#SVML Sovereign Metals Limited – Successful Rehabilitation Trials
KEY HIGHLIGHTS · Critical DFS workstream de-risked – Mine Closure and Rehabilitation Plan based on empirical field data from Sovereign’s successful pilot mining and rehabilitation trial. · Second year of rehabilitation trials near completion – Extended programme builds on proven first-year results and demonstrates that land can be rehabilitated post mining, with refined rehabilitation methods improving crop yields by 520% over […]
#SVML Sovereign Metals LTD – March 2025 Quarterly Report
MARCH 2025 QUARTERLY REPORT Sovereign Metals Limited (ASX:SVM, AIM:SVML, OTCQX:SVMLF) (Sovereign or the Company) is pleased to provide its quarterly report for the period ended 31 March 2025. HIGHLIGHTS DURING AND SUBSEQUENT TO THE QUARTER Optimised PFS Results Reaffirm Kasiya’s Globally Strategic Significance · In January 2025, the Optimised Prefeasibility Study (OPFS) was completed with […]
#SVML Sovereign Metals LTD – Half-year Report
INTERIM FINANCIAL REPORT FOR THE HALF YEAR ENDED 31 DECEMBER 2024 abn 71 120 833 427 ASX: SVM; aim:SVML; OTCQX: SVMlf CORPORATE DIRECTORY Directors Mr Benjamin Stoikovich Chairman Mr Frank Eagar Managing Director and CEO Mr Ian Middlemas Non-Executive Director Dr Julian Stephens Non-Executive Director Mr Mark Pearce Non-Executive Director Mr Nigel Jones […]
#SVML Sovereign Metals LTD – Successful Rehabilitation of Kasiya Test Pit
SUCCESSFUL REHABILITATION OF KASIYA TEST PIT · Kasiya Rehabilitation Program provides landowners with immediate access to land to start maize crop farming without missing a planting season · Site backfill completed; soil improvement and planting of rehabilitation crops commenced in December 2024 · Sovereign continues to provide support and training to landowners to improve crop […]
#SVML Sovereign Metals LTD – Hydraulic Mining Trial Commences
HYDRAULIC MINING TRIAL COMMENCES · Hydraulic mining trial has now commenced at Kasiya Pilot Site as part of ongoing Optimisation Study · Trial is being conducted by Fraser Alexander, a global industry leader in hydraulic mining, following successful completion of dry mining trial in July 2024 · Hydraulic mining trial is expected to take approximately three months […]
#SVML Sovereign Metals LTD – Dry Mining Trial Successfully Completed
DRY MINING TRIAL SUCCESSFULLY COMPLETED AT PILOT PHASE TEST PIT · Pilot Phase dry mining trial confirms Kasiya can be efficiently mined using standard mobile excavators and trucks, demonstrating operational alternatives as part of ongoing PFS Optimisation Study · Test pit mined as planned and on schedule to a depth of 20 metres, excavating approximately 170,000 bench […]
#SVML Sovereign Metals LTD – Pilot Phase Site Construction on Schedule
Kasiya’s pilot mining and land rehabilitation program is progressing with site establishment on schedule · Mobile fleet is currently constructing the test pit, water storage pond and ore stockpile · Free-dig nature of soft saprolite ore confirms the ease of mining with no drilling or blasting required · Eight boreholes have been commissioned and […]
#SVML Sovereign Metals Ltd – Kasiya Optimisation Advances to Pilot Phase
Sovereign Metals #SVML – KASIYA OPTIMISATION ADVANCES TO PILOT PHASE · Sovereign to immediately commence a pilot mining and land rehabilitation program (“Pilot Phase”) at Kasiya as part of the ongoing Optimisation Study · Empirical data generated from the Pilot Phase will assist towards determining optimal excavation, material handling, processing, backfilling and rehabilitation approaches · […]
#SVML Sovereign Metals LTD – Kasiya Pre-Feasibility Study Results
PFS CONFIRMS KASIYA AS A MAJOR CRITICAL MINERALS PROJECT DELIVERING INDUSTRY-LEADING ECONOMIC RETURNS AND SUSTAINABILITY METRICS ECONOMIC HIGHLIGHTS US$1,605M 28% US$415M After Tax NPV8 After Tax IRR Ave. Annual EBITDA US$16Bn US$404/t US$597M Total Revenue (initial modelled 25 years LOM) Operating Cost (FOB Nacala per tonne of product) Capex to 1st Production PFS HIGHLIGHTS […]