Market Alert : Uranium Surge and ASX 200 Technical Outlook: Key Resistance Levels in Focus

Savannah Goldfields Reports Strong New Gold Intercepts at Georgetown Project

Savannah Goldfields Limited (ASX: SVG) has delivered strong results from ongoing drilling at the Georgetown Gold Project, highlighted by a 21m intercept at 2.35 g/t gold, including 10m at 3.80 g/t, from the Electric Light Prospect. All four PQ diamond holes drilled across Electric Light and Red Dam intersected sulphide mineralisation, providing valuable geological and metallurgical data.

The Company also completed 842m of RC drilling across eight holes at Electric Light and an additional 648m across five RC holes at Red Dam, aimed at validating historical mineralisation and testing extensions. Assays from the Red Dam diamond and RC program are expected shortly. Data from these programs will feed into metallurgical testwork and an updated Mineral Resource for Electric Light once all results are received. The work strengthens Savannah’s understanding of both prospects as exploration continues.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au