Sovereign Metals Ltd (ASX:SVM, AIM:SVML)’s Julian Stephens discusses a large increase to the drill-defined mineralised rutile footprint of the company’s flagship Kasiya-Nsaru Project in Malawi, which grew by 28% to 165 square kilometres.
The rutile sector is currently in a severe production deficit, meaning Sovereign will be able to leverage its rutile deposit – which is one of the largest natural deposits in the world – strategically in the market.