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Savannah Resources David Archer “very encouraged” by copper results in Oman, and talks lithium assets in Finland

Savannah Resources Plc (LON:SAV) boss David Archer is very encouraged about new exploration results which show extensions to high grade copper deposits in Oman.
“I think what it tells us is we are continuing to expand resources on the high grade Mahab 4 and Maqail South deposits,” he said.
He added: “It is really very encouraging, because Mahab 4 and Maqail South will be the initial deposits that we’ll develop.”
Archer highlights that there are more drill results to come as he talks about the ongoing operations.
He also discusses the early indications coming from the group’s lithium project in Finland, as well as the economics of the increasingly in demand metal which is expected be central to future technologies like electric cars.

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Price: 2.398 GBX

Market: AIM
Market Cap: £31.15 m

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