# Second Mining Concession Issued for the Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/second-mining-concession-issued-for-the--1ddb6ad2-56aa-4797-90b5-189802445646 Original source: https://www.rns-pdf.londonstockexchange.com/rns/4211W_1-2019-12-10.pdf Publisher: research Original announcement: Unknown date Analysis by Minestarters Atlas Atlas analysis published: 2026-11-04T12:58:41.760Z Atlas analysis updated: 2026-11-04T12:58:41.760Z - Company: Unavailable - Ticker: SAV - Exchange: LSE - Region: Mozambique - Primary commodity: Heavy minerals - Secondary commodities: None reported - Document categories: Permitting, Resource update, Agreement transaction - Extracted: 2026-11-04 12:58:41 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Savannah Resources announced that Mining Licence 9229C has been issued for the Mutamba Heavy Mineral Sands Project in Mozambique. The licence covers 16,126 hectares, is valid to May 2044, and forms part of the project’s full tenement permitting package. The release also repeats the project’s JORC-compliant 4.4Bt resource at 3.9% total heavy minerals and notes the ongoing PFS. Reasoning: The core event is a permitting milestone: a second mining licence has been issued for the Mutamba project. The release also reiterates the project resource and JV structure, but those are supporting context rather than the main event. - Positive factor: Mining Licence 9229C issued for the project - Positive factor: Licence 9229C is valid to May 2044 with the possibility of an additional 25-year extension - Positive factor: The Project contains a JORC compliant Indicated and Inferred Mineral Resource of 4.4Bt, grading 3.9% total heavy minerals - Positive factor: The concession is part of the planned full tenement permitting of Mutamba - Negative factor: The PFS is currently underway, so the project remains in development - Negative factor: One of the four concessions is still under consideration Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 8 ## Classification and evidence **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The release explicitly says the project contains a 'JORC compliant Indicated and Inferred Mineral Resource'. Evidence · text > The Project contains a JORC compliant Indicated and Inferred Mineral Resource of 4.4Bt **QP/CP Signed** Polarity: positive 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 and names Mr. Dale Ferguson as the responsible technical director. Evidence · text > Mr. Dale Ferguson, Technical Director of Savannah Resources Limited **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource is explicitly reported as Indicated and Inferred, so the Inferred component is present. Evidence · text > Indicated and Inferred Mineral Resource of 4.4Bt **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The release restates the project's mineral resource within a permitting announcement, providing context rather than a new estimate. Evidence · text > The Project contains a JORC compliant Indicated and Inferred Mineral Resource of 4.4Bt ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/second-mining-concession-issued-for-the--1ddb6ad2-56aa-4797-90b5-189802445646#fact-resource-facts-0) Mutamba Heavy Mineral Sands Project · heavy minerals Historical result Needs review: historical\_restatement #### Identity - Project: Mutamba Heavy Mineral Sands Project - Commodity: heavy minerals - Region: mozambique - Reported Region: Mozambique - Ticker: SAV #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr. Dale Ferguson - Resource group id: resource:907e8fc83532d022540f - Deposit or zone: Mutamba #### Resource Data - Category: indicated - Tonnes: 4400000000 - Grade: 3.9 - Grade Unit: % total heavy minerals #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes Reasoning: This is a restatement of the project's existing resource context rather than a new estimate in this document. - Positive factor: The release states a JORC compliant Indicated and Inferred Mineral Resource of 4.4Bt - Positive factor: The grade of 3.9% total heavy minerals is explicitly stated - Negative factor: The resource is restated in a permitting announcement rather than presented as a new estimate - Negative factor: No cut-off grade or contained metal is disclosed Evidence · text > The Project contains a JORC compliant Indicated and Inferred Mineral Resource of 4.4Bt, grading 3.9% total heavy #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **QP/CP Signed** Polarity: positive 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: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/second-mining-concession-issued-for-the--1ddb6ad2-56aa-4797-90b5-189802445646#fact-resource-facts-1) Mutamba Heavy Mineral Sands Project · heavy minerals Historical result Needs review: historical\_restatement #### Identity - Project: Mutamba Heavy Mineral Sands Project - Commodity: heavy minerals - Region: mozambique - Reported Region: Mozambique - Ticker: SAV #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mr. Dale Ferguson - Resource group id: resource:0ac492dc9a15a0b39035 - Deposit or zone: Mutamba #### Resource Data - Category: inferred - Tonnes: 4400000000 - Grade: 3.9 - Grade Unit: % total heavy minerals #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes Reasoning: This is a restatement of the project's existing resource context rather than a new estimate in this document. - Positive factor: The release states a JORC compliant Indicated and Inferred Mineral Resource of 4.4Bt - Positive factor: The grade of 3.9% total heavy minerals is explicitly stated - Negative factor: The resource is restated in a permitting announcement rather than presented as a new estimate - Negative factor: No cut-off grade or contained metal is disclosed Evidence · text > The Project contains a JORC compliant Indicated and Inferred Mineral Resource of 4.4Bt, grading 3.9% total heavy #### 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 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 **QP/CP Signed** Polarity: positive 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: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.