Saville Resources announces that it intends to complete a consolidation of its issued and outstanding common shares on the basis of one new Share for every twenty currently-outstanding Shares. It is anticipated that the Consolidation will reduce the number of outstanding Shares from 101,846,567 Shares to approximately 5,092,328 Post-Consolidated Shares, subject to adjustment for rounding. The board of directors of the [...]
Saville Resources Inc. wishes to announce changes to its Board of Directors. Mr. Charn Deol has resigned as a director of the Company, effective immediately. The Company would like to express its sincere gratitude to Mr. Deol for his invaluable contributions and dedicated service during his tenure. His insights and leadership have been instrumental in guiding the Company through various strategic decisions. Additionally [...]
Saville Resources Inc. is pleased to announce the extension of the earn-in agreement with Commerce Resources Corp.'s for exploration of the Niobium Claim Group Property, a subset of the Commerce Resources' Eldor claims, located in northern Quebec. The agreement will be extended, with similar terms as originally agreed upon in Jan 2018, for one additional year, until January 2024. Saville Resources President and CEO Mike [...]
Saville Resources Inc. is pleased to announce sample assay results for three drill holes from its 2022 drill program at its Niobium Claim Group Property. The 2022 drill program, completed in August, totaled 600.0 m and focused on the Mallard Prospect. The 2022 drill program targeted the niobium zone previously reported in drill hole EC21?175 - see news release dated September 1, 2022 - further at depth and along strike [...]
Saville Resources is pleased to announce that at the Company's Annual General and Special meeting held on November 30, 2022, the shareholders adopted an equity incentive plan which has a 10% rolling stock option component and a fixed Restricted Share Unit, Performance Share Unit and Deferred Share Unit components reserving an aggregate of 20,369,313 shares for issuance. Shareholder approval of the Plan must be obtained [...]
Saville Resources Inc. is pleased to provide an update on its diamond drill program currently underway at its Niobium Claim Group Property , located in northern Quebec. The Company has recently completed its third and final drill hole of the 2022 program, totalling approximately 603 m . All three drill holes were completed at the Mallard Prospect as follow-up to the high-grade niobium mineralization returned from drilling [...]
Saville Resources Inc. is pleased to announce a non-brokered private placement consisting of the issuance of: up to 8,000,000 units at a price of $0.05 per NFT Unit for gross proceeds of up to $400,000 , and up to 12,000,000 shares at a price of $0.05 per FT Share for gross proceeds of up to $600,000 . Insiders may participate in the NFT Offering. Each NFT Unit will consist of one common share of the Company and one [...]
Saville Resources Inc. is pleased to announce sample assay results for the maiden drill holes completed at the Miranna Prospect as part of its 2021 diamond drill program at its Niobium Claim Group Property, located in northern Quebec. The 2021 drill program, completed in July, included seven holes totalling 1,349 m split over two prospects - Mallard and the Miranna Prospect. The results of the drill holes targeting the [...]
Saville Resources Inc. is pleased to announce sample assay results for the first three drill holes of its 2021 diamond drill program at its Niobium Claim Group Property. The 2021 drill program, completed in July, included seven holes totalling 1,349 m split over two prospects - Mallard and the Miranna Prospect. Core sample assay highlights at Mallard include: 42.3 m of 0.82% Nb2O5, 153 ppm Ta2O5, and 8.7% P2O5 [...]
Saville Resources Inc. is pleased to announce that it has completed four drill holes at the Miranna Prospect as part of its 2021 diamond drill program at its Niobium Claim Group Property, located in northern Quebec. The program is being managed by Dahrouge Geological Consulting Ltd. of Edmonton, AB, with drilling operations being carried out by Logan Drilling Ltd. of Stewiacke, NS. The Company moved to the Miranna [...]
Saville Resources Inc. is pleased to provide an update on its upcoming diamond drill program at its Niobium Claim Group Property , located in northern Quebec. The Company will carry-out its program concurrently with the drill program by Commerce Resources Corp. on the Ashram Deposit located proximal. The overlap of the two programs is expected to result in significant cost savings through shared drill rig mobilization [...]
Saville Resources is pleased to announce that it has completed its previously announced non-brokered private placement, as described in its News Release dated May 21, 2021, pursuant to which it has issued an aggregate of 5,696,667 flow-through shares at a price of $0.06 per FT Share for gross proceeds of $341,800.02 and 6,800,000 non flow through units at a price of $0.05 per NFT Share for gross proceeds of $340,000. Each [...]
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