# Sama Resources Announces Results of its New Preliminary Economic Assessment for the Samapleu-Grata Nickel-Copper Project, Cote d'Ivoire

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7

Original source: https://money.tmx.com/en/quote/SME/news/5957736193183257/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for-

Publisher: tmx

Original announcement: 2024-03-21T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Sama Resources Inc.

- Ticker: SME

- Exchange: TSX

- Region: Côte d’Ivoire, West Africa

- Primary commodity: Nickel

- Secondary commodities: Copper, Cobalt, Platinum, Palladium, Gold

- Document categories: Resource update, Metallurgy

- Extracted: 2026-08-24 11:13:11 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Sama Resources announced a new Preliminary Economic Assessment for its Samapleu-Grata Nickel-Copper Project in Côte d’Ivoire, outlining a 16-year open-pit operation with a post-tax NPV of US$257M and IRR of 22.3%. The PEA is based on an updated Mineral Resource Estimate, which includes a 29% increase in Indicated resources and a maiden Inferred laterite resource, and proposes a conventional flotation process yielding high-quality nickel and copper concentrates.

Reasoning: The new Preliminary Economic Assessment outlines positive project economics with a post-tax NPV of US$257M and IRR of 22.3%, supported by an updated Mineral Resource Estimate showing a 29% increase in Indicated resources and a maiden Inferred laterite resource. The shift to a conventional flotation process with confirmed recoveries and low penalty elements de-risks the project, despite the PEA's preliminary nature and a lower NPV/IRR compared to a previous study due to metal price assumptions.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Positive factor: High Recovery

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

- Negative factor: Inferred Resource

- Negative factor: PEA is preliminary and includes inferred mineral resources, considered too speculative in nature to be categorized as mineral reserves.

- Negative factor: TSF location adjacent to a local village and cemetery.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 106

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document announces the results of a new Preliminary Economic Assessment \(PEA\) which is based on an updated Mineral Resource Estimate, including a maiden resource for the Sipilou Sud Laterite Deposit.

Evidence · text

> Sama Resources Announces Results of its New Preliminary Economic Assessment for the Samapleu-Grata Nickel-Copper Project, Cote d'Ivoire

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The resource estimate is explicitly stated to be the basis for the 2024 Preliminary Economic Assessment.

Evidence · text

> The 2024 PEA is based on an updated Mineral Resource Estimate \(Table 6 and Table 7\)

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The reclassification of resources resulted in a 29% increase in indicated mineral resources over the 2023 Mineral Resource Statement.

Evidence · text

> That reclassification has resulted in an increase in indicated mineral resources to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement.

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: The total Indicated resource increased by 29% to 19.4 Mt compared to the previous estimate.

Evidence · text

> That reclassification has resulted in an increase in indicated mineral resources to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement.

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: A maiden mineral resource estimate was completed for the Sipilou Sud Laterite Deposit.

Evidence · text

> A maiden mineral resource estimate was also completed for the Sipilou Sud Laterite Deposit

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Multiple independent Qualified Persons are listed as responsible for preparing the 2024 PEA and updated Mineral Resource Statement.

Evidence · text

> The independent Qualified Persons responsible for preparing the 2024 PEA are: Todd McCracken, P. Geo. – BBA International Inc. Bahareh Asi, P. Eng. – BBA International Inc. Kevan Ford, M. Eng. – BBA International Inc. Jason Van Schie, P. Eng. – BBA International Inc. Chris Martin, C. Eng. – Independent Consultant Wilson Muir, P. Eng. – Knight Piésold Ltd.

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The technical report and resource estimate are prepared under National Instrument 43-101.

Evidence · text

> A technical report \(the “ Technical Report ”\) with respect to the Samapleu-Grata Nickel-Copper Project prepared under National Instrument 43-101

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The NSR cut-off of $16.34/t and Ni % grade cut-off of 1.10% are clearly stated for the resource estimates.

Evidence · table

> $16.34/t of mineralized material

Context: Indicated

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: A significant portion of the resource, including the maiden laterite resource, is classified as Inferred.

