12:09:56 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
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Saville Resources Inc (2)
Symbol SRE
Shares Issued 101,846,567
Close 2023-09-11 C$ 0.01
Market Cap C$ 1,018,466
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Saville director Deol resigns; Bottomley appointed

2023-09-18 16:48 ET - News Release

Mr. Mike Hodge reports

SAVILLE RESOURCES ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

Saville Resources Inc. has made changes to its board of directors. 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 is pleased to announce the appointment of Kevin Bottomley as a new director. Mr. Bottomley brings with him a wealth of experience in the mineral exploration industry and has held various leadership roles in prominent mining companies. His expertise and vision align well with Saville's goals, and the company looks forward to benefiting from his guidance in the coming years.

Mike Hodge, president of Saville, commented: "While we are saddened to see Mr. Deol depart, we are excited to welcome Mr. Bottomley to our team. His vast experience and industry knowledge will undoubtedly be an asset to Saville as we continue our exploration and development endeavours."

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 an earn-in agreement from Commerce Resources Corp. for an up-to-75-per-cent interest. 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 target, where prior boulder sampling in the area has returned 5.9 per cent Nb2O5 and 1,220 parts per million Ta2O5, as well as the Mallard prospect, where drilling has returned wide intercepts of mineralization, including 1.00 per cent Nb2O5 over 17.1 metres, within a larger interval of 0.82 per cent Nb2O5 over 42.3 metres (EC21-175).

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