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Savannah Goldfields Unveils New Exploration Target at Georgetown Project

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Savannah Goldfields Unveils New Exploration Target at Georgetown Project

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

Savannah Goldfields Limited has announced a new gold Exploration Target at the Jubilee Plunger Deposit within its Georgetown Project. This target, estimated to contain between 100,000 and 400,000 tonnes with gold grades of 1.2 to 2.0 g/t, represents a potential extension of previously mined zones. The identification of this target supports Savannah’s strategy to enhance its gold production operations and extend the processing life at its Georgetown plant, as part of its broader efforts to resume mining and processing activities.

More about Laneway Resources Ltd.

Savannah Goldfields Limited is a company operating in the gold mining industry, focusing on identifying and developing gold exploration targets. The company owns the Georgetown Project and employs a ‘Hub and Spoke’ strategy to provide multiple sources of feed into its Georgetown Processing Plant.

Average Trading Volume: 790,055

Technical Sentiment Signal: Sell

Current Market Cap: A$20.55M

See more data about SVG stock on TipRanks’ Stock Analysis page.

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