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Saville Resources Inc. Highlights the Fluorspar Potential of the Mallard Prospect, at its Niobium Claim Group Property, Quebec

VANCOUVER, BC / ACCESSWIRE / November 26, 2019 / Saville Resources Inc. (TSXV:SRE)(FSE:S0J) ...

articleFuture Fuels IncNovember 26, 20194/company/future-fuels-inc/news/saville-resources-inc-highlights-the-fluorspar-potential-of-the-mallard-prospect-at-its-niobium-claim-group-property-quebec
Saville Resources Inc. Highlights the Fluorspar Potential of the Mallard Prospect, at its Niobium Claim Group Property, Quebec

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[{"type":"text","content":"Saville Resources Inc. Highlights the Fluorspar Potential of the Mallard Prospect, at its Niobium Claim Group Property, QuebecVANCOUVER, BC / ACCESSWIRE / November 26, 2019 / Saville Resources Inc. (TSXV:SRE)(FSE:S0J) (the \"Company\" or \"Saville\") would like to update its shareholders on the fluorspar (CaF2) potential of the Mallard Prospect within its Niobium Claim Group Property (the \"Property\"), Quebec. Mallard is primarily a niobium prospect, with secondary tantalum and phosphate; however, a portion of the prospect also contains significant intervals of fluorite - more commonly known as fluorspar to the market.This potential is summarized in the recent Technical Report completed on the Property (effective date May 28th, 2018), where the author states: \"The encouraging intersections of fluorite mineralization discovered in 2008, in drill holes EC08-015 and 016, were further expanded in 2010, with all four holes intersecting the unit. Drill holes EC10-033 and 044 returned some of the highest-grade intercepts to date. The fluorite zones remain to be modeled and intercepts correlated; however, the data indicates a strong potential for a fluorite zone of significance to be present. Further, although intersected at depth, the mineralization has potential to extend to surface given the sizable intervals over multiple holes, and the moderate to steep dip interpreted for the unit.\"The fluorite at Mallard is purple in colour and may be pervasive to banded within its carbonatite host, which is also moderately mineralized in niobium, tantalum, and phosphate. Highlight mineralized intervals include 31.6% CaF2 over 20.8 m (EC08-016) and 26.1% CaF2 over 32.4 m (EC10-033). A summary of fluorine analysis, which directly relates to the fluorite content of the sample, for historical drill holes completed at Mallard is presented in Table 1.A follow-up of the fluorspar potential at Mallard has not been an objective of the Company with its recent drill program targeting near-surface strike extensions of the primary niobium mineralized horizons. Further, the 2019 drill core remains to be analyzed for its fluorine content. In addition, a zone of fluorite logged in historical drill hole EC08-021, located along strike to the southeast of Mallard, has also not been analyzed for its fluorine content. The Company intends to further evaluate the f...

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