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Pin to quick picksSovereign Metals Media (SVML)

Share Price Information for Sovereign Metals (SVML)

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32.50    0.00 (0.00%)
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Spread: 1.00 (3.125%)
Market Cap: £213.19m
SVML Live PriceLast checked at - London Stock Exchange

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Sovereign Metals: Mining Method and Fleet Design Finalised for DFS

· Mining fleet design finalised as part of ongoing Definitive Feasibility Study work at Kasiya

· Fleet specifically engineered for large-scale dry mining operations following the results of the successful pilot phase mining trials

· No drilling, blasting, crushing or milling required at Kasiya resulting in low capital outlays and operating costs

· Equipment selection and supplier identification completed for all operational requirements across the proposed initial 25-year mine life

· Phased fleet deployment strategy from 36 units in Year 1 to peak operational fleet of 81 units

· Leading global suppliers identified, including CAT, Komatsu, Liebherr, Hitachi and others