Savannah Resources Plc (SAVNF) Financiero

Savannah Resources Plc engages in the exploration and development of mining properties. The firm is focused on developing the Barroso Lithium Project in Portugal, Europe's spodumene lithium deposit. The Barroso Lithium Project contains spodumene lithium resources in Western Europe, consisting of five deposits, including Grandao, Reservatorio, Pinheiro, NOA, and Aldeia. The Barroso Lithium Project is located in northern Portugal near the town of Boticas and over 145 kilometers (km) by road from the deep-water port of Leixoes near the city of Porto. The Barroso Lithium project covers an area of over 8.36 square kilometers (km2) in the Barroso hills of northeast Portugal and consists of the C-100 Mining Lease (5.42km2) and an adjacent, three block, mining lease application area (2.94 km2). The company owns significant lithium raw material assets within the European Union. By responsibly producing lithium raw material, it actively supports the creation of a new lithium value chain in Portugal and the rest of Europe.