News

Airborne VTEM and Magnetic Survey Completed over Block 4 Copper-Gold Project, Semail Ophiolite Belt, Oman

Savannah Resources plc (AIM: SAV) (‘Savannah’ or the ‘Company’) advises that a Versatile Time Domain Electromagnetics (‘VTEM’) and airborne magnetic survey over the Company’s Block 4 copper-gold project in Oman (Savannah earning 65%), utilised for identifying new copper deposits, has been completed.

Category: News Story

NexGen Discovers Off-Scale Radioactivity at Radon Anomaly 3.7 km Northeast from Arrow

This new discovery named “Bow” is coincident with a recently located radon anomaly that tracks the strike of a VTEM conductor for approximately 730 m, and is up to 140 m wide. This particular radon anomaly has the highest reading of all known radon anomalies in the area with a peak reading of 36.0 pCi/L, and is 80 m south of off-scale radioactivity drilled in hole BO-15-10. A fourth drill rig was mobilized to the Rook I property, and has joined one other drill rig in testing this high priority area named the “Bow Discovery” (Figure 1).

Category: News Story

New developments put Equitas Resources in search of a nearby nickel discovery

State-of-the-art exploration is already underway at Garland, where a VTEM-plus survey began in February. Previously some 10 separate companies explored relatively small pieces of the current Garland project with now-outdated electromagnetic surveys that penetrated only to about 75 metres. Equitas’ regional-scale geophysics can reach a maximum 10 times that depth, all the better to detect large, highly conductive nickel sulphide deposits.

Category: News Story
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