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Outstanding Lithium identified at Mina do Barroso
Outstanding Lithium identified at Mina do Barroso.
About this update from Savannah Resources Plc
[{"type":"text","content":"\n \nRNS Number : 1552Z Savannah Resources PLC 13 December 2017 \n\nSavannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining\n \n13 December 2017\n \nSavannah Resources Plc\nOutstanding Lithium Results identified at the Mina do Barroso Lithium Project, Portugal Zone of continuous lithium mineralisation over 100m in width intersected\n \nSavannah Resources plc (AIM: SAV) ('Savannah' or 'the Company'), the AIM quoted resource development company, is pleased to announce new and outstanding results from the ongoing reverse circulation ('RC') drill programme at the Mina do Barroso Lithium Project ('Mina do Barroso' or the 'Project') located in Portugal (Figure 1). The drill programme, which is aiming to generate 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: http://www.rns-pdf.londonstockexchange.com/rns/1552Z_-2017-12-12.pdf\n \n \nHIGHLIGHTS:\n· Total of 66 holes for 5,558m completed to date as part of the ongoing RC drill programme\n· Drill results from three deposits being targeted confirm the outstanding potential of Mina do Barroso - Savannah believes these intercepts represent some of the best lithium spodumene intersections ever reported for a European deposit\n· Grandao:\no Mineralised zone over 100m intersected: results from recent drilling has recorded the broadest and most significant results for the project to date. Key results include:\n§ 109m at 1.04% Li₂O from surface (uncut), including 52m at 1.32% Li₂O in 17GRARC17\n§ 71m at 1.06% Li₂O from 88m, including 57m at 1.2% Li₂O in 17GRARC19\n§ 31m at 1.2% Li₂O from surface in 17GRARC12\n§ 25m at 1.15% Li₂O from 36m in 17GRARC23\no New high-grade zone discovered: drill testing of a newly identified sub-vertical pegmatite body has been successful, identifying a new high-grade zone of mineralisation. Results from the first drill hole include:\n§ 25m at 1.49% Li₂O from 32m including 14m at 2.1% Li₂O in 17GRARC20 \no Drill programme extended - an additional 16 holes have been added to the drilling programme to help outline the full potential of the Grandao deposit\no Pegmatite and structural experts on s...