Savannah Resources Plc, which is engaged in drilling excavation projects in Blocks 4 and 5 in the Semail Ophiolite Belt in Oman, said it expects to achieve high-grade, low-cost copper concentrate production in late 2017 with additional gold upside. With its initial reverse circulation and drilling programmed in 16 holes for 1,766.85 metres having completed, Savannah received positive results at 4.86% copper, 1.54% zinc, 1.3g/t gold and 37.3g/t silver. Drilling in other seven holes is expected to be completed by end of this month. The company said that its strategy is to achieve high-grade, low-cost copper concentrate production in late 2017, with additional gold upside. (Oman Observer)