Savannah Resources PLC Investor Evening
April 19 2016 - 1:01AM
RNS Non-Regulatory
TIDMSAV
Savannah Resources PLC
19 April 2016
Savannah Resources Plc / Index: AIM / Epic: SAV / Sector:
Mining
19 April 2016
Savannah Resources Plc
Investor Evening
Savannah Resources plc (AIM: SAV) ('Savannah' or 'the Company'),
the AIM quoted resource development company, is pleased to announce
that it will be holding an investor evening at 6.00pm on Thursday
12 May 2016 at The Chesterfield Mayfair Hotel, 35 Charles Street,
London, W1J 5EB.
At the event, Savannah Resources' Chief Executive Officer, Mr
David Archer, will provide an update on the Company's Oman copper
projects and the Mutamba/Jangamo Heavy Mineral Sands Project in
Mozambique.
To register for a place at the event or for more information
please email info@savannahresources.com referencing 'Investor
Event' as the subject line. Please submit any interest in attending
by Monday 9 May 2016.
**ENDS**
For further information please visit www.savannahresources.com
or contact:
David Archer Savannah Resources Tel: +44 20
plc 7117 2489
David Hignell / Gerry Northland Capital Tel: +44 20
Beaney (Nominated Partners Ltd 3861 6625
Adviser)
Jon Belliss / Elliot Beaufort Securities Tel: +44 20
Hance Ltd 7382 8300
(Corporate Broker)
Charlotte Heap / St Brides Partners Tel: +44 20
Lottie Brocklehurst Ltd 7236 1177
Notes
Savannah Resources Plc (AIM: SAV) is a growth oriented,
multi-commodity, development company.
Savannah has agreed to acquire 100% of Matilda Minerals Limitada
which currently operates the Jangamo exploration project, and has
agreed with Rio Tinto to form a joint venture in Mozambique to
develop the combined Mutamba/Jangamo Project. Formation of the
joint venture remains subject to approval by the Ministry of
Mineral Resources and Energy of the Republic of Mozambique. Jangamo
has a 65Mt Inferred Mineral Resource @4.2% total heavy minerals
("THM") at a 2.5% cut-off grade. The Mutamba, Dongane and Chilubane
deposits have a combined exploration target of 7-12Bn tonnes at
3-4.5% THM (published in 2008).
Savannah has interests in three copper blocks in the highly
prospective Semail Ophiolite Belt in Oman. The projects, which have
an Indicated and Inferred Mineral Resource of 1.7Mt @ 2.2% copper
and high grade intercepts of up to 56.35m at 6.21% Cu, with
additional gold upside potential, provide Savannah with an
excellent opportunity to potentially evolve into a mid-tier copper
and gold producer in a relatively short time frame. Together with
its Omani partners, Savannah aims to outline further mineral
resources to provide the critical mass for a central operating
plant to develop the deposits, and in December 2015 outlined
exploration targets of between 10,700,000 and 29,250,000 tonnes
grading between 1.4% and 2.4% copper.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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