Evidence · table

> Inferred

Context: Main

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Copper recovery is reported at up to 91% for the Grata Deposit, which is strong for flotation.

Evidence · text

> yielded a 26% copper concentrate at up to 91% copper recovery for the Grata Deposit

**Pilot Scale Complete**

Polarity: positive

Definition: Pilot or demonstration plant testing completed under continuous operation.

Why it applies: The metallurgical testwork included multiple locked cycle tests, which are a strong indicator of process robustness.

Evidence · text

> A 46-test flotation development program was undertaken on the Main and Grata Deposits which included multiple locked cycle tests.

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: The flotation development program was undertaken on both the Main and Grata Deposits, indicating testing across different ore domains.

Evidence · text

> A 46-test flotation development program was undertaken on the Main and Grata Deposits

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The processing plant is designed to use crushing, grinding, and flotation circuits to produce concentrates.

Evidence · text

> The mineral processing plant would consist of a crushing, grinding, rougher flotation, and cleaner flotation circuit.

## Extracted facts

Stored fact records: 106. Some facts used in scoring do not have a stored record.

## Resource Estimates (106)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-0)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Ticker: SME

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits.

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 53.0%

Context: LOM Ni Recovery

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-1)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Ticker: SME

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM copper recovery of 85.5% is strong for a flotation process, indicating efficient extraction and contributing significantly to project economics.

- Positive factor: High Recovery

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 85.5%

Context: LOM Cu Recovery

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-2)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Ticker: SME

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM cobalt recovery of 44.8% is a reasonable byproduct recovery, contributing to overall project value.

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 44.8%

Context: LOM Co Recovery

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-3)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Ticker: SME

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM platinum recovery of 54.0% adds to the project's polymetallic value, achieved through the conventional flotation process.

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 54.0%

Context: LOM Pt Recovery

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-4)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Ticker: SME

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM palladium recovery of 50.3% contributes to the project's byproduct credits, demonstrating the polymetallic nature of the deposit.

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 50.3%

Context: LOM Pd Recovery

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-5)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Ticker: SME

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM gold recovery of 51.0% provides additional byproduct value, although gold is a minor component of the overall project.

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 51.0%

Context: LOM Au Recovery

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-6)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.26
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 15.25 Mt at 0.26% Ni for the Main deposit contributes significantly to the project's economic viability, with good confidence.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.26

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-7)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.22
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 15.25 Mt at 0.22% Cu for the Main deposit provides substantial copper credits, enhancing the project's polymetallic nature.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.22

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-8)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 15.25 Mt at 0.10 g/t Pt for the Main deposit adds to the project's byproduct potential.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.10

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-9)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.31
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 15.25 Mt at 0.31 g/t Pd for the Main deposit further enhances the project's byproduct value.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.31

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-10)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 15.25 Mt at 0.04 g/t Au for the Main deposit provides minor gold credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.04

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-11)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 15.25 Mt at 0.02% Co for the Main deposit contributes to the project's overall value as a byproduct.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.02

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-12)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.25
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 0.51 Mt at 0.25% Ni for the Extension deposit adds to the overall resource base.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.25

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-13)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.16
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 0.51 Mt at 0.16% Cu for the Extension deposit contributes to the project's copper inventory.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.16

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-14)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 0.51 Mt at 0.10 g/t Pt for the Extension deposit adds minor platinum credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.10

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-15)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.45
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 0.51 Mt at 0.45 g/t Pd for the Extension deposit provides notable palladium credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.45

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-16)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.02
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 0.51 Mt at 0.02 g/t Au for the Extension deposit offers minor gold credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.02

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-17)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 0.51 Mt at 0.02% Co for the Extension deposit provides minor cobalt credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.02

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-18)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.28
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 3.65 Mt at 0.28% Ni for the Grata deposit is a significant component of the overall resource, with good confidence.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.28

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-19)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.29
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 3.65 Mt at 0.29% Cu for the Grata deposit is a strong copper grade, enhancing the project's economic potential.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.29

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-20)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.11
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 3.65 Mt at 0.11 g/t Pt for the Grata deposit contributes to the project's byproduct credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.11

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-21)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.32
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 3.65 Mt at 0.32 g/t Pd for the Grata deposit provides valuable palladium credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.32

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-22)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 3.65 Mt at 0.04 g/t Au for the Grata deposit offers minor gold credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.04

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-23)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Indicated resource of 3.65 Mt at 0.02% Co for the Grata deposit provides minor cobalt credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.02

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-24)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.26
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Indicated resource of 19.41 Mt at 0.26% Ni represents a significant increase over the previous estimate, enhancing project confidence.

