Sama Resources Discovers New Zone of 1.93% Nickel-Copper and 1.6 GPT PGE Over 9 Metres at the Samapleu Project in Cote d’Ivoire

- July 28th, 2010

Sama Resources Inc. (TSX VENTURE:SME) announced the assay results for the “Discovery Hole” at our newly discovered poly-metallic mineralized complex called Samapleu Extension 1.

Sama Resources Inc. (TSX VENTURE:SME) announced the assay results for the “Discovery Hole” at our newly discovered poly-metallic mineralized complex called Samapleu Extension 1.

The press release is quoted as saying:

This is an entirely new zone located 1.3 kilometres (“km”) northeast of the poly-metallic Samapleu main deposit located within the exploration license PR 123 (the “Project”), in Cote d’Ivoire, West Africa. The Discovery Hole, SM24-661614, returned a total of 109 metres (“m”) of material enriched with disseminated and semi-massive sulphide mineralization. The mineralization includes 9.0m of semi-massive sulphide material grading 1.00% Nickel (“Ni”), 0.93% Copper (“Cu”), 0.05% Cobalt (“Co”), 1.5 g/t Palladium (“Pd”), 0.10 g/t Platinum (“Pt”) and 0.08 g/t of Gold (“Au”).

Click here to access the entire press release

Click here to access Sama Resources Inc. Corporate Site

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2 responses to “Sama Resources Discovers New Zone of 1.93% Nickel-Copper and 1.6 GPT PGE Over 9 Metres at the Samapleu Project in Cote d’Ivoire

  1. Beware – Lynas is a very unfair position!
       The opposition to Lynas declared that it was their aim to bankrupt Lynas by delaying the production start date for as long as possible, through demonstrations and court cases, etc, and they seem to be achieving their goal..
       The 2 year temporary operating licence was approved in January (two and a half months ago) by the Malaysian Atomic Board, and Lynas has constantly been hoping, as each day goes by, to receive it….. and she is still hoping and waiting today, two and a half months after it was already approved, even though the Malaysian High Court threw the case out of court, when the anti-Lynas tried to challenge the approval of the licence. Lynas has yet to receive that much awaited for licence, which they badly need now..the LAMP will be completed in 2 weeks time, and it takes one month to ship the ore from Australia, and the Lynas team is absolutely rearing to go…
       Lynas should be issued the licence now and be allowed to start production immediately, with close monitoring by the relevent specialist bodies and recommendations if needed along the way. This is what a temporary licence is for – to make sure the company’s processes are really safe. There is just no need for more and more delays!
       Considering Lynas has fully cooperated with the Malaysian authorities and has passed All the safety regulations in Malaysia and International Atomic & Energy Agency – to continue delaying the production start date is not reasonable.
       Delays are costly, and also, Japan – recovering from the tsunami and nuclear blow up, wants to restart her industries to bring in much needed profits, and needs the rare earths now. If there are going to be more delays to Lynas production – their major customers may be forced to look elsewhere, and end up getting their supplies from elsewhere.
       Lynas could lose millions if there are continued delays to their production start date, which the anti-Lynas wants; and they may end up victorious, the way Lynas is continually being delayed now…
       Let me repeat – Lynas has cooperated fully with the Malaysian authorities, passed all  safety regulations internationally and in Malaysia and had its temporary licence approved two and a half months ago!

  2. Beware – Lynas is a very unfair position!
       The opposition to Lynas declared that it was their aim to bankrupt Lynas by delaying the production start date for as long as possible, through demonstrations and court cases, etc, and they seem to be achieving their goal..
       The 2 year temporary operating licence was approved in January (two and a half months ago) by the Malaysian Atomic Board, and Lynas has constantly been hoping, as each day goes by, to receive it….. and she is still hoping and waiting today, two and a half months after it was already approved, even though the Malaysian High Court threw the case out of court, when the anti-Lynas tried to challenge the approval of the licence. Lynas has yet to receive that much awaited for licence, which they badly need now..the LAMP will be completed in 2 weeks time, and it takes one month to ship the ore from Australia, and the Lynas team is absolutely rearing to go…
       Lynas should be issued the licence now and be allowed to start production immediately, with close monitoring by the relevent specialist bodies and recommendations if needed along the way. This is what a temporary licence is for – to make sure the company’s processes are really safe. There is just no need for more and more delays!
       Considering Lynas has fully cooperated with the Malaysian authorities and has passed All the safety regulations in Malaysia and International Atomic & Energy Agency – to continue delaying the production start date is not reasonable.
       Delays are costly, and also, Japan – recovering from the tsunami and nuclear blow up, wants to restart her industries to bring in much needed profits, and needs the rare earths now. If there are going to be more delays to Lynas production – their major customers may be forced to look elsewhere, and end up getting their supplies from elsewhere.
       Lynas could lose millions if there are continued delays to their production start date, which the anti-Lynas wants; and they may end up victorious, the way Lynas is continually being delayed now…
       Let me repeat – Lynas has cooperated fully with the Malaysian authorities, passed all  safety regulations internationally and in Malaysia and had its temporary licence approved two and a half months ago!

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