Sama Resources is pleased to announce, subject to regulatory acceptance, that the Company has granted an aggregate total of 2,145,000 incentive stock options to certain officers, employees and consultants, subject to certain vesting provisions. These options will be exercisable at a price of $0.22 per common share and will expire on February 28, 2032. ABOUT SAMA RESOURCES INC. Sama is a Canadian-based mineral exploration [...]
Sama Resources Inc. is pleased to announce drilling results from our 2021 drilling campaign. Sama drilled a total of 20 drill holes for 8,768 meters in 2021, including 5 holes at Yepleu for 2,766 m, 7 holes at the Samapleu deposit, including hole S-312 returning a combined 17.50 m at 1.87% nickel , 1.05% copper and 1.64 grams per tonne of palladium , and 7 holes at the Grata discovery for 2,921 m. Hole GR-04 drilled at [...]
Sama Resource Inc | is pleased to report that Sama Resources Québec Inc. a fully own subsidiary of the Company has announced the completion and interpretation of an unmanned aerial vehicle magnetic and radiometric survey of 609 line-kilometres over the core of the new Lac Brulé nickel-copper property and including the gossan discovered in May 2021 . . As a part of the ongoing exploration program, SRQ commissioned Helios [...]
Sama Resources Inc. is pleased to announce that Ivanhoe Electric Inc. through its subsidiary, HPX Ivory Coast Holdings, will continue with the original Earn-In agreement aiming at acquiring 60% of Sama Nickel Corporation Inc. On August 27, 2021, IVNE transferred an additional CDN$1.1M to SNC which increased IVNE's investment into the Company to CDN$15.52M from March 2019 to date. With this transfer, IVNE has met the Joint [...]
Sama Resources Inc. is pleased to announce that it acquired a total of 370 explorations claims in the Outaouais region in the Province of Québec following the discovery at surface of a mineralised gossan at the 100% owned new project called Lac Brulé Nickel - Copper. The gossan is exposed at surface over a strike length of 115 m and is part of a larger meta-gabbro/ultramafic unit...
Sama Resources Inc. is pleased to announce that in collaboration with our partner Ivanhoe Electric , the Company will upgrade the 2020 Preliminary Economic Assessment to a Pre-Feasibility Study aimed at launching production at the Samapleu deposit for producing a nickel concentrate and a copper concentrate. The 2020 PEA was prepared by DRA Global's office, in Montreal, Canada through DRA Met-Chem . The PEA showed a [...]
Highlights - Intersection of a near-surface mineralized zone of 81.35 metres of highly disseminated sulphides including 5.0 metres of massive sulphide at Samapleu Main deposit. - Intersection includes 9.30 metres at 2.68% nickel and 1.47% copper. - Currently drilling at Yepleu prospect with two rigs. - Analyses for platinum group of elements are pending. Montréal, May 12th, 2021 - Sama Resources Inc. is pleased to [...]
Sama Resources Inc. | is pleased to announce that it has entered into an agreement with Seahawk Gold Corp. for the acquisition of Sama's subsidiary Sama Resources Development Corp. which holds 100% of the issued and outstanding securities of Sama Resources Liberia Inc. .. In consideration for the purchase of Sama Cayman, Seahawk will issue 8,500,000 of its common shares to Sama , which will result in Sama holding 20.8% of [...]
Sama Resources Inc. | is pleased to announce that it has mobilized two core rigs to the Samapleu and Yepleu prospects as part of its work program for Q1 and Q2 of 2021. The Company confirms excellent results using HPX TechCo Inc's proprietary Typhoon™ system at Samapleu and Yepleu from down-hole electromagnetic surveys completed in November 2020. "We are pleased to begin this 5,000 m drill program testing highly [...]
Sama Resources Inc. is pleased to announce that it has commenced a 5,000 metre diamond drilling program at Samapleu and Yepleu as part of its work program for Q1 and Q2 of 2021. Additionally, the Company has formalized, finalized and executed the earn-in and joint venture agreement with HPX Ivory Coast Holdings Inc. first announced on October 23, 2017. HPX is a subsidiary of HPX TechCo a private mineral exploration [...]
Sama Resources Inc. is pleased to announce that downhole electromagnetic surveys have been completed in a deep drill hole at the Yepleu target zone and in a 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 used HPX TechCo Inc.’s [...]
Sama Resources Inc. | is pleased to announce that geophysical activities have resumed on the Cote D'Ivoire nickel project, with downhole electromagnetic surveys 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 [...]