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Savannah Resources ( (GB:SAV) ) has issued an announcement.
Savannah Resources has announced the initial assay results from Phase 2 of its Definitive Feasibility Study drilling program at the Barroso Lithium Project. The results indicate higher-grade lithium mineralization at the Pinheiro deposit, with significant intersections also found at Reservatório and Grandão. These findings support the existing geological models and suggest potential for resource expansion, enhancing the project’s future prospects and Savannah’s position in the lithium market.
More about Savannah Resources
Savannah Resources Plc is a company focused on the development of the Barroso Lithium Project in Portugal, which is recognized as Europe’s largest spodumene lithium deposit. The company is engaged in resource definition, geotechnical, and metallurgical drilling to advance its lithium project.
YTD Price Performance: 8.05%
Average Trading Volume: 2,385,079
Technical Sentiment Signal: Sell
Current Market Cap: £102.1M
See more data about SAV stock on TipRanks’ Stock Analysis page.