Sama Resources Inc.

Sama Resources Inc.

November 18, 2011 07:00 ET

Sama Resources Announces Improved Metallurgical Results Using Heavy Media Separation Testing on Its Samapleu Nickel-Copper Project, Cote d'Ivoire, Africa

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2011) - Sama Resources Inc. (TSX VENTURE:SME) ("Sama" or the "Company") is pleased to announce that the results of recent heavy media separation tests carried out as part of the metallurgical test program on the Company's "Samapleu Main poly-metallic deposit" and "Samapleu Extension 1 poly-metallic deposit" in Côte d'Ivoire, have returned increased results in grade. Tests showed that in treating ore material with a calculated head grade of 0.35% nickel and 0.33% copper, float rejects of 0.092% nickel and 0.17% copper were produced with the sink material upgraded to 0.66% nickel and 0.53% copper, while rejecting 55% of the feed material mass. The tests are continuing using a range of ore feed materials.

"These initial results indicate that there appears to be good potential to upgrade the lower grades of Samapleu ore to produce higher grade material as feed to flotation," stated Dr. Marc-Antoine Audet, President and CEO of the Company. "The information being developed will form part of a National Instrument 43-101 ("NI 43-101") compliant report on the project, due to be issued in the first quarter of 2012," he added.

Metallurgical testing was conducted by Société Générale de Surveillance of Lakefield, Ontario. Earlier reported flotation test work demonstrated that with a "production" ore blend grading 0.53% nickel and 0.52% copper, a bulk nickel-copper concentrate analyzing over 18% nickel+copper could be produced with good metal recoveries.

The phase II drilling program is now complete at the Samapleu Main poly-metallic deposit, the Samapleu Extension 1 poly-metallic deposit and the Sipilou South laterite deposit, with the remaining batches of samples being submitted for assaying. The process for establishing mineral resource estimates for these deposits has started and will be completed upon receiving the last remaining assay results.

This news release was prepared by Dr. Marc-Antoine Audet, P.Geo., President and CEO of Sama, and by Dr. Phillip Mackey, P.Eng., a metallurgical consultant, both acting as Qualified Persons under NI 43-101.

For more information, please visit Sama's website at

Forward-Looking Statements

Certain of the statements made and information contained herein are "forward-looking statements" within the meaning of Canadian securities legislation or "forward-looking information" within the meaning of the Ontario Securities Act and the Securities Act (British Columbia). This includes statements concerning the Company's plans at its mineral properties, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or forward-looking information. Information regarding drilling results may also be deemed to be forward-looking statements or forward-looking information in that they reflect a prediction of what may be found to be present when and if a project is actually developed.

Forward-looking statements and forward-looking information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or forward-looking information, including, without limitation, the availability of financing for activities, risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, metal price fluctuations, environmental and regulatory requirements, availability of permits, escalating costs of remediation and mitigation, risk of title loss, the effects of accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration or development, the potential for delays in exploration or development activities, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, expectations and beliefs of management and other risks and uncertainties.

In addition, forward-looking statements and forward-looking information are based on various assumptions. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information or forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise.

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.

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