Sovereign Metals LimitedASX: SVM

Wide High-Grade Graphite Intercepts Continue At Malingunde

· Issued by Sovereign Metals Limited

Filed with ASX · · 14 pages · English

Summary by 6ix AI

Sovereign Metals Limited reports on the results of its aircore drilling program at the Malingunde graphite project in Malawi, highlighting high-grade graphite intercepts. The report includes the final batch of assay results from the drilling, confirming the presence of very-high grade graphite mineralization in the northern part of the deposit. The company anticipates an updated resource estimate to be released in the second quarter of the year, incorporating these new drilling results. The drilling program aimed to upgrade resource classification levels and explore additional targets, with significant findings at Msinja.

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