StockMarketWire.com - Savannah Resources said all results have now been received from reconnaissance rockchip sampling over its new lithium projects in Finland, Somero and Erajarvi.

"The work programme has returned anomalous lithium mineralisation across both projects, leading to the discovery of seven lithium bearing pegmatites," it said in a statement.

HIGHLIGHTS:

- A total of 524 rockchip samples have been collected from the Somero (244 samples) and Erajarvi (288 samples) licences and submitted to the laboratory for analysis;

- Results have highlighted seven pegmatites with anomalous lithium - two on Somero and five on Erajarvi;

Geological mapping and rock chip sampling has highlighted: Somero Project, prospective pegmatites with assays of up to 4.47% lithium oxide ('Li2O') at the Torkkamaki Prospect and mineralisation traced over 150m along strike and remaining open; Erajarvi Project, prospective pegmatites with assays of up to 1.56% Li2O at the Viitaniemi Prospect and mineralisation traced for over 350m before it was covered by glacial till

- Key lithium minerals petalite, spodumene and lepidolite were all identified in hand specimens

- Follow up work to further expand and define the seven anomalous pegmatites in readiness for drilling is being planned for Q2 2017 (following winter)

- Finland is one of the most prospective countries on mainland Europe for potential lithium discoveries. Both project areas enjoy excellent access to high quality infrastructure and are located close to potential final customers.






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