News Releases

Sama reports on SRG’s Maiden Resource Estimate for the Gogota Nickel-Cobalt Deposit 44.9Mt @ 1.28% Ni and 0.13% Co

June 6, 2018

Sama Resources (TSXV: SME) reports that SRG Graphite Inc. (SRG) has today announced the maiden resource estimate for the SRG 100%-owned Gogota nickel-cobalt deposit located in the Republic of Guinea. The mineral resource estimate, prepared by Montréal based Met-Chem, a division of DRA Americas Inc., includes a pit-constrained inferred resource of 44.9 Mt grading 1.28% Ni for a content of 573,040 t and 0.13% Co for a content of 59,560 t. The limonitic portion of the deposit also contains 1,166,200 kg of Sc.

The highlights of the pit constrained estimate are as follows:

  • 9 Mt of mineralized weathered material (limonite and saprolite) from surface to 40 meters
  • 28% Ni, 0.13% Co, 29.4g/t Sc
  • 38 Mt of limonite material grading 0.15% Co for 57,140 t of in-situ cobalt
  • Preliminary strip ratio of 0.23

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