NiCAN Studies Excessive Grades in First Two Drill Holes on the Wine Undertaking in Manitoba, Together with 27.3 Metres of two.61% Nickel Equal

Date:


Gap GR-15 intercepted 199 metres of mineralisation together with 8.5 metres of 0.86% nickel, 0.86% copper and 1.00 gpt palladium

Montréal, Quebec TheNewswire – Sept 07, 2022 Sama Sources Inc. (“Sama” or the “Firm”) (TSXV:SME ) ( OTC:SAMMF) is happy to announce the assay outcomes from extra drilling from the 2021-22 drilling marketing campaign on the Grata Nickel–Copper–Palladium prospect. Thus far, Sama has drilled a complete of 64 drill holes totalling 15,924 metres on the undertaking in 2022 with 45 drill holes totalling 14,995 metres at Grata alone. The assay outcomes for holes GR-12 to GR-19b are summarized on this launch, remaining outcomes are pending.

Highlights

  • 15,924 metres in 64 holes drilled to this point on the Samapleu-Grata-Yepleu deposits

    • 8,000 metres initially budgeted

    • Mineralised intersections are as much as 303 metres in thickness from floor.

    • Outcomes verify mineralisation over 850 metres of strike

  • Assays outcomes are pending for 22 remaining Grata drill holes

  • Detailed metallurgical research on Grata materials are ongoing

“Given our profitable drill efforts to this point on the Grata discovery, we expect to boost our mineral assets for the complete undertaking. In the present day’s outcomes proceed to reveal the upside potential of the Grata deposit but in addition for the complete property” said Dr. Marc-Antoine Audet, President & CEO of Sama Sources Inc.

Mr. Audet added: “We’ll proceed exploring the Grata prospect for enormous sulphide lenses and accumulations inside this massive feeder zone of the Yacouba ultramafic-mafic intrusive complicated whereas pursuing a number of different promising targets inside the Samapleu-Yepleu exploration space which were completely unexplored.

Assays outcomes for 9 holes (GR-12 to GR-19b) drilled in Q1 2022 are offered in Desk 1 . All measurements are core lengths and should not symbolize true geological widths.

Desk 1: Abstract of 2021-22 drilling program at Grata . Outcomes for GR-12 to GR-19b utilizing a cut-of-grade of 0.1% nickel.

