESUMES EXPLORATION ACTIVITY TARGETING TYPHOON(TM) HIGH CONDUCTIVITY NICKEL-COPPER-PALLADIUM ANOMALIES AT DEPTH

Geophysical activities have resumed on Sama Resources Inc.'s Cote d'Ivoire nickel project, with downhole electromagnetic (EM) surveys (DHTEM) planned in four deep drill holes at the Yepleu target zone and in one deep drill hole at the Bounta target zone. The holes at Yepleu and Bounta were drilled in the early months of 2020, with both zones part of the large Yacouba ultramafic-mafic intrusive complex discovered by Sama in 2010. The DHTEM surveys are using HPX TechCo Inc.'s proprietary Typhoon electromagnetic geophysical transmitter, maximizing power transmission for higher resolution at depth.

DHTEM -- Yepleu target zone

DHTEM surveying is under way, starting with borehole YE2020-03 at the Yepleu zone, which returned 8.00 metres of mineralized material at 850 m from surface grading 0.31 per cent nickel and 0.24 per cent copper including 1.00 m at 1.08 per cent Ni, 1.29 per cent Cu and 0.18 gram per tonne palladium. The mineralization encountered in YE2020-03 does not explain the very high conductivity target located nearby and defined by the previous Typhoon surface EM survey (15,000 conductivity thickness (CT)). DHTEM surveys will follow with boreholes YE2020-01 and YE2020-02. Both holes returned mineralization characterized by aggregates of the nickel, copper and iron sulphides -- pentlandite, chalcopyrite and pyrrhotite, respectively.

DHTEM -- Bounta target zone

The current DHTEM program includes surveying borehole BM2020-01 at the Bounta zone, a new discovery located midway between Samapleu and Yepleu. Borehole BM2020-01 returned disseminated mineralization and a stringer of semi-massive to massive sulphide grading 1.23 per cent Ni and 1.14 per cent Cu over 0.35 m at a depth of 540 m from surface. The mineralization encountered by BN2020-01 closely matched the moderately conductive EM plate but could not fully explain the high conductivity target defined by the Typhoon surface EM survey. The DHTEM should delineate with more accuracy the centre of the strong conductor.

Three holes drilled at Yepleu (YE2020-01 to 03) were aimed at testing three Typhoon EM targets along a mineralized trend of more than 4,500 m of strike length. The mineralized horizon starts near surface, reaches a depth of more than 850 m toward the south-southwest and appears to remain open. The very strong conductive target at 850 m depth from surface defined by Typhoon surface EM (15,000 CT) remains unexplained.

About Sama Resources Inc.

Sama is a Canada-based mineral exploration and development company with projects in West Africa. On Oct. 23, 2017, Sama announced that it had entered into a binding term sheet in view of forming a strategic partnership with HPX TechCo Inc., a private mineral exploration company in which mining entrepreneur Robert Friedland is a significant stakeholder, in order to develop its Cote d'Ivoire nickel-copper and cobalt project in Ivory Coast, West Africa.

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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