# 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--7fc717bc-0056-4a6d-a155-9e96ef6c65d7

Original source: https://www.rns-pdf.londonstockexchange.com/rns/4470F_-2016-7-27.pdf

Publisher: research

Original announcement: Unknown date

Analysis by Minestarters Atlas

Atlas analysis published: 2026-11-04T12:57:43.374Z

Atlas analysis updated: 2026-11-04T12:57:43.374Z

- Company: Savannah Resources Plc

- Ticker: SAV

- Exchange: LSE

- Region: Finland

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Other, Resource update

- Extracted: 2026-11-04 12:57:43 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

Savannah says exploration has started at its Somero and Eräjärvi lithium projects in Finland after no landowner objections during the statutory objection period. The programme will involve mapping and sampling to generate drill targets during 2016, but no assay or drill-result numbers are reported. The release also includes background on the company's other projects in Oman, Mozambique and Finland.

Reasoning: The announcement is a corporate exploration update confirming reservation permits and field work underway at Somero and Eräjärvi, not a results release.

- Positive factor: Exploration has commenced on two authorised lithium projects in Finland.

- Positive factor: The programme is aimed at generating drill targets during 2016.

- Negative factor: No assay results, grades, widths, or completed drill results are reported.

- Negative factor: This is a planned exploration programme rather than completed technical results.

- Rubric flag: planned work is not completed results — Treat the Finland programme as exploration underway only; do not create drill assay facts because no completed results are disclosed.

Facts used in scoring: 4

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

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

Why it applies: The release says the projects are in Finland and cites proximity to potential customers, including battery producers.

Evidence · text

> in close proximity to potential customers, including battery producers

**No QA/QC Disclosure**

Polarity: negative

Story-specific tag

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: The announcement contains no assay QA/QC procedures because no drill or assay results are reported.

Evidence · text

> surface rock chip and channel sampling

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/savannah-resources-plc-index-aim-epic-sav-sector-mining--7fc717bc-0056-4a6d-a155-9e96ef6c65d7#fact-resource-facts-2)

Jangamo · heavy minerals

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Jangamo
- Commodity: heavy minerals
- Region: mozambique
- Reported Region: Mozambique
- Ticker: SAV

#### Resource scope

- Estimate type: resource
- Resource group id: resource:7cc3b52ee865ac7567c5

#### Resource Data

- Category: inferred
- Tonnes: 65000000
- Grade: 4.2
- Grade Unit: %
- Cutoff Grade: 2.5
- Cutoff Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

Reasoning: The document restates a pre-existing inferred resource for Jangamo as background rather than a new estimate.

- Positive factor: A mineral resource figure is disclosed for context.

- Negative factor: This is background information in a notes section, not the current event.

- Negative factor: The resource is not newly announced in this release.

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## 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.