For thousands of other reports visit RSC's Mineral Intellingence Map
Savannah Resources Plc
Summary
| Project: | Mina do Barroso | |
|---|---|---|
| Deposit: | Grandao | |
| Location: | Portugal | |
| Commodities: | Lithium | |
| Date: | 3/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-3-2019: Savannah Resources Plc announces an Exploration/Drilling Update report for its Grandao deposit at the Mina do Barroso project. Drilling results incl. 21m @ 1.50% Li2O from 34m. Savannah's CEO, David Archer said: "The discovery of this new higher | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dale Ferguson (Internal) | |
| ABSTRACT: | Savannah's CEO, David Archer said: "The discovery of this new higher grade Aldeia Block A pegmatite is likely to add further tonnage to the overall Mineral Resource inventory of the Mina do Barroso Project, which currently stands at 20.1Mt with low impurities. The Block A lithium mineralisation is both close to surface and shows excellent grades. These excellent results mean we will now look to incorporate these deposits as part of the early mining schedule of a potential mine development. Following our drilling success both from Aldeia Block A and Pinheiro, we will look to broaden the scope of the mine planning for the current Definitive Feasibility Study to incorporate both deposits. This will include further resource definition drilling and metallurgical test work. This extra work will mean that the completion of the DFS will extend into the second half of the year. The Block A and Pinheiro deposits have the potential to extend the current mine life of 11 years and to provide a long-life, base load feed of spodumene lithium for a potential lithium refinery in Europe. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report