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The latest update is out from Laneway Resources Ltd. ( (AU:SVG) ).
Savannah Goldfields has resumed gold processing at its Georgetown Gold Processing Plant after completing planned maintenance ahead of schedule, with mills restarting on 27 March and gold production and sales continuing throughout March. The plant is currently treating stockpiled Big Ben ore averaging 1.4 grams per tonne gold, supported by more than 17,000 tonnes of crushed and uncrushed material on the run-of-mine pad and additional higher-grade rockpile material identified for future processing.
March production delivered 5.022 kilograms of doré with confirmed output of 241.7 ounces of gold and 72.7 ounces of silver, taking the current campaign’s tally since November 2025 to 1,465.4 ounces of gold and 878.6 ounces of silver, with final figures for a late-March pour still pending. Operationally, the company is preparing to mine an interim pit at Big Reef from mid-April to supply the plant through May, plans to return to Big Ben ore in June, and is targeting a Q2 2026 restart of mining and ore haulage from Agate Creek once an amended environmental authority is granted, while also evaluating further open pit and potential underground mining at its Electric Light and Red Dam deposits to extend feed sources for the plant.
The most recent analyst rating on (AU:SVG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Laneway Resources Ltd. stock, see the AU:SVG Stock Forecast page.
More about Laneway Resources Ltd.
Savannah Goldfields Limited is an Australian gold producer focused on developing and operating gold projects in Far North Queensland. Its core assets include the Georgetown Gold Project and associated tenements, where the company operates the Georgetown Gold Processing Plant to treat ore from deposits such as Big Ben, Big Reef, Agate Creek, Electric Light and Red Dam.
Average Trading Volume: 4,581,182
Technical Sentiment Signal: Sell
Current Market Cap: A$23.56M
For a thorough assessment of SVG stock, go to TipRanks’ Stock Analysis page.