# 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-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c

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, Platinum, Palladium, Gold, Cobalt

- Document categories: Resource update, Economic study, Metallurgy

- Extracted: 2026-09-16 23:17:12 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Sama Resources announced a new Preliminary Economic Assessment \(PEA\) for its Samapleu-Grata Nickel-Copper Project in Côte d’Ivoire, West Africa. The PEA outlines a 16.1-year open-pit operation with a post-tax NPV of US$257 million and an IRR of 22.3%, based on a conventional flotation flowsheet producing nickel and copper concentrates. The study incorporates an updated Mineral Resource Estimate, which includes a 29% increase in Indicated resources and a maiden Inferred resource for the Sipilou Sud Laterite Deposit. Metallurgical testwork confirmed high recoveries for nickel and copper, with concentrates expected to be clean and saleable.

Reasoning: Sama Resources announced a new Preliminary Economic Assessment for its Samapleu-Grata Nickel-Copper Project, demonstrating positive economics with a post-tax IRR of 22.3% and a 3.8-year payback. The study is supported by an updated Mineral Resource Estimate showing a 29% increase in Indicated resources and a maiden resource for the Sipilou Sud Laterite Deposit, along with confirmed conventional flotation metallurgy achieving high recoveries. However, the study is preliminary, relies on inferred resources, and reports lower NPV/IRR compared to a prior PEA due to nickel price assumptions. Disclosure on price deck benchmarks and full sensitivity analysis is also limited.

- Positive factor: New PEA demonstrates positive economics with strong IRR and fast payback.

- Positive factor: Updated MRE shows significant increase in Indicated resources and a new deposit.

- Positive factor: Metallurgical testwork confirms robust conventional flowsheet with high recoveries and clean concentrates.

- Positive factor: Project has long mine life and low capital intensity compared to peers.

- Negative factor: PEA is preliminary and includes a significant portion of inferred resources.

- Negative factor: NPV and IRR are lower than the prior 2020 PEA, primarily due to lower nickel prices.

- Negative factor: Study lacks detailed disclosure on price deck benchmarks and full sensitivity analysis.

- Negative factor: TSF type is undisclosed, which can be a risk factor.

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

Facts used in scoring: 107

## Classification and evidence

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: A current resource fact retains the disclosed cut-off grade

**Resource Update**

Polarity: neutral

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

Why it applies: The source explicitly discloses a revised resource estimate

Evidence · text

> updated mineral resource

**Mill Route**

Polarity: neutral

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

Why it applies: the document describes a mill\_cil route \("concentrator"\)

**Multi-Domain Tested**

Polarity: positive

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

Why it applies: 2 distinct composites were tested

## Extracted facts

Stored fact records: 105. Some facts used in scoring do not have a stored record.

## Resource Estimates (100)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-2)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db94e78445a16d1cac4a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.26
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Main deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-3)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db94e78445a16d1cac4a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.22
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Main deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-4)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db94e78445a16d1cac4a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Main deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-5)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db94e78445a16d1cac4a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.31
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Main deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-6)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db94e78445a16d1cac4a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Main deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-7)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db94e78445a16d1cac4a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 15248000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Main deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-8)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:e54cca1eb5aed920886c
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.25
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Extension deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-9)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:e54cca1eb5aed920886c
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.16
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Extension deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-10)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:e54cca1eb5aed920886c
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Extension deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-11)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:e54cca1eb5aed920886c
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.45
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Extension deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-12)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:e54cca1eb5aed920886c
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.02
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Extension deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-13)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:e54cca1eb5aed920886c
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 514000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Extension deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-14)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:7bdb41d567c85cadc83b
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.28
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Grata deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-15)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:7bdb41d567c85cadc83b
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.29
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Grata deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-16)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:7bdb41d567c85cadc83b
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.11
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Grata deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-17)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:7bdb41d567c85cadc83b
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.32
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Grata deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-18)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:7bdb41d567c85cadc83b
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Grata deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-19)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:7bdb41d567c85cadc83b
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 3645000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This indicated resource for the Grata deposit contributes to the 29% increase in Indicated resources for the project, enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-20)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1766f3199a879afac4b5
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.26
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total indicated resource represents a 29% increase over the 2023 Mineral Resource Statement, significantly enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Total

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: The indicated mineral resources increased to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement.

Evidence · text

> increase in indicated mineral resources to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-21)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1766f3199a879afac4b5
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.23
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total indicated resource represents a 29% increase over the 2023 Mineral Resource Statement, significantly enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Total

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: The indicated mineral resources increased to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement.

Evidence · text

> increase in indicated mineral resources to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-22)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1766f3199a879afac4b5
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total indicated resource represents a 29% increase over the 2023 Mineral Resource Statement, significantly enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Total

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: The indicated mineral resources increased to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement.

Evidence · text

> increase in indicated mineral resources to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-23)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1766f3199a879afac4b5
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.32
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total indicated resource represents a 29% increase over the 2023 Mineral Resource Statement, significantly enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Total

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: The indicated mineral resources increased to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement.

Evidence · text

> increase in indicated mineral resources to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-24)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1766f3199a879afac4b5
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total indicated resource represents a 29% increase over the 2023 Mineral Resource Statement, significantly enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Total

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: The indicated mineral resources increased to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement.

Evidence · text

> increase in indicated mineral resources to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-25)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1766f3199a879afac4b5
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 19407000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total indicated resource represents a 29% increase over the 2023 Mineral Resource Statement, significantly enhancing confidence and scale. However, the overall resource still has a large inferred component.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · table

> Indicated

Context: Total

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: The indicated mineral resources increased to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement.

Evidence · text

> increase in indicated mineral resources to 19.4 Mt, a 29% increase over the 2023 Mineral Resource Statement

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-26)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db7de44a8f97fe523e5a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.25
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Main deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-27)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db7de44a8f97fe523e5a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.21
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Main deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-28)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db7de44a8f97fe523e5a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.07
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Main deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-29)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db7de44a8f97fe523e5a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.28
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Main deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-30)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db7de44a8f97fe523e5a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Main deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-31)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:db7de44a8f97fe523e5a
- Deposit or zone: Main
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 21342000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Main deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Main

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-32)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:fb9acbebca735b59b138
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.28
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Extension deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-33)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:fb9acbebca735b59b138
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.22
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Extension deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-34)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:fb9acbebca735b59b138
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Extension deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-35)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:fb9acbebca735b59b138
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.48
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Extension deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-36)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:fb9acbebca735b59b138
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.02
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Extension deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-37)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:fb9acbebca735b59b138
- Deposit or zone: Extension
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 10885000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Extension deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Extension

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-38)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:c970c67cb931f12d47ae
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.24
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Grata deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-39)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:c970c67cb931f12d47ae
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.25
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Grata deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-40)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:c970c67cb931f12d47ae
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.1
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Grata deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-41)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:c970c67cb931f12d47ae
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.26
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Grata deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-42)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:c970c67cb931f12d47ae
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Grata deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-43)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:c970c67cb931f12d47ae
- Deposit or zone: Grata
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 67272000
- Grade: 0.01
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This inferred resource for the Grata deposit contributes to the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Grata

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-44)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:9574532f7a7d4cbd4171
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.25
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total inferred resource represents a significant portion of the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Total

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-45)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:9574532f7a7d4cbd4171
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.23
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total inferred resource represents a significant portion of the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Total

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-46)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:9574532f7a7d4cbd4171
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.09
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total inferred resource represents a significant portion of the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Total

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-47)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:9574532f7a7d4cbd4171
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.29
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total inferred resource represents a significant portion of the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Total

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-48)

Samapleu-Grata Nickel-Copper Project · gold

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: gold
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:9574532f7a7d4cbd4171
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.04
- Grade Unit: g/t
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total inferred resource represents a significant portion of the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Total

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-49)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:9574532f7a7d4cbd4171
- Deposit or zone: Total
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 99499000
- Grade: 0.01
- Grade Unit: %
- Cutoff Grade: 16.34
- Cutoff Unit: $/t of mineralized material

#### Prior Estimate

- Resource Date: 2024-03-21

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This total inferred resource represents a significant portion of the overall resource, but its speculative nature limits confidence for economic studies.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Negative factor: Inferred Heavy

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Total

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-50)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:236e2fb8a6d5f2f81e81
- Deposit or zone: Sipilou South
- Mining method: open\_pit

#### Resource Data

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

#### Prior Estimate

- Resource Date: 2024-03-21

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This is a maiden inferred resource for the Sipilou Sud Laterite Deposit, adding a new deposit to the project. However, it is entirely in the inferred category, limiting its current economic viability.

- Positive factor: Maiden Resource

- Negative factor: All Inferred

#### Tags used in scoring

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

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

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Sipilou South

**All Inferred**

Polarity: negative

Definition: M&amp;I share below the weak bound — very early stage, no engineering confidence.

