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Saville Resources Intersects 0.72% Nb2O5 over 20.4 m, Including 1.20% Nb2O5 over 3.1 m, in first Drill Program at the Miranna Prospect, Niobium Claim Group Property, Quebec
VANCOUVER, BC / ACCESSWIRE / December 8, 2021 / Saville Resources Inc. (TSXV:SRE)(FSE:S0J) (...
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[{"type":"text","content":"Saville Resources Intersects 0.72% Nb2O5 over 20.4 m, Including 1.20% Nb2O5 over 3.1 m, in first Drill Program at the Miranna Prospect, Niobium Claim Group Property, QuebecVANCOUVER, BC / ACCESSWIRE / December 8, 2021 / Saville Resources Inc. (TSXV:SRE)(FSE:S0J) (the \"Company\" or \"Saville\") is pleased to announce sample assay results for the maiden drill holes (EC21-178, 179, 180, and 181) completed at the Miranna Prospect as part of its 2021 diamond drill program at its Niobium Claim Group Property (the \"Property\"), located in northern Quebec. The 2021 drill program, completed in July, included seven (7) holes totalling 1,349 m split over two prospects - Mallard (681 m over 3 holes) and the Miranna Prospect (668 m over 4 holes). The results of the drill holes targeting the Mallard Prospect were announced November 1st, 2021, and include the best niobium intersection to date. The maiden drilling at Miranna followed and has also demonstrated the potential for >1% Nb2O5 mineralization at depth.Core sample assay highlights at Miranna include:20.4 m of 0.72% Nb2O5 and 5.7% P2O5 (EC21-180), including,3.1 m of 1.20% Nb2O5 and 7.6% P2O5, or4.6 m of 0.97% Nb2O5 and 6.4% P2O5The four drill holes completed at Miranna are the first to date to test the Prospect and were scoping in nature. Each drill hole, ranging in depth from 140 m to 236 m, was designed to test a different area of the geophysical anomaly that defines the prospect - the north-northwest margin, east-northeast margin, and the anomaly centre - with the objective of identifying the most prospective area for follow-up. The Company is pleased to report that drill hole EC21-180 achieved this objective, returning significant mineralization downhole, including 1.20% Nb2O5 over 3.1 m within a larger interval of 0.72% Nb2O5 over 20.4 m. The potential of this area is further emphasized by the additional mineralization encountered from surface in drill hole EC21-180 at 0.61% Nb2O5 over 7.9 m. Core assay highlights for all four (4) Miranna holes are presented in Table 1 and Figure 1.Mike Hodge, President and CEO of the Company commented: \"It is a major milestone to have drilled our first holes at Miranna after significant groundwork to hone in on the interpreted bedrock source. This is a grassroots discovery developed by our field geologists over several years and we are excite...