- Positive factor: Indicated Resource

- Positive factor: Tonnage Growth

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.26

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-25)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.23
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Indicated resource of 19.41 Mt at 0.23% Cu provides a strong copper component to the updated resource.

- Positive factor: Indicated Resource

- Positive factor: Tonnage Growth

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.23

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-26)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Indicated resource of 19.41 Mt at 0.10 g/t Pt contributes to the project's overall byproduct value.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.10

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-27)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.32
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Indicated resource of 19.41 Mt at 0.32 g/t Pd provides significant palladium credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.32

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-28)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Indicated resource of 19.41 Mt at 0.04 g/t Au offers minor gold credits.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.04

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-29)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Indicated resource of 19.41 Mt at 0.02% Co contributes to the project's overall byproduct value.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.02

Context: 19,407,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-30)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.25
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 21.34 Mt at 0.25% Ni for the Main deposit provides future exploration upside but has lower confidence.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.25

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-31)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.21
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 21.34 Mt at 0.21% Cu for the Main deposit adds to the project's copper potential but requires further drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.21

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-32)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.07
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 21.34 Mt at 0.07 g/t Pt for the Main deposit provides minor platinum credits with lower confidence.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.07

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-33)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.28
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 21.34 Mt at 0.28 g/t Pd for the Main deposit offers potential palladium credits, subject to further drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.28

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-34)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 21.34 Mt at 0.04 g/t Au for the Main deposit provides minor gold credits with lower confidence.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.04

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-35)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 21.34 Mt at 0.02% Co for the Main deposit contributes to byproduct potential, subject to further drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.02

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-36)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.28
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 10.89 Mt at 0.28% Ni for the Extension deposit adds to the project's nickel potential, requiring further definition.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.28

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-37)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.22
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 10.89 Mt at 0.22% Cu for the Extension deposit contributes to copper potential, subject to additional drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.22

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-38)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 10.89 Mt at 0.10 g/t Pt for the Extension deposit provides minor platinum credits with lower confidence.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.10

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-39)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.48
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 10.89 Mt at 0.48 g/t Pd for the Extension deposit offers good palladium potential, subject to further drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.48

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-40)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.02
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 10.89 Mt at 0.02 g/t Au for the Extension deposit provides minor gold credits with lower confidence.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.02

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-41)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 10.89 Mt at 0.02% Co for the Extension deposit contributes to byproduct potential, subject to further drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.02

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-42)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.24
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 67.27 Mt at 0.24% Ni for the Grata deposit is a substantial inferred tonnage, providing significant future growth potential.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.24

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-43)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.25
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 67.27 Mt at 0.25% Cu for the Grata deposit adds significant copper potential, subject to further drilling and upgrade.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.25

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-44)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 67.27 Mt at 0.10 g/t Pt for the Grata deposit provides byproduct platinum potential, requiring further definition.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.10

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-45)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.26
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 67.27 Mt at 0.26 g/t Pd for the Grata deposit offers byproduct palladium potential, subject to further drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.26

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-46)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 67.27 Mt at 0.04 g/t Au for the Grata deposit provides minor gold credits with lower confidence.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.04

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-47)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.01
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Inferred resource of 67.27 Mt at 0.01% Co for the Grata deposit contributes to byproduct potential, subject to further drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.01

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-48)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.25
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Inferred resource of 99.50 Mt at 0.25% Ni represents significant future growth potential, but requires further drilling to upgrade confidence.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.25

