- CEO
- Marc-Antoine Audet
- Full Time Employees
- 66
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 1320 Graham, suite 132 Ville Mont-Royal QC Canada H3P 3C8
- IPO Date
- Feb 7, 2007
- Business
- Sama Resources Inc. is a Canada-based mineral exploration and development company focused on the exploration and development of nickel, copper, cobalt, and platinum group elements (PGE) deposits. The company’s core asset is the Samapleu Nickel-Copper Project located in Côte d’Ivoire, West Africa, where it explores and advances nickel-copper and PGE mineralization. Sama’s portfolio includes interests in multiple exploration permits covering approximately 835 square kilometers in West Africa, with significant nickel-cobalt laterite deposits and newly discovered massive chromite occurrences. The company also holds exploration assets in Canada. Sama’s activities encompass exploration drilling, metallurgical testing, and advancing preliminary economic assessments to support the development of open-pit mining operations producing high-grade nickel and copper concentrates.
A key recent development is Sama’s joint venture arrangement with Ivanhoe Electric, in which Ivanhoe has acquired a 60% interest in the Samapleu-Grata Nickel-Copper Project, with Sama retaining a 40% stake. Ivanhoe Electric additionally holds 22.7% of Sama’s common shares. The 2024 Preliminary Economic Assessment detailed the project’s strong potential with average annual production projections of approximately 38,627 tonnes of copper concentrate (at 26% copper grade) and 55,119 tonnes of nickel concentrate (at 13% nickel grade). The company continues to advance its 2025 exploration program, targeting new polymetallic mineralization zones within the project area.
In 2023 and 2024, Sama completed multiple milestone activities including the filing of National Instrument 43-101 technical reports, engagement of a market maker to support its public market liquidity, and the spinout of its Quebec nickel subsidiary, SRQ Resources. Sama also awarded drilling contracts and reported high metallurgical copper and nickel recovery rates, supporting the technical and economic feasibility of its projects. The company’s principal office is based in Montreal, Quebec, Canada, and it operates primarily in West Africa with a strategic focus on growing a new base metal camp in Côte d’Ivoire. Sama Resources was founded in 2013 and positions itself as a growth-oriented resource company leveraging experienced industry professionals to develop and exploit key nickel-copper-PGE assets.
Overall, Sama Resources Inc. operates within the mining and exploration industry as a specialized developer of nickel and copper resources, with expanding partnerships and technical progress driving its strategic growth in West Africa’s emerging nickel-copper district. Its recent alliance with Ivanhoe Electric and ongoing exploration programs underscore its commitment to advancing high-value polymetallic mining projects.