ZURICH, SWITZERLAND / ACCESSWIRE / September 17, 2018 / Saville Resources Inc. (TSX.V: SRE; Frankfurt: S0J) today announced the filing of an independent NI43-101 Technical Report on the Niobium Claim Group Property in Québec, Canada. Shareholders and investors alike should take a close look at the "Conclusions and Recommendations" section, which starts as follows:
"The Property is considered to have a strong potential for discovery of carbonatite hosted niobium-tantalum-(phosphate) deposit(s) of significance, as well as for fluorite. The Author considers niobium-tantalum to be of primary interest, with fluorspar (fluorite) and phosphate as secondary commodities."
As successful investors in the mining space know by heart, it's the discovery of a deposit which provides the largest upside potential as this phase typically creates most shareholder value.
Although Saville has not done any exploration yet, the company is getting ready to drill – based on 10 years of previous work by Commerce Resources Corp. (TSX.V:CCE; OTC PINK: CMRZF; Frankfurt: D7H), including drilling of 41 holes. This demonstrates that it's not an early-stage project and that vast upside exists for Saville to unlock for its shareholders; especially when considering that Saville has a current market capitalization of less than $3 million CAD with a pretty tight share structure of around 47 million shares in the market.
The full report can be accessed with the following links:
English (web version): http://rockstone-research.com/index.php/en/research-reports/5107-Strong-potential-for-discovery-of-niobium-tantalum-deposits-of-significance,-says-independent-report-filed-today
English (PDF): http://rockstone-research.com/images/PDF/Saville5en.pdf
German (PDF): http://rockstone-research.com/images/PDF/Saville5de.pdf
Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.
SOURCE: Rockstone Research