UK Investor Show, London

RNS Number : 8947D
Savannah Resources PLC
03 April 2014
 



Savannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining

3 April 2014

Savannah Resources Plc ('Savannah' or the 'Company')

Presenting at the UK Investor Show, London, 5 April 2014

 

Savannah Resources plc, the AIM listed exploration and development company, advises that it will have an investor exhibition stand at the UK Investor Show at the Queen Elizabeth II Conference Centre, London on Saturday 05 April 2014 and will be presenting at the show at 12.20pm.

 

Savannah's Chief Executive Officer, David Archer, is attending and will be manning Savannah's booth at stand B20.   A copy of the presentation available at the show will also be made available on the Company's website www.savannahresources.com.

 

Savannah is accelerating its evaluation of the Jangamo Heavy Mineral Sands Project, which is located in a world-class mineral sands province in southern Mozambique ('Jangamo' or the 'Project').  Two mineralised dune systems with strike lengths of at least 6km and 10km have been identified to date, which the Company plan to target as they continue to prove up Jangamo's resource potential, with the objective of defining a maiden JORC compliant mineral resource by the end of 2014.

 

**ENDS**

 

For further information please visit www.savannahresources.com or contact:

David Archer

Savannah Resources plc

Tel: +44 20 3664 9330

James Maxwell / Jen Boorer

N+1 Singer

Tel: +44 20 7496 3000

Felicity Edwards/ Charlotte Heap

St Brides Media & Finance Ltd

Tel: +44 20 7236 1177

 

Notes

About Savannah

Savannah Resources Plc (AIM: SAV) is a multi-commodity focussed exploration and development company. Through its 80% ownership of Matilda Minerals Limitada it operates the Jangamo exploration project in a world class mineral sands province in Mozambique which borders Rio Tinto's Mutamba deposit, one of two major deposits Rio Tinto has defined in Mozambique, which collectively have an exploration target of 7-12Bn tonnes at 3-4.5% THM (published in 2008). In addition, Savannah owns an effective 20.9% strategic shareholding in Alecto Minerals Plc (www.alectominerals.com) which provides Savannah with exposure to both the highly prospective Kossanto Gold Project in the prolific Kenieba inlier in Mali, the wholly owned Wad Amour IOCG Project in Mauritania and to the Wayu Boda and Aysid Meketel gold / base metal projects in Ethiopia for which Alecto has a joint venture with Centamin Plc.  Under this joint venture, Centamin Plc is committing up to US$14m in exploration funding to earn up to 70% of each project.  The Company is also evaluating additional opportunities to expand its portfolio and geographical focus.

 


This information is provided by RNS
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