Sama Resources Inc. · TSXV:SME
Sama Resources — Investor Presentation (May 2023)
39 slides from Sama Resources's investor presentation, May 25, 2023
Slide 1: Sama Resources Corporate Presentation
May 25, 2023 Sama Resources Corporate Presentation Africa Spin-out SRQ on June 29, 2023 Canada Québec TSX.V: SME | OTC.PK: SAMMF
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results and future events could differ materially from those expressed or implied in such statements. Yo
Slide 3: SME: Corporate Summary
SME: Corporate Summary TSX-V: SME Ticker OTC-US: SAMMF Shares Outstanding 219,768,440 Options 21,395,000 Warrants Nil CAD$ 36,250,000 Market Cap (CAD$0.16 per share May 23th-2023) Debt Nil Cash (May 23th, 2023) CAD$6,000,000 SHAREHOLDERS Securities Holdings 15.2 M shares • Ivanhoe Electric 22.8% of
Slide 4: Sama Resources Inc.: Corporate Structure
SAMA Resources Inc.: Corporate Structure Ivanhoe Electric INC. 22.8% Ownership (50,000,000 shares) SRG Mining Inc. 13.36% ownership (15,180,378 shares) by Sama Resources Inc. Sama Resources Inc. SAMA NICKEL SAMA Resources CORPORATION SRQ RESOURCES INC 70% Sama – 30% IVNE Development (SRQ) (Cayman) S
Slide 5: Corporate Structure following Spin-out SRQ
SAMA Resources Inc. following Spin-out SRQ : Corporate Structure Ivanhoe Electric INC. 22.8% Ownership (50,000,000 shares) SRG Mining Inc. 13.36% ownership (15,180,378 shares) by Sama Resources Inc. Sama Resources Inc. SAMA NICKEL CORPORATION SAMA Resources 70% Sama – 30% IVNE Development (Cayman) S
Slide 6: Yacouba UM Intrusive Complex / Lac Brulé Ni-Cu-PGE
Yacouba UM Intrusive Complex Lac Brulé Ni-Cu-PGE Newly discovered Base Metal district in Newly discovered mineralized gossan West-Africa in virgin territory • Ivanhoe Electric Inc. continues with Earn-in agreement • 2022: sale of 5.6M shares of SRG Mining for C$4.0M, financing • Discovery of a Ni-Cu
Slide 7: TSX.V: SME | OTC.PK: SAMMF samaresources.com
Guinea Côte d'Ivoire Liberia TSX.V: SME | OTC.PK: SAMMF samaresources.com 7
Slide 8: Samapleu versus Norilsk's & Voisey Bay
SAMAPLEU VERSUS NORILSK'S & VOYSEY BAY Grata Samapleu 30Mt ? 50Mt TSX.V: SME | OTC.PK: SAMMF samaresources.com 8
Slide 9: Samapleu Project: Magnetic inversion showing Yacouba complex feeders
Samapleu Project: Magnetic inversion showing several feeders of the Yacouba complex: more than 20 targets zones remaining to be investigated (blue circles) Samapleu GRATA Bounta Yepleu TSX.V: SME | OTC.PK: SAMMF samaresources.com 9
Slide 10: Samapleu & Grata new discovery zone
Samapleu & Grata new discovery zone ? TSX.V: SME | OTC.PK: SAMMF samaresources.com 10
Slide 11: Massive sulphide intercept: 4.08% Nickel, 0.43% Copper
8.0 m (combined) of massive sulphide grading 4.08% Nickel, 2.43% Copper & 2.92 gpt palladium starting 60.1m from surface Part of a 54 m of mineralized pyroxenite 0.96% Nickel, 0.76% Copper & 0.74 gpt Palladium TSX.V: SME | OTC.PK: SAMMF samaresources.com 11
Slide 12: Grata: New discovery zone
Grata: New discovery zone Section 1, vertical section NW-SE showing holes GR-30 and GR-34 TSX.V: SME | OTC.PK: SAMMF samaresources.com 12
Slide 13: Grata: New discovery zone
Grata: New discovery zone Section 2, vertical section NW-SE showing holes GR-27 and GR-33. TSX.V: SME | OTC.PK: SAMMF samaresources.com 13
Slide 14: Grata: New discovery zone
Grata: New discovery zone Section 3, vertical section NW-SE showing hole GR-40. TSX.V: SME | OTC.PK: SAMMF samaresources.com 14
