Sovereign Metals Ltd - Malawi-focused mining exploration and development company - Reports southern extensions to the mineralised area at Kasiya in Malawi. Hand-auger drilling has identified a number of zones ranging from around 400 metres to 2 kilometres wide over a strike length of approximately 8 kilometres. Says these results indicate potential to expand the "already significant, high-grade" rutile and graphite mineral resource estimate at Kasiya.
Managing Director Frank Eager comments: "These drilling results re-confirm the significant scale of the Kasiya deposit with the strike now stretching over 37 kilometres long. Sovereign continues to test the extent of regional mineralisation via low-cost hand-auger drilling, which has the potential to increase the already very large Kasiya resource."
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By Greg Rosenvinge, Alliance News senior reporter
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Sovereign Metals (SVML)