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Saville Resources Completes Three Drill Holes at Its Niobium Claim Group Property, Quebec

VANCOUVER, BC / ACCESSWIRE / September 1, 2022 / Saville Resources Inc. (TSXV:SRE)(FSE:S0J) ...

articleFuture Fuels IncSeptember 1, 20224/company/future-fuels-inc/news/saville-resources-completes-three-drill-holes-at-its-niobium-claim-group-property-quebec
Saville Resources Completes Three Drill Holes at Its Niobium Claim Group Property, Quebec

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[{"type":"text","content":"Saville Resources Completes Three Drill Holes at Its Niobium Claim Group Property, QuebecVANCOUVER, BC / ACCESSWIRE / September 1, 2022 / Saville Resources Inc. (TSXV:SRE)(FSE:S0J) (the \"Company\" or \"Saville\") is pleased to provide an update on its diamond drill program currently underway at its Niobium Claim Group Property (the \"Property\"), located in northern Quebec.The Company has recently completed its third and final drill hole of the 2022 program, totalling approximately 603 m (core not fully processed). All three (3) drill holes were completed at the Mallard Prospect as follow-up to the high-grade niobium mineralization returned from drilling in 2021 (0.82% Nb2O5 over 42.3 m, including 1.00% Nb2O5 over 17.1 m, in drill hole EC21-175) and in 2019 (0.80% Nb2O5 over 31.5 m, including 1.36% Nb2O5 over 4.5 m, in drill hole EC19-174A) - see news releases dated November 1st, 2021, and June 11th, 2019, respectively. The 2022 drill holes were completed as step-backs to EC21‑175 and EC19-174A to test the mineralized horizons at depth.Mallard is the most advanced prospect on the Property and is characterized by a series of sub-parallel, elongate, moderate to steeply dipping, northwest trending mineralized horizons that extend from surface and remain open in all directions. Pyrochlore and columbite are the dominant niobium minerals present at Mallard, with mineralogy completed to date indicating grain sizes ranging from 0.03 mm to 3 mm and commonly between 0.05 mm and 0.4 mm. Secondary commodities of interest at Mallard include tantalum, phosphate, and fluorspar.The Company is carrying-out its program concurrently with the drill program of Commerce Resources Corp. on the Ashram Deposit located proximal. Core processing is currently underway on site with samples expected to be shipped shortly to Activation Laboratories in Ancaster, ON, for geochemical analysis.The program is being managed by Dahrouge Geological Consulting Ltd. with Canadian offices in Edmonton, AB, and Montreal, QC, and drilling carried out by Forage Fusion Drilling of Hawkesbury, ON.NI 43-101 DisclosureDarren L. Smith, M.Sc., P.Geo., Dahrouge Geological Consulting Ltd., a Permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in ...

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