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Sama Resources licensed to explore Côte d'Ivoire land package

5th January 2016

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

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JOHANNESBURG (miningweekly.com) – Canadian mining company Sama Resources has obtained a new exploration licence, contiguous to the nickel-copper-palladium Samapleu licence, to explore for base metals over an 80 km2 land package in Côte d'Ivoire.

The new licence, dubbed the Grata permit, was 100%-owned by Sama Nickel Côte d'Ivoire SARL, a fully-owned subsidiary of the company.

The first of a programme of three to four boreholes was drilled at the Yepleu sector to test the large geophysical anomaly interpreted from a 2013 time domain electromagnetic helicopter survey.

The 614 m borehole also intercepted a sub-horizontal sequence of 366 m alternating diorite/anorthosite and mafic units – part of the Yacouba layered complex.

Meanwhile, the TSX-listed company noted that preliminary results using a hand-held Niton portable XRF analyser returned an interval of 6.65 m, grading 0.30% nickel and 0.26% copper, including 0.55 m at 0.90% nickel and 0.80% copper.

This mineralisation was identical in nature to the mineralisation observed near surface in all the other boreholes drilled in 2014 at the Yepleu prospect.

Sama also planned to perform a downhole electromagnetic survey in the first borehole to acquire more precision on the target at depth prior to the drilling of the second borehole.

This was expected to take place in this quarter.

Edited by Samantha Herbst
Creamer Media Deputy Editor

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