SVM sovereign metals limited

Sovereign Metals (ASX:SVM) announces MRE for Kasiya deposit

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    • Sovereign Metals (SVM) has established a maiden mineral resource estimate (MRE) for its Kasiya rutile deposit in Malawi
    • Kasiya's MRE is 644 million tonnes at 1.01 per cent rutile including a high-grade component of 137 million tonnes at 1.41 per cent rutile
    • SVM says the estimate establishes Kasiya as a "globally significant natural rutile discovery" and one of the "largest natural rutile deposits in the world"
    • The company expects the MRE to grow in the future and says a scoping study at the site is now well underway

    Read the Full Article on The Market Herald here
 
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