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Sovereign Metals Ltd.
Summary
| Project: | Kasiya | |
|---|---|---|
| Deposit: | Kasiya | |
| Location: | Malawi | |
| Commodities: | Rutile | |
| Date: | 4/8/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-4-2020: Sovereign Metals Ltd. announces an Exploration/Drilling Update report for its Kasiya deposit at the Kasiya project. Drilling results incl. 15m @ 1.12% Rutile from 0m. Results for Phase 2, comprising further 19 shallow hand-auger holes for 220m o | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Julian Stephens (Internal) | |
| ABSTRACT: | Results for Phase 2, comprising further 19 shallow hand-auger holes for 220m over three drill-lines are presented in this report. This brings the total number of holes reported to 38 (Phases 1 & 2 combined), over five east-west drill lines. The Phase 2 results significantly expand the high-grade rutile zone that occurs from surface and is hosted in soft, friable saprolite. The Kasiya high-grade rutile prospect is now shown to be +3.4km in strike length and +1.8km in surface width. The mineralised zone is open along strike in both directions and open laterally to the south-east with a hard boundary identified only along the north-west margin at this stage. High-grade rutile was encountered as deep as 15m below surface in some holes and has an average thickness of approximately 7m to 8m. Additionally, Kasiya is within regional proximity to the previously reported Railroad saprolite-hosted prospects which suggests the potential for cumulatively large to very large tonnages of rutile mineralisation within a small radius across a number of prospects | |
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