Giyani Announces Update on Activities at its Manganese Projects, Botswana and Filing of Technical Report - Yahoo Finance

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TORONTO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) ("Giyani" or the "Company"), developer of the K.Hill manganese oxide project (“K.Hill Project”) in Botswana, is pleased to announce an update on its exploration program at the southern extension of its K.Hill Project (“K.Hill Extension”) and the filing of an NI 43-101 technical report for the K.Hill Project, including an updated mineral resource estimate (“MRE”).

Highlights

• Completion of a three-hole diamond drilling (“DD”) program to verify the characteristics of the newly discovered mineralized horizon at the K.Hill Extension prior to resource estimation.

• Filing on SEDAR of the technical report for the K.Hill Project and updated MRE announced on September 2, 2021, prepared by SRK Consulting (“SRK”).

Following the discovery of the new mineralized horizon at the K.Hill Extension, the Company commenced a three-hole DD program with the objective of confirming the style of mineralization as well as the orientation and the structure of the orebody. The program was completed on October 12, 2021, with a total of 260m drilled with PQ-sized core.

Geological logging has confirmed that the mineralization style is that of a manganiferous shale, similar to that of the B-Horizon intersected at the main K.Hill ore body approximately 500m to the north. This manganiferous shale horizon confirms that the stratiform...

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