The AIM-listed miner said RC and DD at the Grandao and Grandao Extended Deposits (GED) had identified “significant expansions to the mineralised pegmatite bodies”, with the expansion at GED supporting further increases to the existing resource estimate of 14 Mt at 1.1% Lithium Oxide.
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The group added that a second diamond drill rig was now on site to support a fast-tracked feasibility study currently being undertaken by Perth-based Lithium specialists Primero Group.
David Archer, Savannah’s chief executive, said: "The drill programme continues to produce outstanding results both in terms of widths and lithium grades. Zones in the main Grandao Deposit are thickening and drilling is also extending the deposit down dip, giving us the confidence of the potential to increase the Project's Mineral Resource Estimate.”