Sama Resources Announces Results of Drilling and AirMag Survey at its Samapleu Project in Cote d'Ivoire, West Africa

Sama Resources Inc. (TSX VENTURE:SME) - 

Highlights:



--  8 additional boreholes drilled at the Samapleu Extension 1 nickel-copper
    deposit increase by 200 metres the strike length of the mineralized body
    defined to date. 
--  1 additional hole drilled at the Samapleu Main nickel-copper deposit
    intercepts mineralization at depth, opening mineralization to the
    southwest. 
--  Massive Chromite layers intercepted at depth in the Bounta North sector.
--  Airborne geophysical magnetometer and radiometric survey returns
    numerous targets for follow-up. 
--  Sama acquires a Coretech CSD 1300G drill rig. 



Sama Resources Inc. ("Sama" or the "Company") is pleased to provide an update on
its summer exploration activities at its Samapleu Project in Cote d'Ivoire.


Samapleu Nickel-copper Deposits, Cote d'Ivoire

Eight additional core boreholes for 1,105 metres ("m") and 1 core borehole for
354 m have been drilled at the "Samapleu Extension 1 Deposit" and at the
"Samapleu Main Deposit" (collectively, the "Samapleu Deposits"), respectively.
The Samapleu Extension 1 Deposit is located 1.3 kilometres ("km") north of the
Samapleu Main Deposit.


These boreholes were designed to test the mineralization potential in the
northeast and the southwest areas of the Samapleu Extension 1 Deposit and to
test the presence of mineralization at depth at the Samapleu Main Deposit.


Samapleu Extension 1 Deposit

Six out of the 8 holes drilled since May 2012 returned sulphide-rich
mineralization composed of pyrrhotite, chalcopyrite and pentlandite within
pyroxenite and peridotite facies, thus extending the mineralized zone from a 200
m long strike, as defined in Sama's Technical Report dated July 20, 2012 (see
Sama's News Release dated June 21, 2012), to up to 400 m and remains open on
both ends and at depth. In August, the Company will drill 4 new core boreholes
along the interpreted southwest strike to test the presence of mineralization
near surface over a total length of approximately 1.2 km. See Table 1 below for
a summary of this round of drill results.


Samapleu Main Deposit

Borehole SM44-684210 drilled at the Samapleu Main Deposit returned 52 m of
pyroxenite and gabbro from 295 m to 347 m. Specific intervals show 20 to 30%
disseminated sulphide. See Table 1 below for a summary of this round of drill
results.




Table 1: Visual estimates of mineral intercepts for 9 holes drilled at the  
 Samapleu Deposits.                                                         
                                                                            
HOLE-ID                             FROM          TO      LENGTH    SULPHIDE
Samapleu Main Deposit                  m           m           m           %
SM44-684210                       272.00      275.00        3.00    5 to 40%
                                  295.00      347.00       52.00    3 to 30%
                   including      296.20      297.70        1.50   20 to 30%
                   including      300.60      306.80        6.20   20 to 30%
                                                                            
Samapleu Extension 1 Deposit                                                
SM25-080542                        20.70       60.05       39.35    3 to 30%
                   including       41.30       47.00        5.70   20 to 30%
                                   66.05      159.00       92.95    3 to 30%
                   including       83.85       84.30        0.45   20 to 30%
                   including       86.50       86.75        0.25   20 to 30%
                   including      119.80      121.75        1.95   20 to 30%
SM25-039587                        32.60       77.50       44.90    3 to 50%
                   including       41.80       42.37        0.57   20 to 30%
                   including       47.10       47.53        0.43   20 to 30%
                   including       60.80       61.15        0.35   20 to 30%
                   including       62.25       62.60        0.35   40 to 50%
SM24-603758                        19.10      139.80      120.70    3 to 30%
                   including       89.10       89.90        0.80   20 to 30%
                   including      124.20      126.00        1.80   20 to 30%
SM24-572790                        16.40      144.00      127.60    3 to 10%
SM34-603026                        41.20      153.00      111.80    3 to 50%
                   including       42.20       47.60        5.40   15 to 20%
                   including       60.40       60.80        0.40   40 to 50%
                   including       64.70       65.00        0.30   30 to 40%
                   including       76.50       77.60        1.10   15 to 20%
SM25-004552                          nil                                    
SM25-045506                          nil                                    
SM34-098537                        13.90      123.00      109.10    3 to 30%
                   including       21.80       22.20        0.40   20 to 30%



Metallurgical testing using 100 kilograms of mineralized material from the
Samapleu Deposits is currently ongoing at the Centre de Technologie des Minerale
et de Plasturgie Inc. of Thetford Mines, Quebec. Proposed upgrading to flotation
processes are tested using mineralized material grading 0.25% nickel and 0.23%
copper.


