Savannah Resources Releases Phase One DFS for Barroso Lithium Project

Savannah Resources held an investor call on July 20 to discuss its definitive feasibility study for the first phase of the Barroso Lithium Project. The study was published the previous week after more than nine years of work.

Chief executive Emanuel Damaso Rodrigues Proenca addressed investors during the presentation. He described the milestone as moving the project into the post-feasibility stage and noted that the study covers construction and the first 14 years of mine life.

The company upgraded the resource in September 2025. Proenca highlighted extensive prior work on geology, mineralogy and metallurgy as key to reaching this point.

The call marked the first public discussion of the Phase One results following the study's release.

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