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Investegate announcements from Savannah Resources, Interim Results

§ 101,069 ounces ("ozs") of gold poured in 2020 (115,649 ozs in 2019) § US$1,147/oz All in Sustaining Cost ("AISC") in 2020 (US$986/oz AISC in 2019) § Average grade of 2.41 grammes per tonne ("g/t") in 2020 (2.88 g/t in 2019) § 104,174 ozs of gold sold in 2020 at an average price of US$1,745/oz § Impressive  Total Recordable Injury Frequency Rate ("TRIFR") of 0.82 (2019 2.82) § Successful 2020 drilling programme of ~21,000 metres completed at Yanfolila § June 2020 earn-in agreement with P...

  Gold production during the period was 20,622 oz. Overall, a total of 155,859 t of ore grading 4.5 g/t was mined from underground in Q4 compared with 156,391 t of ore grading 4.5 g/t in Q3. A further 44,691 t ore grading 1.4 g/t was mined from open pits in Q4 compared with 38,792 t of ore grading 2.16 g/t in Q3. 181,425 t of ore was milled during the period (Q3: 181,036 t). The ROM stockpile at the end of Q4 was 154,577 t of ore grading 1.31 g/t (up from 120,511 t grading 1.45 g/t at the end of Q3). Average recoveries of 90.4% were achieved in the plant during the period ...