Sama Resources Inc.
TSX VENTURE : SME

Sama Resources Inc.

December 22, 2015 16:15 ET

Sama Resources Files Revised NI 43-101 Technical Report for the Samapleu Nickel and Copper Deposits

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 22, 2015) - Sama Resources Inc./Ressources Sama Inc. (TSX VENTURE:SME) ("Sama" or the "Company") reports that a revised independent National Instrument 43-101 compliant technical report (the "Report") for its Samapleu Nickel-Copper-Palladium deposits in Côte d'Ivoire, West Africa (the "Samapleu Project") has been filed today on SEDAR (www.sedar.com). The Report titled "Technical Report on the Samapleu Nickel and Copper Deposits Côte d'Ivoire, West Africa" was initially filed on SEDAR on September 3, 2013. The Report was amended by WSP Canada Inc. ("WSP") based in Montreal, Canada in collaboration with PJL Geo-Conseil Inc (PJLG) of Sainte-Therese, Canada.

The Report was revised at the request of the British Columbia Securities Commission ("BCSC") to provide additional disclosures and comparatives with existing similar mining operations or advanced projects to support the Mineral Resources (effective date December 11, 2012) and the chosen cut-off-grade. The authors have amended the Report accordingly.

The reader is invited to view Sama's Technical Report at http://www.samaresources.com/i/pdf/43-101_Technical_Report_Samapleu_2013_revised_(dated_December22-2015).pdf

The complete Report is also available at www.sedar.com.

Qualified Persons Statement:

The Report was prepared by Dr. Ben Ayad Ph.D, P.Geo. (PJLG - Geology), Pierre Jean Lafleur, Eng. (PJLG - Mineral Resources), Jean Corbeil, Eng. P.Eng. (WSP - Accessibility and Environment) and Claire Hayek, Eng. (WSP - Mineral Processing). All individuals providing certifications are independent Qualified Persons as defined by National Instrument 43-101 and approve the contents of this release.

The reader is invited to review Sama's updated compilation on its website at http://www.samaresources.com/i/pdf/Sama_Corporate_Presentation.pdf for more details.

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.

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 vary or 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 and the estimation of mineral resources and reserves, 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.

Contact Information

  • Sama Resources Inc./Ressources Sama Inc.
    Dr. Marc-Antoine Audet
    President and CEO
    (514) 726-4158

    Sama Resources Inc./Ressources Sama Inc.
    Matt Johnston
    (604) 443-3835
    Toll Free: 1 (877) 792-6688, Ext. 4