Sama Resources Inc

Sama Resources Inc ('Sama') - (TSX.V :SME | US: LNZCF ) is a growth-oriented resource company focused on exploring the Samapleau Nickel ('Ni') - Copper ('Cu') project in Ivory Coast, West Africa.  The company is well financed and managed by experienced industry professionals with a strong track record of discovery. Sama, together with its partner La Société de Développement des Mines de Côte d'Ivoire ('SODEMI')  is committed to develop and exploit the Samapleu Ni-Cu and Platinum Group of Elements ('PGE') Resources as well as evaluating the newly discovered Massive Chromite occurrences found along a 19km northeast-southwest oriented ridge (Gangbapleu-Bounta Ridge). These Massive Chromite occurrences, in addition to having significant potential by themselves as possible candidates for direct shipping economic material, are indicative of a highly favorable geological environment for additional Samapleu Ni-Cu style mineralization.  Field evidences collected so far suggest a stratiform origin for these Massive Chromites which belong to the magmatic Chromium ('Cr')-Ni-Cu-PGE deposit type associated with layered mafic to ultramafic intrusions.  The Samapleu project also hosts a significant amount of Ni-Cobalt ('Co') rich laterite material, known as the Sipilou South laterite deposit, located 5 km northwest of Samapleu Ni-Cu+PGE deposits.

Sama's projects are located approximately 600 km northwest of Abidjan in Côte d'Ivoire and straddle both sides of the Ivorian and Guinean borders in West Africa.  Sama's projects are located adjacent to the large world class nickel-cobalt laterite deposits of Sipilou and Foungouesso.The Samapleu Main Ni-Cu+PGE deposit was discovered by SODEMI in the mid-70's as a follow-up on Ni and Cu stream sediment anomalies. Limited amount of drilling was performed by SODEMI in 1982, 1986 and 1996. The property remained dormant until Sama signed a joint venture ('JV') agreement with SODEMI in 2009. Sama started drilling at the Samapleu Main deposit in March 2010 and since then, additional discoveries were made in the vicinity of the maiden discovery. The Samapleu Extension 1 Ni-Cu+PGE deposit was discovered by Sama in June 2010 at located 1.3km north of Samapleu Main. The Yorodougou occurrence was discovered 5km East of Samapleu Main and the newly discovered Yepleu sector is located 18km southwest of the Samapleu Main deposit.