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Saville Resources Intersects 1.00% Nb2O5 over 17.1 m, including 1.39% Nb2O5 over 5.1 m, in Drill Hole at the Mallard Prospect, Niobium Claim Group Property, Quebec
VANCOUVER, BC / ACCESSWIRE / November 1, 2021 / Saville Resources Inc. (TSXV:SRE)(FRA:S0J) (...
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[{"type":"text","content":"Saville Resources Intersects 1.00% Nb2O5 over 17.1 m, including 1.39% Nb2O5 over 5.1 m, in Drill Hole at the Mallard Prospect, Niobium Claim Group Property, QuebecVANCOUVER, BC / ACCESSWIRE / November 1, 2021 / Saville Resources Inc. (TSXV:SRE)(FRA:S0J) (the \"Company\" or \"Saville\") is pleased to announce sample assay results for the first three (3) drill holes 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).Core sample assay highlights at Mallard include:42.3 m of 0.82% Nb2O5, 153 ppm Ta2O5, and 8.7% P2O5 (EC21-175), including,17.1 m of 1.00% Nb2O5, 136 ppm Ta2O5, and 8.3% P2O5, or5.1 m of 1.39% Nb2O5, 148 ppm Ta2O5, and 12.0% P2O5,12.4 m of 0.84% Nb2O5, 186 ppm Ta2O5, and 11.3% P2O5 (EC21-176), including,3.8 m of 1.06% Nb2O5, 151 ppm Ta2O5, and 12.9% P2O529.7 m of 0.61% Nb2O5, 251 ppm Ta2O5, and 6.8% P2O5 (EC21-177)The initial three holes of the drill program, completed at the at the Mallard Prospect (EC21-175, 176, and 177), were designed as 50 m step-outs along strike to the southeast of the high-grade intersection in drill hole EC19-174A, which was completed as the final drill hole of the 2019 program, returning 1.36% Nb2O5 over 4.5 m, within a larger interval of 0.80% Nb2O5 over 31.5 m (see news release dated June 11th, 2019). The Company is pleased to report that the 2021 drill program has returned the best niobium intercept to date from the Property at 1.00% Nb2O5 over 17.1 m, within a larger interval of 0.82% Nb2O5 over 42.3 m, including a peak sample assay of 1.73% Nb2O5 (Table 1). In addition to the high-grades of niobium, drill intercepts continue to return coincident and significant tantalum and phosphate mineralization.Mike Hodge, President and CEO of the Company commented: \"The Mallard Prospect continues to impress with visible pyrochlore and very-high grades of niobium in drill core, as well as intercepts strengthening with each successive drill program. We feel we have only ‘scratched the surface' of the potential Mallard holds, and we are very excited to execute a considerably more expansive drill program once financing is in place\"Table 1: 2021 ...