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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/savannah-resources-plc-index-aim-epic-sav-sector-mining--7482594f-34df-4880-ac7a-79cc695adba9

Original source: https://www.rns-pdf.londonstockexchange.com/rns/0154C_-2016-6-22.pdf

Publisher: research

Original announcement: Unknown date

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-20T00:10:12.908Z

Atlas analysis updated: 2026-10-20T00:10:12.908Z

- Company: Savannah Resources Plc

- Ticker: SAV

- Exchange: LSE

- Region: Finland

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Permitting, Other, Drill results

- Extracted: 2026-10-20 00:10:12 UTC

Narrative sentiment: 0.45 · Bullish

## Minestarters Atlas summary

Savannah Resources says reservation permit applications for its two Finland lithium projects, Somero and Eräjärvi, have now been granted. The release also says an exploration programme is being finalised to generate drill-ready targets during 2016. No drill results or resource estimate are reported in this announcement.

Reasoning: Positive permitting milestone for two Finland lithium projects, but it is an early-stage administrative step rather than a technical result.

- Positive factor: Reservation Permit Applications over two new lithium projects have now been granted

- Positive factor: Somero Project granted reservation permit until 11 May 2018

- Positive factor: Eräjärvi Project granted reservation permit until 11 May 2018

- Positive factor: Competent Person disclosure included

- Negative factor: No drill results or resource estimate are reported

- Negative factor: Exploration programme is still being finalised

- Negative factor: No assays, grades, or tonnages are disclosed

Facts used in scoring: 4

## Classification and evidence

**Permitting milestone**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Reservation Permit Applications over two new lithium projects have now been granted.

Evidence · text

> its Reservation Permit Applications over two new lithium projects, Somero and Eräjärvi in Finland, have now been granted.

**Early-stage exploration**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company says an exploration programme is being finalised to generate drill ready targets during 2016.

Evidence · text

> An exploration programme is currently being finalised including data compilation, geological mapping and surface sampling

**Nearology Play**

Polarity: neutral

Story-specific tag

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Somero is described as being less than 2km south of Nortec Minerals’ Kietyonmaki and Hirvikalio lithium deposits.

Evidence · text

> located less than 2km south of TSX listed, Nortec Minerals’ Kietyonmaki and Hirvikalio lithium deposits

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: A Competent Person statement is included for the exploration-related information.

Evidence · text

> The information in this announcement that relates to exploration results is based upon information compiled by Mr Dale Ferguson

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/savannah-resources-plc-index-aim-epic-sav-sector-mining--7482594f-34df-4880-ac7a-79cc695adba9#fact-drill-facts-0)

Somero · lithium

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Somero
- Commodity: lithium
- Region: finland
- Reported Region: finland
- Ticker: SAV

#### Classification

- Sample Type: drill
- Group ID: Somero:permit
- Mining Method: unknown

#### Location

- Location: Somero Project
- Loc. Source: document

#### QA/QC

- Laboratory: Finnish Geological Survey \(GTK\)
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

Reasoning: The main current event is the grant of a reservation permit for the Somero lithium project.

- Positive factor: Reservation Permit granted until 11 May 2018

- Positive factor: Project area explicitly identified as a new lithium project

- Negative factor: No assays or drill intercepts reported

- Negative factor: Exploration programme is still being finalised

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/savannah-resources-plc-index-aim-epic-sav-sector-mining--7482594f-34df-4880-ac7a-79cc695adba9#fact-drill-facts-1)

Eräjärvi · lithium

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Eräjärvi
- Commodity: lithium
- Region: finland
- Reported Region: finland
- Ticker: SAV

#### Classification

- Sample Type: drill
- Group ID: Eräjärvi:permit
- Mining Method: unknown

#### Location

- Location: Eräjärvi Project
- Loc. Source: document

#### QA/QC

- Laboratory: Finnish Geological Survey \(GTK\)
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

Reasoning: The main current event is the grant of a reservation permit for the Eräjärvi lithium project.

- Positive factor: Reservation Permit granted until 11 May 2018

- Positive factor: Project area explicitly identified as a new lithium project

- Negative factor: No assays or drill intercepts reported

- Negative factor: Exploration programme is still being finalised

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
