Sama Resources Inc. · TSXV:SME
Sama Resources — Swiss Mining Institute Zurich 2022
33 slides from Sama Resources's conference presentation, Jun 1, 2022
Slide 1: Swiss Mining Institute Zurich
Swiss Mining Institute Zurich Africa June 01, 2022 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: Corporate Summary
Corporate Summary TSX-V: SME Ticker OTC-US: SAMMF Shares Outstanding 219,468,440 Options 21,940,000 Warrants Nil CAD$37,000,000 Market Cap (CAD$0.17 per share May 24th, 2022) Debt Nil Cash (May 24th, 2022) CAD$6,000,000 SHAREHOLDERS Securities Holdings 19.1 M shares • Ivanhoe Electric 23.1% of SRG M
Slide 4: 2021 SAMA Resources Inc. Corporate Structure
2021 SAMA Resources Inc. Corporate Structure Ivanhoe Electric INC. 23.1% Ownership (50,000,000 shares) SRG Mining Inc. 19.88% ownership (19,100,000 shares) by Sama Resources Inc. Sama Resources Inc. SAMA NICKEL CORPORATION SAMA Resources 70% Sama – 30% IVNE Development SAMA Resources (Cayman) Quebec
Slide 5: Yacouba UM Intrusive Complex and Lac Brulé Ni-Cu-Scandium
Yacouba UM Intrusive Lac Brulé Ni-Cu- Complex Scandium Newly discovered Base Metal Newly discovered mineralized district in West-Africa gossan in virgin territory • Ivanhoe Electric Inc. continues with Earn-in • Ni-Cu and Scandium Gossan at surface (1.3 agreement to 1.5 oz/t Scandium) • Discovery of
Slide 6: TSX.V: SME | OTC.PK: SAMMF samaresources.com
Guinea Côte d'Ivoire Liberia TSX.V: SME | OTC.PK: SAMMF samaresources.com 6
Slide 7: Geological Model and World Class Potential
GEOLOGICAL MODEL AND WORLD CLASS POTENTIAL The Samapleu and Yepleu deposits’ mineralization and geological characteristics are typical of layered Pipe-like Intrusion or a conduit‐hosted nickel deposits. These rare types of intrusions host the world’s largest nickel-copper deposits such as: • Noril’s
Slide 8: Samapleu & Yepleu Geological Model
SAMAPLEU & YEPLEU GEOLOGICAL MODEL 25 km 2021: Yepleu Proposed DDH 20,000 CT target TSX.V: SME | OTC.PK: SAMMF samaresources.com 8
Slide 9: Massive sulphide intercept at Samapleu
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 9
Slide 10: Samapleu & Grata: New discovery zone
Samapleu & Grata: New discovery zone The re-interpretation of the 2013 small grid HTEM inversion at Samapleu deposits lead to the discovery of the Grata occurrence located 5 km East of Samapleu. Excellent results with GR-03, -04, 05, -06 to GR-08 TSX.V: SME | OTC.PK: SAMMF samaresources.com 10
Slide 11: Grata Drilling 21-22: DDH for 7,673m (May 2022)
GRATA DRILLING 21-22: 23 DDH FOR 7,673M (MAY, 2022) Sequence Length Date COG From Length Ni Cu Co Pd Pt Au m Completed m m % % % gpt gpt gpt GRATA GR-03 350 2021-06-07 (cog: 0.1% Ni) 33.75 48.25 0.23 0.20 0.01 0.06 0.14 0.03 (cog: 0.1% Ni) 181.5 76.00 0.29 0.33 0.02 0.11 0.24 0.04 (cog: 0.3% Ni) 9.2
Slide 12: Grata Drilling 21-22: DDH for 7,673m (May 2022)
GRATA DRILLING 21-22: 23 DDH FOR 7,673M (MAY, 2022) Sequence Length Date COG From Length Ni Cu Co Pd Pt Au m Completed m m % % % gpt gpt gpt GR-07 269 2021-11-26 (cog: 0.1% Ni) 214.65 22.35 0.41 0.28 0.02 0.43 0.11 0.03 (cog: 0.5% Ni) 2.45 0.67 0.53 0.03 0.55 0.09 0.04 (cog: 0.5% Ni) 2.75 0.85 0.58
Slide 13: Grata Drilling 21-22: DDH for 7,673m (May 2022)
GRATA DRILLING 21-22: 23 DDH FOR 7,673M (MAY, 2022) Sequence Length Date COG From Length Ni Cu Co Pd Pt Au m Completed m m % % % gpt gpt gpt GR-06D 171 2022-02-04 Pending GR-10 321 2022-01-14 Pending GR-11 374 2022-01-25 (cog: 0.1% Ni) 84.65 212.00 0.28 0.30 0.02 0.10 0.32 0.05 (cog: 0.5% Ni) 0.15 0
Slide 14: Samapleu & Yepleu Drilling 2021: DDH for 8,768m
SAMAPLEU & YEPLEU DRILLING 2021: 20 DDH FOR 8,768M TSX.V: SME | OTC.PK: SAMMF samaresources.com 14
Slide 15: Grata: Section GR-03 – GR-21 (ongoing)
Grata: Section GR-03 – GR-21 (ongoing) GR-06 GR-21 GR-08 GR-20 GR-16 GR-06B-D Pending GR-19B GR-03: 310 m of Pyroxenite & Gabbro 147 m @ 0.26% Ni, 0.29% Cu & 0.21gpt Pd inclu: combine 56m @ 0.39% Ni, 0.45% Cu & 0.33gpt Pd GR-05: 437 m of Pyroxenite & Gabbro 117 m @ 0.29% Ni, 0.31% Cu & 0.42gpt Pd Pe
Slide 16: Yepleu: First Ni-Cu sulphides discovery outcropping in West-Africa (2013)
Yepleu: First Ni-Cu sulphides discovery outcropping in West-Africa (2013) Discovery Yepleu Ni-C-PGE 2013 https://www.youtube.com/watch?v=NSEWDKT8eME TSX.V: SME | OTC.PK: SAMMF samaresources.com 16
