For thousands of other reports visit RSC's Mineral Intellingence Map
Savannah Resources Plc
Summary
| Project: | Mina do Barroso | |
|---|---|---|
| Deposit: | Mina do Barroso | |
| Location: | Portugal | |
| Commodities: | Lithium | |
| Date: | 4/25/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-4-2018: Savannah Resources Plc announces an Exploration/Drilling Update report for its Mina do Barroso deposit at the Mina do Barroso project. Drilling results incl. 50m @ 1.18% Li2O from 72m. Savannah Resources plc (AIM: SAV and SWB: SAV) (‘Savannah’ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dale Ferguson (Internal) | |
| ABSTRACT: | Savannah Resources plc (AIM: SAV and SWB: SAV) (‘Savannah’ or the ‘Company’), the AIM quoted resource development company, is pleased to announce further results from the ongoing reverse circulation (‘RC’) drill programme at the Mina do Barroso Lithium Project (‘Mina do Barroso’ or the ‘Project’, located in Portugal (Figure 1). Results for holes 18GRARC66 to 18GRARC78 have now been received. Savannah’s CEO, David Archer said: “We continue to see very encouraging results from the drilling of Grandao Extended which, together with Grandao, are matched by a very low stripping ratio. We believe this highlights the significant expansion potential available at Mina do Barroso as we continue to fast-track the Project towards production.” Grandao A total of 82 drill holes for 6,865m (17GRARC01-82) have been completed and results for drill holes 17GRARC66 to 78 have now been received and returned further encouraging results (Tables 1 and Figure 2-3). Drilling targeting the Exploration Target* to the west and southwest of the main Grandao Deposit has returned further encouraging zones of lithium mineralisation. All holes completed in the area to date have intersected significant mineralisation. | |
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