Savannah Resources: ground electromagnetic survey completed in Oman

PUBLISHED: Dec 30 2014 @ 17:34 | Comments (0) |

Ground Electromagnetic Survey Completed on Blocks 4 and 5 Copper Targets, Oman

Savannah Resources (AIM:SAV) has said that it has competed a ground electromagnetic survey, at Blocks 4 and 5 Copper Projects, located in the mineral rich Oman Ophiolite belt. This work is the precursor to drilling over a series of high priority copper targets which is targeted to begin Q1 2015.

HIGHLIGHTS:

· A ground electromagnetic survey has been completed over Versatile Time Domain Electromagnetic Surveying targets
· VTEM anomalies were surveyed at Sarami West (Block 5), Wadi Ahin (Block 5) and one at the Ghayth Prospect (Block 4)
· Results from the EM survey targeted for release in January 2015 which, together with other key data layers, will be used to target drill holes to test the anomalies for VMS copper mineralisation
· Tenders are now being sought for a 2,000m diamond drilling programme expected to commence in Q1 2015

Savannah’s CEO, David Archer said, “Our exploration campaigns in Oman are progressing well and on target with the timely completion of the EM programme over the Block 5 VTEM targets and the expansion of the survey to include a promising target on Block 4. The data processing is underway and the conclusions from the analysis of the EM data will be released in January 2015. However, based on what we have already seen from the EM, we are going out to tender a 2,000m diamond drilling programme which is expected to commence early in Q1 2015.

“In 2015, we will be accelerating the tempo of our exploration activities on Blocks 4, 5 and 6 with tenders also being sought for an extensive airborne VTEM survey over the newly acquired Block 4 project.”

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