Savannah Resources PLC: Further Zones of Lithium Mineralisation Identified at the Grandao and Pinheiro Deposits Mina do Barroso Lithium Project ('MdB' or 'the Project'), Portugal

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DGAP-Media / 2018-12-20 / 13:57 
 
*Savannah Resources Plc* 
 
*Further Zones of Lithium Mineralisation Identified at the Grandao and 
Pinheiro Deposits* 
*Mina do Barroso Lithium Project ('MdB' or 'the Project'), Portugal* 
 
*HIGHLIGHTS:* 
 
  · *Reverse Circulation ('RC') and diamond drilling at both the Grandao and 
  Pinheiro Deposits has returned a series of significant lithium 
  intersections, confirming the potential of the project area* 
 
  · *Key lithium intersections at Grandao include:* 
 
    · *22.9m at 1.05% Li**2**O from 84.1m in 18GRADD010* 
 
    · *29.55m at 1.67% Li**2**O**from 95.45m in 18GRADD011* 
 
    · *53.6m at 1.41% Li**2**O from 65m in 18GRADD014** 
 
    · *20.7m at 1.21% Li**2**O from 41.5m in18GRADD017*** 
 
    · *28m at 1.17% Li**2**O from 15m in 18GRARC118* 
 
    · *18m at 1.47% Li**2**O from 39m in 18GRARC119* 
 
    · *27m at 1.41% Li**2**O from 36m in 18GRARC120* 
 
  · *Key Lithium intersections at Pinheiro include:* 
 
    · *9m at 1.05% Li**2**O from 39m in 18PNRRC012* 
 
    · *27m at 0.91% Li**2**O from 57m in 18PNRRC017* 
 
  · Drilling continues to expand both the Grandao and Pinheiro deposits with 
  lithium mineralisation confirmed over significant strike lengths and 
  grades at the Grandao deposit increasing with depth 
 
  · RC drilling will commence on the Aldeia ground in early 2019 
 
  · RC and diamond drilling at the project now total 295 holes for 24,723m 
 
  · Phase 3 of the metallurgical test-work programme continues and is 
  scheduled to be completed early next year 
 
  · Drilling operations will take a break over the Christmas and New Year 
  holiday for maintenance and crew holidays 
 
*Twin of 18GRARC105 for metallurgical purposes 
**Twin of 18GRARC63 for metallurgical purposes 
 
Savannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah' or the 
'Company'), the resource development company, is pleased to announce further 
results from the ongoing reverse circulation and diamond drilling programme 
at the Mina do Barroso Lithium Project, located in northern Portugal 
*(Figure 1).* 
*Savannah's CEO, David Archer said**:*"The ongoing drilling programme at 
Mina do Barroso continues to define excellent widths and grades of lithium 
mineralisation at both the Grandao and Pinheiro deposits. Thanks to much of 
the resource definition work and geotechnical drilling to support the 
definitive feasibility study being largely complete, we anticipate a slower 
drilling tempo at the C-100 Mining Lease in 2019. 
 
"Over the past months we have had three drill rigs on site and we will be 
looking to work with the RC rig and only one diamond rig next year. In 2019, 
we plan for the RC rig to initially drill test the Aldeia ground whereas the 
diamond rig will focus on obtaining material for the ongoing metallurgical 
test-work programme as well as some geotechnical drilling. 
 
"The year 2018 has been exceptional for the metres drilled and the resource 
defined in such a quick time and we look forward to continuing excellent 
progress for the Project next year." 
 
Please click on the following link to the complete press release: 
http://www.savannahresources.com/cms/wp-content/uploads/2018/12/Further-Zone 
s-of-Lithium-Mineralisation-Identified-at-the-Grandao-and-Pinheiro-Deposits- 
1.pdf [1] 
 
For further information please visit www.savannahresources.com [2]or 
contact: 
 
David Archer (CEO)       Savannah Resources    Tel: [phone] 
                         plc                   2489 
David Hignell / Dugald   Northland Capital     Tel: [phone] 
J. Carlean (Nominated    Partners Ltd          6625 
Adviser) 
Christopher Raggett /    finnCap Ltd           Tel: [phone] 
Camille Gochez (Broker)                        0500 
Grant Barker (Equity     Whitman Howard        Tel: +44 020 
Adviser)                                       7659 1225 
Charlotte Page / Lottie  St Brides Partners    Tel: [phone] 
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". 
 
Ende der Pressemitteilung 
 
Emittent/Herausgeber: Savannah Resources PLC 
 
2018-12-20 Veröffentlichung einer Pressemitteilung, übermittelt durch DGAP - 
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760977 2018-12-20 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=dede57b5274b44894b0c429bbee6108d&application_id=760977&site_id=vwd&application_name=news 
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=8fc7c21be232c3d683d55d027ddc4129&application_id=760977&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

December 20, 2018 07:57 ET (12:57 GMT)