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Savannah Resources resumes fieldwork after legal challenge stoppage

ALN

Savannah Resources PLC on Friday said it can resume fieldwork for the drilling campaign at the Barroso lithium project in Portugal.

The Europe-focused lithium producer said it has received a ‘reasoned resolution’ from the Portuguese government.

This was after Savannah announced earlier this month it was forced to temporarily stop work on land it had been given temporary access due to legal action.

A precautionary measure had been filed at the Administrative & Fiscal Court of Mirandela in northeastern Portugal by three local landowners against the Portuguese Ministry for the Environment & Energy.

‘The company will seek to make up the time lost during this unwanted two-week stoppage over the remainder of the programme,’ Savannah Resources said.

‘Savannah is pleased that its previously stated expectation of being able to return to the field promptly has now been met.’

Shares in Savannah Resources were up 1.1% to 4.45 pence in London on Friday afternoon.

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