Savannah Goldfields Ltd has reported a solid quarter to 31 March 2026, delivering A$1.24 million in operating cash flow despite a planned maintenance shutdown at the Georgetown Gold Processing Plant (GGPP).
The plant resumed ahead of schedule, with 985 oz of gold and 595 oz of silver sold in the quarter for A$7.03 million in revenue at an average gold price of A$7,053.96/oz.
Operational momentum is building into the June quarter, with mining restarted at the Big Reef open pit in April and an Environmental Authority amendment for expanded mining at Agate Creek expected in May.
High‑grade drill results from Electric Light and Red Dam, including 3m @ 19.04 g/t Au, are feeding into updated Mineral Resource estimates and metallurgical testwork.
Savannah is also advancing scope for a feasibility study on a proposed 1 Mtpa processing plant at Agate Creek, while pursuing its “hub and spoke” strategy centred on Georgetown as a regional processing hub for oxide ore and, in time, sulphide material.