Savannah establishes initial resource at Mutamba, now eyes scoping study

Aim-listed Savannah Resources has declared an initial resource estimation of 3.5-billion tonnes at 3.8% total heavy minerals for two of the four deposits at its Mutamba project, in Mozambique. Of this resource estimate, 81-million tonnes comprised ilmenite, 2.2-million tonnes contains rutile and 3.8-million tonnes contains zircon.