Savannah Resources Regulatory News (SAV)

Savannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining

12 May 2016

Savannah Resources Plc

New Corporate Presentation

Savannah Resources plc (AIM: SAV) ('Savannah' or 'the Company'), the AIM quoted resource development company with copper and gold interests in Oman and a heavy mineral sands project in Mozambique, is pleased to announce that a new corporate presentation is now available to view on the Company's website www.savannahresources.com. This presentation will be used by Chief Executive Officer David Archer to provide investors with an update on the Company's copper/gold projects in Oman and the Mutamba/Jangamo Heavy Mineral Sands Project in Mozambique at the investor event being held later this evening at 6pm at The Chesterfield Mayfair Hotel, 35 Charles Street, London, W1J 5EB. 

**ENDS**

For further information please visit www.savannahresources.com follow us on Twitter @SavannahRes or contact:

Notes

Savannah Resources Plc (AIM: SAV) is a growth oriented, multi-commodity, development company.

Savannah has agreed to acquire 100% of Matilda Minerals Limitada which currently operates the Jangamo exploration project, and has agreed with Rio Tinto to form a joint venture in Mozambique to develop the combined Mutamba/Jangamo Project. Formation of the joint venture remains subject to approval by the Ministry of Mineral Resources and Energy of the Republic of Mozambique. Jangamo has a 65Mt Inferred Mineral Resource @4.2% total heavy minerals ("THM") at a 2.5% cut-off grade. The Mutamba, Dongane and Chilubane deposits have a combined exploration target of 7-12Bn tonnes at 3-4.5% THM (published in 2008).

Savannah has interests in three copper blocks in the highly prospective Semail Ophiolite Belt in Oman. The projects, which have an Indicated and Inferred Mineral Resource of 1.7Mt @ 2.2% copper and high grade intercepts of up to 56.35m at 6.21% Cu, with additional gold upside potential, provide Savannah with an excellent opportunity to potentially evolve into a mid-tier copper and gold producer in a relatively short time frame. Together with its Omani partners, Savannah aims to outline further mineral resources to provide the critical mass for a central operating plant to develop the deposits, and in December 2015 outlined exploration targets of between 10,700,000 and 29,250,000 tonnes grading between 1.4% and 2.4% copper.