Savannah Goldfields Limited (SVG)
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Savannah Goldfields Limited Profile
| Metals & Mining Industry | Materials Sector | Mr. Stephen Grant Bizzell ACA, B.Comm, MAICD CEO | CXA Exchange | AU0000246704 ISIN |
| AU Country | - Employees | - Last Dividend | 11 Oct 2022 Last Split | - IPO Date |
Overview
Savannah Goldfields Limited is a prominent entity in the exploration and development of gold and silver properties, primarily operating within Australia. The company, having its roots set in 1986, embarked on its journey in the mining sector under the name Laneway Resources Limited before rebranding to Savannah Goldfields Limited in October 2022. Anchored in Brisbane, Australia, this company is dedicated to the meticulous evaluation and development of valuable mineral projects. Through strategic exploration and development efforts, Savannah Goldfields Limited aims to harness the rich mineral wealth embedded within Australia, focusing on both the extraction and development of high-potential gold and silver projects, as well as engaging in the coking coal sector.
Products and Services
- Agate Creek Gold Project
- Georgetown Project
- Ashford Coking Coal Project
This project represents Savannah Goldfields Limited’s flagship venture, encompassing a vast area of approximately 1,034 square kilometers located in north Queensland. The company holds a 100% interest in this project, underlining its commitment to exploring and developing the gold resources within this substantial landholding. The Agate Creek Gold project is a testament to Savannah Goldfields Limited's strategic focus on gold as a core element of its portfolio.
Comprising 132 exploration permits and 17 mining leases, the Georgetown project extends Savannah Goldfields Limited's gold and silver exploration efforts within Queensland. By holding a significant array of exploration permits and mining leases, the company strategically positions itself to uncover and develop precious metal resources, further cementing its role in the Australian mining industry as a key player in the gold and silver sectors.
Holding a 60% interest in the Ashford coking coal project located in New South Wales, Savannah Goldfields Limited diversifies its mining portfolio beyond precious metals. This project indicates the company's strategic venture into the coal sector, particularly focusing on the lucrative coking coal market. The involvement in the Ashford coking coal project not only broadens the company’s resource base but also aligns with its goals to explore and develop a range of mineral projects across Australia.
