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Saville Resources Inc.
Summary
| Project: | Niobum | |
|---|---|---|
| Deposit: | Mallard | |
| Location: | Canada | |
| Commodities: | Niobium-Phosphorus-Tantalum | |
| Date: | 6/11/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-6-2019: Saville Resources Inc. announces an Exploration/Drilling Update report for its Mallard deposit at the Niobum project. Drilling results incl. 37.00m @ 163ppm Ta2O5, 0.79% Nb2O5, 8.1% P2O5 from 96.50m. June 11th, 2019 – Saville Resources Inc. (TS | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Darren Smith (Dahrough Geological Consulting Ltd.) | |
| ABSTRACT: | June 11th, 2019 – Saville Resources Inc. (TSXv: SRE, FSE: S0J) (the “Company” or “Saville”) is pleased to announce the most well-mineralized niobium drill hole completed to date to at the Mallard Prospect within its Niobium Claim Group Property (the “Property”), Quebec. Sample assays for drill hole EC19-174A have now been received and have returned the strongest and widest mineralized intervals of niobium to date on the Property. Starting from only 17 m depth (core length), results include 0.80% Nb2O5 over 31.5 m, including 0.98% Nb2O5 over 13.5 m or 1.36% Nb2O5 over 4.5 m, as well as a second sub-interval of 1.04% Nb2O5 over 7.7 m. This nearsurface mineralization is followed by a second well-mineralized interval, starting from 96.5 m depth (core length), which assays 0.79% Nb2O5 over 37.0 m, including 1.01% Nb2O5 over 7.5 m, as well as a third mineralized horizon assaying 0.67% Nb2O5 over 20.0 m. A total of eleven (11) individual samples from EC19-174A returned >1% Nb2O5 with a peak sample of 1.68% Nb2O5 over 1.5 m. Company President Mike Hodge comments, “We are absolutely thrilled with the results of our maiden drill program at Mallard. Not only was the first hole of the program better than all the niobium holes completed historically, it was further surpassed by the last hole of the program (EC19-174A), which is the most well-mineralized niobium drill hole to date on the Property. As such, the potential at Mallard has increased considerably as a result of our drilling this past winter, and we are very excited for Phase II as we continue to delineate the mineralized body”. | |
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