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

Original announcement by research on

Company
Savannah Resources Plc
Ticker
SAV
Exchange
LSE
Region
Oman
Primary commodity
Copper
Secondary commodities
Gold, Zinc, Silver
Document categories
Drill results, Other
Extracted
2026-11-10 14:23:14 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Savannah reported assay results from two drill holes in Oman: 2m at 6.84% Cu and 0.3 g/t Au from Maqail South, and 5.75m at 1.84% Cu and 0.8 g/t Au from Dogs Bone/Aarja. The release frames the program as resource infill and validation drilling, with further assays and a revised interpretation still pending.

Reasoning: The release reports fresh drill intercepts from Oman, with one hole at Maqail South and one at Dogs Bone/Aarja returning meaningful copper-gold intersections. The results are encouraging for continuity and resource validation, but novelty is limited by the small number of assays and the fact that true widths are not stated.

Positive factors

  • Two new assay results reported from the ongoing drill programme.
  • The first Maqail South hole confirmed the dimensions and grade of existing resource.
  • The Dogs Bone hole confirmed the position of known mineralisation and validated historical drilling.

Negative factors

  • Only two holes have received assays so far; other holes remain pending or in progress.
  • Reported intervals are downhole widths and true widths are not known.
  • Cut-off and internal dilution were stated, but the release is still an exploration update rather than a completed resource update.

Facts used in scoring: 8

Classification and evidence

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The release says drilling is aiming to increase and upgrade the current Mineral Resource and to infill the resource to 25m centres.

Evidence · text

“infill the resource to a hole spacing of 25m centres”

QA/QC Disclosedpositive

Reported assays have a certified laboratory, actual QA/QC methods, or named QP/CP responsibility. Generic CP boilerplate, old-release references, plans and unrelated work are insufficient. Approval of a correction does not verify expressly unverified historical assays; assay accuracy is not guaranteed.

Why it applies: The release states samples were assayed via Bureau Veritas and JORC Table 1 includes standards, blanks and duplicates.

Evidence · text

“Samples were assayed via the following method”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The JORC table explicitly states that reported intervals are down hole widths and true widths are not known, so true width is not disclosed.

Evidence · text

“True widths are not known.”

Apparent Width Onlynegative

A reported assay interval gives downhole or apparent length without a disclosed true width. It describes geometric uncertainty, not a measured true thickness or proof that the interval is overstated; drill orientation alone is not a true-width measurement.

Why it applies: The release states the intervals are down hole widths and true widths are not known, so the apparent width may overstate true thickness.

Evidence · text

“Down hole intervals have been reported. True widths are not known.”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The release states the significant intersections are based on greater than 0.5% Cu with up to 3.0m internal dilution and a minimum composite grade of 1.0% Cu.

Evidence · text

“Significant intersections are based on greater than 0.5% Cu and may include up to a maximum of 3.0m of internal dilution”

Nearology Playneutral

The disclosed value premise relies on proximity to another known deposit rather than the issuer's own results. Mere location or along-strike wording in a release that reports its own drilling does not establish this premise.

Why it applies: Dogs Bone is described as above mineralisation mined at the historic Aarja Mine, so part of the project pitch rests on proximity to known mineralisation.

Evidence · text

“situated above the mineralisation that was mined at the historic Aarja Mine”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The Maqail South program is described as infilling the resource to allow an Indicated Resource classification.

Evidence · text

“infill the resource to a hole spacing of 25m centres which will allow for an Indicated Resource classification”

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Drill Results (8)

16B5DD002Block 5 · copperGrade: 6.84Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
16B5DD002
Project
Block 5
Commodity
copper
Region
oman
Reported Region
oman

Geometry

Grade
6.84
Grade Unit
%
Intercept
2 m
From
47.5 m
To
49.5 m
Hole Depth
81.5 m
Intercept Depth
47.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
16B5DD002:47.5-49.5
Mining Method
underground

Location

Location
Maqail South
Easting
453578
Northing
2661240
CRS
WGS84 Zone 40N
Elevation
403 m
Azimuth
314 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
1
Cutoff Unit
% Cu
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: A 2m intercept at 6.84% Cu is strong for the stated VMS setting and supports the existing resource model at Maqail South.

