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Savannah Goldfields Nears Resumption of Gold Production at Georgetown

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Savannah Goldfields Nears Resumption of Gold Production at Georgetown

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An update from Laneway Resources Ltd. ( (AU:SVG) ) is now available.

Savannah Goldfields Limited is making significant progress towards resuming gold production at its Georgetown Gold Project, with maintenance on the Georgetown Gold Processing Plant proceeding on schedule and within budget. The company is actively transporting gold-bearing material to the plant, with plans to restart production by the end of October, marking a critical step in achieving its operational goals set earlier in the year.

More about Laneway Resources Ltd.

Savannah Goldfields Limited operates in the mining industry, focusing on gold production. The company is primarily engaged in the extraction and processing of gold, with its operations centered around the Georgetown Gold Project in Far North Queensland, Australia.

Average Trading Volume: 7,851,008

Technical Sentiment Signal: Hold

Current Market Cap: A$39.65M

For detailed information about SVG stock, go to TipRanks’ Stock Analysis page.

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