Client NewsSovereign Metals Limited: Spectacular Results Increase Mineralised Footprint
Sovereign Metals Limited (ASX:SVM; AIM:SVML) (Sovereign or the Company) is pleased to report results from its H2 2021 drilling program at Kasiya-Nsaru, the Company’s flagship, very large, high-grade rutile deposit in Malawi.
The results, including numerous spectacular intercepts, will underpin the pending Mineral Resource Estimate (MRE) upgrade which is expected to significantly increase in both the Indicated and Inferred categories.
The most recent core and auger drilling has now expanded the total mineralised envelope to 165km2, up 28%. The previous MRE included just 49km2 of the mineralised envelope, hence significant resource tonnage growth can be expected.
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