Savannah identifies gold mineralisation in Oman Block 4

MUSCAT: Australian-based mining exploration and development firm Savannah Resources Plc announced at the weekend that it has identified areas of gold mineralisation with associated copper mineralisation in its Block 4 licence in north Oman. The results follow a recently completed rock chipping and geological mapping programme in Block 4.

Reconnaissance mapping and rock chip sampling within Block 4 has identified a series of anomalies with high levels of gold mineralisation associated with copper mineralisation, the company said in a statement.

Rock chip sampling produced results up to 5.7 per cent copper and 3.7g/t gold with a large number of the anomalous samples being returned from the Gaddamah prospect in Block 4. It said the results from the Gaddamah prospect have also confirmed the historical drilling intercepts, including 15.9 metres at 1.91 grammes of gold per tonne and 1.2 per cent copper.

Diamond drilling is under way at both the Sarami (Block 5) and Ghayth (Block 4) prospects with five of the planned 10-hole diamond drill programme completed to date.

Savannah’s CEO, David Archer said, “Work is progressing well on our Blocks 4, 5 and 6 projects with the primary focus being on VMS style copper deposits. Recent results demonstrate there are also high levels of gold anomalism present, which is highly exciting and can often be found with copper mineralisation in addition to being prospective in its own right. We see these unexplained gold anomalies, especially Gaddamah, which is located close to the old Lasail (9.2Mt at 1.6 per cent copper) and Lasail West (0.4Mt at 1.0 per cent copper) copper mines, as significant opportunities.” AIM-listed Savannah Resources has interests in three copper blocks in the highly prospective Samayil Ophiolite Belt in Oman.

SOURCE: OMAN DAILY OBSERVER

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