Listed lithium developer Savannah Resources has added to its flagship Mina do Barroso project, in Portugal, by exercising its option to acquire the adjacent 2.94 km2 Aldeia mining lease.
The lease application consists of three blocks and yielded “excellent drilling results”, with a mineral resource estimate of 3.5-million tonnes at 1.3% lithium oxide (Li2O) on Block A, Savannah said in a statement on Wednesday.