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-49)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.23
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Inferred resource of 99.50 Mt at 0.23% Cu provides substantial copper potential, subject to further drilling and upgrade.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.23

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-50)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.09
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Inferred resource of 99.50 Mt at 0.09 g/t Pt contributes to byproduct platinum potential, requiring further definition.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.09

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-51)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.29
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Inferred resource of 99.50 Mt at 0.29 g/t Pd offers byproduct palladium potential, subject to further drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.29

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-52)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Inferred resource of 99.50 Mt at 0.04 g/t Au provides minor gold credits with lower confidence.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.04

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-53)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.01
- Grade Unit: %
- Cutoff Grade: 16.34

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Total Inferred resource of 99.50 Mt at 0.01% Co contributes to byproduct potential, subject to further drilling.

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.01

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-54)

Sipilou Sud Laterite Deposit · nickel

#### Identity

- Project: Sipilou Sud Laterite Deposit
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 2095000
- Grade: 1.75
- Grade Unit: %
- Cutoff Grade: 1.1

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Maiden Inferred resource of 2.10 Mt at 1.75% Ni for the Sipilou Sud Laterite deposit represents a new, high-grade nickel component for the project, adding significant value.

- Positive factor: Maiden Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 1.75

Context: 2,095,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-55)

Sipilou Sud Laterite Deposit · cobalt

#### Identity

- Project: Sipilou Sud Laterite Deposit
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 2095000
- Grade: 0.05
- Grade Unit: %
- Cutoff Grade: 1.1

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: Maiden Inferred resource of 2.10 Mt at 0.05% Co for the Sipilou Sud Laterite deposit provides valuable cobalt credits for this new resource.

- Positive factor: Maiden Resource

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 0.05

Context: 2,095,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-56)

Extension and Grata · nickel

#### Identity

- Project: Extension and Grata
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.26
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.26

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-57)

Extension and Grata · copper

#### Identity

- Project: Extension and Grata
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.22
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.22

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-58)

Extension and Grata · platinum

#### Identity

- Project: Extension and Grata
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.10

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-59)

Extension and Grata · palladium

#### Identity

- Project: Extension and Grata
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.31
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.31

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-60)

Extension and Grata · gold

#### Identity

- Project: Extension and Grata
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.04
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.04

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-61)

Extension and Grata · cobalt

#### Identity

- Project: Extension and Grata
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.02
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.02

Context: 15,248,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-62)

Extension and Grata · nickel

#### Identity

- Project: Extension and Grata
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.25
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.25

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-63)

Extension and Grata · copper

#### Identity

- Project: Extension and Grata
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.16
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.16

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-64)

Extension and Grata · platinum

#### Identity

- Project: Extension and Grata
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.10

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-65)

Extension and Grata · palladium

#### Identity

- Project: Extension and Grata
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.45
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.45

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-66)

Extension and Grata · gold

#### Identity

- Project: Extension and Grata
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.02
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.02

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-67)

Extension and Grata · cobalt

#### Identity

- Project: Extension and Grata
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.02
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.02

Context: 514,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-68)

Extension and Grata · nickel

#### Identity

- Project: Extension and Grata
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.28
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.28

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-69)

Extension and Grata · copper

#### Identity

- Project: Extension and Grata
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.29
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.29

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-70)

Extension and Grata · platinum

#### Identity

- Project: Extension and Grata
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.11
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.11

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-71)

Extension and Grata · palladium

#### Identity

- Project: Extension and Grata
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.32
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.32

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-72)

Extension and Grata · gold

#### Identity

- Project: Extension and Grata
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.04
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.04

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-73)

Extension and Grata · cobalt

#### Identity

- Project: Extension and Grata
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.02
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.02

Context: 3,645,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-74)

Extension and Grata · nickel

#### Identity

- Project: Extension and Grata
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.26
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.26

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-75)

Extension and Grata · copper

#### Identity

- Project: Extension and Grata
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.23
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.23

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-76)

Extension and Grata · platinum

#### Identity

- Project: Extension and Grata
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.10

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-77)

Extension and Grata · palladium

#### Identity

- Project: Extension and Grata
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.32
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.32

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-78)

