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As of 11:56 AM 07/24/15 All times are local (Market data is delayed by at least 15 minutes).

savant explorations ltd (SVT) Snapshot

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savant explorations ltd (SVT) Details

Savant Explorations Ltd., a junior mineral exploration company, engages in the exploration and development of mineral resource properties in Canada, Chile, and the United States. It primarily explores for zinc, copper, lead, silver, and gold ores. The company holds interests in the Yuby Gabriela property located in the prolific Paleocene Porphyry Copper district in Northern Chile; and the Blue Moon polymetallic massive sulphide property covering approximately 179 hectares in Mariposa County, California. It also has an interest in the Yava property that consists of a mineral lease totaling approximately 1,281 hectares with an additional 4,449 hectares of mineral claims in Nunavut. Savant Explorations Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Founded in 2007

savant explorations ltd (SVT) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$85.6K
Chief Financial Officer, Corporate Secretary,...
Total Annual Compensation: C$34.0K
Compensation as of Fiscal Year 2014.

savant explorations ltd (SVT) Key Developments

Savant Explorations Ltd. Announces Board Changes

Savant Explorations Ltd. announced that Mr. Rupert Legge has been appointed to the Board. Mr. Legge is a retired business executive and the former Executive Vice-President, Legal and Corporate Secretary for Alterra Power Corporation. Mr. Legge replaces Mr. Robert McKnight who has retired from the Board.

Savant Explorations Provides an Update on its Exploration Activities and 2015 Plans

Savant Explorations Ltd. provided an update on its exploration programs and 2015 plans. Over the past year, Savant has worked diligently and efficiently to add value to its exploration assets, while conserving its treasury, remaining debt free and minimizing its overhead costs. In the continuing weak environment for junior exploration companies, Savant is fortunate to have a strong portfolio of properties and sufficient cash on hand to continue operations in the event the market malaise extends through next year and into 2017. Over the next eight months, Savant plans to complete an initial drill program on its Buckhorn copper porphyry project, either by self-funding if markets allow or through a strategic partner to share the risk on the property. In addition, Savant will continue to monitor the partner-funded activity on its Yuby-Gabriela property in Chile and will be working hard to realize value from its wholly-owned zinc-rich VMS deposit in the U.S. Yuby-Gabriela Copper Project, Chile: On April 27th, Savant received a $50,000 (approximately CAD 60,000) option payment from Quantum Pacific Exploration SpA. Buckhorn Copper Project, Arizona: Savant expects to finalize the agreement for surface access rights with the landowner in May 2015. This will allow Savant to carry out the initial drill program to test two chargeability anomalies outlined by the Induced Polarization (IP) Survey completed in 2014. Blue Moon polymetallic VMS Project, California: Further to the company's release dated December 1, 2014, Savant recently completed a full review of the historical data for its wholly owned Blue Moon deposit. Blue Moon contains a N.I.43-101 resource in excess of 3 million tons with a grade of 5.63% zinc (plus significant bi-products of copper, silver and gold) in the Indicated category and 3.1 million tons with a grade of 5.58% zinc (plus significant bi-products of copper, silver and gold) in the Inferred category.

Savant Explorations Mulls Acquisitions

Savant Explorations Ltd. (TSXV:SVT) is seeking acquisitions. John McClintock, President and Chief Executive Officer of Savant Explorations, said, “Further due diligence will be undertaken this year to further prioritize these target areas and to identify new prospective target areas that may be available for acquisition by low-cost mineral claim staking.”


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