(TheNewswire)
Highlights:
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A 1,494 line-km HELITEM survey outlined several highconductivity-thickness (CTP) zones characterised with elevatedconductivity levels near the discovered gossan and along aninterpreted 10 km-long folded amphibolite unit.
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Based on these excellent results, alarge exploration program is planned for summer 2022 at the Lac Bruléand Lac Brennan properties. Exploration works will include geologicalmapping and sampling, ground geophysical survey aimed at drillingpriority targets by the fall of 2022. An existing vast network offorestry roads and bridges will greatly facilitate access for all ourexploration works.
Montréal, Quebec – TheNewswire - March 22, 2022 – Sama Resource Inc. (“Sama” or the“Company”) (TSXV:SME ) | ( OTC:SAMMF) is pleased to report that Sama Resources Québec Inc.(“ SRQ ”) a fully owned subsidiary of the Company has announcedthe completion and interpretation of a HELITEM 2 electromagneticand magnetic helicopter geophysical survey of 1,494 line-kilometres(line-km) at the new Lac Brulé nickel-copper property in the Provinceof Québec, Canada ( Figure1 ).
A s a follow-up on the new gossan discovered in May 2021 (see Press Release2021-06-16)* 1 , SRQ commissioned Xcalibur Multiphysics (MPH) CanadaInc. for a HELITEM 2 electromagneticsurvey supplemented by a high-sensitivity cesiummagnetometer. One block of claims (390 claims) was flown betweenDecember 5 and December 14, 2021. The survey coverage consisted of1,374 km of traverse lines flown with a spacing of 200 and 100 metres(“ m ”) and 119 km of tie lines with a 2000 m spacing.
Figures 2 to 5 show Xcalibur’s final compilationoutlining several high conductivity-thickness-product (“ CTP ”) areas grading5 to 6 on the Conductivity Grade scale ( Table1 ). HighestConductivity Grade and CTP, outlined by the late off-timechannel/gates ( Figures 2 &5 ), are located next to the discovered gossan. Figure 6 shows the rooted EM response down to 600 m from surface. Detailed Interpretation and targets modeling will beperformed by M. Joel Simard, P.Geol./Geoph based in St-Donat, Quebec province,Canada.
* 1 (Gossans are highly ferruginous rock which is the product of theoxidation by weathering and leaching of a sulfide body: ElsevierMineral Exploration 2013)
“ While weare fully committed at exploring and developing our Ivorian SamapleuNi-Cu-PGM assets with our partner Ivanhoe Electric, Sama isdemonstrating its ability at finding new highly prospective groundsworldwide in totally virgin territories.” s aidMarc-Antoine Audet, Ph.D, P.Geo and CEO of Sama Resources Inc. Dr.Audet is continuing by saying “ SRQ’s 100% owned Lac Brulé project isonly 5 hours driving north of Montreal, Québec Province, whichgreatly facilitate our upcoming explorations programs”
No historical prospecting orground exploration had been reported from the Lac Brulé area prior to SRQ.
The past-producing Renzi nickel-copper mine is the closest mining activity with historical information available. The Renzi mine is located 48 km east-southeast of the Lac Brulé property. The Company is targetin g possibleaccumulations of Ni and Cu mineralisation at Lac Brulé thatcould be of similar nature to that at the Renzy mine, Voisey Bay Ni-Cumine and at other well-known Ni-Cu deposits in Canada andworldwide.
Geophysical HELITEM 2 electromagnetic Program
The HELITEM 2 system is composed of a 40 m cable to whichis attached the transmitter loop. The receiver platform and thereceiver coil are located at the centre of the 35 m diametertransmitter loop approximately 0.1 m above the centre of thetransmitter plane. The real time navigation GPS antenna is on the tailboom of the helicopter. The barometric altimeter, radar altimeter,laser altimeter, video camera and data recorder are all installed inthe helicopter. GPS antennae are attached to the transmitter loop togive positional information and transmitter orientation.
The survey used a 7.5 Hertz (“ Hz ”) one half cycleof the HELITEM 2 system is made up of a square pulse(on-time) of approximately thirty-four milliseconds in durationfollowed by approximately thirty-four milliseconds of off-time beforethe pulse is repeated with the opposite polarity. After acquisitionthe measured data are windowed into twenty-five ranges called“gates”. Gate widths increase as time after turn-off increasesbecause as the energy from the transmitter decays a wider sample mustbe taken to get a valid average. The position of the first off-timegate is selected after examining several flights of data and is asclose to the transmitter turn off as possible. The power of the pulsecauses eddy currents in the system after the turn off and the firstoff-time gate cannot start until these have died away. The earliestdata has had less time to penetrate the subsurface and so containsinformation from the near surface. Detailed technical information onthe survey is available on Sama’s website.
Xcalibur MPH selected electromagnetic (“ EM ”) anomaliesautomatically using proprietary software from both X and Z componentsusing the fourthoff-time gate and a threshold of 100 nT/s . Theseautomatically generated anomalies were then examined in profile formfor each line against the X & Z EM responses, decay information,magnetic responses, altimeter readings and flight path videos removingthose not considered valid and adding additional anomalies missed bythe threshold. For each anomaly the conductor type was interpreted andassigned to each anomaly. After reviewing all anomalies, the followingparameters were associated with each anomaly using the data for thefourth off-time gate and where applicable:conductivity-thickness-product (CTP) ( Table 1 ), amplitudeof EM response, last off-time channel with an anomalous response, timeconstant, apparent depth and dip.
