Giyani Announces Drilling Update, Exploration Program and Appointment of Additional Drilling Contractor at Flagship K.Hill Project in Botswana
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Giyani Announces Drilling Update, Exploration Program and Appointment
of Additional Drilling Contractor at Flagship K.Hill Project in Botswana
TORONTO, Ontario, February 09, 2021 -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8)
("Giyani" or the " Company") is pleased to announce the first set of assay results from the RC
infill drilling program (“K.Hill Infill Drilling Program”), a new planned exploration program (“Step-
out Exploration Program”), and the appointment of an additional drilling contractor at the K.Hill
manganese project (“K.Hill”) in South Eastern Botswana.
Update to K.Hill Infill Drilling Program
The K.Hill Infill Drilling Program is designed to upgrade the current Inferred Mineral Resource to
an Indicated Mineral Resource in order to achieve the Mineral Reserve status required in the
ongoing feasibility study, expected later this year. Since the program commenced in November
2020, there have been some border logistics and administrative delays related to Covid-19 in
Botswana. The program has, nonetheless, advanced and is now expected to be completed next
month. Noticeable intercepts are as follows:
From 15m 4.0m @ 29.7% MnO (including 1.0m at 41.5% MnO)
From 18m 3.0m @ 30.8% MnO (including 1.5m at 35.1% MnO)
For more information see Appendix 1.
Step-out Exploration Program
Upon completion of the K.Hill Infill Drilling Program, the Company will step-out to the south of the
K.Hill deposit, with a new exploration drilling program. The program will target a geophysical
signature, which extends southwards from the existing K.Hill Mineral Resource. This signature is
a continuation of the gravity contrasts observed at K.Hill.
The planned Step-out Exploration Program consists of 1,600m of RC drilling over 32 holes. It is
expected to be completed within two months of the conclusion of the K.Hill Infill Drilling Program,
subject to no additional Covid-19 restrictions. Drill spacings will be approximately 100m.
For more information see Appendix 2.
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Appointment of Additional Drilling Contractor
The Company has appointed RotsDrill Explorations (“RotsDrill”), a local Botswana-based drilling
services provider to assist Stewardship Drilling (“Stewardship”) with the completion of the K.Hill
Infill Drilling Program, as well as the Step-out Exploration Program. In addition, RotsDrill will be
responsible for the drilling of diamond drilling holes, which will be logged and sampled for
geotechnical work and communition testing as part of the ongoing feasibility study at K.Hill.
The drilling contractor will be supported by the Company’s project management and geological
services consulting company, Lambda Tau Botswana.
Robin Birchall, CEO of the Company commented:
"The first batch of near-surface results continue to build momentum at K.Hill as we work towards
completion of the ongoing feasibility study and the future transition to project construction. Not
only are these results in line with previous drilling results, but we can now look to extend the near-
surface mineralization through a new Step-out Exploration Program, which is the first in a number
of resource expansion programs we have planned for 2021. We expect to announce the
commencement of the Otse campaign in due course.
One of our priorities this year is extending the project life at K.Hill. Given some of the Covid-19
related delays we have experienced with our current drilling contractor, we decided to appoint
locally-based RotsDrill. Working with Stewardship, we aim to speed up the completion of the K.Hill
program, and then start on the Step-Out Exploration Program as soon as possible. As RotsDrill’s
equipment and labour are locally sourced in Botswana, their appointment should significantly
mitigate any additional unforeseen Covid-19 related disruptions going forward. In addition, the
team at RotsDrill are familiar with K.Hill, as they were appointed by the Company for the original
drill program two years ago.”
Appendix 1 – K.Hill Infill Drilling Program
Procedural Summary
Drilling is conducted with a 127mm diameter Reverse Circulation bit. The primary sample is
collected from the cyclone into a 50kg sample bag at 0.5m intervals. The primary sample is then
split with a three-tier riffle splitter into a 3-5kg sub sample. The sub-sample is analysed on site by
a portable X-ray Fluorescence analyser (XRF) to determine the mineralized interval. The
mineralized interval is sampled together with 2m shoulder samples and QA/QC samples. These
samples are then bagged in batches of 10 samples per polypropylene bag, marked and sealed
with single use ties. The polypropylene bags are shipped for geochemical analysis by XRF after
Borate Fusion, at SGS Laboratories in Randfontein, South Africa.
Sample preparation and analysis is completed as per the standard ISO:9001 complaint XRF76C
whole rock analysis sample preparation and analysis technique, offered by SGS Laboratories.
