Midweek Takeaway with Sapan Ghai, Chief Commercial Officer of Sovereign Metals Limited (AIM:SVML)

Phil Carroll and Kevin Hornsby talk to Sapan regarding the recent news where Kasiya’s Indicated Resource has increased by over 80%. The Kasiya Indicated Resource now stands at 1.2 billion tonnes at 1.0% rutile and 1.5% graphite. The updated Mineral Resource Estimate moves over 0.5 billion tonnes from Inferred to Indicated, an increase of 81% to the Indicated category, with over 66% of the total Mineral Resource Estimate now in the Indicated category. Kasiya's global Mineral Resource Estimate is now over 1.8 billion tonnes at 1.0% rutile and 1.4% graphite. Kasiya remains the world's largest natural rutile deposit and second largest flake graphite deposit. The updated Mineral Resource Estimate will underpin the mining inventory and mine plan for the forthcoming Pre-feasibility Study.

Disclaimer & Declaration of Interest

The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion