Sovereign Metals Limited receives high-grade rutile results from Malingunde in Malawi: Sovereign Metals Limited (ASX:SVM) has received high-grade, broad and widespread rutile results from re-assaying of historical hand-auger holes at the Malingunde project in Malawi.
There were 125 shallow hand-auger drill holes selected for re-assay to assess the overall rutile potential across the Malingunde tenement area.
High-grade results
Results demonstrate that rutile mineralisation is likely to be present over vast areas and is hosted in soft, free-dig saprolite.
There were 26 holes, or 21%, with a weighted average grade of 2.34% titanium oxide and 96 holes, or 78%, with a weighted average grade of 1.89%.
There were 125 shallow hand-auger drill holes selected for re-assay to assess the overall rutile potential across the Malingunde tenement area.
High-grade results
Results demonstrate that rutile mineralisation is likely to be present over vast areas and is hosted in soft, free-dig saprolite.
There were 26 holes, or 21%, with a weighted average grade of 2.34% titanium oxide and 96 holes, or 78%, with a weighted average grade of 1.89%.
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