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AMN - COTE D’IVOIRE: Drilling starts at Yepleu property

Sama Resources has started a 6,000-metre drilling program designed to test high-conductivity targets defined by phase 1 of a Typhoon™ electromagnetic geophysical survey at the Yepleu property of its nickel-copper-cobalt-palladium project in Côte d’Ivoire.

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

Capital Drilling Côte d’Ivoire Limited has positioned the drill rig for the first hole.

The company’s exploration objective is to delineate massive sulphide reservoirs that could be the source of high-grade nickel-copper-cobalt-palladium lenses intercepted in shallower boreholes at the Samapleu deposits.

Capital Drilling executive director Brian Rudd said: “Mobilisation to the drill site in Yepleu was completed smoothly and preparations to commence drilling at the site are underway. We are excited to be working with Sama Resources on this project and look forward to commencing the drilling program.”

The phase 1 Typhoon EM survey was performed following results from a 2,889-line/kilometre airborne helicopter time-domain electromagnetic and magnetic survey (HTEM) completed in February 2018 over the Samapleu and Yepleu areas.

The Yepleu area is 18 kilometres southwest of the Samapleu nickel-copper deposit.

The phase 1 Typhoon covered selected anomalies outlined by the HTEM survey and the company has planned the phase 2 Typhoon survey over additional EM targets.

Sama Resources president and CEO Dr Marc-Antoine Audet said: "We are very pleased with the results obtained from the phase 1 Typhoon survey. Typhoon surpassed our expectations returning high-conductivity targets as deep as 900 metres from surface and allowing us to be more accurate in positioning drill holes to test these deeper conductors."

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 Côte d’Ivoire nickel-copper and cobalt project.

www.samaresources.com