For thousands of other reports visit RSC's Mineral Intellingence Map
Sovereign Metals Ltd.
Summary
| Project: | Malingunde | |
|---|---|---|
| Deposit: | Railroad | |
| Location: | Malawi | |
| Commodities: | Rutile | |
| Date: | 11/6/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 6-11-2019: Sovereign Metals Ltd. announces an Exploration/Drilling Update report for its Railroad deposit at the Malingunde project. Drilling results incl. 13m @ 1.08% Rutile. Sovereign Metals Limited (“the Company” or “Sovereign”) is pleased to announce | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Julian Stephens (Internal) | |
| ABSTRACT: | Sovereign Metals Limited (“the Company” or “Sovereign”) is pleased to announce that recent drilling has identified a potentially substantial zone of shallow, high-grade saprolite-hosted rutile mineralisation at the Railroad Prospect. These outstanding results confirm that Sovereign’s ground holding in Malawi has the potential to host a new, globally significant rutile province. Following the excellent drill results, Sovereign’s Managing Director Dr Julian Stephens commented: “The first quantitative results from our drilling program show a significant zone of rutile mineralisation at Railroad. Our immediate drilling program is looking to expand this zone and test the very large, high tenor rutile soil anomaly at Railroad West. Sovereign is at the beginning of what we think is the discovery of a potentially globally significant, strategic rutile province.” The first holes drilled at Railroad targeted a high-tenor soil anomaly near the Nacala Rail Corridor. To test the anomaly, hand-auger drilling averaging about 12m depth was undertaken along the original soil sampling line. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report