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Pin to quick picksSavannah Resources Share News (SAV)

Share Price Information for Savannah Resources (SAV)

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Share Price: 3.45
Bid: 3.30
Ask: 3.60
Change: -0.10 (-2.82%)
Spread: 0.30 (9.091%)
Open: 3.50
High: 3.50
Low: 3.45
Prev. Close: 3.55
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Savannah begins working with Portuguese study partners

Tue, 18th Dec 2018 16:26

(Sharecast News) - Resource development company Savannah Resources announced on Tuesday that it was now working with the Laboratorio Nacional de Energia e Geologia (LNEG) and Faculty of Sciences from the University of Porto, and had concluded a preliminary mineralogy study and a first draft processing flowsheet for the treatment, recovery and concentration of spodumene from samples of Grandao and NOA deposits at the Mina do Barroso Project (MdB) in Portugal.The AIM-traded firm said it had agreed a 'protocol of cooperation' with the two partners, which formalised the working relationship and built upon the fieldwork which had been carried out to date.It described LNEG as a government research and development institute geared towards meeting "the needs of society and companies", which had significant experience in lithium processing technologies.The Faculty of Sciences of the University of Porto, on the other hand, was established in 1911 and had maintained a "unique position" in providing quality training in exact sciences, natural sciences and mathematics, according to Savannah's board.It said the cooperation was illustrative of the "high calibre" lithium technical grouping it was is establishing in Portugal."We were delighted to enter into this agreement with these two prestigious organisations within Portugal," said Savannah Resources technical director Dale Ferguson."Both have strong track records, including that Professor Noronha of the University of Porto discovered the presence of lithium in Portugal at the Grandao location around 30 years ago."This agreement formalises the work that has been undertaken to date and we believe notable benefits so far have been achieved for the project such as the noteworthy metallurgical outcomes that have been attained."
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Savannah Resources upbeat about drilling results from Pinheiro deposit

(Alliance News) - Savannah Resources PLC on Tuesday reported results from drilling at the Pinheiro deposit in its Barroso lithium project in northern Portugal.

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30 Jan 2024 13:49

Savannah Resources reassured by legal review as Barroso advances

(Alliance News) - Savannah Resources PLC on Tuesday reported continued progress on key workstreams, and "confidently" reaffirmed its legal position in response to the 'Operation Influencer' investigation in Portugal.

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5 Dec 2023 11:36

IN BRIEF: Savannah Resources drill programme on track at Barroso

Savannah Resources PLC - Lithium development company focused on the Barroso project in Portugal - Says it is on track with the first phase of its 2023/2024 drilling programme, despite a period of bad weather. Says that as of November 30, it has completed 24 of the planned 60 holes. Adds infill drilling for future JORC resource upgrades has been completed, with results to be reported "in due course."

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7 Nov 2023 18:18

Savannah Resources continues despite visit from Portuguese officials

(Alliance News) - Savannah Resources PLC on Tuesday said its work is continuing at the Barroso lithium project, whilst Portuguese investigating officials visited some of its sites.

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6 Nov 2023 18:06

IN BRIEF: Savannah Resources sees strong interest in Barroso project

Savannah Resources PLC - lithium development company focused on the Barroso project - Reports commercial interest in the project and its spodumene lithium offtake has been strong for a number of years. To quantify this interest, initiated a strategic partnering process in July, in which interested parties were invited to submit proposals outlining how they could assist Savannah with financing the project's development. Due to the high number of positive responses, appoints Barclays Bank PLC and Barrenjoey as joint financial advisers to lead on the next phase of the process.

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23 Oct 2023 13:33

Savannah Resources begins drilling at flagship Portugal lithium asset

(Alliance News) - Savannah Resources PLC on Monday said that its 2023/24 drilling programme at the Barroso lithium project in Portugal is now underway.

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18 Sep 2023 16:13

IN BRIEF: Savannah Resources not in sale process despite media reports

Savannah Resources PLC - lithium development company - Denies reports from Portuguese press that it is in a sale process. Says it is not in a sale process regarding the Barroso lithium project nor the company itself. Reiterates that on September 6, it had said that it received "significant" commercial interest in the project for several years and that there has been additional interest since the completion of a new positive scoping study. "Savannah is focusing on identifying groups which are willing to assist with the financing of the project's construction and bring complementary skills or additional opportunities to a long-term partnership with Savannah," firm says.

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