Savannah Resources Plc (AIM: SAV | FWB: SAV | SWB: SAV) is a multi-commodity development company focused on building cash generative and profitable mining operations.
The Company operates a strategic portfolio of assets, spanning near term production potential and longer term development opportunities:
• MINA DO BARROSO, PORTUGAL - opportunity to become the first lithium producer in Europe via fast-paced development strategy
• BLOCK 4 and 5 COPPER BLOCKS, OMAN – Awaiting mining licence - offers near term production potential (Blocks 4 and 5)
• Jangamo / Mutamba Heavy Mineral Sands Project, Mozambique - being developed in partnership with mining major Rio Tinto with a view to building a dry mining operation
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 "SAV", and the Börse Stuttgart (SWB) under the ticker "SAV".
"The ongoing drilling programme at Mina do Barroso continues to define excellent widths and grades of lithium mineralisation at both the Grandao and Pinheiro deposits,” said chief executive David Archer
The AIM-listed resource development company said the production will reduce the volumes of non-saleable material from its Portuguese Mina do Barroso Project that will need to be emplaced on site in contoured and vegetated landforms