Savannah boosted by high-grade lithium results in Portugal

Savannah Resources, the AIM quoted resource development company, has announced positive results from its drill programme at the Mina do Barroso Lithium Project in Portugal.

Savannah believes the intercepts represent some of the best lithium spodumene intersections ever reported for a European deposit. 

Commenting on the results Savannah's CEO, David Archer said: "The results highlight the potential of the extensive pegmatite systems in the northern part of Portugal to host major deposits of lithium.

"The results from Grandao are particularly exciting as there are some exceptional widths and high-grades reported and the geometry of what we are seeing suggests that there is potential for a low stripping ratio, open-cut mine development.

He added: “It is important to remember that all of the results are from deposit areas for which we have a granted mining lease.