SVM sovereign metals limited

first black then white then win, page-6

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    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;

    • 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
    http://sovereignmetals.com.au/projectsrutile/
 
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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($)
2 6098 72.5¢
 

Sellers (Offers)

Price($) Vol. No.
75.0¢ 40000 2
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Last trade - 16.11pm 28/07/2025 (20 minute delay) ?
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