Sequence

Gap Size

From

Size

Ni

Cu

Co

Pd

Pt

Au

m

m

m

%

%

%

gpt

gpt

gpt

GR-12

488

117.80

31.50

0.29

0.30

0.01

0.36

0.07

0.04

consists of

1.55

0.92

1.08

0.03

1.16

0.18

0.07

consists of

4.85

0.66

0.83

0.02

0.94

0.07

0.04

153.35

126.65

0.31

0.26

0.02

0.30

0.13

0.04

consists of

8.45

0.86

0.79

0.04

1.00

0.44

0.04

consists of

1.00

1.78

0.92

0.08

1.58

0.03

0.02

consists of

0.60

0.95

1.62

0.05

0.55

0.07

0.15

consists of

1.00

0.51

0.43

0.03

0.19

0.04

0.10

284.50

41.00

0.20

0.18

0.02

0.20

0.10

0.04

331.20

3.80

0.29

0.47

0.02

0.33

0.12

0.04

442.65

34.75

0.34

0.29

0.02

0.38

0.10

0.04

consists of

6.15

0.61

0.37

0.03

0.51

0.09

0.03

481.50

1.40

0.11

0.07

0.01

0.10

0.03

0.02

GR-13

259

25.35

18.55

0.24

0.35

0.01

0.41

0.12

0.05

47.05

114.25

0.23

0.22

0.01

0.35

0.15

0.05

consists of

1.15

0.68

0.95

0.03

0.99

0.20

0.17

consists of

2.95

0.57

0.39

0.03

0.72

0.15

0.06

consists of

2.55

0.63

0.49

0.03

0.85

0.15

0.04

164.00

29.50

0.14

0.14

0.01

0.14

0.11

0.03

196.00

9.50

0.13

0.11

0.01

0.14

0.10

0.03

212.70

16.85

0.31

0.24

0.02

0.56

0.06

0.03

consists of

1.55

1.55

0.84

0.06

1.91

0.08

0.04

GR-14

458

23.60

127.90

0.33

0.26

0.02

0.37

0.13

0.05

consists of

0.45

1.06

1.58

0.04

1.00

0.05

0.06

consists of

1.05

1.25

0.30

0.05

1.42

0.24

0.05

consists of

3.05

1.66

1.65

0.06

0.91

0.04

0.11

consists of

0.40

2.18

1.03

0.08

0.43

0.17

0.05

consists of

0.85

0.78

0.43

0.03

0.88

0.07

0.02

consists of

0.15

2.21

0.19

0.08

0.53

0.15

0.07

consists of

0.50

1.66

0.62

0.06

1.74

0.13

0.04

consists of

0.90

0.50

0.48

0.02

0.74

0.30

0.16

consists of

1.00

0.54

0.52

0.02

0.85

0.29

0.10

consists of

1.30

0.59

0.59

0.03

0.69

0.11

0.06

consists of

2.25

0.67

0.43

0.03

0.47

0.08

0.05

156.00

21.00

0.10

0.06

0.01

0.07

0.11

0.03

255.00

9.85

0.15

0.13

0.01

0.33

0.08

0.04

273.50

4.50

0.12

0.02

0.01

0.03

0.01

0.01

294.75

0.15

0.46

0.40

0.02

0.79

1.54

0.06

297.30

17.45

0.21

0.10

0.01

0.24

0.07

0.03

consists of

0.60

1.40

0.35

0.06

0.98

0.02

0.02

336.00

12.60

0.13

0.01

0.01

0.01

0.00

0.01

354.50

44.50

0.24

0.23

0.02

0.20

0.11

0.04

consists of

1.50

0.64

0.42

0.04

0.60

0.09

0.06

401.50

12.95

0.11

0.09

0.01

0.10

0.07

0.03

Sequence

Gap Size

From

Size

Ni

Cu

Co

Pd

Pt

Au

m

m

m

%

%

%

gpt

gpt

gpt

GR-15

253

22.40

20.85

0.21

0.19

0.01

0.32

0.12

0.02

consists of

0.70

2.02

1.29

0.09

3.03

1.04

0.04

46.25

5.55

0.97

1.20

0.04

1.40

0.32

0.03

consists of

3.35

1.48

1.85

0.06

2.11

0.23

0.05

56.50

4.00

0.53

0.70

0.02

0.82

0.11

0.05

65.80

11.30

0.29

0.60

0.01

0.44

0.08

0.08

82.85

156.85

0.28

0.27

0.02

0.28

0.12

0.04

consists of

4.55

0.66

0.88

0.03

0.09

0.96

0.02

consists of

3.50

0.93

0.72

0.04

1.02

0.11

0.12

consists of

1.65

0.62

0.97

0.02

0.61

2.80

0.06

consists of

2.40

1.17

0.76

0.04

1.20

0.06

0.07

GR-16

250

21.00

103.30

0.21

0.08

0.01

0.21

0.06

0.02

consists of

