29th Nov 2018 11:21
LONDON (Alliance News) - Savannah Resources PLC on Thursday said it has added a number of leading Portuguese and international consultancy groups to its team at Mina do Barroso project, Portugal.
The AIM-listed resource development company said additional groups have been appointed to advise on funding, community engagement and communications for the project. All consultants have prior lithium industry or significant in-country experience.
The groups will support the ongoing work on the feasibility study, which so far, Savannah said, has been progressing well.
"Savannah has assembled a group of consultants which offer an excellent combination of technical capability with highly relevant sector and country experience," said Savannah Chief Executive David Archer.
"The feasibility study is progressing well and we look forward to announcing key programme milestones on the way to completion of the study next year as we look to become Europe's most significant producer of spodumene lithium concentrates,'' added Archer.
Savannah shares were trading 1.7% lower on Thursday at 5.80 pence each.
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