Savannah Resources has secured environmental operating permits for the Mahab 4 and Maqail South mining licence applications in Oman.
Savannah is a 65% shareholder in the Omani company Al Fairuz Mining, the holder of the Block 5 licence which includes these two high-grade copper deposits.
David Archer, Savannah’s Chief Executive Officer said today ““The award of environmental operating permits marks a major breakthrough for our 2018 development plans for the mining of the high-grade copper deposits at Mahab 4 and Maqail South. MECA’s environmental clearance is expected to be factored positively into the approval process of the remaining Ministries.”