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Sama Resources Reports on SRG Graphite’s Final 2018 Drill Results
MONTREAL, March 14, 2019 (GLOBE NEWSWIRE) -- Sama Resources Inc. (TSXV: SME | OTC.PK: SAMMF) (“SME” or the “Company”) reports that SRG Graphite Inc. (“SRG”) has
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[{"type":"text","content":" MONTREAL, March 14, 2019 (GLOBE NEWSWIRE) -- Sama Resources Inc. (TSXV: SME | OTC.PK: SAMMF) (“SME” or the “Company”) reports that SRG Graphite Inc. (“SRG”) has reported its final assay results of its 2018 drilling campaign for its Lola Graphite deposit in Guinea, West Africa. These results represent 71 new boreholes, bringing the total drilling program for the project to 638 boreholes for 22,239 meters (“m”). Of these boreholes, 10 were drilled at depth to confirm the presence of graphitic carbon (“Cg”) within the non-weathered rock assemblage below the graphite-rich surface saprolite. All 638 boreholes will be included in the updated resource estimate produced as part of SRG’s feasibility study expected in the first half of 2019. Drill Results Highlights: Hole LL39-162665: 21.00m at 7.74% Cg including 10.50m at 13.46% Cg, from surface Hole LL36-369056: 35.44m at 5.56% Cg including 20.46m at 7.93 % Cg, from 2.6m Hole LL36-384159: 30.72m at 6.50% Cg including 19.00m at 9.25% Cg, from surface Hole LL39-085636: 147.45m at 4.94% Cg including 91.85m at 6.90% Cg, from 8.4m Hole LL42-037030: 211.65m at 4.16% Cg including 116.81m at 6.18% Cg, from 4.8m The section below (see Figure 1) illustrates mineralisation continuity below the weathered saprolite. Drilling performed to date covers approximately 60% of the deposit’s surface footprint (see Figure 2), essentially covering the first 30 meters of depth from the surface, on average. The following link (Table 1) provides a compilation of mineralized intervals for the 638 boreholes drilled and analyzed to date. Mineralized intervals were defined using 1.0% Cg as a cut-off grade (“cog”). Composite intervals defined using a 3% cog are also presented. All boreholes were drilled at an inclination of 50 degrees from the horizontal and cross-cut the geological succession as perpendicularly as possible. The graphitic paragneiss displays foliation dipping between 80 and 85 degrees to the west. Core logging and sampling were performed at SRG’s facility in the village of Lola. Sample preparation was performed by Veritas Laboratory in Abidjan, Côte d’Ivoire. Pulp samples were delivered to Activation Laboratories Ltd., Ancaster, Ontario, Canada. The samples were treated through a multi-stage furnace process to remove organic carbon and carbonate carbon. The remaining graphitic carbon was measur...