Slide 15: Grata: Highlights DDH
• GR-23 intersected 135 m at 0.12% Ni, 0.05% Cu and 0.05 gpt Pd Grata: Highlights DDH • • GR- 24 intersected 69 m at 0.21% Ni, 0.25% Cu and 0.35 gpt Pd GR-25 intersected 180 m at 0.22% Ni, 0.26% Cu and 0.34 gpt Pd including 37.40 m at 0.24% Ni, 0.45% Cu and 0.54 gpt Pd • GR-03 intersected 147 m at 0
Slide 16: Samapleu & Grata Drilling 2021-22
SAMAPLEU & GRATA DRILLING 2021-22: 66 DDH FOR 20,536M TSX.V: SME | OTC.PK: SAMMF samaresources.com 16
Slide 17: Samapleu & Grata Metallurgy Update and Proposed PEA Update
SAMAPLEU & GRATA METALLURGY UPDATE AND PROPOSED PEA UPDATE Metallurgical testwork results for the combined Grata and Samapleu deposits are very good. These metallurgical test work are designed to support the upcoming 2023 revised Preliminary Economic Assessment for the combined Samapleu-Grata open p
Slide 18: Analogy: Norilsk Ni-Cu-PGE deposit
Analogy: Norilsk Ni-Cu-PGE deposit Equivalent Samapleu-Yepleu-Grata today Disseminated mineralization Lenses and veins of Massive Sulphide 1,200 m TSX.V: SME | OTC.PK: SAMMF samaresources.com 18
Slide 19: A Canadian Nickel Power Play
A CANADIAN NICKEL POWER PLAY
Slide 20: Highlights
HIGHLIGHTS Québec-focused base metal exploration play Rapidly advancing the near-surface, drill-ready Lac Brulé Ni-Cu project SRQ SRQ SRQ SRQ SRQ Drill targets informed by comprehensive geophysics programs (ground & airborne EM surveys, plus IP survey) Regional compilation suggests a 160-km long def
Slide 21: Unlocking the Nickel Potential of Underexplored Québec Regions
UNLOCKING THE NICKEL POTENTIAL OF UNDEREXPLORED QUÉBEC REGIONS Lac Brulé Renzy Ni-Cu Mine 21
Slide 22: Lac Brulé Project: Optimal Location
LAC BRULÉ PROJECT: OPTIMAL LOCATION • Prospective, underexplored area of Northern Laurentians, Québec • Located 50Km ESE of the Renzy historical Ni-Cu Mine • Year-round easy access from Ottawa & Montréal (350km) on existing roads • Québec is a top 6 global mining jurisdiction (Fraser Institute 2021)
Slide 23: December 2021 Airborne Helitem2 Results: Late channels
December 2021 AIRBORNE HELITEM2 RESULTS : Late channels
Slide 24: Prospective Lac Brulé
PROSPECTIVE LAC BRULÉ Gossan exposed at surface over 65m & traced over 430m of strike Gossan is part of a regional 160-km long deformation pattern coupled with an intense isolated gravity high Highest conductivity grade & conductivity- thickness-product measured next to gossan (2021 HELITEM2) Drill
Slide 25: Lac Brulé Project: Gossan Petrological Determination
LAC BRULÉ PROJECT: GOSSAN PETROLOGICAL DETERMINATION “The nature of rocks at the [Lac Brulé] gossan suggests a magmatic mineralised pyroxenitic intrusion younger than its garnet-rich amphibolite host. This magmatic pyroxenite shows a strong similarity to the magmatic pyroxenite at the Renzy Mine, a
Slide 26: Lac Brulé Project: Helitem Survey Defined Two Main Target Areas
LAC BRULÉ PROJECT: 1,494-LINE KM HELITEM SURVEY DEFINED TWO MAIN TARGET AREAS A A: High-conductivity zones defined by airborne HELITEM II (Dec 2021) Target zones start at 175m below surface B B: HELITEM II extrapolated responses to 600m below surface & along a 10km-long folded amphibolite unit 600m
Slide 27: Lac Brulé Project: 2022 Ground EM and IP Surveys
LAC BRULÉ PROJECT: 2022 GROUND EM AND IP SURVEYS OVER TWO TARGET AREAS - Gossan zone - North zone