Extension and Grata · gold

#### Identity

- Project: Extension and Grata
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.04
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.04

Context: 19,407,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-79)

Extension and Grata · cobalt

#### Identity

- Project: Extension and Grata
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.02
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.02

Context: 19,407,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-80)

Extension and Grata · nickel

#### Identity

- Project: Extension and Grata
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.25
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.25

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-81)

Extension and Grata · copper

#### Identity

- Project: Extension and Grata
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.21
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.21

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-82)

Extension and Grata · platinum

#### Identity

- Project: Extension and Grata
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.07
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.07

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-83)

Extension and Grata · palladium

#### Identity

- Project: Extension and Grata
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.28
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.28

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-84)

Extension and Grata · gold

#### Identity

- Project: Extension and Grata
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.04
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.04

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-85)

Extension and Grata · cobalt

#### Identity

- Project: Extension and Grata
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.02
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.02

Context: 21,342,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-86)

Extension and Grata · nickel

#### Identity

- Project: Extension and Grata
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.28
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.28

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-87)

Extension and Grata · copper

#### Identity

- Project: Extension and Grata
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.22
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.22

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-88)

Extension and Grata · platinum

#### Identity

- Project: Extension and Grata
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.10

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-89)

Extension and Grata · palladium

#### Identity

- Project: Extension and Grata
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.48
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.48

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-90)

Extension and Grata · gold

#### Identity

- Project: Extension and Grata
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.02
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.02

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-91)

Extension and Grata · cobalt

#### Identity

- Project: Extension and Grata
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.02
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.02

Context: 10,885,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-92)

Extension and Grata · nickel

#### Identity

- Project: Extension and Grata
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.24
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.24

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-93)

Extension and Grata · copper

#### Identity

- Project: Extension and Grata
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.25
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.25

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-94)

Extension and Grata · platinum

#### Identity

- Project: Extension and Grata
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.10

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-95)

Extension and Grata · palladium

#### Identity

- Project: Extension and Grata
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.26
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.26

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-96)

Extension and Grata · gold

#### Identity

- Project: Extension and Grata
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.04
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.04

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-97)

Extension and Grata · cobalt

#### Identity

- Project: Extension and Grata
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.01
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.01

Context: 67,272,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-98)

Extension and Grata · nickel

#### Identity

- Project: Extension and Grata
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.25
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.25

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-99)

Extension and Grata · copper

#### Identity

- Project: Extension and Grata
- Commodity: copper
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.23
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.23

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-100)

Extension and Grata · platinum

#### Identity

- Project: Extension and Grata
- Commodity: platinum
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.09
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.09

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-101)

Extension and Grata · palladium

#### Identity

- Project: Extension and Grata
- Commodity: palladium
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.29
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.29

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-102)

Extension and Grata · gold

#### Identity

- Project: Extension and Grata
- Commodity: gold
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.04
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.04

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-103)

Extension and Grata · cobalt

#### Identity

- Project: Extension and Grata
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.01
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.01

Context: 99,499,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-104)

Maiden Mineral Resource Estimate for the Sipilou Sud Laterite · nickel

#### Identity

- Project: Maiden Mineral Resource Estimate for the Sipilou Sud Laterite
- Commodity: nickel
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 2095000
- Grade: 1.75
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 1.75

Context: 2,095,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--c92daecb-3546-4d96-b9a9-c245aaf68fb7#fact-resource-facts-105)

Maiden Mineral Resource Estimate for the Sipilou Sud Laterite · cobalt

#### Identity

- Project: Maiden Mineral Resource Estimate for the Sipilou Sud Laterite
- Commodity: cobalt
- Ticker: SME

#### Resource Data

- Category: inferred
- Tonnes: 2095000
- Grade: 0.05
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-03-21T00:00:00.000Z

Reasoning: The LOM nickel recovery of 53.0% is a key metric for the project's economics, achieved through a conventional flotation process and confirmed by locked-cycle tests across multiple deposits. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Pilot Scale Complete

- Positive factor: Multi-Domain Tested

Evidence · table

> 0.05

Context: 2,095,000

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