Elements are reported as Total Oxides.
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Significant Intersections
Hole number Intercept Grade MnO From Depth Comments
RCKH20_001 3.0m 21.2% 6m
RCKH20_003 3.0m 33.0% 15m (including 1.0m at 42.4% MnO)
RCKH20_005 3.0m 27.5% 13 (including 1.5m at 36.8% MnO)
RCKH20_007 5.0m 23.9% 8m (including 0.5m at 43.9% MnO)
RCKH20_008 2.0m 26.5% 16m
RCKH20_010 4.0m 29.7% 15m (including 1.0m at 41.5% MnO)
RCKH20_011 3.0m 30.8% 18m (including 1.5m at 35.1% MnO)
Figure 1. Map showing progress of drilling as of 8 February, 2021
Drilling Highlights
Holes completed: 38 (42% program completion)
Meters completed: 1,237.5m
Holes sampled: 38
Samples* collected: 1,174 (incl. QA/QC samples)
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Samples* submitted for analysis: 736
Results received from SGS: 368
*RC samples are taken in 0.5m intervals
Appendix 2 – Step-out Exploration Program
Figure 2. Map of the geophysical signature overlaid with the planned 32 holes for the Step-out
Exploration Drilling Program.
The map shows the planned drill locations (white stars) against the backdrop of the Residual
filtered Bouguer Anomaly image taken from the ground gravity survey in 2018.
About Giyani
Giyani Metals Corp. is a mineral resource company focused on the development of its K.Hill,
Lobatse & Otse manganese oxide projects in the Kanye Basin, Botswana, Africa. The Company's
flagship K.Hill Manganese Project is a near-surface deposit currently going through a feasibility
study to produce high-purity electrolytic manganese metal and manganese sulphate, both key
cathode ingredients for batteries in the expanding electric vehicle (EV) market.
Additional information and corporate documents may be found on www.sedar.com and on Giyani
Metals Corp. Website: https://giyanimetals.com/.
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About RotsDrill Explorations
RotsDrill Explorations is a Botswana based drilling services provider with 15 years’ operational
experience in Botswana. The company has a strong track record of delivering services to some
of the country’s biggest mining operations, including Debswana.
About Lambda Tau
Lambda Tau Botswana is a locally based geological services and exploration consulting services
provider, offering services across Southern Africa. For more information visit
https://www.lambdatau.co.za
About Stewardship
Stewardship Drilling is a Namibia-based drilling contractor, with a portfolio of experience working
across Sub-Saharan Africa for clients such as Rio Tinto, De Beers, and the Paladin Group.
.
NI 43-101 Disclosures
Mr. Luhann Theron, MSc., Pr.Sci.Nat. 400184/15 of Lambda Tau last visited the site in December
2020 and is a qualified person, as defined by National Instrument 43-101. Mr. Theron reviewed
and approved the scientific and technical content contained in this press release but is not
independent for the purposes of NI 43-101.
On behalf of the Board of Directors of Giyani Metals Corp.
Robin Birchall, CEO
Contact:
Robin Birchall CEO, Director
+44 7711 313019
Thomas Horton
VP, Business Development
+44 7866 913207
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of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the
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United States or U.S. Persons.
Forward Looking Information
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statements in this news release, other than statements of historical fact, that address events or developments that Giyani
expects to occur, are "forward-looking statements". Forward-looking statements are statements that are not historical facts
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Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors which could
cause actual events or results to differ from those expressed or implied by the forward-looking information, including, without
limitation: inherent exploration hazards and risks; risks related to exploration and development of natural resource properties;
uncertainty in Giyani's ability to obtain funding; commodity price fluctuations; recent market events and conditions; risks related
to the uncertainty of mineral resource calculations and the inclusion of inferred mineral resources in economic estimation; risks
related to governmental regulations; risks related to obtaining necessary licenses and permits; risks related to their business
being subject to environmental laws and regulations; risks related to their mineral properties being subject to prior unregistered
agreements, transfers, or claims and other defects in title; risks relating to competition from larger companies with greater
financial and technical resources; risks relating to the inability to meet financial obligations under agreements to which they
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Giyani's forward-looking information is based on the reasonable beliefs, expectations and opinions of their respective
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reasons set forth above, investors should not place undue reliance on forward-looking information. For a complete discussion
with respect to Giyani and risks associated with forward-looking information and forward-looking statements, please refer to
Giyani's financial statements and related MD&A, all of which are filed on SEDAR at www.sedar.com.