Slide 28: Lac Brulé Project: 2023 EM Inversion Responses
LAC BRULÉ PROJECT: 2023 EM INVERSION RESPONCES OVER TWO PROSPECTIVE TARGET AREAS - Gossan zone - North zone - North zone - Gossan zone Apparent Conductivity Source: Technical note on the Inversion of Time domain EM Data completed on the Lac Brulé project. Submitted to SRQ Ref.:22C-596, January 2023
Slide 29: Lac Brulé Project: 2023 EM Inversion Responses, Proposed Drilling
LAC BRULÉ PROJECT: 2023 EM INVERSION RESPONCES OVER TWO PROSPECTIVE TARGET AREAS - Gossan zone Proposed Drilling 2023 - North zone Maxwells Plates From Helitem II and Ground EM Helitem II inversion 3D models 650 m Apparent Conductivity
Slide 30: Lac Brulé Project Analogy
Analogy with the Nova Bollinger Ni-Cu deposit (13Mt @ 2.0% Ni & 0.8% Cu*1) recently LAC BRULÉ PROJECT discovered in Australia in a similar geological environment i.e., Greenville-type ANALOGY metamorphism with sub-horizontal layering. Lac Brulé Project Nova Bollinger Ni-Cu Deposit, Australia *1: SRQ
Slide 31: Africa
Africa TSX.V: SME | OTC.PK: SAMMF samaresources.com 31
Slide 32: St-John gold project / Zwedru South gold project
St-John gold project Zwedru South gold project • Significant alluvial and saprolite artisanal • Fives gold occurrences were reported by gold mining activity were identified in USGS within the boundary of the exploration the surroundings. permit. SRL team identified more than 13 • Exploration started
Slide 33: Liberia: The Last Frontier, Mining Focused
Liberia The Last Frontier Mining Focused West African craton hosts numerous world-class gold deposits. Up to 450Moz in global resources. It is the largest Paleoproterozoic gold-producing region in the world TSX.V: SME | OTC.PK: SAMMF samaresources.com 33
Slide 34: Zwedru South
Zwedru South Exploration License Area Slomeh: newly identified gold zone 175 km2 Geological potential Significant alluvial and saprolite artisanal gold mining activity were identified in the surroundings. Fives gold occurrences are reported by USGS within the boundary of the exploration permit. SRL
Slide 35: Zwedru South: 13 surface gold zones identified
Zwedru South: 13 surface gold zones identified 2023 - Soil sampling - Pitting program - Geological – mapping over all known gold occurrences. TSX.V: SME | OTC.PK: SAMMF samaresources.com 35
Slide 36: Zwedru South: Slomeh: newly identified gold zone
Zwedru South: Slomeh: newly identified gold zone Quartz fragments with visible gold collected from dug pits by local gold diggers at the Slomeh area, photos taken by SRL’s geologist Marc Michel Koffi Rusted exploitation equipment’s dating 1980 or 90’s at the surface exploitation site called Slomeh T
Slide 37: St-John River
St-John River Exploration License Area 330 km2 Geological potentiel Significant alluvial and saprolite artisanal gold mining activity were identified in the surroundings. The Kokoya gold mine is located few km north MNG Gold Liberia Kokoya gold mine*1 M&I: 1.8Mt @ 3.5 g/t Au Inf: 3.1Mt @ 2.0 g/t Au
Slide 38: CSR Commitment
CSR Commitment: “SAMA Resources through its African subsidiaries recognizes the pursuit of economic growth through employment creation and income generation” • Provide reasonable working conditions and terms of employment; • Comply with national law; • Not make employment decisions on the basis of p
Slide 39: Thank you
Thank you Africa Canada Québec