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Giyani Metals Corp.

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Summary

Project:

K-Hill

Deposit:K-Hill
Location:Botswana
Commodities:Manganese-Iron-Silica-Aluminium
Date:4/30/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:30-4-2020: Giyani Metals Corp. announces a Resource Estimation report for its K-Hill deposit at the K-Hill project. Updated Mineral Resource Estimate for Project. SRK Consulting (UK) Ltd was commissioned by Giyani Metals Corporation (hereafter referred to
Resources:(Resources, Inf.): 1.24Mt @ 27.3% MnO, 9.1% Al2O3, 32.5% SiO2, 15.5% Fe2O3
CP/QP:[Resources]: Lucy Roberts (SRK Consulting (Canada) Inc.)
ABSTRACT:SRK Consulting (UK) Ltd was commissioned by Giyani Metals Corporation (hereafter referred to as Giyani, the Company, or the Client) to undertake a Preliminary Economic Assessment (hereafter referred to as the PEA) for the viability of the Kgwakgwe Hill Project (hereafter referred to as K-Hill, or the Project), which is located in the Republic of Botswana. In addition to the PEA, SRK has updated the Mineral Resource Statement (MRS) with some new information based on the original Mineral Resource Estimate (MRE) by MSA consultants that was reported in September 2018. This report presents the findings, conclusions, and recommendations that resulted from the revised MRS and PEA. SRK notes that this PEA is preliminary in nature, and that the findings and conclusions should be treated as preliminary as well. Any scheduled tonnes and grades in this document do not represent an estimate of Mineral Resources and are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorised as Mineral Reserves. There is no certainty that the preliminary economic assessment will be realised.

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