Business

More Robust Lithium Intersections, Portugal

More Robust Lithium Intersections, Portugal.

articleSavannah Resources PlcJuly 16, 20183/company/savannah-resources-plc/news/more-robust-lithium-intersections-portugal
More Robust Lithium Intersections, Portugal

About this update from Savannah Resources Plc

[{"type":"text","content":"\n \nRNS Number : 6998U Savannah Resources PLC 16 July 2018  \n\n \n16 July 2018 \n \nSavannah Resources Plc\n \nGrandao Continues to Grow - More Robust Lithium Intersections from the\nMina do Barroso Lithium Project, Portugal\n \nSavannah Resources plc (AIM: SAV and SWB: SAV) ('Savannah' or the 'Company'), the AIM quoted resource development company, is pleased to announce further encouraging results from the ongoing reverse circulation ('RC') and diamond drill ('DD') programme at the Mina do Barroso Lithium Project ('Mina do Barroso' or the 'Project'), located in Portugal (Figure 1).  A total of 181 holes for 15,345m have now been drilled to date across three primary targets of Grandao, Reservatorio and NOA. To view the press release with the illustrative maps and diagrams please use the following link: \nhttp://www.rns-pdf.londonstockexchange.com/rns/6998U_1-2018-7-15.pdf\n \nHIGHLIGHTS:\n·    Ongoing RC and DD at both the Grandao and Reservatorio Deposits has intersected lithium mineralisation over significant widths\n·    Drilling continues to expand the boundaries of the known mineralised pegmatites demonstrating the Project's potential for further increases in the existing 14Mt at 1.1% Li₂O Mineral Resource Estimate\n·    Key results include:\nGrandao and Grandao Extended\n-     25m at 1.56% Li2O from 56m in 18GRARC52 diamond tail\n-     22m at 1.41% Li2O from 54m in 18GRARC51 diamond tail\n-     15m at 1.32% Li2O from 96m in 18GRARC79\n-     25m at 1.05% Li2O from 13m in 18GRARC93\n-     25m at 1.02% Li2O from 21m in 18GRARC99\n-     49m at 1.09% Li2O from 35m in 18GRARC100\n-     20m at 1.42% Li2O from 125m in 18GRARC103\n-     22m at 1.05% Li2O from 19m in 18GRADD01\n-     23.7m at 0.99% Li2O from 17.2m in 18GRADD02\n-     48.9m at 1.33% Li2O from 6.9m and 21m at 1.22% Li2O from 129m in 18GRADD006\nReservatorio\n-     32m at 1.18% Li2O from 36m in 18RESDD02\n-     Diamond drilling was completed primarily to obtain lithium bearing pegmatite for the metallurgical test work programme\n·    Pha...

More updates from Savannah Resources Plc