Saville Resources Completes Three Drill Holes at its Niobium Claim Group Property, Quebec
1450, 789 West Pender Street
Vancouver, BC V6C 1H2
t. 604 681 1568
www.savilleres.com
Saville Resources Completes Three Drill Holes at its Niobium Claim Group Property,
Quebec
September 01, 2022 – Saville Resources Inc. (TSXv: SRE, FSE: S0J) (the “Company” or “Saville”) is pleased
to provide an update on its diamond drill program currently underway at its Niobium Claim Group
Property (the “Property”), located in northern Quebec.
The Company has recently completed its third and final drill hole of the 2022 program, totalling
approximately 603 m (core not fully processed). All three (3) drill holes were completed at the Mallard
Prospect as follow-up to the high -grade niobium mineralization returned from drilling in 2021 ( 0.82%
Nb2O5 over 42.3 m, including 1.00% Nb2O5 over 17.1 m, in drill hole EC21-175) and in 2019 (0.80% Nb2O5
over 31.5 m , including 1. 36% Nb2O5 over 4.5 m, in drill hole EC 19-174A) – see news releases dated
November 1st, 2021, and June 11th, 2019, respectively. The 2022 drill holes were completed as step-backs
to EC21-175 and EC19-174A to test the mineralized horizons at depth.
Mallard is the most advanced prospect on the Property and is characterized by a series of sub -parallel,
elongate, moderate to steeply dipping, n orthwest trending mineralized horizons that extend from
surface and remain open in all directions. Pyrochlore and columbite are the dominant niobium minerals
present at Mallard, with mineralogy completed to date indicating grain sizes ranging from 0.03 mm to 3
mm and commonly between 0.05 mm and 0.4 mm. Secondary commodities of interest at Mallard include
tantalum, phosphate, and fluorspar .
The Company is carrying-out its program concurrently with the drill program of Commerce Resources
Corp. on the Ashram Deposit located proximal. Core processing is currently underway on site with
samples expected to be shipped shortly to Activation Laboratories in Ancaster, ON, for geochemical
analysis.
The program is being managed by Dahrouge Geological C onsulting Ltd. with Canadian offices in
Edmonton, AB, and Montreal, QC, and drilling carried out by Forage Fusion Drilling of Hawkesbury, ON.
NI 43-101 Disclosure
Darren L. Smith, M.Sc., P .Geo., Dahrouge Geological Consulting Ltd., a Permit holder with the Ordre des
Géologues du Québec and Qualified Person as defined by National Instrument 43 -101, supervised the
preparation of the technical information in this news release.
About Saville Resources Inc.
The Company’s principal asset is the Niobium Claim Group Property, situated within the central Labrador
Trough, Quebec, and currently under Earn -In Agreement from Commerce Resources Corp. for up to a
75% interes t. The Property consists of 26 contiguous mineral claims, encompassing an area of
approximately 1,223 hectares, and is considered prospective for niobium, tantalum, phosphate, and
fluorspar . The Property includes the Miranna Prospect, where prior boulder sampling in the area has
returned 5.9% Nb2O5 and 1,220 ppm Ta2O5, as well as the Mallard Prospect where drilling has returned
wide intercepts of mineralization, including 1.00% Nb 2O5 over 17.1 m, within a larger interval of 0.82%
Nb2O5 over 42.3 m (EC21-175).
On Behalf of the Board of Directors
SAVILLE RESOURCES INC.
“Mike Hodge”
Mike Hodge
President
Tel: 604.681.1568
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward -looking information which is subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ from those projected in the forward -looking statements. Forward
looking statements in this press release include our plans to drill at the Ashram project and expected timing, that the overlap
of the two programs is expected to result in significant cost savings through shared drill rig mobilization, camp operation, and
other mut ual program support costs; and that there is potential for high -grade and wider widths where conditions are
favourable. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could
change or prevent these statements from coming to fruition include changing costs for mining and processing; increased
capital costs; the potential inability of the Company to finance its plans; the timing and content of upcoming work programs;
geological interpretations based on drilling that may change with more detailed information; potential process methods and
mineral recoveries assumption based on limited test work and by comparison to what are considered analogous deposits that
with further test work may not be comparable; the availability of labour, equipment and markets for the products produced;
and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot
be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The
forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to
update or revise such information to reflect new events or circumstances, except as required by law.