Sama Resources intersects 122 metres of highly disseminated nickel-copper mineralization

Thursday, Jan 17, 2013

Sama Resources Inc. (TSX VENTURE:SME) ("Sama" or the "Company") -Sama Resources Inc. is pleased to announce progress of its 12,000 metres ("m") Phase IV drilling program (using Sama's new 100% owned drill rig) at the Samapleu Project in Cote d'Ivoire, West Africa. The drilling program is designed to tests regional targets and to increase mineral strike length of the known poly-metallic deposits; the "Samapleu Main deposit" and the "Samapleu Extension 1 deposit (Zone 24)". The drilling program is expected to last the remainder of 2013.

Three boreholes have been completed to date (with one currently in progress) for a total of 640 m.

Borehole SM25-112519, drilled 50 m north-east from the last hole at the Samapleu Extension 1 deposit intersected 122 m of nickel and copper rich disseminated sulphide mineralization starting from 21 m vertically from surface including a 10 m lens of semi-massive material at 85 m from surface. The semi-massive material is composed of 50% to 75% of a combination of pyrrhotite, pentlandite and chalcopyrite. Pentlandite occurs as large inclusions in pyrrhotite. Spot checks using a handheld Niton XRF portable analyzer returned elevated nickel and copper values. Assay results are expected in approximately 8 to 10 weeks.

This hole increases the strike length of the Zone 24 by at least 75 m to the north-east and remains open laterally and at depth.

Borehole SM19-467515, drilled at the newly discovered Yorodougou Complex "SM19 Sector", returned 166 m of disseminated mineralization with stringers of highly disseminated to semi-massive sulphide materials. Mineralization started at 22 m from surface.

Source: Marketwire