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Saville Resources Inc. Identifies New Target Area and Samples 1.50% Nb2O5 from 2018 Surface Exploration at its Niobium Claim Group Property, Quebec
VANCOUVER,BC / ACCESSWIRE / December 5, 2018 / Saville Resources Inc. (TSXv: SRE, FSE: S0J) ...
About this update from Future Fuels Inc
Saville Resources Inc. Identifies New Target Area and Samples 1.50% Nb2O5 from 2018 Surface Exploration at its Niobium Claim Group Property, QuebecVANCOUVER,BC / ACCESSWIRE / December 5, 2018 / Saville Resources Inc. (TSXv: SRE, FSE: S0J) (the "Company" or "Saville") is pleased to announce theresults of the Company's inaugural mineral exploration at its Niobium ClaimGroup Property (the "Property"). The Property is situated within the central LabradorTrough, approximately 130 km south of Kuujjuaq, Quebec, and covers severalhistorically defined and prospective niobium-tantalum targets. The primary objective of the field program was to furtherrefine known targets ahead of drilling, as well as define new areas of interestthrough targeted prospecting and a ground magnetic survey. With receipt ofsample assays, the Company is now pleased to report that all its objectiveswere achieved during the program. Program highlights include:Continued discovery of high-grade niobium-tantalum boulders throughout the Southeast AreaA total of 14 rock samples with assays >0.80% Nb2O5 to apeak of 1.50% Nb2O5 Strong tantalum associatedwith best overall samples assaying 0.99% Nb2O5 and 650 ppm Ta2O5, and 0.88%Nb2O5 and 1,080 ppm Ta2O5Discovery of new target area withboulder assays of 1.28% Nb2O5 and 0.88% Nb2O5 Detailed ground magneticsurvey completed over the Miranna and Southeast area targetsMultiple target areas nowdrill readyThe 2018 surface exploration program was carried-out over anapproximate 3-week period, straddling late-September / early-October, by DahrougeGeological Consulting Ltd. with field operations managed out of Quebec. A totalof 126 prospecting rock samples were collected over the program, dominantly of boulders,with high-grade niobium-tantalum continuing to be discovered on the Property. Atotal of 22 boulders returned niobium assays exceeding 0.70% Nb2O5, with 14samples exceeding 0.80% Nb2O5, and 6 samples exceeding 1.00% Nb2O5 to a peakassay of 1.50% Nb2O5. In addition, strong grades of tantalum continued to be returnedin association with niobium, ranging from 160 ppm to 1,080 ppm Ta2O5 over the14 high-grade boulders that exceeded 0.80% Nb2O5. The Company is also pleased to announce that the 2018 surfaceprogram has outlined a new target area of interest where only very limitedexploration had been completed prior. The area is located approximately 400 msouth...