Savannah’s CEO, David Archer said: “The commencement of bulk sampling at Mina do Barroso marks the next stage in our strategy, as we advance the Project towards the production of export grade spodumene concentrates for European and international markets.
The feldspar/quartz component from the bulk sample will help validate the possibility of selling this as a co-product, which will not only generate supplemental revenues but will potentially also help to reduce stored volumes of coarse rejects and tailings produced from the concentration process of our anticipated lithium mine development. We think this approach holds clear commercial, operational and environmental benefits for the larger development. Portugal has a vibrant ceramics industry and lithium enriched feldspar/quartz is a sought-after material.”
Savannah Resources plc (LON:SAV and SWB: SAV) a resource development company, this morning announced that the collection of a bulk sample is underway at the NOA Deposit, which is one of three primary target areas currently being advanced at the Mina do Barroso Lithium Project in northern Portugal
— Savannah has identified an opportunity to potentially generate additional revenues via the sale of feldspar/quartz (used in ceramics), alongside the core sale of battery-grade spodumene concentrates
— The collection of a bulk sample is underway at NOA, utilising 35t excavators as part of the larger development programme for the Project
— The key objective of the bulk sampling is to obtain a large sample of material for test work for both the ceramics and lithium markets
-- The bulk sample is being collected inside one of Mina do Barroso's licenced mining areas
— Material from the bulk sample will be evaluated in the on-going metallurgical test work programme currently underway at Nagrom’s facility, located in Perth
— The test marketing of feldspar/quartz will also help guide plans for the potential sale of the primary lithium spodumene product for export markets