0.85

1.01

0.94

0.05

1.23

0.62

0.06

consists of

1.50

0.51

0.78

0.02

1.76

0.77

0.14

131.55

14.30

0.57

0.62

0.02

0.78

0.08

0.06

consists of

4.00

1.33

1.09

0.05

1.65

0.08

0.07

consists of

0.95

0.51

0.79

0.02

0.69

0.15

0.06

190.55

4.45

0.38

0.28

0.02

0.27

0.06

0.02

consists of

0.45

1.32

0.52

0.06

0.63

0.08

0.02

consists of

0.30

1.19

0.83

0.06

0.85

0.03

0.03

GR-17

361

33.00

113.00

0.28

0.25

0.01

0.28

0.12

0.05

consists of

0.20

1.53

2.34

0.05

2.15

0.04

0.12

consists of

2.80

0.93

0.74

0.04

1.10

0.10

0.03

151.10

34.75

0.22

0.17

0.01

0.13

0.09

0.04

197.35

63.75

0.39

0.41

0.02

0.42

0.11

0.04

consists of

0.30

1.30

0.84

0.05

1.07

0.03

0.03

consists of

0.65

0.61

0.52

0.03

0.64

0.20

0.06

consists of

0.25

0.94

1.14

0.04

1.08

0.05

0.18

consists of

0.85

0.58

0.87

0.03

0.65

0.05

0.05

consists of

8.05

1.00

0.81

0.04

1.13

0.14

0.05

263.15

91.65

0.21

0.26

0.01

0.65

0.16

0.09

consists of

1.50

0.73

1.08

0.03

1.60

0.11

0.07

consists of

0.35

1.20

1.27

0.06

4.86

1.12

0.13

consists of

1.60

0.55

0.73

0.03

2.38

0.37

0.25

consists of

0.20

1.12

0.82

0.05

2.29

0.12

0.28

consists of

0.30

0.82

0.39

0.03

8.64

1.97

0.03

consists of

1.95

0.52

0.88

0.02

0.81

0.10

0.19

GR-18

404

23.8

18.2

0.12

0.05

0.01

0.10

0.08

0.02

45.65

113.25

0.18

0.15

0.01

0.15

0.10

0.03

consists of

0.2

0.63

0.69

0.03

0.52

0.33

0.06

consists of

0.95

1.01

1.14

0.05

0.78

0.04

0.16

222.15

5.4

0.16

0.10

0.01

0.10

0.08

0.02

Sequence

Gap Size

From

Size

Ni

Cu

Co

Pd

Pt

Au

m

m

m

%

%

%

gpt

gpt

gpt

GR-19

418

27.20

21.50

0.12

0.03

0.01

0.03

0.01

0.00

55.50

85.25

0.21

0.26

0.01

0.15

0.09

0.05

consists of

3.80

0.62

1.06

0.03

1.12

0.27

0.20

consists of

3.25

0.98

0.90

0.04

1.61

0.31

0.05

consists of

0.30

0.67

1.40

0.03

1.39

0.07

0.17

consists of

0.20

0.61

0.60

0.03

0.26

0.09

0.06

155.50

7.25

0.15

0.13

0.01

0.48

0.19

0.02

182.90

34.00

0.20

0.18

0.01

0.15

0.08

0.04

consists of

0.20

0.53

0.47

0.03

0.22

0.09

0.05

consists of

0.35

0.53

0.45

0.03

0.37

0.11

0.02

consists of

0.30

0.54

1.10

0.03

0.40

0.18

0.03

consists of

0.25

1.10

1.56

0.05

0.94

0.08

0.25

consists of

0.35

0.67

0.70

0.03

0.33

0.30

0.04

229.00

6.00

0.11

0.08

0.01

0.15

0.12

0.03

254.75

7.80

0.13

0.02

0.01

0.00

0.00

0.00

306.80

58.90

0.21

0.14

0.02

0.15

0.09

0.05

consists of

0.40

0.99

0.46

0.04

0.44

0.10

0.08

GR-19B

400

88.15

12.85

0.19

0.31

0.01

0.17

0.10

0.08

141.50

90.00

0.21

0.23

0.01

0.17

0.11

0.04

252.50

13.50

0.14

0.21

0.01

0.20

0.10

0.05

273.90

106.75

0.25

0.23

0.02

0.25

0.12

0.03

consists of

0.30

1.23

0.50

0.05

0.71

2.79

0.04

consists of

0.50

0.95

1.42

0.05

0.66

0.03

0.07

consists of

1.75

0.68

1.20

0.03

0.48

0.05

0.04

consists of

0.70

0.50

0.40

0.03

0.65

0.09

0.06

consists of

0.35

0.92

0.32

0.04

0.91

0.09

0.03

consists of

0.50

0.84

0.53

0.04

0.78

0.53

0.02

consists of

0.80

0.81

0.49

0.04

0.76

0.06

