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How Savannah Goldfields Is Reviving Gold Production and Raising $15M for Growth
7:10pm on Friday 30th of January, 2026 AEDT
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Mining
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How Savannah Goldfields Is Reviving Gold Production and Raising $15M for Growth
7:10pm on Friday 30th of January, 2026 AEDT
Key Points
Gold production restarted at Georgetown with weekly pours and $6.4M revenue since November
Mining initiated at Big Reef with stockpiling and ongoing exploration drilling at key prospects
Significant assay results support resource updates at Electric Light, Red Dam, and Big Reef
Completed $15 million share placement to repay debt and fund production and exploration
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