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Recommencement of Fieldwork
Savannah Resources Plc has announced the immediate recommencement of fieldwork at its Barroso Lithium Project in Portugal, following a "Reasoned Resolution" from the Portuguese State addressing a precautionary measure. This resolution removes the suspension of a temporary land easement order, allowing the company to complete the final phase of fieldwork before construction. The State's resolution highlights the project's national and European significance, its potential for local job creation and economic growth, and Savannah's compliant conduct during previous fieldwork in 2025. Disclaimer*
About this update from Savannah Resources Plc
29 June 2026 Savannah Resources Plc (AIM: SAV) ('Savannah', or the 'Company') Recommencement of Fieldwork Restart of fieldwork following Portuguese State response to Precautionary Measure Savannah Resources Plc, the developer of the Barroso Lithium Project in Portugal (the 'Project'), a 'Strategic Project' under the European Critical Raw Materials Act and Europe's largest spodumene lithium deposit is pleased to announce that it can restart fieldwork with immediate effect at the Project. This follows the issuance of a 'Reasoned Resolution' (the 'Resolution') by the Portuguese State in response to the expected and anticipated 'precautionary measure' (the 'Measure') entered at the Administrative and Fiscal Court of Mirandela by the Covas do Barroso Baldios (as announced on 9 June 2026). The Company will now reinitiate the field programme and complete the work as planned. The Measure relates to the temporary land easement order (the 'Order') which was approved by the Portuguese State in May 2026 and gives Savannah temporary access to land which it does not own at the Project, for the purposes of conducting the last phase of fieldwork prior to construction. As the State has responded to the Measure with a Reasoned Resolution, the suspension of the Order's effectiveness is removed immediately and fieldwork can resume on the land concerned. In its response to the Measure, the State makes clear through the Resolution : · the Project's national and European significance; · the important role it can play locally with population retention and greater territorial cohesion through job creation and wider economic growth; and · that Savannah completed the work under the first temporary land easement in 2025 in strict compliance with the guidelines and demonstrated willingness to clarify any concerns with ...
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