Further High-Grade Hand Auger Results at Malingunde
Filed with ASX · · 10 pages · English
Summary by 6ix AI
Sovereign Metals Limited reports further high-grade hand auger results from its Malingunde graphite deposit, indicating excellent grades and mineralisation continuity. The results confirm and extend the substantial saprolite-hosted flake graphite deposit over a significant strike length. The company has also initiated a diamond drilling program to assess vertical saprolite thicknesses and obtain core for metallurgical testing. Initial metallurgical test-work has begun, with results expected soon.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
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Earlier from Sovereign Metals
- June 2016 Quarterly Report
- Commencement of Pre-Feasibility Study for the Duwi Project
- Sovereign to Fast-Track Duwi Flake Graphite Project
- March 2016 Quarterly Report
- Resource Confirms Duwi one of the Largest Graphite Deposits
Later from Sovereign Metals
- Drilling Significantly Increases Scale of Malingunde
- Outstanding Metallurgy for Malingunde Saprolite
- Highest Grade Hand Auger Results to Date at Malingunde
- Placement to Strategic Institutional Investor
- Diamond Drilling Assays Confirm Thick High Grade Saprolite
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