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Saville Resources Inc.
Summary
| Project: | Niobum | |
|---|---|---|
| Deposit: | Mallard | |
| Location: | Canada | |
| Commodities: | Niobium-Phosphorus-Tantalum | |
| Date: | 6/10/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-6-2019: Saville Resources Inc. announces an Exploration/Drilling Update report for its Mallard deposit at the Niobum project. Drilling results incl. 237.25m @ 170ppm Ta2O5, 0.40% Nb2O5, 6.0% P2O5 from 2.75m. June 6th, 2019 – Saville Resources Inc. (TSX | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Darren Smith (Dahrough Geological Consulting Ltd.) | |
| ABSTRACT: | June 6th, 2019 – Saville Resources Inc. (TSXv: SRE, FSE: S0J) (the “Company” or “Saville”) is pleased to announce additional drill intersections of strong niobium mineralization at the Mallard Target within its Niobium Claim Group Property (the “Property”), Quebec. Sample assays for drill holes EC19-172 and 173 are now received and have returned 0.67% Nb2O5 over 27.0 m, including 1.03% Nb2O5 over 5.3 m (EC19-172), and 0.66% Nb2O5 over 14.5 m, including 0.78% Nb2O5 over 8.8 m (EC19-173). In addition, the widest high-grade tantalum intercept to date on the Property was returned from drill hole EC19-172 at 274 ppm Ta2O5 over 100.8 m, including 373 ppm Ta2O5 over 46.7 m. Drill hole EC19-172 bottomed in mineralization at a depth of 240.0 m (core length) with the final sample assaying 0.78% Nb2O5 over 1.5 m. This drill hole was positioned to undercut EC19-171 and the success of both holes indicate that mineralization has significant depth and strike length potential. Further, coupled with drill hole EC19-171, which also bottomed in mineralization, as well as the numerous mineralized intersections at depth in historical holes, collectively indicate a large and robust niobium mineralized system is present at Mallard. | |
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