Stock Exchange Listing: ASX:SVM
Sovereign Metals is an ASX-listed graphite company focused on the development of its soft saprolite (clay)-hosted flake graphite deposit at Malingunde in Malawi.
The Company is targeting lowest quartile opex and capex for the project. Mineralisation is hosted within soft saprolite (clay) which provides substantial mining and operating cost benefits. Metallurgical results show that graphite products of excellent quality and flake size distribution can be produced with a simple process flowsheet that does not require primary crushing or grinding.
Upcoming developments at Malingunde include the release of a Scoping Study in early Q2 2017.
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