Why it applies: The maiden resource for Sipilou Sud is entirely in the Inferred category.

Evidence · table

> Inferred

Context: Sipilou South

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-51)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:236e2fb8a6d5f2f81e81
- Deposit or zone: Sipilou South
- Mining method: open\_pit

#### Resource Data

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

#### Prior Estimate

- Resource Date: 2024-03-21

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: This is a maiden inferred resource for the Sipilou Sud Laterite Deposit, adding a new deposit to the project. However, it is entirely in the inferred category, limiting its current economic viability.

- Positive factor: Maiden Resource

- Negative factor: All Inferred

#### Tags used in scoring

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

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

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource is classified as Inferred, indicating a speculative category with limited drilling.

Evidence · table

> Inferred

Context: Sipilou South

**All Inferred**

Polarity: negative

Definition: M&amp;I share below the weak bound — very early stage, no engineering confidence.

Why it applies: The maiden resource for Sipilou Sud is entirely in the Inferred category.

Evidence · table

> Inferred

Context: Sipilou South

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Evidence · text

> in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects

**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: The resource estimate was prepared by Todd McCracken, P.Geo, a Qualified Person.

Evidence · text

> The resource estimate was prepared by Todd McCracken, P.Geo, of BBA International Inc.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-57)

Extension and Grata · nickel

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:3509c01f785f947a2cd9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.26

Context: 15,248,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-58)

Extension and Grata · copper

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:3509c01f785f947a2cd9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.22

Context: 15,248,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-59)

Extension and Grata · platinum

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:3509c01f785f947a2cd9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.10

Context: 15,248,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-60)

Extension and Grata · palladium

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:3509c01f785f947a2cd9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.31

Context: 15,248,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-61)

Extension and Grata · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:3509c01f785f947a2cd9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.04

Context: 15,248,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-62)

Extension and Grata · cobalt

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:3509c01f785f947a2cd9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.02

Context: 15,248,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-63)

Extension and Grata · nickel

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:53dba7d841c446f7f197
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.25

Context: 514,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-64)

Extension and Grata · copper

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:53dba7d841c446f7f197
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.16

Context: 514,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-65)

Extension and Grata · platinum

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:53dba7d841c446f7f197
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.10

Context: 514,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-66)

Extension and Grata · palladium

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:53dba7d841c446f7f197
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.45

Context: 514,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-67)

Extension and Grata · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:53dba7d841c446f7f197
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.02

Context: 514,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-68)

Extension and Grata · cobalt

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:53dba7d841c446f7f197
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.02

Context: 514,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-69)

Extension and Grata · nickel

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:444998928b1a0385555d
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.28

Context: 3,645,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-70)

Extension and Grata · copper

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:444998928b1a0385555d
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.29

Context: 3,645,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-71)

Extension and Grata · platinum

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:444998928b1a0385555d
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.11

Context: 3,645,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-72)

Extension and Grata · palladium

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:444998928b1a0385555d
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.32

Context: 3,645,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-73)

Extension and Grata · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:444998928b1a0385555d
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.04

Context: 3,645,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-74)

Extension and Grata · cobalt

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:444998928b1a0385555d
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.02

Context: 3,645,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-75)

Extension and Grata · nickel

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:c290ce952d330bbfa210
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.26

Context: 19,407,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-76)

Extension and Grata · copper

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:c290ce952d330bbfa210
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.23

Context: 19,407,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-77)

Extension and Grata · platinum

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:c290ce952d330bbfa210
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.10

Context: 19,407,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-78)

Extension and Grata · palladium

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:c290ce952d330bbfa210
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.32

Context: 19,407,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-79)

Extension and Grata · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:c290ce952d330bbfa210
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.04

Context: 19,407,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-80)

Extension and Grata · cobalt

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:c290ce952d330bbfa210
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.02

Context: 19,407,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-81)

Extension and Grata · nickel

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:31ab560d197cf565a2c9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.25

Context: 21,342,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-82)

Extension and Grata · copper

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:31ab560d197cf565a2c9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.21

Context: 21,342,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-83)

Extension and Grata · platinum

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:31ab560d197cf565a2c9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.07

Context: 21,342,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-84)

Extension and Grata · palladium

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:31ab560d197cf565a2c9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.28

Context: 21,342,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-85)

Extension and Grata · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:31ab560d197cf565a2c9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.04

