The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Savannah Resources Gets Positive Tests From Portuguese Lithium Project

Thu, 14th Nov 2019 15:02

(Alliance News) - Savannah Resources PLC on Thursday said the ongoing metallurgical test work programme at Mina do Barroso project in Portugal continues to successfully produce saleable grades of spodumene lithium concentrate with excellent recoveries.

The London-based resource company, which also has operations in Oman and Mozambique, said it has produced high-quality spodumene concentrates from the Grandao, Pinheiro and Aldeia deposits at the Mina do Barroso project, using a "whole of ore flotation" process developed during the previous test work programmes.

At Grandao deposit, the company found 76% lithium concentrate recovery and 6% concentrate grades from fresh samples. The Pinheiro and Aldeia deposits saw lithium concentrate recoveries in excess of 77% and 73%, respectively.

Savannah Resources said significant scope remains to further optimise and improve upon the test results which the company is doing through its ongoing test work programmes

Savannah Resources shares were down 0.2% at 2.40 pence each in London on Thursday afternoon.

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

Related Shares

More News
17 May 2024 14:20

IN BRIEF: Savannah Energy still suspended amid South Sudan acquisition

Savannah Energy PLC - energy company focused on projects in Africa - Says that its shares remain suspended as it completes the "various workstreams" a...

3 May 2024 20:10

TRADING UPDATES: Eqtec trading in line; Surface Transforms fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by A...

15 Apr 2024 11:49

EARNINGS: Mobeus VCT has good 2023; Itaconix, Engage XR narrow losses

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News:

9 Apr 2024 16:04

TRADING UPDATES: Beowulf consolidates Vardar; GIF outpaces benchmark

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

12 Mar 2024 14:21

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 ...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.