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Savannah Goldfields Raises $9.9M to Restart Gold Production in 2025
5:45pm on Sunday 1st of June, 2025 AEST
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Mining
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Savannah Goldfields Raises $9.9M to Restart Gold Production in 2025
5:45pm on Sunday 1st of June, 2025 AEST
Key Points
Equity raising of approximately $9.91 million via placement and entitlement offer
Funds allocated for mining restart, working capital, exploration, and environmental approvals
Targeted recommencement of gold production in first half of 2025 at Agate Creek
Current JORC resource base of 590,000 ounces with significant exploration upside
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Savannah Goldfields (ASX:SVG)
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