Context: 21,342,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-86)

Extension and Grata · cobalt

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:31ab560d197cf565a2c9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.02

Context: 21,342,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-87)

Extension and Grata · nickel

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:94d511e7712060c55dc9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.28

Context: 10,885,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-88)

Extension and Grata · copper

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:94d511e7712060c55dc9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.22

Context: 10,885,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-89)

Extension and Grata · platinum

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:94d511e7712060c55dc9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.10

Context: 10,885,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-90)

Extension and Grata · palladium

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:94d511e7712060c55dc9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.48

Context: 10,885,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-91)

Extension and Grata · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:94d511e7712060c55dc9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.02

Context: 10,885,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-92)

Extension and Grata · cobalt

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:94d511e7712060c55dc9
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.02

Context: 10,885,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-93)

Extension and Grata · nickel

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:d8576e8e286c4ce25893
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.24

Context: 67,272,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-94)

Extension and Grata · copper

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:d8576e8e286c4ce25893
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.25

Context: 67,272,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-95)

Extension and Grata · platinum

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:d8576e8e286c4ce25893
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.10

Context: 67,272,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-96)

Extension and Grata · palladium

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:d8576e8e286c4ce25893
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.26

Context: 67,272,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-97)

Extension and Grata · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:d8576e8e286c4ce25893
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.04

Context: 67,272,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-98)

Extension and Grata · cobalt

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:d8576e8e286c4ce25893
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.01

Context: 67,272,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-99)

Extension and Grata · nickel

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:5812f34877edbf389a84
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.25

Context: 99,499,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-100)

Extension and Grata · copper

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:5812f34877edbf389a84
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.23

Context: 99,499,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-101)

Extension and Grata · platinum

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:5812f34877edbf389a84
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.09

Context: 99,499,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-102)

Extension and Grata · palladium

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:5812f34877edbf389a84
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.29

Context: 99,499,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-103)

Extension and Grata · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:5812f34877edbf389a84
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.04

Context: 99,499,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-104)

Extension and Grata · cobalt

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:5812f34877edbf389a84
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.01

Context: 99,499,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-105)

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 scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:84bb19b88bce27d6c6e2
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.75

Context: 2,095,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-resource-facts-106)

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 scope

- Estimate type: resource
- Effective date: 2024-03-21T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:84bb19b88bce27d6c6e2
- Mining method: open\_pit

#### 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: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.05

Context: 2,095,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## Metallurgical Results (5)

### locked-cycle

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-metallurgical-facts-52)

Samapleu-Grata Nickel-Copper Project · copper

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: copper
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Main Deposit

#### Recovery

- Recovery: 83 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: The Main Deposit achieved a strong copper recovery of 83% in locked-cycle flotation tests, indicating a robust process for this domain.

- Positive factor: High Recovery

- Positive factor: Pilot Scale Complete

- Positive factor: Free Milling

- Positive factor: Recovery Improving

#### Tags used in scoring

**High Recovery**

Polarity: positive

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

Why it applies: Copper recovery of 83% is strong for flotation.

Evidence · text

> 83% copper recovery for the Main Deposit

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: The testwork included multiple locked cycle tests, which are considered strong bench-scale tests simulating recycle streams.

Evidence · text

> multiple locked cycle tests

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

Evidence · text

> Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

**Recovery Improving**

Polarity: positive

Definition: Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: The new conventional flotation process improved copper recoveries and allowed for by-product credits compared to the 2020 PEA's novel process.

Evidence · text

> Accordingly, when work commenced for the 2024 PEA the focus turned to examining the potential to use more conventional processes that would preserve or enhance copper and nickel recoveries and allow revenue to be earned from the cobalt and precious metals.

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

### locked-cycle

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-metallurgical-facts-53)

Samapleu-Grata Nickel-Copper Project · nickel

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: nickel
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Grata Deposit

#### Recovery

- Recovery: 72 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: The Grata Deposit achieved a high nickel recovery of 72% in locked-cycle flotation tests, indicating a robust and efficient process for this domain.

- Positive factor: High Recovery

- Positive factor: Pilot Scale Complete

- Positive factor: Free Milling

- Positive factor: Recovery Improving

#### Tags used in scoring

**High Recovery**

Polarity: positive

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

Why it applies: Nickel recovery of 72% is at or above the exceptional band for flotation.

Evidence · text

> 72% for the Grata Deposit

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: The testwork included multiple locked cycle tests, which are considered strong bench-scale tests simulating recycle streams.

