# Second Round of Lithium Drilling

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/second-round-of-lithium-drilling--38ba85b3-4b79-4f94-8361-2a2c030a577f

Original source: https://www.rns-pdf.londonstockexchange.com/rns/6325R_-2017-9-22.pdf

Publisher: research

Original announcement: Unknown date

Analysis by Minestarters Atlas

Atlas analysis published: 2026-11-04T12:42:57.271Z

Atlas analysis updated: 2026-11-04T12:42:57.271Z

- Company: Unavailable

- Ticker: SAV

- Exchange: LSE

- Region: Portugal

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Other, Resource update

- Extracted: 2026-11-04 12:42:57 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

Savannah Resources says the second round of reverse circulation drilling has started at the Mina do Barroso lithium project in Portugal. The program is aimed at defining a JORC resource, testing the NOA deposit, and targeting extensions at Grandao and Reservatorio, but no assay results are reported here.

Reasoning: Corporate exploration update about the start of a lithium drill program, not a results announcement.

- Positive factor: Announcement confirms the second RC drilling round has commenced at Mina do Barroso.

- Positive factor: Program is aimed at defining a JORC resource and testing the NOA deposit plus potential extensions at Grandao and Reservatorio.

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

- Negative factor: This is a drilling commencement update rather than a results release.

Facts used in scoring: 1

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Story-specific tag

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The release says drilling is aimed at defining a JORC resource, which indicates resource-focused drilling rather than discovery drilling.

Evidence · text

> aimed at defining a JORC resource

## Extracted facts

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

## Resource Estimates (1)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/second-round-of-lithium-drilling--38ba85b3-4b79-4f94-8361-2a2c030a577f#fact-resource-facts-0)

Mina do Barroso · lithium

#### Identity

- Project: Mina do Barroso
- Commodity: lithium
- Region: portugal
- Reported Region: portugal
- Ticker: SAV

#### Review

- Needs Review: No
- Historical: No

Reasoning: A drilling commencement statement without assays or intercepts.

- Positive factor: The document states that the second round of RC drilling has commenced.

- Positive factor: The program is aimed at defining a JORC resource and testing the NOA deposit.

- Negative factor: No completed assay results, intercepts, grades, or widths are disclosed.

- Negative factor: The release is about planned/current drilling activity rather than reported drilling results.

Evidence · text

> the second round of reverse circulation \(‘RC’\) drilling aimed at defining a JORC resource at the Mina do Barroso lithium

#### Tags used in scoring

**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

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

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.