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Sama Resources Announces Filing of NI 43-101 Technical Report on Samapleu-Grata Nickel-Copper Project, Cote d'Ivoire
(TheNewswire) Montreal, Quebec – TheNewswire - May 03, 2024 – Sama Re...
About this update from Sama Resources Inc.
[{"type":"text","content":"Sama Resources Announces Filing of NI 43-101 Technical Report on Samapleu-Grata Nickel-Copper Project, Cote d'Ivoire\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Montreal, Quebec –\n \n \n TheNewswire -\n \n \n May 03, 2024 – Sama Resources\nInc.\n \n \n (“\n \n \n Sama\n \n \n ” or the “\n \n \n Company\n \n \n ”) (TSX-V:\nSME  OTC PINK SHEETS: SAMMF) today announced that the Company has\nfiled on SEDAR+ an independent technical report (the “\n \n \n Report\n \n \n ”) prepared\nin accordance with National Instrument 43-101 – Standards of\nDisclosure for Mineral Projects (“\n \n \n NI 43-101\n \n \n ) supporting\nthe results of a Preliminary Economic Assessment (“\n \n \n PEA\n \n \n ”) for the\nSamapleu-Grata Nickel-Copper project located in Côte d’Ivoire, West\nAfrica. The Samapleu-Grata Nickel-Copper Project belong to Sama Nickel\nCorporation owned jointly at 60/40 between Ivanhoe Electric Inc. (NYSE\nAmerican, TSX: IE) and Sama.\n \n \n \n \n Sama notes that there has been an adjustment in the\npost-tax NPV reported in its March 21, 2024 press release and the\nReport. The press release disclosed a post-tax NPV\n \n \n 8\n \n \n of US$257M and a post-tax IRR of\n22.3%, whereas the Report discloses a post-tax NPV\n \n \n 8\n \n \n of US$277M and a post-tax IRR of\n2\n \n \n 1.9%. The US$20M increase in post-tax\nNPV\n \n \n 8\n \n \n and 0.4% decrease in\npost-tax IRR is the result\n \n \n of certain tax\nadjustments\n \n \n within the financial model. When the\ntax calculations were corrected, the post-tax NPV increased and\npost-tax IRR decreased accordingly.\n \n \n \n \n The effective date of the Report is March 21, 2024.\n \n \n \n \n The full Report entitled “\n \n \n NI 43-101 P\n \n \n reliminary\n \n \n E\n \n \n conomic\n \n \n Assessment\n \n \n for\n \n \n the\n \n \n Samapleu and\n \n \n Grata\n \n \n Deposits\n \n \n Project\n \n \n ” can also\nbe found on the Company’s website at\n \n \n \n https://samaresources.com/the-samapleu-grata-yepleu-ni-cu-pge-deposits-yacouba-intrusive-complex-western-cote-divoire/\n \n \n \n and on SEDAR under the Company’s issuer profile at\n \n \n \n www.sedarplus.ca.\n \n \n \n \n \n Grant of Stock Options\n \n \n \n \n The Compa...