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High Quality VMS Copper Drill Targets Identified
High Quality VMS Copper Drill Targets Identified.
About this update from Savannah Resources Plc
[{"type":"text","content":"\n \nRNS Number : 3619R Savannah Resources PLC 11 September 2014 \n \n\nSavannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining\n11 September 2014\nSavannah Resources Plc\nHigh Quality VMS Copper Drill Targets Identified in Block 5, Oman\n \nSavannah Resources plc (AIM: SAV) announces that field reconnaissance of high priority Versatile Time Domain Electromagnetic Survey ('VTEM') targets at the Company's prospective Block 5 Copper Project, located in the strongly mineralised Semail Ophiolite Belt in northern Oman, has identified a number of high quality drill targets within the vicinity of the Sarami Prospect. It is the Company's intention to fast track exploration at Block 5 towards drilling by the end of 2014. To view the release with the illustrations please use the following link:\nhttp://www.rns-pdf.londonstockexchange.com/rns/3619R_-2014-9-10.pdf \n \nHighlights:\n \n· Systematic field checking of identified VTEM anomalies (as announced on 1 September 2014) within Block 5 and 6 has commenced\n· Initial ground reconnaissance of VTEM targets at the Sarami West Prospect has highlighted three high priority VTEM anomalies located on the key Geotime/Lasail geological contact - the most mineralised contact within the Oman Ophiolite Belt \n· Significantly, umber units which represent a significant time break to allow potential VMS deposits to form were also noted at these contacts\n· Sarami West VTEM anomalies are in the vicinity of known VMS mineralisation and are untested \n· The SW3 anomaly at Sarami West Prospect is larger and of similar intensity to the nearby Mahab 4 copper deposit anomaly (existing Indicated and Inferred Mineral Resource of 1.7Mt @ 2.2% copper)\n· Field operations are currently underway to define high quality exploration targets for drilling before the end of 2014\n· Block 5 with Block 6 forms part of a wider project area covering 870km² of the highly prospective copper-rich Semail Ophiolite belt in the Sultanate of Oman - proven to host clusters of moderate to high grade copper VMS deposits \n· The Sultanate of Oman is a modern Middle Eastern country with excellent infrastructure, low fuel costs and a favourable fiscal...