Sovereign Metals LimitedASX: SVM

AC Drilling Indentifies High-Grade Mineralisation At Depth

· Issued by Sovereign Metals Limited

Filed with ASX · · 17 pages · English

Summary by 6ix AI

Sovereign Metals Limited reports on high-grade rutile mineralisation identified at depth from its air-core drilling program at the Kasiya Rutile Project, confirming that mineralisation extends deeper than previously recorded. The results indicate significant potential for increasing the mineral resource estimate, with new drilling revealing thicker rutile intercepts. The company is advancing its pre-feasibility study and expects to update the mineral resource estimate in the near future. This filing highlights the promising findings from the drilling program and outlines ongoing project developments.

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