Business
Update on Fieldwork and Other Activities
Update on Fieldwork and Other Activities.
About this update from Savannah Resources Plc
[{"type":"text","content":"\n\n \n \n5 December 2023\n \nSavannah Resources Plc\n(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah', or the 'Company')\n \nUpdate on Fieldwork and Other Activities\n \nSavannah Resources Plc, the developer of the Barroso Lithium Project (the 'Project') in Portugal, Europe's largest spodumene lithium deposit, is pleased to provide an update on a number of workstreams as it continues to advance the Project.\n \nDefinitive Feasibility Study ('DFS'):\n \nDrilling:\n· The Company is on track with the first phase of its 2023/24 drilling programme, despite an extended period of bad weather. As of 30 November, Savannah has completed 24 (1,533 m) of the planned 60 holes (3,235m).\n· Infill drilling for future JORC Resource ('Resource') upgrades has been completed at the NOA orebody with the rigs now working at Reservatorio.\n· In total 4 rigs are working across the Project on Resource, hydrogeological, metallurgical and geotechnical related drilling campaigns.\n· Assay results from the Resource related drilling will be reported in due course with Savannah expecting to start publishing updated Resource estimations on a deposit by deposit basis from Q1 2024.\nDesign Work & Metallurgy:\n· Design work: Savannah's team and its consultants are advancing work on final designs for the Project's working areas, processing plant and infrastructure. Various minor optimisations are being made at the Project to implement the latest learnings from the Australia lithium industry.\n· Metallurgy: Samples from the drilling campaign will be used by consultants, Minsol, to further refine plant operatin...