Sovereign Metals LimitedASX: SVM

Validation of Flowsheet and Potential Additional Plant Feed

· Issued by Sovereign Metals Limited

Filed with ASX · · 7 pages · English

Summary by 6ix AI

Sovereign Metals Limited has released an update on the Pre-feasibility Study for the Malingunde Project, highlighting successful metallurgical test-work that validates the processing flowsheet. The test-work indicates that both saprolite and saprock materials can be effectively processed, allowing for the inclusion of additional mineralized material previously not considered. The company anticipates delivering an updated JORC Mineral Resource in the near future, reflecting these findings. Overall, the results confirm the potential for a low-cost graphite processing operation at Malingunde.

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