Positive factors

  • High copper grade over 2m.
  • Result is presented as a significant intersection above the stated cut-off.
  • Hole confirms dimensions and grade of existing resource at Maqail South.

Negative factors

  • Reported as a downhole interval; true width not known.
  • Only one assay from the broader program is reported here.

Tags used in scoring

QA/QC Disclosedpositive

Reported assays have a certified laboratory, actual QA/QC methods, or named QP/CP responsibility. Generic CP boilerplate, old-release references, plans and unrelated work are insufficient. Approval of a correction does not verify expressly unverified historical assays; assay accuracy is not guaranteed.

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

16B5DD002Block 5 · goldGrade: 0.3Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
16B5DD002
Project
Block 5
Commodity
gold
Region
oman
Reported Region
oman

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
2 m
From
47.5 m
To
49.5 m
Hole Depth
81.5 m
Intercept Depth
47.5 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
16B5DD002:47.5-49.5
Mining Method
underground

Location

Location
Maqail South
Easting
453578
Northing
2661240
CRS
WGS84 Zone 40N
Elevation
403 m
Azimuth
314 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
1
Cutoff Unit
% Cu
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Reasoning: The gold credit is positive but secondary to the copper result and is modest in economic terms at 0.3 g/t Au over 2m.

Positive factors

  • Gold credit is explicitly reported alongside the copper intercept.
  • Result accompanies the copper interval from the same hole and supports polymetallic potential.

Negative factors

  • Gold grade is modest relative to the main copper result.
  • Reported as a downhole interval; true width not known.

Tags used in scoring

QA/QC Disclosedpositive

Reported assays have a certified laboratory, actual QA/QC methods, or named QP/CP responsibility. Generic CP boilerplate, old-release references, plans and unrelated work are insufficient. Approval of a correction does not verify expressly unverified historical assays; assay accuracy is not guaranteed.

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

16B4DD001Block 4 · copperGrade: 1.84Grade Unit: %Intercept: 5.75 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
16B4DD001
Project
Block 4
Commodity
copper
Region
oman
Reported Region
oman

Geometry

Grade
1.84
Grade Unit
%
Intercept
5.75 m
From
109.3 m
To
115.1 m
Hole Depth
261 m
Intercept Depth
109.3 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
16B4DD001:109.3-115.1
Mining Method
underground

Location

Location
Dogs Bone/Aarja
Easting
440376
Northing
2692584
CRS
WGS84 Zone 40N
Elevation
225 m
Azimuth
342 °
Dip
-72 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
1
Cutoff Unit
% Cu
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2016-08-04T00:00:00.000Z

Reasoning: The copper intercept is solid and supports continuity, but the release frames it as confirmation of known mineralisation rather than a new discovery.

Positive factors

  • Confirms continuity of known mineralisation.
  • Validates historical drilling and supports the resource interpretation at Dogs Bone/Aarja.
  • Includes a gold byproduct credit.

Negative factors

  • The release explicitly says the hole validates historical drilling, limiting novelty.
  • Reported as a downhole interval; true width not known.

Tags used in scoring

QA/QC Disclosedpositive

Reported assays have a certified laboratory, actual QA/QC methods, or named QP/CP responsibility. Generic CP boilerplate, old-release references, plans and unrelated work are insufficient. Approval of a correction does not verify expressly unverified historical assays; assay accuracy is not guaranteed.

