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UPDATE: Sama Resources Gains 3% As Intersects Nickel at Gogota Laterite Plateau

Sama Resources Inc. (SME.V) announced assay results for 4 additional holes drilled at the newly discovered nickel-cobalt rich laterite deposit within its Lola Project in eastern Guinee, West Africa.

A total of 27 new prospective laterite plateaus have been identified at the Lola Project since the start of the regional exploration program in April 2011. The combined surface area of the 27 laterite plateaus is 7.8 square kilometers.

SME was up 3% to $0.165, trading near 52-week low 14 cents.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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