David Archer, chief executive of Savannah Resources Plc (LON:SAV), tells Proactive a 200% increase in the resource at Mina do Barroso marks the project out as one of Europe's most promising lithium projects.
Archer says the plan now is to push ahead with "second pass" metallurgical test work.
A scoping study should be commissioned soon, which would then lead to a definitive feasibility study later this year.
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