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re Releasenegative

Results are re-announced unchanged, without new assays or substantive reinterpretation. A material correction, withdrawal or new qualification of their location, ownership or reliability is new information, even without new assays. Historical context in a current announcement does not make it stale.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

16B4DD001Block 4 · goldGrade: 0.8Grade Unit: g/tIntercept: 5.75 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
16B4DD001
Project
Block 4
Commodity
gold
Region
oman
Reported Region
oman

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
5.75 m
From
109.3 m
To
115.1 m
Hole Depth
261 m
Intercept Depth
109.3 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
16B4DD001:109.3-115.1
Mining Method
underground

Location

Location
Dogs Bone/Aarja
Easting
440376
Northing
2692584
CRS
WGS84 Zone 40N
Elevation
225 m
Azimuth
342 °
Dip
-72 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
1
Cutoff Unit
% Cu
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2016-08-04T00:00:00.000Z

Reasoning: The gold credit is positive but modest, and the main significance of the interval is confirmation of copper mineralisation.

Positive factors

  • Gold is explicitly reported with the copper intercept.
  • Adds value as a byproduct credit in a polymetallic interval.

Negative factors

  • Gold grade is secondary to the copper result.
  • The hole is described as validating historical drilling, reducing novelty.

Tags used in scoring

QA/QC Disclosedpositive

Reported assays have a certified laboratory, actual QA/QC methods, or named QP/CP responsibility. Generic CP boilerplate, old-release references, plans and unrelated work are insufficient. Approval of a correction does not verify expressly unverified historical assays; assay accuracy is not guaranteed.

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re Releasenegative

Results are re-announced unchanged, without new assays or substantive reinterpretation. A material correction, withdrawal or new qualification of their location, ownership or reliability is new information, even without new assays. Historical context in a current announcement does not make it stale.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

16B4DD001Block 4 · copperGrade: 2.62Grade Unit: %Intercept: 2.51 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
16B4DD001
Project
Block 4
Commodity
copper
Region
oman
Reported Region
oman

Geometry

Grade
2.62
Grade Unit
%
Intercept
2.51 m
From
131.12 m
To
133.6 m
Hole Depth
261 m
Intercept Depth
109.3 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
16B4DD001:131.12-133.6
Mining Method
underground

Location

Location
Dogs Bone/Aarja
Easting
440376
Northing
2692584
CRS
WGS84 Zone 40N
Elevation
225 m
Azimuth
342 °
Dip
-72 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
1
Cutoff Unit
% Cu
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2016-08-04T00:00:00.000Z

Reasoning: This is a solid copper sub-interval and strengthens the continuity case at Dogs Bone/Aarja, though it is still a historical-validation style result.

Positive factors

  • Higher-grade copper sub-interval within the same hole.
  • Supports the continuity of mineralised lenses at Dogs Bone/Aarja.

Negative factors

  • Still a downhole interval with no true width stated.
  • The hole is presented as validation of historical mineralisation, not a new discovery.

Tags used in scoring

QA/QC Disclosedpositive

Reported assays have a certified laboratory, actual QA/QC methods, or named QP/CP responsibility. Generic CP boilerplate, old-release references, plans and unrelated work are insufficient. Approval of a correction does not verify expressly unverified historical assays; assay accuracy is not guaranteed.

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re Releasenegative

Results are re-announced unchanged, without new assays or substantive reinterpretation. A material correction, withdrawal or new qualification of their location, ownership or reliability is new information, even without new assays. Historical context in a current announcement does not make it stale.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

16B4DD001Block 4 · goldGrade: 1Grade Unit: g/tIntercept: 2.51 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
16B4DD001
Project
Block 4
Commodity
gold
Region
oman
Reported Region
oman

Geometry

Grade
1
Grade Unit
g/t
Intercept
2.51 m
From
131.12 m
To
133.6 m
Hole Depth
261 m
Intercept Depth
109.3 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
16B4DD001:131.12-133.6
Mining Method
underground

Location

Location
Dogs Bone/Aarja
Easting
440376
Northing
2692584
CRS
WGS84 Zone 40N
Elevation
225 m
Azimuth
342 °
Dip
-72 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
1
Cutoff Unit
% Cu
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2016-08-04T00:00:00.000Z

Reasoning: The gold credit is positive but secondary to the copper result and does not materially change the interpretation on its own.