Evidence · text

> multiple locked cycle tests

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

Evidence · text

> Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

**Recovery Improving**

Polarity: positive

Definition: Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: The new conventional flotation process improved nickel recoveries and allowed for by-product credits compared to the 2020 PEA's novel process.

Evidence · text

> Accordingly, when work commenced for the 2024 PEA the focus turned to examining the potential to use more conventional processes that would preserve or enhance copper and nickel recoveries and allow revenue to be earned from the cobalt and precious metals.

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: 72% is below the weak band \(75%\)

### locked-cycle

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-metallurgical-facts-54)

Samapleu-Grata Nickel-Copper Project · cobalt

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: cobalt
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation

#### Recovery

- Recovery: 50 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Cobalt recoveries of 50-60% in locked-cycle flotation tests are moderate, but represent a new by-product credit compared to the prior PEA, enhancing project economics.

- Positive factor: Pilot Scale Complete

- Positive factor: Free Milling

- Positive factor: Recovery Improving

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: The testwork included multiple locked cycle tests, which are considered strong bench-scale tests simulating recycle streams.

Evidence · text

> multiple locked cycle tests

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

Evidence · text

> Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

**Recovery Improving**

Polarity: positive

Definition: Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: The new conventional flotation process allowed revenue to be earned from cobalt, which was not envisioned in the 2020 PEA.

Evidence · text

> allow revenue to be earned from the cobalt and precious metals

**Byproduct Commodity**

Polarity: neutral

Definition: The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: Cobalt is mentioned as a by-product in the PEA.

Evidence · text

> together with cobalt, platinum, palladium and gold as by-products

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

### locked-cycle

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-metallurgical-facts-55)

Samapleu-Grata Nickel-Copper Project · platinum

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: platinum
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation

#### Recovery

- Recovery: 60 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Combined platinum and palladium recoveries of 60-70% in locked-cycle flotation tests are moderate, but represent new by-product credits compared to the prior PEA, enhancing project economics.

- Positive factor: Pilot Scale Complete

- Positive factor: Free Milling

- Positive factor: Recovery Improving

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: The testwork included multiple locked cycle tests, which are considered strong bench-scale tests simulating recycle streams.

Evidence · text

> multiple locked cycle tests

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

Evidence · text

> Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

**Recovery Improving**

Polarity: positive

Definition: Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: The new conventional flotation process allowed revenue to be earned from platinum, which was not envisioned in the 2020 PEA.

Evidence · text

> allow revenue to be earned from the cobalt and precious metals

**Byproduct Commodity**

Polarity: neutral

Definition: The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: Platinum is mentioned as a by-product in the PEA.

Evidence · text

> together with cobalt, platinum, palladium and gold as by-products

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

### locked-cycle

[Link to this fact](https://atlas-extractions.minestarters.com/news/sama-resources-announces-results-of-its-new-preliminary-economic-assessment-for--36a4283d-c779-4ec3-b8d9-06e2cf3d469c#fact-metallurgical-facts-56)

Samapleu-Grata Nickel-Copper Project · palladium

#### Identity

- Project: Samapleu-Grata Nickel-Copper Project
- Commodity: palladium
- Region: côte d’ivoire, west africa
- Reported Region: Côte d’Ivoire, West Africa
- Ticker: SME

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: flotation

#### Recovery

- Recovery: 60 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Combined platinum and palladium recoveries of 60-70% in locked-cycle flotation tests are moderate, but represent new by-product credits compared to the prior PEA, enhancing project economics.

- Positive factor: Pilot Scale Complete

- Positive factor: Free Milling

- Positive factor: Recovery Improving

#### Tags used in scoring

**Pilot Scale Complete**

Polarity: positive

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

Why it applies: The testwork included multiple locked cycle tests, which are considered strong bench-scale tests simulating recycle streams.

Evidence · text

> multiple locked cycle tests

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

Evidence · text

> Both concentrates are expected to be clean with very low levels of penalty elements such as antimony or arsenic.

**Recovery Improving**

Polarity: positive

Definition: Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: The new conventional flotation process allowed revenue to be earned from palladium, which was not envisioned in the 2020 PEA.

Evidence · text

> allow revenue to be earned from the cobalt and precious metals

**Byproduct Commodity**

Polarity: neutral

Definition: The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: Palladium is mentioned as a by-product in the PEA.

Evidence · text

> together with cobalt, platinum, palladium and gold as by-products

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

## 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.
