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Savannah Resources Ord Shs SAVNF

Savannah Resources Plc is a lithium development company. The Company is focused on developing the Barroso Lithium Project in Portugal, Europe's spodumene lithium deposit. The Barroso Lithium Project contains significant spodumene lithium resources in Western Europe, consisting of five deposits, including Grandao, Reservatorio, Pinheiro, NOA and Aldeia. The Barroso Lithium Project is located in northern Portugal near the town of Boticas and around 145 kilometers (km) by road from the deep-water port of Leixoes near the city of Porto. The Barroso Lithium project covers an area of 8.36 square kilometers (km2) in the Barroso hills of northeast Portugal and consists of the C-100 Mining Lease (5.42km2) and an adjacent, three block, mining lease application area (2.94 km2). It owns significant lithium raw material assets within the European Union. By responsibly producing lithium raw material, it actively supports the creation of a new lithium value chain in Portugal and the rest of Europe.


OTCPK:SAVNF - Post by User

Post by ScandiumPoweron Mar 27, 2023 2:56am
142 Views
Post# 35361736

Savannah lithium project: Next steps

Savannah lithium project: Next steps

Submission of the report initiated the 50 business day review period available to APA. Hence APA’s Environmental Impact Statement (‘DIA’) decision is expected on or before 31 May 2023.

Following an initial period of internal review by APA, Savannah expects the EIA, Mine Plan and other supporting documents, which it has submitted, to be made available to the public via the APA website for 10 business days.

After publication of the documents by APA, Savannah will also make public more details of the Project’s revised design, operation and rehabilitation and closure of the Project.

If APA reaches a positive DIA decision:

  • Savannah expects the decision to set certain design and operating conditions for the Project
  • Savannah expects to be given 10 business days to consider the conditions set in the proposed decision

If Savannah accepts the conditions set in the decision, the environmental licencing process could then continue alongside work on the Project’s Definitive Feasibility Study. Savannah would expect the Project to receive its Environmental Licence in 2024

https://www.savannahresources.com/project/environmental-impact-assessment/

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