Greg Klein reports that assays are pending but the first drill program since 2010 has Saville Resources optimistic about results. With five holes totaling 1,049 metres, the season devoted four holes to the Mallard target in the property’s southeastern area. Historic, non-43-101 results from Mallard’s previous campaign brought near-surface high grades that included:
0.82% Nb2O5 over 21.89 metres, starting at 58.93 metres in downhole depth
0.72% over 21.35 metres, starting at 4.22 metres (including 0.9% over 4.78 metres)
A spring campaign under winter conditions comprised the project’s first drill program since 2010.
True widths were unknown.
The spring campaign sunk an additional hole 60 metres from another location of high-grade, near-surface results that included an historic, non-43-101 interval of 0.71% Nb2O5 over 15.33 metres, starting at 55.1 metres. The new hole tested the intercept down-dip as well as the strike extension of the main mineralized zone.
“In each hole, favorable rock types and coarse-grained pyrochlore mineralization were visually identified over varying widths and concentrations,” the company stated. “Portable XRF data and detailed geological logging further support these observations.” Saville plans further drilling at Mallard, as well as Miranna and several other targets, to build a 43-101 resource estimate. Previous boulder samples from Mallard include an exceptional 5.93% Nb2O5, as well as 2.75%, 4.24% and 4.3% Nb2O5. Tantalum samples from the area reached up to 1,040, 1,060 and 1,220 Ta2O5.
Work on the 1,223-hectare Niobium Claim Group takes place under a 75% earn-in from Commerce Resources whose Ashram rare earths deposit a few kilometres away moves towards pre-feasibility. In early April, Saville released assays from last year’s campaign on the Bud property in southern British Columbia’s historic Greenwood mining camp, with samples reaching as high as 4.57 g/t gold, 27.7 g/t silver and 6.7% copper.
A private placement first tranche that closed in December brought Saville $311,919. In March the company optioned its James Bay-region Covette nickel-copper-cobalt property to Astorius Resources. A 100% fulfillment would bring Saville $1.25 million over three years, with Astoriuss pending another $300,000 on exploration within two years. Saville retains a 2% NSR.
For an earlier report, see: http://resourceclips.com/2018/12/05/niobium-tantalum-in-quebec/#mallard-assays
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