Sovereign Metals LimitedASX: SVM

Diamond Drilling Assays Confirm Thick High Grade Saprolite

· Issued by Sovereign Metals Limited

Filed with ASX · · 11 pages · English

Summary by 6ix AI

Sovereign Metals Limited reports the first assays from diamond drilling at the Malingunde saprolite-hosted flake graphite deposit in Malawi, confirming thick and high-grade zones of mineralization. The results indicate that high grades of saprolite continue to significant vertical depths, aligning with previous hand auger drilling findings. A resource drill-out program is set to commence, alongside ongoing metallurgical test-work targeting efficient processing methods.

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