Savannah Resources plc announced further results from the first phase of the current two stage DFS drilling programme at the Barroso Lithium Project (the Project) located in northern Portugal. The Project, currently with a 28Mt @ 1.05% Li2O Mineral Resource, is Europe's most significant spodumene lithium deposit. As previously announced, Savannah has completed the first of two phases of drilling at the Barroso Lithium Project as part of the ongoing Definitive Feasibility Study (DFS).

The programme consisted of drilling for resource, metallurgical and geotechnical purposes using primarily RC with some diamond drilling for the resource work and diamond drilling for the metallurgical and geotechnical requirements. A total of 6154m was drilled overall in phase one including water bore drilling. All the core from phase 1 has now been logged with the majority of assays now received from third party laboratories.

Significant assays, including those reported in this RNS, have been announced. Any remaining significant assays will be announced once received. At Pinheiro, two metallurgical diamond holes were drilled across the Western Pegmatite in the vicinity of recent RC and water bore drilling that returned extensive intercepts of lithium mineralisation.

The diamond drill holes were able to be drilled near perpendicular to the dip of the pegmatite giving a good indication of the true width of mineralisation in the Western Pegmatite and confirming the tenure outlined in the previous drilling. Results of 36.5m at 1.24% Li2O from 33.5m in 24PNRDD003 and 16.48m at 1.22% Li2O from 41.02m in 24PNRDD004 have confirmed the potential shown by previous RC drilling that the Western Pegmatite appears to increase in width and grade at depth. In addition, two further diamond holes were drilled for exploration purposes at the known northern extent of the Western Pegmatite and continued to intersect the pegmatite, proving its continuity towards the north.

Hole 24PNRDD007, which was drilled across strike indicated a true width at surface of 15m. Hole 24PNRDD008 was drilled vertically due to rig access issues and followed the pegmatite at a shallow angle to the dip, intersecting the pegmatite for approximately 65m. Although the intercept does not reflect the true width of the pegmatite, when viewed in cross section it is apparent that the pegmatite is increasing in width at depth.

At NOA, results have been received from two metallurgical drill holes and one geotechnical drill hole that intersected the pegmatite. Drill holes 24NOADD010 and 24NOADD011 were drilled as twins of previous RC holes (18NOARC012 and 17NOARC004 respectively) to get representative core for metallurgical testing. The results were as expected with similar widths and grades to the previous drilling and are considered representative of the ore that will be processed during mining.

The third diamond hole 24NOADD007 was a geotechnical hole drilled at the western end of the main pegmatite and results were as expected. At Reservatório a diamond drill hole was drilled for geotechnical purposes to intersect the base of the designed pit to gain structural information. The hole intersected 53.1m of pegmatite/aplite, which was a much greater thickness than has been modelled previously at this location.

The assay results that were received indicate two mineralised zones, one along the hanging wall and the other along the footwall of the body (Hanging wall: 7m at 1.16% Li2O from 143m and Footwall: 6.5m at 1.22% Li2O from 180.5m). The results are still being interpreted but possibly indicate the coalition of a deeper pegmatite with the main Reservatório pegmatite. Planning is currently underway for Phase 2 of the DFS drilling programme with the results from Phase 1 being used to fine tune the planned holes to infill and extend the known lithium mineralisation.