Latest Georgetown Project News

Savannah Goldfields has announced a fourth gold Exploration Target at its Jubilee Plunger Deposit within the Georgetown Project, potentially extending its resource base. The target supports the company’s strategy to feed multiple ore sources into its Georgetown Processing Plant.

Savannah Goldfields has announced a promising new gold Exploration Target at its Big Reef Deposit within the Georgetown Project, potentially extending its resource base and supporting imminent mining plans.

Savannah Goldfields has announced a new gold Exploration Target at its Electric Light Deposit within the Georgetown Project, potentially extending known mineralisation and supporting its processing plant feed strategy.

Savannah Goldfields has announced a significant new gold Exploration Target at its Red Dam deposit within the Georgetown Project, potentially expanding its resource base and supporting future production plans.

Savannah Goldfields is advancing plans to resume gold production by July 2025, backed by a $9.1 million capital raise and strategic leadership appointments. The company aims to capitalise on high gold prices by processing stockpiled ore at its Georgetown plant before restarting mining operations.

Savannah Goldfields has successfully completed a $2.69 million capital raise through a placement and institutional entitlement offer, setting the stage for a retail offer and a broader $14 million funding program to restart gold mining operations.

Savannah Goldfields Limited has announced a $9.91 million equity raising to fund the restart of mining operations and regional expansion in Far North Queensland. The company targets resuming production in H1 2025 with a focus on optimising costs amid a strong gold price environment.

Savannah Goldfields Limited has launched a $14 million capital raising to fund the restart of gold mining operations at its Agate Creek and Georgetown projects, backed by cornerstone investors including Wes Maas.