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Savannah Resources’ Grandao lithium deposit ‘continues to grow’

David Archer, chief executive of Savannah Resources Plc (LON:SAV), tells Proactive Investors they're seeing continued encouraging results from their ongoing reverse circulation and diamond drill programme at the Mina do Barroso project in Portugal.

He says they've identified 'significant expansions to the mineralised pegmatite bodies' at the Grandao and Grandao Extended Deposits.

A second diamond drill rig is now on site to support a fast-tracked feasibility study currently being undertaken by Perth-based Lithium specialists Primero Group.

Quick facts: Savannah Resources PLC

Price: 2.396 GBX

AIM:SAV
Market: AIM
Market Cap: £31.09 m
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Savannah Resources appoints Primero Group to lead Mino do Barroso...

Savannah Resources Plc (LON:SAV) has appointed experienced lithium consulting engineer Primero Group to lead the feasibility study for the development of the Mina do Barroso lithium project in Portugal. CEO David Archer says the study will build on the scoping study completed in June this...

on 24/7/18

2 min read