OUTSTANDING DRILL RESULTS CONFIRM HIGH GRADERUTILE AT THE RAILROAD PROSPECT

by Montpellier

Sovereign Metals Limited (“the Company” or “Sovereign”) is pleased to announce that recent drilling has identified a potentially substantial zone of shallow, high-grade saprolite-hosted rutile mineralisation at the Railroad Prospect. These outstanding results confirm that Sovereign’s ground holding in Malawi has the potential to host a new, globally significant rutile province.

HIGHLIGHTS
First quantitative results from broad-spaced drill-holes at the Railroad Prospect including, from
surface:

13m @ 1.08% including 6m @ 1.25% rutile

8m @ 0.92% including 5m @ 1.06% rutile

5m @ 1.16% rutile

7m @ 0.86% rutile

rutile = rutile recovered to a heavy mineral concentrate as a percentage of the primary drill sample mass.

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Learn more about Sovereign Metals: sovereignmetals.com.au