0.04

consists of

0.25

1.05

0.8

0.04

1.8

0.19

0.08

386.45

6.10

0.14

0.02

0.01

0.02

0.02

0.01

Grata: Newest discovery within the Yacouba Ultramafic-Mafic (“UM”) Intrusive Complicated

In September 2021, Sama introduced the Grata discovery positioned 5 kilometres east of the Samapleu deposit ( Determine 1 ).

The invention gap, GR-03 ( Determine 2 ), drilled in June 2021, returned a 310-metre sequence of pyroxenite and gabbro containing a 147-metre interval of disseminated sulfides and a number of other intersections of semi-massive sulphide mineralisation. The second gap, GR-04, confirmed the width of the mineralised zone with a 141-metre mineralised intersection together with 6.4 metres(“m”) grading 1.05% nickel (“Ni”) , 1.28% copper (“Cu”) and 0.48 grams per tonnes (” gpt”) palladium (“Pd”) and 6.6 m grading 0.73% Ni, 0.38% Cu and 0.30 gpt Pd.

This launch discloses mineralised intersections starting from 134 m (GR-16) to 303 m (GR-17). Gap GR-17 returned a mixed 303 m of mineralised materials, together with 8.1 m grading 1.00% Ni, 0.81% Cu and 1.13 gpt of Pd and a pair of.8 m at 0.93% Ni, 0.74% Cu and 1.10 gpt Pd. Gap GR-12 intersected a mixed 239 m of mineralised materials grading 0.30% Ni together with 8.5 m at 0.86% Ni, 0.79% Cu and 1.0 gpt Pd. Gap GR-15 intersected a mixed 199 m grading 0.30% Ni and 0.30% Cu together with 3.4 m at 1.48% Ni, 1.85% Cu and a pair of.11 gpt Pd.

The mineralisation at Grata is analogous in composition to the Samapleu deposit (” Samapleu “) however reveals the next proportion of chalcopyrite.

Sama’s purpose is to extend mineral assets at Samapleu and Grata in addition to trying to find huge sulphide veins and lenses that might have accrued at depth in traps and embayments alongside the feeder system of the Yacouba UM Intrusive Complicated.


Click on Picture To View Full Dimension

Determine 1: Newly found zone at Grata is positioned 5 km east of Samapleu, Picture shows present and historic drilling.  A complete of 15 extra holes for 3,111 metres had been drilled.


Click on Picture To View Full Dimension

Determine 2: Floor structure for the 45 holes drilled on the Grata property. Present mineralisation is extending over a strike size of 850 metres, open on each ends. The depth extension of mineralisation  exceeds 400 metres from floor.


Click on Picture To View Full Dimension

Determine 3:  Cross-section SW-NE at Grata exhibiting the interpreted subvertical mineralised horizons. Assay outcomes for 28 holes out of the 45 holes drilled to this point, are nonetheless pending.

QA/QC

Co re logging and sampling was carried out at Sama’s Samapleu and Yepleu area services. Pattern preparation was performed on the Bureau Veritas Mineral Laboratory in Abidjan, Ivory Coast . Pattern pulps had been delivered to Activation Laboratories Ltd, Ancaster and Thunder Bay, Ontario, Canada, for assaying. All samples had been assayed for Ni, Cu, Co, Pt, Pd, Au, Fe and S.

The technical info on this launch has been reviewed and authorised by Dr. Marc-Antoine Audet, Ph.D Geology, P.Geo and President and CEO of Sama, and a ‘certified particular person’, as outlined by Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Tasks.

