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Saville Resources Inc.

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Summary

Project:

Niobum

Deposit:Niobum
Location:Canada
Commodities:Niobium-Phosphorus-Tantalum
Date:7/3/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:3-7-2018: Saville Resources Inc. announces an Exploration/Drilling Update report for its Niobum deposit at the Niobum project. Summary of property and recommendations for further work. Saville Resources Inc. (“Saville Resources” or the “Company”) has reta
Resources:x
CP/QP:[Overall Report]: Alex Knox (Independent)
ABSTRACT:Saville Resources Inc. (“Saville Resources” or the “Company”) has retained Alex W. Knox (the “Author”), M.Sc., P.Geol., an independent consulting geologist, to prepare an independent Technical Report on the Niobium Claim Group Property (the “Property”), located in northern Quebec, Canada. This report was commissioned by Saville Resources to comply with regulatory disclosure and reporting requirements outlined in Canadian National Instrument 43-101 (“NI 43-101”), companion policy NI 43- 101CP, and Form 43-101F. The Niobium Claim Group Property is situated within the Eldor Carbonatite Complex (formerly known as Lac Lemoyne carbonatite), located in the north-central portions of the New Québec Orogen (Labrador Trough). Recent interpretation indicates the carbonatite was emplaced in multiple intrusive stages as sills and dikes, brecciating and metasomatizing the local host rocks. The footwall to the main complex is a several hundred metre-thick, fine- to coarse-grained chlorite/biotite – K-feldspar (?) and blue amphibole (?) rock which has been previously interpreted as fenite (Schmidt, 2013). The main complex comprises multiple stages of crosscutting phoscorite (apatite, olivine, ±magnetite) and calcite carbonatite intrusions with the latter being volumetrically dominant. Metasomatism has altered large portions of the outer calcite carbonatite to dolomite carbonatite. The phoscorite, calcite carbonatite, and dolomite carbonatite (alteration unit) are the dominant carbonatite rock types found throughout the outer portions of the complex. Deformation at about 1.8 Ga tilted the region and resulted in a regional dip to the northeast for the carbonatite complex.

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