Drilling was performed by Global Exploration Services SARL of Abidjan, Cote
d'Ivoire. Core logging and sampling were performed at Sama's facility in
Yorodougou village. Sample preparations for the nickel-copper exploration
program were performed at Societe de Developpement de Gouessesso's sample
preparation facility in Gouessesso village under Sama's supervision. Sample
pulps were delivered to Bureau Veritas Mineral Laboratory's facility in Abidjan,
Cote d'Ivoire ("BVML"), and then dispatched by BVML directly to their assay
laboratory, Ultra Trace Pty, in Perth, Australia. All samples are assayed for
nickel, copper, cobalt, iron, sulphur, platinum, palladium, rhodium and gold
using sodium peroxide fusion and determined by inductively coupled plasma
optical emission spectrometry.


Massive Chromite Occurrences at Bounta North

Six boreholes for a total of 675 m were drilled at the Massive Chromite
occurrences in the Bounta North sector. Two boreholes intercepted Massive
Chromite layers at depth. All boreholes were drilled at an incline of -50 or -60
degrees. All contacts between Massive Chromite intercepts and host rocks are
faulted within the dunite unit. Surface geological mapping suggests the dunite,
pyroxenite and gabbro assemblage appears to be part of an ultramafic layered
complex of at least 300 m wide, with a possible strike length of several km. A
handheld Niton XRF portable analyzer returned between 45 to 50% Cr2O3 on the
Massive Chromite occurrences. True thicknesses for these Massive Chromite layers
are not known yet. See Table 1 below for a summary of this round of drill
results.


The area is structurally complex with highly fractured rock making it difficult
to interpret geological continuity for the intersected Massive Chromite layer.
Detailed surface geophysics will be performed as a guide for future drilling.


To date, no drilling has been done at the Bounta South Massive Chromite
occurrences, located 10 km southwest of Bounta North, where more continuous and
thicker chromite layers have been outlined at surface. Drilling at Bounta South
will be performed later this year following the construction of a bridge to gain
access to the area. 




Table 2: Geological succession for the 6 holes drilled at the Bounta North  
 area.                                                                      
                                                                            
                    End    FROM      TO  LENGTH                             
HOLE-ID               m       m       m       m  FACIES                     
BN23-129211         132    0.00   33.10   33.10  Weathered material         
                          33.10  132.00   98.90  Dunite/Gabbro/Fault zones  
                                                                            
BN23-026030         111    0.00   62.80   62.80  Weathered material         
                          62.80   87.00   24.20  Dunite/Gabbro/Fault zones  
                                                                            
BN22-755136         125    0.00   61.00   61.00  Weathered material         
                          61.00  120.00   59.00  Dunite/Gabbro/Fault zones  
                         108.40  112.40    4.00  Massive Chromites          
                                                                            
BN22-694042         100    0.00   45.00   45.00  Weathered material         
                          45.00  120.00   75.00  Dunite/Gabbro/Fault zones  
                          79.00   79.60    0.60  Massive Chromites          
                                                                            
BN23-026030B        120    0.00   65.00   65.00  Weathered material         
                          65.00  120.00   55.00  Dunite/Gabbro/Fault zones  
                                                                            
BN23-095109          87    0.00   76.00   76.00  Weathered material         
                          76.00   87.00   11.00  Dunite                     



An updated compilation of details of showings, deposits and locations may be
viewed on Sama's website at
http://www.samaresources.com/i/pdf/Sama_Corporate_Presentation.pdf.


