Sovereign Metals Limited (AU:SVM) has released an update.
Sovereign Metals Limited reported a significant 8km extension to rutile mineralization at their Kasiya project and is conducting further drilling to the north. The company shipped a 30-tonne sample for advanced testing in collaboration with Rio Tinto and made strategic appointments, including a new Lead ESG Officer and CTO for Graphite. Sovereign remains in a robust financial position with A$36.6 million in cash and no debt.
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