Feb 03, 2020 - Feb 04, 2020 / NTS GMT
Julian Stephens - Sovereign Metals Limited - MD
Well, you're lucky enough to be witnessing Sovereign first ever presentation on our rutile projects in Malawi. So here we go. We think we've discovered what is potentially a globally significant new rutile province from the grassroots here -- from grassroots tenements and grassroots exploration works.
Okay. What have we got multiple retail prospects here in Malawi. In 2020, we believe we'll be a company defining year. We'll be drilling out a number of these prospects to resource. We've got a huge exploration package there and very large exploration upside. It's very strong fundamentals for rutile. It's a titanium mineral. It's the highest-grade titanium mineral -- Iluka is one of the world's major producers. Iluka, says rutile is currently in structural deficit and there's no foreseeable additional large-scale supply coming on in Malawi. It's a smaller Southeast African country, but fantastic infrastructure in place. And I'll take you through that right now.
So as I said before, it's the rarest, highest-grade titanium mineral.
Sovereign Metals Ltd at 121 Cape Town Investment Summit Transcript
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