Sama Resources Doubles Mineral Resources at the Samapleu-Grata Nickel-Copper Deposits in Cote d'Ivoire, West Africa

Original announcement by tmx on

Company
Sama Resources Inc.
Ticker
SME
Exchange
TSX
Region
Cote d'Ivoire
Primary commodity
Nickel
Secondary commodities
Copper, Cobalt, Palladium, Platinum
Document categories
Resource update, Metallurgy
Extracted
2026-08-24 11:16:06 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Sama Resources has significantly expanded its Samapleu-Grata nickel-copper project in Côte d'Ivoire, doubling its mineral resources to 117 million tonnes combined. The update includes updated Inferred and Indicated resource estimates and highlights promising metallurgical recovery results for copper and nickel.

Reasoning: The announcement reports a doubling of mineral resources through the addition of the Grata deposit, supported by strong metallurgical test results and clear reporting standards.

Positive factors

  • Significant tonnage growth (doubled resources)
  • Strong metallurgical recoveries reported
  • Expansion of resource footprint via Grata mineralization
  • QP/CP sign-off provided

Facts used in scoring: 12

Classification and evidence

Tonnage Growthpositive

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

Why it applies: The addition of Grata mineralization doubled the mineral resources compared with the 2020 PEA.

Evidence · text

“The addition of the Grata mineralization doubled the mineral resources compared with the 2020 PEA”

QP/CP Signedpositive

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: Todd McCracken, P.Geo. and Dr. Marc-Antoine Audet, Ph.D. Geology, P.Geo. are named as Qualified Persons.

Evidence · text

“reviewed and approved by Todd McCracken, P.Geo., Director – Mining & Geology – Central Canada, BBA International Inc., the qualified person (QP) and Dr. Marc-Antoine Audet, Ph.D. Geology, P.Geo. and President and CEO of Sama, the qualified person (QP)”

High Recoverypositive

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

Why it applies: Copper recovery up to 88% is within the strong/exceptional band for flotation.

Evidence · text

“copper flotation is yielding 83-88% Cu recovery”

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Resource Estimates (12)

inferrednickelTonnes: 101900000Grade: 0.25Grade Unit: %Contained Metal: 558600000Contained Unit: lbsView all details
Link to this fact

Identity

Commodity
nickel
Ticker
SME

Resource Data

Category
inferred
Tonnes
101900000
Grade
0.25
Grade Unit
%
Contained Metal
558600000
Contained Unit
lbs

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Large inferred resource component contributing to project scale.

Positive factors

  • Large tonnage scale

Evidence · text

“Inferred Resources total 101.9 million tonnes (“ Mt ”) averaging 0.25% Ni for 558.6 million pounds (“ Mlbs ”) of Ni metal”
inferredcopperTonnes: 101900000Grade: 0.23Grade Unit: %Contained Metal: 526800000Contained Unit: lbsView all details
Link to this fact

Identity

Commodity
copper
Ticker
SME

Resource Data

Category
inferred
Tonnes
101900000
Grade
0.23
Grade Unit
%
Contained Metal
526800000
Contained Unit
lbs

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Significant copper metal content in the inferred resource.

Evidence · text

“0.23% Cu for 526.8 Mlbs of Cu metal”
inferredcobaltTonnes: 101900000Grade: 0.01Grade Unit: %Contained Metal: 33400000Contained Unit: lbsView all details
Link to this fact

Identity

Commodity
cobalt
Ticker
SME

Resource Data

Category
inferred
Tonnes
101900000
Grade
0.01
Grade Unit
%
Contained Metal
33400000
Contained Unit
lbs

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Trace cobalt content.

Evidence · text

“0.01% Co for 33.4 Mlbs of cobalt (“ Co ”) metal”
inferredpalladiumTonnes: 101900000Grade: 0.29Grade Unit: g/tContained Metal: 939400Contained Unit: ozView all details
Link to this fact

Identity

Commodity
palladium
Ticker
SME

Resource Data

Category
inferred
Tonnes
101900000
Grade
0.29
Grade Unit
g/t
Contained Metal
939400
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Valuable PGE byproduct.

Evidence · text

“0.29 g/t Pd for 939,400 ounces of palladium”
inferredplatinumTonnes: 101900000Grade: 0.1Grade Unit: g/tContained Metal: 311400Contained Unit: ozView all details
Link to this fact

Identity

Commodity
platinum
Ticker
SME

Resource Data

Category
inferred
Tonnes
101900000
Grade
0.1
Grade Unit
g/t
Contained Metal
311400
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Valuable PGE byproduct.

Evidence · text

“0.1 g/t Pt for 311,400 ounces of platinum”
indicatednickelTonnes: 14990000Grade: 0.25Grade Unit: %Contained Metal: 81600000Contained Unit: lbsView all details
Link to this fact

Identity

Commodity
nickel
Ticker
SME

Resource Data

Category
indicated
Tonnes
14990000
Grade
0.25
Grade Unit
%
Contained Metal
81600000
Contained Unit
lbs

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Solid indicated resource base.

Evidence · text

“combined Indicated Resources total 14.99 Mt averaging 0.25% Ni for 81.6 Mlbs of Ni metal”
indicatedcopperTonnes: 14990000Grade: 0.22Grade Unit: %Contained Metal: 72900000Contained Unit: lbsView all details
Link to this fact

Identity

Commodity
copper
Ticker
SME

Resource Data

Category
indicated
Tonnes
14990000
Grade
0.22
Grade Unit
%
Contained Metal
72900000
Contained Unit
lbs

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Significant copper metal content in indicated resource.

Evidence · text

“0.22% Cu for 72.9 Mlbs of Cu metal”
indicatedcobaltTonnes: 14990000Grade: 0.02Grade Unit: %Contained Metal: 5500000Contained Unit: lbsView all details
Link to this fact

Identity

Commodity
cobalt
Ticker
SME

Resource Data

Category
indicated
Tonnes
14990000
Grade
0.02
Grade Unit
%
Contained Metal
5500000
Contained Unit
lbs

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Trace cobalt content.

Evidence · text

“0.02% Co for 5.5 Mlbs of Co metal”
indicatedpalladiumTonnes: 14990000Grade: 0.31Grade Unit: g/tContained Metal: 149400Contained Unit: ozView all details
Link to this fact

Identity

Commodity
palladium
Ticker
SME

Resource Data

Category
indicated
Tonnes
14990000
Grade
0.31
Grade Unit
g/t
Contained Metal
149400
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Valuable PGE byproduct.

Evidence · text

“0.31 g/t Pd for 149,400 ounces of Pd”
indicatedplatinumTonnes: 14990000Grade: 0.1Grade Unit: g/tContained Metal: 49500Contained Unit: ozView all details
Link to this fact

Identity

Commodity
platinum
Ticker
SME

Resource Data

Category
indicated
Tonnes
14990000
Grade
0.1
Grade Unit
g/t
Contained Metal
49500
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Valuable PGE byproduct.

Evidence · text

“0.1 g/t Pt for 49,500 ounces of Pt”
Fact 11copperView all details
Link to this fact

Identity

Commodity
copper
Ticker
SME

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Strong copper recovery reported from flotation test work.

Positive factors

  • High recovery

Evidence · text

“copper flotation is yielding 83-88% Cu recovery”
Fact 12nickelView all details
Link to this fact

Identity

Commodity
nickel
Ticker
SME

Review

Needs Review
No
Historical
No

Dates

Event date
2023-06-27T00:00:00.000Z

Reasoning: Good nickel recovery reported from flotation test work.

Positive factors

  • Solid recovery

Evidence · text

“Ni flotation yielding 67-72% Ni recovery”

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.