As you certainly know, a FS comes much later and months of work have already been invested in the technical tests, which continue to run parallel to the drilling.METALLURGY TESTWORK
An initial sighter metallurgical test-work program was undertaken on a 180kg sample of saprolite-hosted rutile from the Wofiira prospect at a well-known mineral sands laboratory in Perth, Western Australia. The test-work program, which was focused on generating saleable product specifications, demonstrated that a high-quality commercial rutile product can be produced using conventional mineral sands processing methods. The recovered rutile grade from in-situ was 1.16% produced in a +38µm to -250µm size fraction. Test work is ongoing in order to improve rutile recoveries and to determine if other valuable heavy minerals can be recovered as by-products.Results from the initial metallurgical program show that Sovereign’s rutile product specifications meet market requirements with many parameters at best-in-class levels. Standout attributes include;
http://sovereignmetals.com.au/projectsrutile/
- Rutile product grade of 96.0% TiO2 at a recovered rutile grade of 1.16%
- Exceptionally low uranium and thorium levels
- Exceptionally low chromium levels
- Exceptionally low zirconium levels
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Last
73.0¢ |
Change
0.010(1.39%) |
Mkt cap ! $472.2M |
Open | High | Low | Value | Volume |
74.0¢ | 75.0¢ | 72.5¢ | $1.345M | 1.820M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 6098 | 72.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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75.0¢ | 40000 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 6098 | 0.725 |
4 | 12659 | 0.720 |
2 | 26300 | 0.715 |
5 | 49379 | 0.710 |
1 | 10000 | 0.705 |
Price($) | Vol. | No. |
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0.750 | 40000 | 2 |
0.760 | 31000 | 3 |
0.770 | 10000 | 1 |
0.780 | 30000 | 1 |
0.785 | 700 | 1 |
Last trade - 16.11pm 28/07/2025 (20 minute delay) ? |
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