Savannah Resources PLC
Savannah Resources PLC: Further Lithium Mineralisation Intersected at Grandao Indicates Additional Potential for Resource Expansions and Upgrades, Mina do Barroso Lithium Project, Portugal
DGAP-News: Savannah Resources PLC / Key word(s): Drilling Result Savannah Resources plc (AIM: SAV, FWB: AFM and SWB: SAV) (‘Savannah’ or the ‘Company’), the resource development company, is pleased to announce further results from the ongoing reverse circulation (‘RC’) and diamond core (‘Diamond’) drill programme at the Mina do Barroso Lithium Project (‘the Project’) located in northern Portugal.
HIGHLIGHTS:
Savannah’s CEO, David Archer said: “We continue to see outstanding results from the drilling of Grandao. These results, together with the recent drill results announced on 26 July are being incorporated into our fourth and latest Mineral Resource study, which we hope to be in a position to announce shortly. We believe this study will continue to underpin the significant value potential of our flagship Mina do Barroso lithium project as we continue to advance towards making a development decision next year. “With additional highly prospective targets now also beginning to be tested and positive progress being made as we continue to advance development aspects of the Project, Mina do Barroso continues to deliver, underscoring its increasing strategic significance to the European lithium value chain as Western Europe’s largest spodumene lithium deposit.” To view the full press release use the following link: http://www.rns-pdf.londonstockexchange.com/rns/9069Z_1-2018-9-5.pdf For further information please visit www.savannahresources.com or contact:
About Savannah Savannah is a diversified resources group (AIM: SAV) with a portfolio of energy metals projects – lithium in Portugal and copper in Oman – together with the world-class Mutamba Heavy Mineral Sands Project in Mozambique, which is being developed in a consortium with the global major Rio Tinto. The Board is committed to serving the interests of its shareholders and to delivering outcomes that will improve the lives of our staff and the communities we work with. The Company is listed and regulated on AIM and the Company’s ordinary shares are also available on the Quotation Board of the Frankfurt Stock Exchange (FWB) under the symbol FWB: AFM, and the Börse Stuttgart (SWB) under the ticker “SAV”.
07.09.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
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