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DGAP-Media / 2018-12-20 / 13:51
*Savannah Resources Plc*
*Cooperation Agreement signed with University of Porto and**Laboratorio
Nacional de Energia e Geologia, Mina do Barroso Lithium Project, Portugal *
*Highlights:*
· Savannah has agreed "The Protocol of Cooperation" (Protoclo de
Cooperação) with the Partners ('the Agreement') which formalises the
working relationship and builds upon the fieldwork which has been carried
out to date
· LNEG is a Governmental Research and Development ('R&D') institution
geared towards meeting the needs of society and companies and has
significant experience in the lithium processing technologies
· The Faculty of Sciences of the University of Portowas established in
1911 and has maintained its unique position in providing quality training
in Exact Sciences, Natural Sciences and Mathematics
· This co-operation is illustrative of the high calibre lithium technical
grouping Savannah is establishing in Portugal
Savannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah') or the
'Company'), the AIM quoted resource development company, which is focused on
becoming Europe's most significant producer of lithium spodumene
concentrates from its Portuguese Mina do Barroso Project ('Mina do Barroso'
'MdB' or 'the Project'), is pleased to announce it is working with the
Laboratorio Nacional de Energia e Geologia ('LNEG') and Faculty of Sciences
from the University of Porto ('the Partners') and to date has concluded a
preliminary mineralogy study and a first draft processing flowsheet for the
treatment, recovery and concentration of spodumene from samples of Grandao
and NOA deposits at MdB.
*Savannah's Technical Director, Dale Ferguson said: *"We were delighted to
enter into this Agreement with these two prestigious organisations within
Portugal. Both have strong track records, including that Professor Noronha
of the University of Porto discovered the presence of lithium in Portugal at
the Grandao location around thirty years ago. This Agreement formalises the
work that has been undertaken to date and we believe notable benefits so far
have been achieved for the Project such as the noteworthy metallurgical
outcomes that have been attained.
"ThePortuguese Government supports the development of the lithium industry
in Portugal as evidenced by the recent Government approval in the Council of
Ministers of the 'strategic guidelines for the valorisation of the potential
of lithium minerals in Portugal'".
Please click on the following link to the complete press release:
http://www.savannahresources.com/cms/wp-content/uploads/2018/12/Cooperation-
Agreement-signed-with-University-of-Porto-in-the-advancement-of-the-Mina-do-
Barroso-Lithium-Project-.pdf [1]
For further information please visit www.savannahresources.com [2]or
contact:
David Archer (CEO) Savannah Resources Tel: +44 20 7117
plc 2489
David Hignell / Dugald Northland Capital Tel: +44 20 3861
J. Carlean (Nominated Partners Ltd 6625
Adviser)
Christopher Raggett / finnCap Ltd Tel: +44 20 7220
Camille Gochez (Broker) 0500
Grant Barker (Equity Whitman Howard Tel: +44 020
Adviser) 7659 1225
Charlotte Page / Lottie St Brides Partners Tel: +44 20 7236
Wadham (Financial PR) Ltd 1177
*About Savannah*
Savannah is a diversified resources group (AIM: SAV) with a portfolio of
energy metals projects - lithium in Portugal and copper in Oman - together
with the world-class Mutamba Heavy Mineral Sands Project in Mozambique,
which is being developed in a consortium with the global major Rio Tinto.
The Board is committed to serving the interests of its shareholders and to
delivering outcomes that will improve the lives of our staff and the
communities we work with.
The Company is listed and regulated on AIM and the Company's ordinary shares
are also available on the Quotation Board of the Frankfurt Stock Exchange
(FWB) under the symbol FWB: SAV, and the Börse Stuttgart (SWB) under the
ticker "SAV".
End of Media Release
Issuer: Savannah Resources PLC
2018-12-20 Dissemination of a Press Release, transmitted by DGAP - a service
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(END) Dow Jones Newswires
December 20, 2018 07:51 ET (12:51 GMT)
