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Further Encouraging Lithium Results, Portugal
Further Encouraging Lithium Results, Portugal.
About this update from Savannah Resources Plc
[{"type":"text","content":"\n \nRNS Number : 1592X Savannah Resources PLC 22 November 2017 \n\n \nSavannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining\n \n22 November 2017\n \nSavannah Resources Plc\nFurther Encouraging Lithium Results Returned from Mina do Barroso Lithium Project, Portugal\n \nSavannah Resources plc (AIM: 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 for the Mina do Barroso Lithium Project ('Mina do Barroso' or the 'Project') in Portugal (Figure 1). The drill programme, which is aimed at defining a JORC - 2012 compliant Mineral Resource Estimate, has returned significant intersections of lithium mineralisation. To view the press release with the illustrative maps and diagrams please use the following link: \nhttp://www.rns-pdf.londonstockexchange.com/rns/1592X_-2017-11-21.pdf\n \n \nHIGHLIGHTS:\n· Completed a further 27 holes for 2,566m with assays for the first 11 holes confirming extensions to the existing mineralisation\n· Reservatorio Deposit: drilling significantly extends lithium mineralisation to over 400m strike length, with good down dip extensions of at least 150m. Results from the second round of drilling to date include:\n- 29m at 1.07% Li₂O from 43m in 17RESRC10\n- 35m at 1.06% Li₂O from 56m in 17RESRC11\n· NOA Deposit: drilling has confirmed the presence of lithium mineralisation over a 100m strike length together with good down dip extensions of at least 50m. Results received to date from the second round of drilling include:\n- 13m at 1.19% Li₂O from 7m in 17NOARC03\n- 11m at 1.23% Li2O from 46m in 17NOARC04\n· The Reservatorio, Grandao and NOA deposits remain open along strike and down dip leaving excellent upside potential for all deposits\n· Maiden Mineral Resource Estimate for Reservatorio expected by the end of 2017 \n· Further mapping at five additional high priority targets, some with significant historical drill intersects, has also commenced to fast track the targets to drilling\n· Phase 2 of ...