Last checked at 6 May 2015 13:30
Savannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining
6 May 2015
Savannah Resources Plc
New Corporate Presentation and Attendance at Proactive Investors One2One Investor Forum
Savannah Resources plc (AIM: SAV) ('Savannah' or the 'Company') is pleased to announce that David Archer, CEO, will present an overview of the Company and its current activities, which includes copper and gold exploration in Oman and heavy mineral sands exploration in Mozambique, at the Proactive Investors One2One Forum on Wednesday 6 May 2015.
No new material information will be provided but a new corporate presentation will be made available on Savannah's website: www.savannahresources.com. David Archer will also be available to speak with individual investors after the formal presentations.
The event will take place between 6.00 pm and 8.00 pm in the Charles Suite of the Chesterfield Mayfair Hotel, 35 Charles Street, London, W1J 5EB. Further information, including registration details, can be found on the Proactive Investors website: http://www.proactiveinvestors.co.uk/register/event_details/272
**ENDS**
For further information please visit www.savannahresources.com or contact:
David Archer | Savannah Resources plc | Tel: +44 20 7389 5019 |
Samantha Harrison (Nominated Adviser) Charlie Cryer (Corporate Broker) | RFC Ambrian Limited | Tel: +44 20 3440 6800 |
Felicity Edwards/ Charlotte Heap | St Brides Partners Ltd | Tel: +44 20 7236 1177 |
Notes
Savannah Resources Plc (AIM: SAV) is a growth oriented, multi-commodity, exploration and development company.
It has an 80% shareholding in Matilda Minerals Limitada which operates the Jangamo exploration project. On 31 December 2014 Savannah announced maiden, 65Mt Inferred Mineral Resource @4.2% total heavy minerals ("THM") at a 2.5% cut-off grade for Jangamo The project is located in a world class mineral sands province in Mozambique which borders Rio Tinto's Mutamba deposit, one of two major deposits Rio Tinto has defined in Mozambique, which collectively have an 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, provide Savannah with an excellent opportunity to potentially evolve into a mid-tier copper 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.