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Sama Resources Announces Intersection of 54 metres of Mineralization Ranging from Disseminated to Semi-Massive and Massive Sulphides
MONTREAL, April 04, 2019 (GLOBE NEWSWIRE) -- Sama Resources Inc. (“Sama” or the “Company”) (TSXV: SME | OTC.PK: SAMMF) is pleased to announce that a second hole
About this update from Sama Resources Inc.
[{"type":"text","content":" MONTREAL, April 04, 2019 (GLOBE NEWSWIRE) -- Sama Resources Inc. (“Sama” or the “Company”) (TSXV: SME | OTC.PK: SAMMF) is pleased to announce that a second hole drilled at Yepleu Sector 1 as a follow-up on the mineralized zone intersected on the first deep hole (ref: press release of December 12, 2018) returned a mineralized zone of 54 metres (“m”) of disseminated to semi-massive and massive sulphide material from 585 m to 639 m from the surface. Assays results are pending. Table 1: Drilling summary at the Yepleu project. Hole-ID Az Dip EOH(m) Note Yepleu Sector 1 YE29-556043 325 -75 903 37m @ 0.4% Ni including 5.2m @ 1.16% Ni YE29-553044 323 -69 799 Follow-up hole: 54 m diss, semi-massive to massive, assays results are pending Yepleu Sector 2 YE29-713721 235 -75 924.3 490-495m: diss & semi-massive, 607 to 613m disseminated, assays results are pending Yepleu Sector 3 YE45-348721 270 -85 579.30 Technical problem, stopped at 579m, re-drilled with YE45-348726 YE45-348726 270 -85 current Currently at 785 m, should reach 1,200 m final depth “Sama’s newly discovered mineralization at 600 m depth at Yepleu Sector 1 within the Yacouba Intrusive Complex (dated as the same age as the Bushveld Complex in RSA (2.1 Ga) which hosts the large nickel-palladium Platreef deposit) is further evidence that the Yacouba intrusion system has the potential to host a significant amount of high-grade nickel-copper-cobalt- palladium mineralization in reservoirs and pods that are yet to be discovered,” stated Dr. Marc-Antoine Audet, President and CEO of Sama. Dr. Audet added: “Sama has outlined a 66 km strike length for the Yacouba Intrusive Complex. The Yepleu area appears to be the center of the intrusion from where it seems to have “radiated” in all directions. This observation suggests that the Yepleu area is as proximal as we can get to the magmatic hot spot.” Additionally, the Company is beginning Phase 2 of the Typhoon™ electromagnetic geophysical survey (“Typhoon”) at Yepleu. A total of 5 new sectors at Yepleu and one sector at the Grata license (ref: map below) will be covered by the second Typhoon phase. The Company is ex...