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Savannah Resources Ord Shs SAVNF

Metals & Mining Industrial Metals & Minerals
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

Savannah Resources Ord Shs > SAV's Statement Regarding Portuguese Public Prosecutor
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Comment by ScandiumPoweron Nov 14, 2023 2:41am
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Post# 35733574

RE:SAV's Statement Regarding Portuguese Public Prosecutor

RE:SAV's Statement Regarding Portuguese Public Prosecutor
Cordeiro making points public today regarding support for lithium

“…In addition, “we had already published the working group for the creation of a center for innovation and valorization of lithium in Boticas”, a municipality that “has strategic projects” in this area. A change was also planned in the “creation of conditions to strengthen the royalties of the territories and create better conditions for the development of lithium in Portugal,” he said.

Later, Duarte Cordeiro said that "for the sake of the future of our country and any government that succeeds us, it is important - especially today, that it serves us all as a lesson - the public distinction between the moment of investigation and the conclusions" that many want to "precipitatedly take".

"The country has laws that regulate environmental impact assessment, entities that are responsible for environmental impact assessments, has registered environmental impact assessment processes and it is important to give credibility and value this," defended the minister

Https://www.jn.pt/3834555390/duarte-cordeiro-espera-que-suspeitas-nao-travem-negocio-do-litio/amp/
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