Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) has extracted, despatched and delivered 30 tonnes of ore from the Kasiya Rutile-Graphite Project in Malawi to leading engineering consultant Paterson & Cooke (P&C) for advanced material handling tests.
The 30-tonne sample is representative of ore that will be mined in the first 10 years of production, which will be used for advanced bulk laboratory-scale test work to optimise the technical elements of the Kasiya pre-feasibility study (PFS).
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The test work will reveal conditions the project will require for mining, transportation and handling of Kasiya ore.
Step forward in project delivery
“I must commend our geology and logistics teams who, in a very short space of time, successfully extracted and delivered this large representative sample from Kasiya to Paterson & Cooke,” Sovereign Metals managing director Frank Eagar said.
“This represents a significant step in our ongoing project delivery. Importantly, it also demonstrates the effectiveness of the day-to-day technical involvement of our strategic investor, Rio Tinto (ASX:RIO), in assisting Sovereign with the Kasiya Project optimisation and bringing this tier-one project closer to development.”
As stated by Eagar, SVM’s test work program was designed and approved in collaboration with its strategic investor Rio Tinto.
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