Table 1: Xcalibur’s MPH (proprietary)EM Anomaly characterisation (Conductor Grade and CTP)
( Fourthoff-time gate and a threshold of 100 nT/s )
Figure 1: SRQ’s Lac Brulé project is located 148 kmWest-Northwest of Mont-Laurier and 290 km Northwest of Montreal. Theproject area is located 5 hours driving north of Montreal. SRQ owns asecond block of claims (Lac Brennan) overlying an isolated gravityhigh in prolongation of the “Renzi shear zone”. The old Renzy Ni-Cu mine operated from 1969 to 1972 sellingnickel and copper concentrate to Falconbridge in Sudbury,Ontario.
Figure 2: Apparent Conductivity:late off-time channel/gates showing several distinc high conductivity(CTP) areas. The composantes X and Z responses of the strong conductor(Conductor Grade: 5 and 6, see Table 1) located next to the surfacegossan is also shown.
Figure 3: Apparent Conductivity: early off-timechannel/gates. The gossan location is shown with a star.
Figure 4: Total Magnetic Intensity for the Lac Bruléproject. The interpreted trace of amphibolite units is shown.
Figure 5: EM Conductivity together with ConductorClassification defining two main sectors for follow-up: Gossan Zoneand the North Zone.
Figure 6: Differential conductivity: 600m depthslice.
2022 Exploration Program
SRQ will continue surface exploration at the Lac Bruléand Lac Brennan properties. Exploration works will include geologicalmapping and sampling, ground geophysical survey aiming at drillingpriority targets by the fall of 2022. An existing vast network offorestry roads and bridges will greatly facilitate access for all ourexploration works.
Readers are invited to view the updated CorporatePresentation showing exploration progress at all our properties : https://samaresources.com/i/pdf/Sama_Corporate_Presentation.pdf
The technical information in this release has beenreviewed and approved by Dr. Marc-Antoine Audet, Ph.D geology, P.Geoand President and CEO of Sama, and a ‘qualified person’, asdefined by National Instrument 43-101 Standards of Disclosure forMineral Projects.
ABOUT SAMA RESOURCES INC.
Sama is a Canadian-based mineral exploration anddevelopment company with projects in West Africa and now in Canada.
In Côte d’Ivoire only, Sama, has a strategicpartnership to develop the Samapleu-Yepleu nickel-copper-palladiumproject with Ivanhoe Electric (previously HPX) of which miningentrepreneur Robert Friedland is a significant stakeholder. For moreinformation about Sama, please visit Sama’s website at http://www.samaresources.com .
FOR FURTHER INFORMATION, PLEASECONTACT:
SAMA RESOURCES INC./RESSOURCES SAMA INC.
Dr. Marc-Antoine Audet, President and CEO
Tel: (514) 726-4158
OR
Mr. Matt Johnston, Corporate Development Advisor
Tel: (604) 443-3835
Toll Free: 1 (877) 792-6688, Ext. 5
Neither the TSXV nor its RegulationServices Provider (as that term is defined in the policies of theTSXV) accepts responsibility for the adequacy or accuracy of thisrelease.
Forward-Looking Statements
Certain of the statements made and informationcontained herein are "forward-looking statements" or“forward-looking information” within the meaning of Canadiansecurities legislation. Forward-looking statements and forward-lookinginformation such as “plan”, “evidence”, “potential”,“appears”, “seems”, “suggest”, are subject to a variety ofrisks and uncertainties which could cause actual events or results todiffer from those reflected in the forward-looking statements orforward-looking information, including, without limitation, theavailability of financing for activities, risks and uncertaintiesrelating to the interpretation of drill results and the estimation ofmineral resources and reserves, the geology, grade and continuity ofmineral deposits, the possibility that future exploration, developmentor mining results will not be consistent with the Company'sexpectations, metal price fluctuations, environmental and regulatoryrequirements, availability of permits, escalating costs of remediationand mitigation, risk of title loss, the effects of accidents,equipment breakdowns, labour disputes or other unanticipateddifficulties with or interruptions in exploration or development, thepotential for delays in exploration or development activities, theinherent uncertainty of cost estimates and the potential forunexpected costs and expenses, commodity price fluctuations, currencyfluctuations, expectations and beliefs of management and other risksand uncertainties.
In addition, forward-looking statements andforward-looking information are based on various assumptions. Shouldone or more of these risks and uncertainties materialize, or shouldunderlying assumptions prove incorrect, actual results may varymaterially from those described in forward-looking information orforward-looking statements. Accordingly, readers are advised not toplace undue reliance on forward-looking statements or forward-lookinginformation. Except as required under applicable securitieslegislation, the Company undertakes no obligation to publicly updateor revise forward-looking statements or forward-looking information,whether as a result of new information, future events orotherwise.
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