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Wednesday, July 11, 2018

Sovereign Metals upgrades saprolite-hosted graphite resource in Malawi

Sovereign Metals upgrades saprolite-hosted graphite resource in Malawi: Sovereign Metals Limited (ASX:SVM) has revealed an updated resource of 45.7 million tonnes at 7.2% TGC (total graphitic carbon) for its Malingunde Project in Malawi.

The updated resource provides the basis for a future low-capex and low-opex natural flake graphite operation focused on the soft saprolite (clay)-hosted component.


It is worth noting that Malingunde is the world’s largest reported soft saprolite-hosted graphite resource.

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