Slide 17: Yepleu: Program Resource definition
Yepleu: Program Resource definition TSX.V: SME | OTC.PK: SAMMF samaresources.com 17
Slide 18: Typhoon EM: SSW-NNE Cross-Section & targets
Typhoon EM: SSW-NNE Cross-Section & targets TSX.V: SME | OTC.PK: SAMMF samaresources.com 18
Slide 19: TSX.V: SME | OTC.PK: SAMMF samaresources.com
TSX.V: SME | OTC.PK: SAMMF samaresources.com 19
Slide 20: Drilling and earthmoving equipment
New Coretech 3000 Komatsu D85 Coretech 1300G Low Bed 20 20 D7G Caterpillar
Slide 21: Ni-Cu Projects Generation: Province of Québec, Canada
Ni-Cu Projects Generation: Province of Québec, Canada AFRICA Lac Brulé Ni-Cu project TSX.V: SME | OTC.PK: SAMMF samaresources.com 21
Slide 22: SRQ: Lac Brulé Ni-Cu Project
Ni-Cu Projects Generation: Province of Québec, Canada « SRQ : Lac Brulé Ni-Cu Project» NI43-101Technical Report - Resources Evaluation November 2007 Vulcain Property, Hainaut township, Matamec Explorations Inc. Page 22 Geostat Systems International Inc. The ore extracted from the Renzy mine is massi
Slide 23: Ni-Cu Projects Generation: Province of Québec, Canada
Ni-Cu Projects Generation: Province of Québec, Canada Lac Brulé Ni-Cu project. exploration claims forming 1 large block surrounding the 19 claims first taken in May 2020 and own by Dr. Audet, and a smaller one south-west of the old Renzy Mine. The vertical gradient of gravity anomaly and the first d
Slide 24: Dr Audet at the discovered surface gossan
Ni-Cu Projects Generation: Province of Québec, Canada Dr Audet at the discovered surface gossan, Mai 2021 TSX.V: SME | OTC.PK: SAMMF samaresources.com 24
Slide 25: Surface gossan, Province of Québec
Ni-Cu Projects Generation: Province of Québec, Canada It appears that the surface gossan, which can be traced over 60 m wide by 150m (up to 450m with isolated outcrops) may represent the upper portion of a sub-horizontal mineralised amphibolite (see cross-section slide X) 40370 40369 40368 40361 TSX
Slide 26: Proposed cross-section at the Gossan zone
Ni-Cu Projects Generation: Province of Québec, Canada 2021-09-15 proposed cross-section at the Gossan zone: Sub-horizontal mineralised amphibolite of an unknow thickness associated with the surface gossan A B Chalcopyrite Pyrrhotite TSX.V: SME | OTC.PK: SAMMF samaresources.com 26
Slide 27: HELITEM2 Total Magnetic Field
Ni-Cu Projects Generation: Province of Québec, Canada An 1,494 line-km Electromagnetic survey was flown in December 2021. HELITEM2: Total Magnetic Field showing location of the two primes zones. 0 10 km Discovered gossan Interpretated trace of amphibolite units TSX.V: SME | OTC.PK: SAMMF samaresourc
Slide 28: HELITEM2 early off-time apparent conductivity
Ni-Cu Projects Generation: Province of Québec, Canada An 1,494 line-km Electromagnetic survey was flown in December 2021. HELITEM2: Early off-time channels Apparent Conductivity Discovered gossan TSX.V: SME | OTC.PK: SAMMF samaresources.com 28
Slide 29: HELITEM2 mid off-time apparent conductivity
Ni-Cu Projects Generation: Province of Québec, Canada An 1,494 line-km Electromagnetic survey was flown in December 2021. HELITEM2: Mid off-time channels Apparent Conductivity Discovered gossan TSX.V: SME | OTC.PK: SAMMF samaresources.com 29
Slide 30: HELITEM2 late off-time apparent conductivity
Ni-Cu Projects Generation: Province of Québec, Canada An 1,494 line-km Electromagnetic survey was flown in December 2021. HELITEM2: Late off-time channels Apparent Conductivity Grade: 4 and 5 Grade: 5 and 6 Discovered gossan TSX.V: SME | OTC.PK: SAMMF samaresources.com 30
Slide 31: Ni-Cu Projects Generation: Province of Québec
Ni-Cu Projects Generation: Grade: 4 and 5 Province of Québec Grade: 5 and 6 Discovered gossan 0 2 km TSX.V: SME | OTC.PK: SAMMF samaresources.com 31
Slide 32: Late off-time EM response compared with Voisey Bay
Ni-Cu Projects Generation: Province of Québec, Canada An 1,494 line-km Electromagnetic survey was flown in December 2021. Late off-time channels EM response; comparative size with Voisey Bay Ni-Cu-PGE deposit (at scale) TSX.V: SME | OTC.PK: SAMMF samaresources.com 32
Slide 33: 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