AMN - COTE D’IVOIRE: Positive survey results from Yepleu

Sama Resources has received positive results from a downhole geophysical survey performed on the first deep drill hole at the 100%-owned Yepleu Nickel-Copper-Cobalt-Palladium Project in Cote d'Ivoire, West Africa. A second drill rig is being mobilised to the site.

In the first week of March, the company conducted a downhole geophysical survey at the first deep hole drilled in December 2018.

The survey used a geophysical system called 'Mise-a-la-Masse' to follow-up a mineralised intersection announced in February.

The Mise-a-la-Masse method injects an electric current into a mineralised zone intersected by drilling. It aims to assist in delineating the mineralised zone and is based on mapping the distribution of electric potential lines measured on the surface or in boreholes.

SAGAX Africa SA based in Ouagadougou, Burkina Faso, completed the survey.

Results from the Mise-a-la-Masse survey match precisely with the initial Typhoon electromagnetic geophysical survey interpretation in terms of size and location of the conductive target.

In order to quickly test the combined Typhoon/Mise-a-la-Masse targets, Capital Drilling is mobilising a second drill rig to complement the one on the current 6,000-metre drilling program designed to test high-conductivity targets defined by phase 1 of the Typhoon survey.

The drilling program is targeting semi-massive and massive polymetallic sulphide anomalies located between 600 metres and 900 metres from surface.

The first deep drill hole intersected semi-massive sulphide mineralisation with a combined 5.2 metre intersection grading 1.16% nickel, 0.62% copper, 0.24 g/t palladium and 0.21 g/t platinum, using a cut-off-grade of 0.8% nickel within a larger interval of 37 metres of disseminated sulphide grading 0.41% nickel, 0.31% copper, 0.23 g/t palladium and 0.17 g/t platinum.

The mineralisation encountered in the hole is characterised by aggregates of the nickel, copper and iron sulphides pentlandite, chalcopyrite and pyrrhotite, respectively.

Sama is a Canadian-based mineral exploration and development company with projects in West Africa. On October 23, 2017, Sama announced that it had entered into a binding term sheet in view of forming a strategic partnership with HPX TechCo Inc, a private mineral exploration company in which mining entrepreneur Robert Friedland is a significant stakeholder, in order to develop its Cote d’Ivoire Nickel-Copper and Cobalt project.

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