Geophysical Results from the Airborne Magnetometer and Radiometric Survey

Sama has interpreted the airborne magnetic and radiometric survey flown over the
Samapleu Deposits and part of Sama's Lola Project in Guinea and completed in May
2012 (the "Survey"). The Survey, conducted by Xcalibur Airborne Geophysics of
South Africa, outlines numerous targets for detailed follow-up. The quality of
the Survey permitted the interpretation of important structural features,
coupled with major magnetic highs, suggesting intrusive bodies with deeper roots
of more magnetic material at depth that could possibly indicate frozen source
magma chambers.


The following relationships between the Samapleu Main Deposit and interpreted
features which can be used as guidelines for finding similar occurrences are
noted as follows:




1.  the Samapleu Main Deposit lies in the nose of a relatively tight and
    faulted fold structure with northeast-southwest fold axes; and
      
2.  it is located on or immediately adjacent to a major thrust structure
    with intersecting east-west oriented faults deforming the intrusive
    body. 



A total of 7 main target types have been outlined based on magnetic and
radiometric characteristics in relation to the interpreted structural
deformation, generating a large number of target areas for further
investigation, field verification and follow-up. Field verification is ongoing
both at the Lola Project in Guinea and the Samapleu Project in Cote d'Ivoire.


New Drill Rig

The Company has recently acquired a Coreteck CSR1300G core drill rig capable of
drilling down to 700 m. This drill rig is the same model of rig that Sama has
used at the Samapleu Project since 2010. The new rig is expected to be delivered
by the end of September and will be used for in-fill drilling at both Samapleu
Deposits and for regional exploration.


The reader is invited to view Sama's Technical Report dated July 20, 2012,
prepared in accordance with National Instrument 43-101, Standards of Disclosure
for Mineral Projects ("NI 43-101"), at
http://www.samaresources.com/i/pdf/43_101_Technical_Report.pdf.


The Samapleu Project in Cote d'Ivoire is currently in its exploration phase.
Future production will be managed by a joint venture controlled 66 2/3% by Sama
Nickel Corporation, a wholly-owned subsidiary of the Company, and 33 1/3% by
SODEMI. 


The exploration and drill program at Sama's Samapleu Deposits was designed by
Dr. Marc-Antoine Audet, P.Geo and President and CEO of Sama. The technical
information in this release has been reviewed and approved by Dr. Marc-Antoine
Audet, P.Geo, President and CEO of Sama and a 'qualified person', as defined by
NI 43101.


Forward-Looking Statements

Certain of the statements made and information contained herein are
"forward-looking statements" within the meaning of Canadian securities
legislation or "forward-looking information" within the meaning of the Ontario
Securities Act and the Securities Act (British Columbia). This includes
statements concerning the Company's plans at its mineral properties, which
involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the Company, or industry
results, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements or
forward-looking information. Information regarding drilling results may also be
deemed to be forward-looking statements or forward-looking information in that
they reflect a prediction of what may be found to be present when and if a
project is actually developed.


Forward-looking statements and forward-looking information are subject to a
variety of risks and uncertainties which could cause actual events or results to
differ from those reflected in the forward-looking statements or forward-looking
information, including, without limitation, the availability of financing for
activities, risks and uncertainties relating to the interpretation of drill
results, the geology, grade and continuity of mineral deposits, the possibility
that future exploration, development or mining results will not be consistent
with the Company's expectations, metal price fluctuations, environmental and
regulatory requirements, availability of permits, escalating costs of
remediation and mitigation, risk of title loss, the effects of accidents,
equipment breakdowns, labour disputes or other unanticipated difficulties with
or interruptions in exploration or development, the potential for delays in
exploration or development activities, the inherent uncertainty of cost
estimates and the potential for unexpected costs and expenses, commodity price
fluctuations, currency fluctuations, expectations and beliefs of management and
other risks and uncertainties.


In addition, forward-looking statements and forward-looking information is based
on various assumptions. Should one or more of these risks and uncertainties
materialize, or should underlying assumptions prove incorrect, actual results
may vary materially from those described in forward-looking information or
forward-looking statements. Accordingly, readers are advised not to place undue
reliance on forward-looking statements or forward-looking information. Except as
required under applicable securities legislation, the Company undertakes no
obligation to publicly update or revise forward-looking statements or
forward-looking information, whether as a result of new information, future
events or otherwise.