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Bullboard - Stock Discussion Forum 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... see more

OTCPK:SAVNF - Post Discussion

Savannah Resources Ord Shs > Savannah updated communication about the project numbers
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Post by ScandiumPower on Jun 21, 2023 6:00am

Savannah updated communication about the project numbers

PROJECT OVERVIEW

The Barroso Lithium Project is located in northern Portugal near the town of Boticas and around 145km by road from the deep-water port of Leixes near the city of Porto. Having taken an initial 75% stake in the Project in May 2017, Savannah secured 100% of the Project in 2019 and expanded the Project, adding the adjacent ‘Aldeia’ Mining Lease Application (3 blocks totalling 2.94km²) to the original granted C-100 Mining Lease (5.42km², valid until 2036, extendable for 20 years). The Project is now well established as Western Europe’s most significant spodumene lithium project.

  • JORC Mineral Resource Estimate for Lithium (June 2023, 0.5% LiO cut-off)
  • Exploration Target for lithium (June 2023)
  • JORC Mineral Resource Estimate for feldspar and quartz (September 2019, no lithium cut­-off grade applied)
  • Scoping Studies
  • Decarbonisation
  • Sales & Financing
  • Expansion potential
  • Market Opportunity
Take a look at: 
https://www.savannahresources.com/project/barroso-lithium-project-portugal/
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