Savannah Resources, the AIM-listed exploration and development company, has received positive results from its ground magnetic test survey at its highly prospective Jangamo heavy mineral sands project, located in a world-class mineral sands province in southern Mozambique.
The results demonstrate that it is possible to detect the geophysical signature of the heavy mineral sands deposits using an airborne platform, to rapidly advance and lower cost of the project, the company said in a statement.
A heliborne magnetic and radiometric survey is planned to commence in the first half of May 2014 by to define the extent of the heavy mineral sands mineralised system and any re-worked strand lines, which are likely to carry higher grades. Meanwhile, the 2014 exploration programme is well underway, with the second scout drilling programme planned for the second half of May 2014.
“The success of the ground magnetic test programme over the anomalous drill holes returned from the scout drilling programme is very important to the overall speed and cost of the exploration programme for the Jangamo project. The heliborne magnetic survey will help us define the overall mineralised system and more importantly any potential re-worked strand lines, which will carry higher grade heavy mineral sands. The project is now poised for further positive results as our 2014 exploration programme is rolled out,” says Savannah CEO David Archer.