VANCOUVER, Sept. 9, 2014 /CNW/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to announce that a shallow, wide-spaced 8,100m air-core ("AC") drill program conducted at its South Houndé Project (the "Project") in south-western Burkina Faso has delineated another 1.8km of gold mineralisation at the Obi Prospect, bringing the total strike length of semi-continuous mineralisation to 7.3km. The mineralisation [...]
MONTREAL, QUEBEC--(Marketwired - Sep 8, 2014) - Sama Resources Inc. / Ressources Sama Inc. (TSX VENTURE:SME) ("Sama" or the "Company") today announced that the Company will be exhibiting and presenting at the upcoming 2014 Precious Metals Summit taking place September 10-12 in Beaver Creek, CO. Dr. Marc-Antoine Audet, Sama's President and Chief Executive Officer is scheduled to present on Thursday, September 11, 2014 at [...]
Highlights - Sama is testing numerous high-quality HTEM targets as part of an ongoing aggressive exploration program targeting additional massive sulfide occurrences at the Samapleu project. - The newly discovered Bounta prospect, located nine kilometers southwest of the Samapleu deposits, show on surface grading of up to 2.11% nickel and 1.89% copper. - Drilling is ongoing at Samapleu and Yepleu deposits MONTREAL [...]
Highlights: - Confirms pipe-like intrusion as a 1.6 kilometre long, large fold linking the Samapleu Main and the Extension 1 deposits and solidifies the geological model at depth - Hole SM44-683140 returned 149 metres grading 0.30% nickel, 0.29% copper and 0.42 gpt palladium including; 9.2 metres grading 0.46% nickel, 1.12% copper and 1.11 gpt palladium - Hole SM44-683140B, terminated in mineralization with a bottom [...]
MONTREAL, QUEBEC--(Marketwired - Jul 8, 2014) - Sama Resources Inc./Ressources Sama Inc. ("Sama" or the "Company") (TSX VENTURE:SME) is pleased to announce that the first metallurgical test performed at Activation Laboratories Ltd., Thunder Bay, Canada ("ActLab") has returned high quality Graphite concentrate with up to 96% graphite recovery. This metallurgical test is the first of a series of proposed laboratory tests in [...]
Sama Resources is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement by issuing 2,777,890 units at a price of CAN$0.18 per Unit, for gross proceeds of $500,020.20. Together with the first tranche, the Company has issued a total of 6,666,789 Units under the Private Placement for aggregate gross proceeds of approximately $1.2 million. Each Unit is [...]
Highlights: LL45-127462 : 22.85m at 10.44% Graphite Carbon LL45-125470 : 19.50m at 11.83% Graphite Carbon LL47-592442 : 18.00m at 13.17% Graphite Carbon MONTREAL, QUEBEC--(Marketwired - Jun 6, 2014) - Sama Resources Inc./Ressources Sama Inc. ("Sama" or the "Company") (TSX VENTURE:SME) is pleased to announce high grade graphite intersects from the initial 20 scout drill holes performed at the 8.7 kilometers ("km") long [...]
Sama is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement by issuing 3,888,899 units at a price of CAN$0.18 per Unit, for gross proceeds of $700.001.82. Each Unit is comprised of one common share of the Company and one-half of one share purchase warrant. Each whole Warrant will entitle the holder thereto to purchase for a period of twenty-four months one [...]
Sama is pleased to announce a non-brokered private placement of up to 6,666,668 units at a price of CAN$0.18 per Unit, for total gross proceeds of up to CAN$1,200,000.24 Each Unit will be comprised of one common share of the Company and one-half of one share purchase warrant. Each whole Warrant will entitle the holder thereto to purchase for a period of twenty-four months one additional Share at an exercise price per [...]
MONTREAL, QUEBEC--(Marketwired - Apr 22, 2014) - Sama Resources Inc./Ressources Sama Inc. (TSX VENTURE:SME) ("Sama" or the "Company") has launched the next drilling program aimed at discovering high-grade nickel-copper-palladium rich lenses at Samapleu and Yepleu deposits. These deposits are hosted within a newly identified large anorthositic and dioritic layered complex (the "Yacouba Layered Complex") in Côte d'Ivoire, West Africa. The Tri-dimensional Conductivity Depth Imaging ("CDI") models generated from the Helicopter Electromagnetic survey ("HTEM") returned numerous high priority targets over the entire survey area, but more importantly, at, and in the ... [...]
MONTREAL, QUEBEC--(Marketwired - Mar 27, 2014) - Sama Resources Inc./Ressources Sama Inc. ("Sama" or the "Company") (TSX VENTURE:SME) today provides the results of the Company's Annual General and Special Meeting ("AGSM") held in Vancouver, British Columbia on March 26, 2014. A total of 22,629,729 common shares (representing 26.14% of the votes attached to all outstanding shares as at the record date for the meeting) were [...]
Sama Announces Results for the first 18 drill holes drilled at Yepleu MONTREAL, QUEBEC--(Marketwired - Mar 25, 2014) - Sama Resources Inc./Ressources Sama Inc. (TSX VENTURE:SME) ("Sama" or the "Company") is pleased to announce that the Samapleu and the newly discovered Yepleu nickel-copper-palladium deposits are hosted within a newly identified large anorthositic and dioritic layered complex (the "Yacouba Layered [...]