Sama Resources Inc.
TSX VENTURE : SME

Sama Resources Inc.

March 07, 2011 07:00 ET

Sama Resources Announces Results of Enhanced Metallurgical Testing at its Samapleu Nickel-Copper Project

Highlights:

- Increased nickel recovery from 70% to 74% and copper recovery from 86% to 89%.

- An 18.5 % nickel + copper concentrate has been obtained in the tests.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 7, 2011) - Sama Resources Inc. ("Sama" or the "Company") (TSX VENTURE:SME) is pleased to announce that the results of the latest round of metallurgical locked cycle testing on its poly-metallic Samapleu Project in Côte d'Ivoire returned results superior to results reported in early January 2011. A nickel and copper combined concentrate grading of 18.5% has also been produced with higher nickel and copper recoveries.

"These results demonstrate that Sama can produce a good metallurgical grade of concentrated, high nickel and copper recoveries. This is an important milestone in the development of Samapleu. These results, together with additional drilling data, encourages Sama to plan initiating before the end of 2011 a scoping study on the viability of an open-pit mining operation at the Samapleu Project," stated Dr. Marc-Antoine Audet, President and CEO of the Company.

Metallurgical testing was conducted by Société Générale de Surveillance ("SGS") of Vancouver, BC, under the supervision of Blue Coast Metallurgy Ltd. of Nanaimo, BC. Metallurgical test work at SGS was performed on two mineralized blends: a high-grade blend grading of 1.71% nickel and 1.71% copper ("Comp 1") and a 'production' blend grading of 0.53% nickel and 0.52% copper ("Comp 2").

A recent locked cycle test on the Comp 2 blend returned an 18.5% nickel plus copper grade of concentrate, with nickel and copper recoveries of 74% and 89%, respectively. Cobalt recovery was 71%.

The test results confirm earlier predictions gleaned from quantitative mineralogical analyses that Samapleu material is quite favourable for treatment by milling and flotation processes, indicating a potentially simplified flow sheet yielding good sulphide minerals of a relatively coarse grind.

The Samapleu Project is a joint venture among the Company's 100% owned subsidiary SAMA Nickel Corporation (66â…”%) and SODEMI (33â…“%).

This News Release was prepared by Dr. Marc-Antoine Audet, P.Geo., President and CEO of Sama Resources Inc. and by Dr Phillip Mackey, P.Eng., a metallurgical consultant, both acting as Qualified Persons under National Instrument 43-101.

For more information please visit Sama's website at www.samaresources.com.

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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