#Savannah Resources Plc#Rio Tinto#Jangamo#southern Mozambi#Rio Tinto

Savannah Resources Airmagnetic Survey Reveals Minerals Potential

Results of an airmagnetic survey have proved positive for Savannah Resources Plcs heavy mineral sands, 180-square kilometre project in Jangamo, southern...

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|Jun 25|magazine4 min read

Results of an airmagnetic survey have proved positive for Savannah Resources Plc’s heavy mineral sands, 180-square kilometre project in Jangamo, southern Mozambique.

The project is situated within a world-class mineral sands province and is highly prospective for mineral sands including zircon, ilmentie and rutile.

It is situated along an extensive dune system near the village of Jangamo, which is about 350km to the North East of capital Maputo.

The survey’s preliminary results highlight the potential for multiple, multi-kilometre long strandlines within the highly prospective dune systems, and drill testing of the newly identified potential strandlines is underway.

AIM-listed Savannah’s Chief Executive Officer, David Archer said, “We are pleased to report that we continue to deliver on our enunciated milestones and timelines for our Jangamo Project.

"The preliminary airmagnetic results are encouraging and provide us with a better understanding of the prospective dune systems and our drillhole targeting. 

“Significantly, we have identified multiple, multi-kilometre long potential strandlines which represent an excellent opportunity for us to discover high grade HMS within the Project area.

"t is also important to note that most of the potential strandlines were not drilled in either the 2013 or the current scout drilling campaign and that re-worked strandlines are likely to carry higher HMS grades.  Drill testing of these excellent targets is currently underway, while the drill rig is on-site.”

Jangamo is adjacent to Rio Tinto’s major Mutamba mineral sands deposit which, along with another licence area in Mozambique, has an exploration target of 7-12 billion tonnes at 3-4.5 percent THM.

Savannah is currently on track to deliver all its expected outcomes during the 2014 exploration programme.