Sama Resources Inc.
TSX VENTURE : SME

Sama Resources Inc.

May 10, 2011 07:00 ET

Sama Resources Announces Addition of Second Drill Rig at Samapleu Nickel Copper Project in Cote D'Ivoire

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 10, 2011) - Sama Resources Inc. (TSX VENTURE:SME) -

Highlights:

  • A second drill rig to be mobilized at Samapleu nickel-copper project.
  • Drilling at the newly identified Gogota laterite plateau in Guinea.
  • Mr. Roger Billington, P.Geo, appointed as Qualified Person for the upcoming Mineral Resource estimation at the Sipilou South Nickel laterite deposit.
  • All drilling results are available on the Company's website.

Sama Resources Inc. ("Sama" or the "Company") is pleased to announce that based on encouraging results from the exploration work to date, the current drilling program will be enhanced by using a second diamond drilling rig to be mobilized on-site shortly. The second rig will allow the Company to aggressively work simultaneously on the definition drilling at the Samapleu main nickel + copper + platinum members deposit, and permit further definition and exploration drilling on the newly discovered Samapleu Extension 1. This work includes testing regional geophysical targets which Sama has identified.

The second rig will also be used to drill the entire laterite profile identified last month in the Republic of Guinea at the Company's Lola project at the Gogota plateau. To date, twelve pits have been dug on a 400 metre ("m") by 400 m pattern at one of the plateaus, which has returned red limonite followed downward by asbolane-rich yellow limonite. A limitation on each pit's maximum depth prevented going through the entire laterite profile. Consequently, no saprolite facies are currently accessible. Saprolite facies will be characterized in the upcoming drilling program.

The Company is also pleased to announce that Mr. Roger Billington, P.Geo, former Director for International Nickel Laterite Exploration at Falconbridge, will be the Company's Qualified Person for the upcoming Mineral Resource estimate at the Company's Sipilou South Laterite deposit. Mr. Billington will visit the project site during the first week of June.

Drilling at the Samapleu nickel + copper + platinum deposit is ongoing and more than 7,000 m has been completed to date since November 2010. All assay results and cross-sections are presented on the Company's website at www.samaresources.com under Samapleu Ni-Cu-PGE, Drilling Update April 11 2011.pdf.

The Samapleu project is a joint venture between the Company's 100% owned subsidiary Sama Nickel Corporation (66Γàö%) and SODEMI (33Γàô%).

This News Release was prepared by Dr. Marc-Antoine Audet, P.Geo, President and CEO of Sama Resources Inc., a Qualified Person under NI 43-101.

Forward-Looking Statements

This news release contains forward-looking statements. Although Sama believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Sama can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Additional information on these and other factors that could affect Sama's operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Sama Resources Inc.
    Dr. Marc-Antoine Audet
    President and CEO
    (514) 726-4158
    www.samaresources.com

    Hamza Thindal Capital Corp.
    Kam Thindal
    Investor Relations
    (604) 566-9236 or Cell: (604) 488-9875