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Thursday, January 18, 2018

Sovereign Metals finds high-grade graphite in Malawi, on track to upgrade Malingunde resource

Sovereign Metals finds high-grade graphite in Malawi, on track to upgrade Malingunde resource: "Sovereign Metals (ASX: SVM) has returned high-grade results from a recent drilling campaign at its Malingunde saprolite-hosted graphite flake deposit in the African nation of Malawi.

An aircore drilling program was conducted on the project in late 2017, with 210 holes for 6212 metres completed.

The program was designed to further define and upgrade the resource classification levels for inclusion in the project’s ongoing pre-feasibility study, as well as to test the graphite mineralisation at Malingunde South Extension and other targets."



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