ABOUT SAMA RESOURCES INC.

Sama is a Canadian-based , growth-oriented useful resource firm targeted on exploring the Samapleu Nickel– Copper undertaking in Ivory Coast, West Africa. The Firm is managed by skilled trade professionals with a powerful monitor document of discovery. Sama, is dedicated to develop and exploit the Samapleu Ni-Cu and Platinum Group of Components Sources.

Sama’s tasks are positioned roughly 600 km northwest of Abidjan in Côte d’Ivoire and straddle each side of the Ivorian and Guinean borders in West Africa. Sama’s tasks are positioned adjoining to the big world-class nickel-cobalt laterite deposits of Sipilou and Foungouesso forming a 125 km lengthy new Base Metallic Camp in West Africa.

Sama owns 70% curiosity within the Ivory Coast undertaking with its three way partnership companion Ivanhoe Electrical proudly owning 30%. Ivanhoe Electrical has the choice to buy as much as a 60% curiosity within the undertaking.  For extra details about Sama, please go to Sama’s web site at www.samaresources.com .

ABOUT IVANHOE ELECTRIC INC.

Ivanhoe Electrical (NYSE American: IE, TSX: IE), is an American know-how and mineral exploration firm that’s re-inventing mining for the electrification of all the pieces by combining superior mineral exploration applied sciences, renewable vitality storage options and electrical metals tasks predominantly positioned in the US.

FOR FURTHER INFORMATION, PLEASE CONTACT:

SAMA RESOURCES INC./RESSOURCES SAMA INC.

Dr. Marc-Antoine Audet, President and CEO

Tel: (514) 726-4158

OR

Mr. Matt Johnston, Company Improvement Advisor

Tel: (604) 443-3835

Toll Free: 1 (877) 792-6688, Ext. 5

Ahead-Trying Statements

Sure of the statements made and data contained herein are “forward-looking statements” or “forward-looking info” inside the that means of Canadian securities laws. Ahead-looking statements and forward-looking info corresponding to “will”, may”, “count on”, “estimate”, “proof”, “potential”, “seems”, “appears”, “recommend”, are topic to quite a lot of dangers and uncertainties which may trigger precise occasions or outcomes to vary from these mirrored within the forward-looking statements or forward-looking info, together with, with out limitation, the flexibility of the corporate to transform assets in reserves, its capacity to see via the following section of growth on the undertaking, its capacity to supply a pre-feasibility research or a feasibility research concerning the undertaking, its capacity to execute on its growth plans when it comes to metallurgy or exploration, the provision of financing for actions, dangers and uncertainties regarding the interpretation of drill outcomes and the estimation of mineral assets and reserves, the geology, grade and continuity of mineral deposits, the chance that future exploration, growth or mining outcomes won’t be per the Firm’s expectations, metallic worth fluctuations, environmental and regulatory necessities, availability of permits, escalating prices of remediation and mitigation, danger of title loss, the consequences of accidents, gear breakdowns, labour disputes or different unanticipated difficulties with or interruptions in exploration or growth, the potential for delays in exploration or growth actions, the inherent uncertainty of price estimates and the potential for surprising prices and bills, commodity worth fluctuations, foreign money fluctuations, expectations and beliefs of administration and different dangers and uncertainties.

As well as, forward-looking statements and forward-looking info are primarily based on varied assumptions. Ought to a number of of those dangers and uncertainties materialize, or ought to underlying assumptions show incorrect, precise outcomes could fluctuate materially from these described in forward-looking info or forward-looking statements. Accordingly, readers are suggested to not place undue reliance on forward-looking statements or forward-looking info. Besides as required below relevant securities laws, the Firm undertakes no obligation to publicly replace or revise forward-looking statements or forward-looking info, whether or not because of new info, future occasions or in any other case.

Neither the TSXV nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSXV) accepts duty for the adequacy or accuracy of this launch.

Copyright (c) 2022 TheNewswire – All rights reserved.



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