Positive factors

  • Gold credit is explicitly disclosed with the copper sub-interval.
  • Provides additional byproduct value within the mineralised zone.

Negative factors

  • Byproduct grade is modest.
  • Historical-validation context limits novelty.

Tags used in scoring

QA/QC Disclosedpositive

Reported assays have a certified laboratory, actual QA/QC methods, or named QP/CP responsibility. Generic CP boilerplate, old-release references, plans and unrelated work are insufficient. Approval of a correction does not verify expressly unverified historical assays; assay accuracy is not guaranteed.

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re Releasenegative

Results are re-announced unchanged, without new assays or substantive reinterpretation. A material correction, withdrawal or new qualification of their location, ownership or reliability is new information, even without new assays. Historical context in a current announcement does not make it stale.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

16B4DD001Block 4 · copperGrade: 0.38Grade Unit: %Intercept: 12.35 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
16B4DD001
Project
Block 4
Commodity
copper
Region
oman
Reported Region
oman

Geometry

Grade
0.38
Grade Unit
%
Intercept
12.35 m
From
155.65 m
To
168 m
Hole Depth
261 m
Intercept Depth
109.3 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
16B4DD001:155.65-168.0
Mining Method
underground

Location

Location
Dogs Bone/Aarja
Easting
440376
Northing
2692584
CRS
WGS84 Zone 40N
Elevation
225 m
Azimuth
342 °
Dip
-72 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
1
Cutoff Unit
% Cu
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2016-08-04T00:00:00.000Z

Reasoning: This longer interval carries weak copper grade, so it is geological information more than an economically strong result.

Positive factors

  • Longer mineralised interval was intersected further downhole.
  • Shows mineralisation persists beyond the headline zone.

Negative factors

  • Grade is well below the stated significant-intersection threshold.
  • Reported as a downhole interval with no true width stated.

Tags used in scoring

QA/QC Disclosedpositive

Reported assays have a certified laboratory, actual QA/QC methods, or named QP/CP responsibility. Generic CP boilerplate, old-release references, plans and unrelated work are insufficient. Approval of a correction does not verify expressly unverified historical assays; assay accuracy is not guaranteed.

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re Releasenegative

Results are re-announced unchanged, without new assays or substantive reinterpretation. A material correction, withdrawal or new qualification of their location, ownership or reliability is new information, even without new assays. Historical context in a current announcement does not make it stale.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

16B4DD001Block 4 · goldGrade: 0.3Grade Unit: g/tIntercept: 12.35 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
16B4DD001
Project
Block 4
Commodity
gold
Region
oman
Reported Region
oman

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
12.35 m
From
155.65 m
To
168 m
Hole Depth
261 m
Intercept Depth
109.3 m

Classification

Deposit Type
vms
Program
resource
Sample Type
drill
Group ID
16B4DD001:155.65-168.0
Mining Method
underground

Location

Location
Dogs Bone/Aarja
Easting
440376
Northing
2692584
CRS
WGS84 Zone 40N
Elevation
225 m
Azimuth
342 °
Dip
-72 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Compositing

Cutoff Grade
1
Cutoff Unit
% Cu
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2016-08-04T00:00:00.000Z

Reasoning: The gold value is not material by itself, but it confirms the polymetallic nature of the interval.

Positive factors

  • Gold is explicitly reported in the longer downhole interval.
  • Confirms mineralisation persists along the hole.

Negative factors

  • Grade is low and economically modest on its own.
  • Historical-validation context limits novelty.

Tags used in scoring

QA/QC Disclosedpositive

Reported assays have a certified laboratory, actual QA/QC methods, or named QP/CP responsibility. Generic CP boilerplate, old-release references, plans and unrelated work are insufficient. Approval of a correction does not verify expressly unverified historical assays; assay accuracy is not guaranteed.

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re Releasenegative

Results are re-announced unchanged, without new assays or substantive reinterpretation. A material correction, withdrawal or new qualification of their location, ownership or reliability is new information, even without new assays. Historical context in a current announcement does not make it stale.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

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.