Latest Savannah Goldfields (Asx:Svg) News

Savannah Goldfields Limited has announced a significant 220% increase in the gold resource at its Jubilee Plunger Deposit, part of the Georgetown Project in Far North Queensland, marking a key step towards resuming gold production.

Savannah Goldfields reports promising high-grade gold assay results from its latest drilling campaign at Big Reef Extended, reinforcing the Georgetown Project’s near-term mining potential.

Savannah Goldfields is on track to resume gold production at its Georgetown Gold Project by the end of October, with key maintenance and environmental approvals completed.

Savannah Goldfields completes drilling at Big Reef and advances exploration at Electric Light, targeting resource expansion and imminent mining at Georgetown.

Savannah Goldfields has secured crucial environmental approvals to restart gold production at its Georgetown Gold Project, with mining at Big Reef set to begin in October 2025. The company also received approval for a tailings storage facility expansion to support future processing.

Savannah Goldfields is advancing steadily towards resuming gold production at its Georgetown plant, with environmental approvals secured and operational preparations underway for an October restart.

Savannah Goldfields has initiated a targeted drilling campaign at its Big Reef Extended Prospect, aiming to expand gold resources and support imminent mining plans at the Georgetown Gold Project.

Savannah Goldfields has reported highly anomalous gold assays from rock chip samples at its Big Reef prospects in North Queensland, prompting the start of a targeted drilling campaign to explore resource expansion.

Savannah Goldfields Limited is poised to restart gold production in 2025 at its Georgetown and Agate Creek sites, backed by solid ore reserves and ambitious exploration plans to extend mine life.

Savannah Goldfields Limited has announced a $15 million equity raising through a placement and conditional placement, offering free attaching options subject to shareholder approval. The capital raise aims to strengthen the company’s financial position and support its operational restart plans.

Savannah Goldfields has announced a $15 million placement to strengthen its balance sheet, repay debt, and fund a restart of gold production alongside an ambitious drilling program targeting resource extensions.

Savannah Goldfields launches an 80-hole drilling campaign targeting extensions of key gold deposits near its Georgetown plant, aiming to secure near-term oxide gold feed and extend production life.