Covette Property, Quebec

Saville Resources' Covette Property, which consists of 65 mineral claims totaling approximately 3,370 ha, is located in Quebec's James Bay region, 190 km east of Radisson, QC. Geologically, a greenstone belt underlies the region, comprised of various mafic to ultramafic rock units considered prospective for base and precious metals (Ni-Cu-Co-PGE-Au-Ag), as well as pegmatite hosted rare metals (Li-Ta). Historically, the property area has been subject to only limited exploration, which focused primarily on prospecting and sampling. Historic sampling results include the pegmatite/ amphibolite Clothilde Showing where 4.7% Mo, 0.73% Bi, 0.09% Pb, and 6.0 g/t Ag, as well as 1.2 g/t Ag and 0.18% Cu were returned from two grab samples, respectively.

In late 2016, a Versatile Time Domain Electromagnetic (VTEM) survey was completed over the property by Geotech Ltd. The VTEM survey identified several high-priority electromagnetic (EM) conductors coincident with strong and distinct magnetic high anomalies, as well a broad and large coincident EM and magnetic high anomaly. In Q3 2017 a ground prospecting program yielded samples returning assays of 0.18 nickel, 0.09% copper, and 87 ppm cobalt. The ground work and surface sampling was not sufficient to explain the source of the VTEM anomalies, and collectively, appear to indicate a source at depth.

In 2018 Saville organized an exploration team for a reconnaissance program where a new zone of surface mineralization was discovered directly above the area of high conductivity identified by the 2016 VTEM survey. Eight samples were taken along a visible ~200-meter strike length of what is described as an oxidized silicified foliated amphibolitic rock unit. The best of the samples was sample 4289 that assayed 1.2% zinc and 68.7 g/t silver. Samples 4284-4286 returned elevated values of 0.13% to 0.19% nickel.

In early 2019 Saville Resources entered into an option agreement to sell its 100% interest in the Covette property to Astorius Resources Ltd.

Saville Resources’ Covette Property, showing locations sampled during 2018 field work